Downey Financial Corp.
(Public, OTC:DWNFQ) Watch this stockFind more results forNYSE:DSL
Key stats and ratios
| Q3 (Sep '08) | 2007 | |
| Net profit margin | -56.20% | -12.03% |
| Operating margin | -61.50% | -20.80% |
| EBITD margin | - | - |
| Return on average assets | -2.56% | -0.38% |
| Return on average equity | -39.88% | -4.15% |
| Employees | 1,850 | - |
Address
3501 Jamboree Road
Newport Beach, CA 92660
United States - Map
+1-949-8540300 (Phone)
+1-949-8548162 (Fax)
Newport Beach, CA 92660
United States - Map
+1-949-8540300 (Phone)
+1-949-8548162 (Fax)
Website links
Downey Financial Corp. discussions
View all discussions »Description
Downey Financial Corp. (Downey) is a savings and loan holding company. Downey Savings and Loan Association (the Bank) is the Company’s wholly owned subsidiary. The Company is also involved in real estate investments. Its banking activities focus on attracting funds from the general public and institutions and obtaining borrowings; originating and investing in loans, primarily residential real estate mortgage loans, investment securities and mortgage-backed securities, and originating and selling loans to investors in the secondary markets. In November 2008, U.S. Bancorp announced that its lead bank, U.S. Bank National Association, has acquired the banking operations of Downey Savings & Loan Association, F.A.
Officers and directors
| Michael D. Bozarth | Chairman of the Board | |
| Charles R. Rinehart | Chief Executive Officer, Director | |
| Gary W. Brummett | Vice Chairman of the Board | |
| Brian E. Cote | Chief Financial Officer, Executive Vice President of Downey Financial Corp. and the Bank | |
| Jon A. MacDonald | Chief Operating Officer, Executive Vice President, General Counsel | |
| Richard B. Swinney | Executive Vice President, Associate General Counsel, Corporate Secretary | |
| Thomas E. Prince | Senior Executive Vice President, Director | |
| Lorraine Sapak | Senior Vice President, Director - Human Resources | |
| Stanley M. Tarbell | Senior Vice President and Tax Director of Downey Financial Corp. and the Bank | |
| Jane L. Smallwood | Executive Vice President and Credit Risk Manager of the Bank |