8-K: FHLBNY Q3 net income falls 1.3% to $157.6 million as advances surge 30.3%

Net income for the third quarter of 2026 was $157.6 million, down $2.1 million, or 1.3%, from $159.7 million a year earlier. Net interest income rose 1.2% to $214.5 million, while non-interest income fell 14.3%, or $4.5 million. Return on average equity was 6.48% annualized, compared to 7.65% in the third quarter of 2025. Total assets grew 20.6% to $188.7 billion from $156.5 billion at December 31, 2025, driven by advances of $120.5 billion, up 30.3% from $92.5 billion.

Net income for the third quarter of 2026 was $157.6 million, down $2.1 million, or 1.3%, from $159.7 million a year earlier. Net interest income rose 1.2% to $214.5 million, while non-interest income