---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-005008"
form_type: "8-K"
ticker: null
cik: "0001329842"
company_name: "Federal Home Loan Bank of New York"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:38:26.324553+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FHLB New York reports Q1 net income $220.5M, up 11.1% YoY

## Summary
- Net income $220.5M, +11.1% vs $198.5M in Q1 2023.
- Net interest income $265.0M, +15.4% driven by higher average assets and yield.
- ROE (annualized) 10.58%, up from 9.61% in prior-year quarter.
- Total assets $159.6B (+0.8% from Dec 31); advances $108.3B par (-1.4%).
- Allocated $24.5M from Q1 earnings to Affordable Housing Program.

## SEC filing metadata
- accession: 0001654954-24-005008
- form_type: 8-K
- cik: 0001329842
- company_name: Federal Home Loan Bank of New York
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329842/000165495424005008/0001654954-24-005008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329842/000165495424005008/fhlbny_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-005008
- JSON: https://secwatch.observer/filing/0001654954-24-005008.json
- Plain text: https://secwatch.observer/filing/0001654954-24-005008.txt

## Key facts
- Earnings Releases
  Federal Home Loan Bank of New York reported the quarter ended March 31, 2024 results: net income $220.5 million.
  - Period: the quarter ended March 31, 2024
  - Net income: $220.5 million
  - Result: reported results
  source text: FEDERAL HOME LOAN BANK OF NEW YORK ANNOUNCES FIRST QUARTER 2024 OPERATING HIGHLIGHTS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329842/000165495424005008/0001654954-24-005008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.