Mercantile Bankshares reports ?mixed? first-quarter results

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Baltimore-based Mercantile Bankshares Corp. announced Tuesday that its first-quarter net income was up 13 percent to $70.8 million compared with the same quarter of 2005, when the company reported net income of $62.6 million.

The company?s first-quarter net income dipped 5.5 percent from the fourth quarter of 2005.

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