Last $7.28 USD
Change Today +0.02 / 0.28%
Volume 625.4K
DRL On Other Exchanges
New York
As of 8:04 PM 09/19/14 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
09/23/13 - $20.52
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 Financial Officer and Executive Vice Pr...
Total Annual Compensation: $440.0K
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 Receives Subpoena from the Securities and Exchange Commission

Doral Financial Corporation announced that it is received a subpoena, dated August 1, 2014, from the Securities and Exchange Commission informing the company that the SEC is investigating certain matters related to the company's filings with the SEC. Among other matters, the SEC has requested information relating to the company's determination regarding the inclusion of certain tax receivables from the Government of Puerto Rico as Tier 1 capital, the company's allowance for loan and lease losses for the quarter ended September 30, 2013, and Doral Bank's compliance with its Consent Order with the Federal Deposit Insurance Corporation and the Office of the Commissioner of Financial Institutions of Puerto Rico dated August 8, 2012. The scope of the subpoena appears to cover at least one matter related to the company's lawsuit with the Puerto Rico Department of Treasury and not to the company's SEC filings.

Doral Financial Corporation announced delayed 10-Q filing

On 08/12/2014, 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 provide an update on the Doral case against the Government of Puerto Rico


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