third-quarter net income of $55 million, a 31% increase over the year-earlier period. Earnings per share at the commercial finance company matched analysts' estimates of 86 cents.

Finova's portfolio, which consists primarily of leases and loans to midsize businesses, grew at an annual rate of 27% during the third quarter, to $12.5 billion. In the third quarter of last year, growth was 20%, the firm said, stemming in part from a companywide cross-selling push, said chairman and chief executive Sam Eichenfield.

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