Spain's Sabadell nine-month profit up 59 percent

October 23, 2015 6:08 AM

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MADRID Oct 23 Spain's Sabadell said on Friday its net profit for the first nine months of the year rose over 59 percent to 580 million euros ($649 million), helped by growing income from lending and its acquisition of British bank TSB.

Even excluding its purchase of TSB, Sabadell said revenues and net interest income, its earnings from loan minus deposit costs, would have still risen sharply.

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