Bank of America Corp. used $290 million of one-time gains and other nonrecurring revenue to spruce up its third-quarter results, two analysts at Credit Suisse First Boston said Tuesday.

Bank of America beat analysts' average third-quarter target of $1.21 per share by 2 cents by including in operating income $61 million from securitizations and loan sales, $140 million of venture capital investment gains, $10 million from the sale of Taiwanese retail operations, and $79 million from the sale of carfinace.com, an Internet lender. The $79 million was disclosed in a Securities and Exchange Commission report, but not to some analysts, according to Credit Suisse First Boston analysts Michael Mayo and David Trone.

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