Spain's Unicaja books 9-month net profit of 1.395 bln euros
MADRID, Nov 3 (Reuters) - Spain's Unicaja on Wednesday reported a net profit of 1.395 billion euros ($1.62 billion) in the first nine months thanks to a multimillion accounting gains it booked following the acquisition of its smaller rival Liberbank.
Unicaja, which at the end July closed the deal with Liberbank to create Spain's fifth-largest lender by assets, reported a badwill gain - a paper profit that occurs when an asset is bought below its book value - of 1.301 billion euros.
($1 = 0.8633 euros) (Reporting by Jesús Aguado; editing by Inti Landauro)
