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Sandy Spring Bancorp, Inc. (SASR)

Stock Price: $22.60 USD -0.10 (-0.44%)
Updated Aug 4, 2020 10:26 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 1.06B
Revenue (ttm) 290.18M
Net Income (ttm) 96.10M
Shares Out 47.00M
EPS (ttm) 1.40
PE Ratio 16.14
Forward PE 10.36
Dividend $1.20
Dividend Yield 5.31%

Stock Quote

Trading Day Aug 4, 2020
Last Price $22.60
Previous Close $22.70
Change ($) -0.10
Change (%) -0.44%
Day's Open 22.62
Day's Range 22.57 - 22.73
Day's Volume 28,793
52-Week Range 18.00 - 38.45

More Stats

Market Cap 1.06B
Enterprise Value 1.88B
Earnings Date (est) Oct 15, 2020
Ex-Dividend Date May 12, 2020
Shares Outstanding 47.00M
Float 45.62M
EPS (basic) 2.69
EPS (diluted) 1.40
FCF / Share 2.32
Dividend $1.20
Dividend Yield 5.31%
Earnings Yield 6.19%
FCF Yield 7.61%
Payout Ratio 44.60%
Shares Short 1.52M
Short Ratio 3.95
Short % of Float 3.03%
Beta 1.12
PE Ratio 16.14
Forward PE 10.36
P/FCF Ratio 13.14
PS Ratio 3.66
PB Ratio 0.78
Revenue 290.18M
Operating Income 123.49M
Net Income 96.10M
Free Cash Flow 80.86M
Net Cash -817.30M
Net Cash / Share -17.39
Gross Margin 114.19%
Operating Margin 42.56%
Profit Margin 31.40%
FCF Margin 27.87%
ROA 0.49%
ROE 4.26%
ROIC 1.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 3
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$28.33*
(25.35% upside)
Low
26.0
Current: $22.60
High
30.0
Target: 28.33
*Average 12-month price target from 3 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, 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 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.