Sandy Spring Bancorp, Inc. (SASR)
| Market Cap | 1.53B |
| Revenue (ttm) | 390.69M |
| Net Income (ttm) | 85.42M |
| Shares Out | 45.14M |
| EPS (ttm) | 1.89 |
| PE Ratio | 17.99 |
| Forward PE | 15.13 |
| Dividend | $1.36 (4.00%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 725,327 |
| Open | 32.96 |
| Previous Close | 33.23 |
| Day's Range | 32.96 - 34.39 |
| 52-Week Range | 19.52 - 39.55 |
| Beta | 0.94 |
| Analysts | Hold |
| Price Target | 29.33 (-13.74%) |
| Earnings Date | Jan 21, 2025 |
About SASR
Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses in the United States. It offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, construction loans, and business loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit... [Read more]
Financial Performance
In 2023, Sandy Spring Bancorp's revenue was $439.19 million, a decrease of -8.44% compared to the previous year's $479.65 million. Earnings were $122.62 million, a decrease of -25.96%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SASR stock is "Hold." The 12-month stock price forecast is $29.33, which is a decrease of -13.74% from the latest price.
News
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SASR and AG on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / October 24, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or br...
SANDY SPRING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sandy Spring Bancorp - SASR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sandy Spring Ban...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Sandy Spring Bancorp
NEW YORK , Oct. 21, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Sandy Spring Bancorp (NASDAQ: SASR) and its board of directors concerning the proposed ...
Sandy Spring Bancorp Reports Third Quarter Earnings of $16.2 Million
OLNEY, Md., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $16.2 million ($0.36 per diluted common share) f...
Atlantic Union Bankshares Corporation Announces Agreement to Acquire Sandy Spring Bancorp
RICHMOND, Va. & OLNEY, Md.--(BUSINESS WIRE)--Atlantic Union Bankshares to Acquire Sandy Spring Bancorp.
Sandy Spring Bank Earns National Workplace Recognition for Fourth Consecutive Year
OLNEY, Md., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bank today announced that it has been certified as a Great Place To Work, marking the fourth consecutive year that the Bank has achieved this...
Sandy Spring Bancorp, Inc. to Webcast Third Quarter Earnings Conference Call on October 21, 2024
OLNEY, Md., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its third quarter earnings on Monday, October 21, 2024. The company will hold a conference call th...
Sandy Spring Bancorp Declares Quarterly Dividend
OLNEY, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common sto...
Sandy Spring Bancorp, Inc. (SASR) Q2 2024 Earnings Call Transcript
Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Q2 2024 Earnings Conference Call July 23, 2024 2:00 PM ET Company Participants Daniel J. Schrider - President and Chief Executive Officer Aaron Kaslow - Gener...
Sandy Spring Bancorp Reports Second Quarter Earnings of $22.8 Million
OLNEY, Md., July 23, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $22.8 million ($0.51 per diluted common share) f...
Sandy Spring Bank Celebrates Ronda McDowell's Success as MBA Chair
OLNEY, Md., July 15, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, today recognized the achievements of Ronda McDowell, Executive Vice Pre...
Sandy Spring Bancorp, Inc. to Webcast Second Quarter Earnings Conference Call on July 23, 2024
OLNEY, Md., July 01, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its second quarter earnings on Tuesday, July 23, 2024. The company will hold a conference call tha...
Sandy Spring Bancorp's Board of Directors Appoints Charles S. Cullum Chief Financial Officer
Philip J. Mantua to Support Leadership Transition Through End of Year Philip J. Mantua to Support Leadership Transition Through End of Year
Sandy Spring Bancorp, Inc. (SASR) Q1 2024 Earnings Call Transcript
Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Q1 2024 Earnings Conference Call April 23, 2024 2:00 PM ET Company Participants Daniel J. Schrider – President and Chief Executive Officer Aaron Kaslow – Gene...
Sandy Spring Bancorp Reports First Quarter Earnings of $20.4 Million
OLNEY, Md., April 23, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $20.4 million ($0.45 per diluted common share) ...
65 Graham Value Stocks: 54 Fit To Buy For April
Large Cap Value is a value ranking for large cap stocks that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks...
Sandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 23, 2024
OLNEY, Md., April 02, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its first quarter earnings on Tuesday, April 23, 2024. The company will hold a conference call th...
Sandy Spring Bank Senior Vice President Elected President of Mortgage Trade Association
OLNEY, Md., March 11, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bank is pleased to announce that Malcolm Hollensteiner, Senior Vice President and Head of Residential Home Loan Production has been named th...
Sandy Spring Bank Donates $50,000 to Local Food Banks to Support Access to Nutritious Food
OLNEY, Md., March 06, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bank today announced a $50,000 donation to help combat hunger in the Greater Washington Region. Bank leaders presented checks of $25,000 eac...
Sandy Spring Bancorp, Inc. (SASR) Q4 2024 Earnings Call Transcript
Sandy Spring Bancorp, Inc. (SASR) Q4 2024 Earnings Call Transcript
Sandy Spring Bancorp Reports Fourth Quarter Earnings of $26.1 Million
OLNEY, Md., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $26.1 million ($0.58 per diluted common share) f...
Sandy Spring Bancorp, Inc. to Webcast Fourth Quarter Earnings Conference Call on January 23, 2024
OLNEY, Md., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its fourth quarter earnings on Tuesday, January 23, 2024. The company will hold a conference call ...
Sandy Spring Bank Opens One Loudoun Location
OLNEY, Md., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Sandy Spring Bank has opened a new, full-service branch located at One Loudoun in Ashburn to serve residents and businesses of Northern Virginia.
Sandy Spring Bancorp, Inc. (SASR) Q3 2023 Earnings Call Transcript
Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Q3 2023 Earnings Conference Call October 24, 2023 2:00 PM ET Company Participants Daniel Schrider - President and CEO Philip Mantua - Executive Vice President...
Sandy Spring Bancorp Reports Third Quarter Earnings of $20.7 Million
OLNEY, Md., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $20.7 million ($0.46 per diluted common share) f...