Last $5.12 USD
Change Today -0.15 / -2.85%
Volume 50.0K
DRL On Other Exchanges
New York
As of 5:15 PM 11/28/14 All times are local (Market data is delayed by at least 15 minutes).

doral financial corp (DRL) Snapshot

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52 Week High
11/29/13 - $19.00
52 Week Low
05/8/14 - $1.87
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Current Stock Chart for DORAL FINANCIAL CORP (DRL)

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doral financial corp (DRL) Details

Doral Financial Corporation operates as the bank holding company for Doral Bank that provides retail banking services to general public and institutions. It primarily operates through Puerto Rico Growth, United States, Recovery, and Treasury segments. The company accepts deposits, including certificates of deposit, brokered deposits, regular passbook savings, NOW accounts and other transaction accounts, money market accounts, and non-interest bearing deposits; obtains borrowings; originates and invests in loans, including residential real estate mortgage loans; and offers traditional banking services. It also offers commercial and construction loan products; and purchases assigned interests in senior credit facilities from the syndicated leverage loan market in the United States. In addition, the company provides consumer loans, such as credit cards, personal loans, loans on savings deposits and other consumer loans. Further, it offers commercial real estate loans; commercial loans, including lines of credit and term facilities to finance business operations, and working capital for specific purposes, such as to finance the purchase of assets, equipment, or inventory; and construction lending products, as well as industrial and land loans. Additionally, the company originates, purchases, and sells mortgage loans; and offers property, casualty, life, and title insurance products primarily to its mortgage loan customers. It operates a network of 22 branches in Puerto Rico; and 8 branches in New York and Florida. Doral Financial Corporation was founded in 1972 and is based San Juan, Puerto Rico.

1,333 Employees
Last Reported Date: 03/21/14
Founded in 1972

doral financial corp (DRL) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $2.2M
Chief Business Development Officer and Execut...
Total Annual Compensation: $950.0K
Chief Compliance Officer, Executive Vice Pres...
Total Annual Compensation: $652.6K
Executive Vice President of Puerto Rico Opera...
Total Annual Compensation: $454.6K
Compensation as of Fiscal Year 2013.

doral financial corp (DRL) Key Developments

Doral Financial Corporation announced delayed 10-Q filing

On 11/12/2014, Doral Financial Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Doral Financial Corporation - Special Call

To update media on superior court judge Laureana Perez Perez.'s ruling that the government of Puerto Rico must repay $230 million according the existing tax agreement.

Doral Financial Corporation Announces Executive Changes

Effective October 6, 2014, Doral Financial Corporation has appointed Nancy Reinhard as Acting Chief Financial Officer. Ms. Reinhard also remains the Principal Accounting Officer of the company. Ms. Reinhard initially joined the company as Principal Accounting Officer in July 2012. Prior to joining the company, Ms. Reinhard served as the Chief Accounting Officer of ING Bank, FSB from 2010 to June 2012 and was the Controller of ING Bank, FSB from 2007 to 2010. Also on October 6, 2014, David E. Hooston, the Chief Financial Officer of the company, was placed on paid administrative leave to attend to personal family issues unrelated to his functions as Chief Financial Officer or the financial matters of the company.


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