Earnings results continued to be a mixed bag as Cleveland-based National City Corp. boosted both profits and profitability, while Grand Rapids, Mich.-based Old Kent Financial Corp. increased net income but saw profitability slip mildly.

National City said Monday fourth-quarter earnings rose 8% to $111.4 million, with its annualized return on assets rising 5 basis points to 1.40%. Old Kent boosted earnings by 9.6% to $33.4 million but saw its ROA slip by 2 basis points to 1.25%.

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