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FHLBNY

Federal Home Loan Bank of New York
7 filings tracked
financialsasset managementLARGE ($10B-200B)

Company Intelligence Hub

Filing history, signal momentum, and bull/bear evolution

Chronological Filing Evolution (Click to filter / toggle)

Thesis (Bull Case Evolution)

The Federal Home Loan Bank of New York is operating as a critical liquidity engine for the regional financial ecosystem. Total assets surged 12.9% quarter-over-quarter to $176.7 billion, driven by a massive 19.4% increase in the advance book to $110.2 billion.…

Bullish Outlook

Antithesis (Bear Case / Structural Risks)

Despite the growth in assets, the bank is facing a classic margin squeeze. Net interest income grew by only 1.2% year-over-year, a stark contrast to the nearly 20% growth in the advance book.…

Risk Factors

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Synthesis (Verdict & Resolution)

The latest 10-Q reveals a bank in a state of aggressive expansion, acting as a vital backstop for New York's financial institutions. While the sheer scale of growth and the ability to attract member demand are bullish signals, the underlying financial metrics suggest a tightening of margins and an increase in systemic leverage. Investors must weigh the bank's structural importance and strong capital ratios against the risks of concentration and the potential for further margin compression. The outcome will likely depend on the bank's ability to manage its $9.55 billion cumulative re-pricing gap and the stability of its largest insurance borrowers in a volatile rate environment.

Selected Quarter

Core Takeaway

FHLBNY is growing rapidly to meet member liquidity needs, but is doing so with increasing leverage and thinning margins.

Investor Lens

The trade-off between the bank's role as an indispensable liquidity provider and its increasing reliance on short-term discount note funding.

Watch Next

The one-year cumulative re-pricing gap of $7.6 billion and its impact on net interest margin.

View Full SEC Report

Signal Momentum Chart

Quarterly net bull/bear signal ratio. Click nodes to select a quarter.

BULLISH (+1.0)NEUTRAL (0.0)BEARISH (-1.0)+0.13Q2 '26 (10-Q)

Signal Timeline

Active Filters:Quarter: Q2 '26 (10-Q)
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%
bearishMay 7

Net interest income grew only 1.2% despite a 19.4% increase in advances.

margin compression
70%
bullishMay 7

Net income remained stable at $153.9 million despite rapid balance sheet expansion.

earnings beat
60%
bullishMay 7

Total capital increased to $8.86 billion, exceeding regulatory requirements.

capital raise
50%

Filing History

10-QMay 7, 2026
Expand Sequence

The latest 10-Q reveals a bank in a state of aggressive expansion, acting as a vital backstop for New York's financial institutions. While the sheer scale of growth and the ability to attract member demand are bullish signals, the underlying financial metrics suggest a tightening of margins and an increase in systemic leverage. Investors must weigh the bank's structural importance and strong capital ratios against the risks of concentration and the potential for further margin compression. The outcome will likely depend on the bank's ability to manage its $9.55 billion cumulative re-pricing gap and the stability of its largest insurance borrowers in a volatile rate environment.

Disclaimer: The synthesis provided is generated by AI models and should not be construed as investment advice. Analysis is based solely on regulatory data present at the time of publication. Consult a financial advisor for specific investment strategies.