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Doral Financial (Doral Financial) Cash, Cash Equivalents, Marketable Securities


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Doral Financial (Doral Financial) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Doral Financial Corp (OTCPK:DORPQ.PFD) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Address
1451 Franklin D. Roosevelt Avenue, San Juan, PRI, 00920-2717
Puerto Rico-based Doral Financial is in the process of transforming itself into a traditional community bank. It operates 41 branches in Puerto Rico, plus one in New York, and offers a variety of retail and commercial banking services. Residential real estate loans make up about 70% of Doral's loan portfolio, and commercial loans account for another 20%. Nearly all of the bank's loans are secured by real estate.