Doral Financial Corp. announced earnings results for the third quarter ended September 30, 2009. For the quarter, the company reported net income attributable to commons stockholders of the company of $10.0 million or $0.17 diluted earnings per share, compared to a net loss attributable to commons stockholders of $10.1 million or $0.19 diluted loss per share for the comparable 2008 period. Net interest income for the third quarter of 2009 was $43.6 million, compared to $47.0 million for the corresponding period in 2008. The decrease of $3.4 million in net interest income for 2009, compared to 2008, resulted from a reduction in interest income of $19.4 million, partially offset by a reduction in interest expense of $16.0 million.

Doral Financial Corp. expected to Report Fiscal Year 2009 Results on March 15, 2010. This event was calculated by Capital IQ (Created on November 9, 2009).

Doral Financial Corp. Reported Earnings results for the Second Quarter Ended June 30, 2009. Net income for the quarter ended June 30, 2009 amounted to $8.2 million, compared to a net income of $1.6 million for the comparable 2008 period. The company's performance for the second quarter of 2009, compared to the corresponding 2008 quarter, resulted from a $6.8 million decrease in net interest income due to the compression of net interest margin and increasing non-performing loans in a declining interest rate and credit environment and slightly lower interest earning assets; a $5.8 million decrease in non-interest income due principally to other-than-temporary impairment charges related to the investment portfolio. Net income attributable to common shareholders for the second quarter of 2009 of $14.5 million, resulted in a diluted earnings per share of $0.27, compared to a net loss attributable to common shareholders for the corresponding 2008 period of $6.7 million, or a diluted loss per share of $0.12. The $0.39 improvement in earnings per share was due to net income attributable to common shareholders of $5.2 million, before the effect of the preferred stock conversion, which resulted in $0.10 per share for the quarter, and to the results of the preferred stock conversion effected in June of 2009 of $0.17 per share. Net interest income for the second quarter of 2009 was $42.1 million, compared to $48.9 million for the comparable period in 2008. The decrease of $6.8 million in net interest income for 2009, compared to 2008, resulted from a reduction in interest income of $21.1 million, partially offset by a reduction in interest expense of $14.3 million.