<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF DORAL FINANCIAL CORPORATION FOR THE NINE MONTHS ENDED
SEPTEMBER 30, 2000 AND IT IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>1,000

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                          28,476
<INT-BEARING-DEPOSITS>                         117,190
<FED-FUNDS-SOLD>                               152,071
<TRADING-ASSETS>                             1,017,419
<INVESTMENTS-HELD-FOR-SALE>                    213,688
<INVESTMENTS-CARRYING>                       1,543,644
<INVESTMENTS-MARKET>                         1,499,837
<LOANS>                                      1,714,040
<ALLOWANCE>                                      8,360
<TOTAL-ASSETS>                               5,192,292
<DEPOSITS>                                   1,204,912
<SHORT-TERM>                                 2,110,686
<LIABILITIES-OTHER>                            167,297
<LONG-TERM>                                  1,237,877
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    124,750
<COMMON>                                        42,419
<OTHER-SE>                                     304,351
<TOTAL-LIABILITIES-AND-EQUITY>               5,192,292
<INTEREST-LOAN>                                 90,353
<INTEREST-INVEST>                              132,124
<INTEREST-OTHER>                                16,354
<INTEREST-TOTAL>                               238,831
<INTEREST-DEPOSIT>                              44,753
<INTEREST-EXPENSE>                             162,063
<INTEREST-INCOME-NET>                           32,015
<LOAN-LOSSES>                                    2,705
<SECURITIES-GAINS>                              91,414
<EXPENSE-OTHER>                                 76,807
<INCOME-PRETAX>                                 70,596
<INCOME-PRE-EXTRAORDINARY>                      70,596
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    61,913
<EPS-BASIC>                                       1.38
<EPS-DILUTED>                                     1.38
<YIELD-ACTUAL>                                    0.81
<LOANS-NON>                                      9,622
<LOANS-PAST>                                    75,374
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 6,136
<CHARGE-OFFS>                                      740
<RECOVERIES>                                       259
<ALLOWANCE-CLOSE>                                8,360
<ALLOWANCE-DOMESTIC>                             8,070
<ALLOWANCE-FOREIGN>                                290
<ALLOWANCE-UNALLOCATED>                              0


</TABLE>