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Sandy Spring Bancorp, Inc. (SASR)

Stock Price: $26.10 USD -0.68 (-2.54%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.24B
Revenue (ttm) 290.78M
Net Income (ttm) 53.49M
Shares Out 47.36M
EPS (ttm) 1.66
PE Ratio 15.72
Forward PE 8.26
Dividend $1.20
Dividend Yield 4.60%

Stock Quote

Trading Day Oct 23, 2020
Last Price $26.10
Previous Close $26.78
Change ($) -0.68
Change (%) -2.54%
Day's Open 26.99
Day's Range 25.91 - 27.19
Day's Volume 209,505
52-Week Range 18.00 - 38.45

More Stats

Market Cap 1.24B
Enterprise Value 2.07B
Earnings Date (est) Jan 21, 2021
Ex-Dividend Date Aug 11, 2020
Shares Outstanding 47.36M
Float 46.03M
EPS (basic) 1.59
EPS (diluted) 1.66
FCF / Share 2.25
Dividend $1.20
Dividend Yield 4.60%
Earnings Yield 6.36%
FCF Yield 8.53%
Payout Ratio 75.50%
Shares Short 1.08M
Short Ratio 5.63
Short % of Float 2.36%
Beta 1.08
PE Ratio 15.72
Forward PE 8.26
P/FCF Ratio 11.72
PS Ratio 4.25
PB Ratio 0.91
Revenue 290.78M
Operating Income 66.59M
Net Income 53.49M
Free Cash Flow 105.49M
Net Cash -836.03M
Net Cash / Share -17.65
Gross Margin 101.58%
Operating Margin 22.90%
Profit Margin 18.40%
FCF Margin 36.28%
ROA 0.65%
ROE 5.36%
ROIC 0.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 3
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$27.50*
(5.36% upside)
Low
25.0
Current: $26.10
High
30.0
Target: 27.50
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue332312217195183177179165155133
Revenue Growth6.23%43.97%11.27%6.74%3.48%-1.08%8.5%6.13%16.13%-
Gross Profit332312217195183177179165155133
Operating Income15313387.9471.9967.3855.7866.9954.6049.9532.57
Net Income11610153.2148.2545.3638.2044.4236.5534.1023.52
Shares Outstanding35.6335.5223.9923.8924.3625.0424.9924.9024.0824.01
Earnings Per Share3.252.822.202.001.841.521.771.481.411.05
EPS Growth15.25%28.18%10%8.7%21.05%-14.12%19.59%4.96%34.29%-
Dividend Per Share1.181.101.040.980.900.760.640.480.340.04
Dividend Growth7.27%5.77%6.12%8.89%18.42%18.75%33.33%41.18%750%-
Operating Cash Flow99.9414869.4290.5051.1853.6696.1452.7967.7156.65
Capital Expenditures-5.15-10.40-7.44-5.80-8.57-8.56-2.37-4.38-4.00-3.65
Free Cash Flow94.8013761.9884.7042.6145.1093.7848.4163.7153.00
Cash & Equivalents14610111313472.8896.2274.4386.4172.3163.12
Total Debt9371,213885945829764704527584537
Net Cash / Debt-791-1,112-773-811-756-668-629-441-512-474
Assets8,6298,2435,4475,0914,6554,3974,1063,9553,7113,519
Liabilities7,4967,1754,8834,5584,1313,8753,6073,4723,2653,112
Book Value1,1331,068564534524522499484446408
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Sandy Spring Bancorp, Inc.
Country United States
Employees 932
CEO Daniel J. Schrider

Stock Information

Ticker Symbol SASR
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: SASR
IPO Date April 17, 1996

Description

Sandy Spring Bancorp 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 central Maryland, Northern Virginia, and Washington D.C. The company operates in three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment provides financial products and services, including various loan and deposit products. This segment accepts deposits, such as demand, money market savings, regular savings, and time deposits. Its loan products include residential real estate loans; commercial real estate loans, commercial construction loans, and other commercial loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities. The Investment Management segment provides investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. The company also provides equipment leasing, personal trust, and wealth management services. It serves customers through a network of 50 community offices and six financial centers. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.