Sandy Spring Bancorp, Inc. (SASR)

NASDAQ: SASR · IEX Real-Time Price · USD
42.30
+0.03 (0.07%)
Aug 18, 2022 4:00 PM EDT - Market closed
0.07%
Market Cap 1.89B
Revenue (ttm) 524.01M
Net Income (ttm) 201.12M
Shares Out 44.64M
EPS (ttm) 4.38
PE Ratio 9.66
Forward PE 10.10
Dividend $1.34 (3.17%)
Ex-Dividend Date Aug 9, 2022
Volume 58,888
Open 42.31
Previous Close 42.27
Day's Range 42.06 - 42.43
52-Week Range 36.84 - 52.04
Beta 1.00
Analysts Buy
Price Target 52.36 (+23.8%)
Earnings Date Jul 21, 2022

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. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real es... [Read more...]

Industry Banks
IPO Date Apr 17, 1996
Employees 1,084
Stock Exchange NASDAQ
Ticker Symbol SASR
Full Company Profile

Financial Performance

In 2021, SASR's revenue was $572.13 million, an increase of 50.48% compared to the previous year's $380.21 million. Earnings were $235.11 million, an increase of 142.50%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SASR stock is "Buy." The 12-month stock price forecast is 52.36, which is an increase of 23.78% from the latest price.

Price Target
$52.36
(23.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Best Momentum Stocks to Buy for July 29th

CHCO, SASR, and FIBK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 29, 2022.

Other symbols: CHCOFIBK

Sandy Spring Bancorp Declares Quarterly Dividend

OLNEY, Md., July 28, 2022 (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 stock...

Sandy Spring Bancorp (SASR) Q2 Earnings Miss Estimates

Sandy Spring Bancorp (SASR) delivered earnings and revenue surprises of -2.06% and 12.69%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sandy Spring Bancorp Reports Quarterly Earnings of $54.8 Million

Company Generates 17% Year over Year Organic Loan Growth Company Generates 17% Year over Year Organic Loan Growth

Earnings Preview: Sandy Spring Bancorp (SASR) Q2 Earnings Expected to Decline

Sandy Spring Bancorp (SASR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sandy Spring Bancorp, Inc. to Webcast Second Quarter Earnings Conference Call on July 21, 2022

OLNEY, Md., July 07, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its second quarter earnings on Thursday, July 21, 2022. The company will hold a conference call that...

Sandy Spring Bancorp Sells Insurance Business

Bank Will Now Offer Insurance Through Hub International Bank Will Now Offer Insurance Through Hub International

Sandy Spring Bank Names Aaron Kaslow Chief Administrative Officer

Executive Vice President Assumes Expanded Leadership Role Executive Vice President Assumes Expanded Leadership Role

Sandy Spring Bank Appoints Sherman Moore as New Division Executive of Sandy Spring Private Client Group

OLNEY, Md., May 25, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bank announced today the promotion of Sherman W. Moore to Division Executive of the Sandy Spring Private Client Group. In this role, Moore will ...

Sandy Spring Bancorp (SASR) Beats Q1 Earnings Estimates

Sandy Spring Bancorp (SASR) delivered earnings and revenue surprises of 7.61% and 3.77%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sandy Spring Bancorp Reports First Quarter Earnings of $43.9 Million

Company Reports Strong Deposit and Loan Growth Company Reports Strong Deposit and Loan Growth

Analysts Estimate Sandy Spring Bancorp (SASR) to Report a Decline in Earnings: What to Look Out for

Sandy Spring Bancorp (SASR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 21, 2022

OLNEY, Md., April 07, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its first quarter earnings on Thursday, April 21, 2022. The company will hold a conference call tha...

Sandy Spring Bank Named the Fifth Best Bank in the Country in S&P Global Market Intelligence's Annual Rankings

Sandy Spring Bank Earns Top Ranking for Financial Performance Sandy Spring Bank Earns Top Ranking for Financial Performance

Sandy Spring Bancorp Announces Pricing of $200 Million Subordinated Debt Offering

OLNEY, Md., March 15, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (NASDAQ- SASR) (“Sandy Spring Bancorp” or the “Company”), the holding company for Sandy Spring Bank (the “Bank”), today announce...

Sandy Spring Bank Named Top Bank by Forbes

OLNEY, Md., March 03, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bank has been named a top five bank by Forbes on its 2022 America's Best Banks list. This is the second consecutive year that the Bank made th...

Sandy Spring Bancorp Increases Quarterly Dividend

OLNEY, Md., Jan. 27, 2022 (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 stock...

Sandy Spring Bancorp (SASR) Q4 Earnings and Revenues Lag Estimates

Sandy Spring Bancorp (SASR) delivered earnings and revenue surprises of -4.55% and 2.94%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sandy Spring Bancorp Reports Record Annual Earnings of $235.1 Million

Company Achieves Record Loan Production in the Fourth Quarter Company Achieves Record Loan Production in the Fourth Quarter

Sandy Spring Bancorp (SASR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Sandy Spring Bancorp (SASR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Regional banks offer more upside potential this year, says Hennion & Walsh's Mahn

Kevin Mahn, Hennion & Walsh, joins 'The Exchange' to discuss the stocks he thinks will do best in the current rate environment.

Other symbols: HBNCWASH

Recap: Sandy Spring Bancorp Q3 Earnings

Sandy Spring Bancorp (NASDAQ:SASR) reported its Q3 earnings results on Thursday, October 21, 2021 at 07:00 AM. Here's what investors need to know about the announcement.

Sandy Spring Bancorp (SASR) Beats Q3 Earnings and Revenue Estimates

Sandy Spring Bancorp (SASR) delivered earnings and revenue surprises of 2.80% and 0.18%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Sandy Spring Bancorp Reports $57.0 Million In Quarterly Earnings

Earnings Performance Remains Strong Earnings Performance Remains Strong

Sandy Spring Bancorp (SASR) Reports Next Week: Wall Street Expects Earnings Growth

Sandy Spring Bancorp (SASR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.