Sabadell United Bank’s earnings rise

Sabadell United Bank on Thursday reported a third-quarter net profit of $25.8 million for the third quarter, up from $5.7 million in the second quarter of 2012.

The Miami bank said the latest’s quarter’s results include a one-time benefit attributable to a tax basis change that the bank recorded this quarter.

Sabadell United Bank has $3.8 billion in assets and 23 locations throughout Florida.

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