(Reuters) - Net income for the Cherry Hill-based company fell to $76.9 million, or 39 cents per share, from $79.5 million, or 41 cents, a year earlier.
Commerce last month replaced Chief Executive Vernon Hill, who founded the company 34 years earlier, under pressure from regulators critical of the bank's business dealings with Hill's family and other insiders.
Read more at Reuters.com Bonds News
Commerce last month replaced Chief Executive Vernon Hill, who founded the company 34 years earlier, under pressure from regulators critical of the bank's business dealings with Hill's family and other insiders.
Read more at Reuters.com Bonds News
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