Sandy Spring Bancorp, Inc. (SASR)
27.95
+0.35 (1.27%)
Inactive · Last trade price on Mar 31, 2025
Sandy Spring Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Interest Income on Loans | 610.64 | 580.86 | 462.86 | 424.89 | 395.16 |
Interest Income on Investments | 61.63 | 56.67 | 32.81 | 25.4 | 28.4 |
Total Interest Income | 672.27 | 637.52 | 495.67 | 450.28 | 423.56 |
Interest Paid on Deposits | 303.17 | 225.03 | 43.85 | 15.02 | 41.65 |
Interest Paid on Borrowings | 41.97 | 57.95 | 24.81 | 10.74 | 18.75 |
Total Interest Expense | 345.15 | 282.97 | 68.66 | 25.77 | 60.4 |
Net Interest Income | 327.13 | 354.55 | 427 | 424.52 | 363.16 |
Net Interest Income Growth (YoY) | -7.74% | -16.97% | 0.59% | 16.90% | 36.88% |
Trust Income | 42.07 | 36.63 | 35.77 | 36.84 | 30.57 |
Mortgage Banking Activities | 5.62 | 5.54 | 6.13 | 24.51 | 40.06 |
Gain (Loss) on Sale of Assets | - | - | 16.52 | - | - |
Gain (Loss) on Sale of Investments | - | - | -0.35 | 0.21 | 0.47 |
Other Non-Interest Income | 19.87 | 14.46 | 19.14 | 32.25 | 24.56 |
Total Non-Interest Income | 79.32 | 67.08 | 87.02 | 102.06 | 102.72 |
Non-Interest Income Growth (YoY) | 18.24% | -22.92% | -14.73% | -0.64% | 45.24% |
Revenues Before Loan Losses | 406.44 | 421.63 | 514.02 | 526.57 | 465.88 |
Provision for Loan Losses | 14.19 | -17.56 | 34.37 | -45.56 | 85.67 |
| 392.25 | 439.19 | 479.65 | 572.13 | 380.21 | |
Revenue Growth (YoY) | -10.69% | -8.44% | -16.16% | 50.48% | 14.75% |
Salaries and Employee Benefits | 150.81 | 152.56 | 150.62 | 150.53 | 130.62 |
Federal Deposit Insurance | 11.4 | 9.46 | 4.79 | 4.29 | 4.73 |
Amortization of Goodwill & Intangibles | 9.13 | 5.22 | 5.81 | 6.6 | 6.22 |
Selling, General & Administrative | 83.19 | 76.36 | 66.49 | 64.61 | 58.44 |
Other Non-Interest Expense | 30.21 | 31.45 | 28.52 | 25.28 | 24.68 |
Total Non-Interest Expense | 284.73 | 275.05 | 256.23 | 251.31 | 224.68 |
EBT Excluding Unusual Items | 107.52 | 164.14 | 223.43 | 320.82 | 155.53 |
Other Unusual Items | - | - | - | -9.12 | -5.93 |
Pretax Income | 48.96 | 164.14 | 222.36 | 311.66 | 124.42 |
Income Tax Expense | 29.03 | 41.29 | 56.06 | 76.55 | 27.47 |
Net Income | 19.94 | 122.84 | 166.3 | 235.11 | 96.95 |
Preferred Dividends & Other Adjustments | 0.03 | 0.22 | 0.68 | 1.51 | 0.78 |
Net Income to Common | 19.9 | 122.62 | 165.62 | 233.6 | 96.17 |
Net Income Growth | -83.77% | -26.13% | -29.27% | 142.50% | -16.73% |
Basic Shares Outstanding | 45 | 45 | 45 | 47 | 44 |
Diluted Shares Outstanding | 45 | 45 | 45 | 47 | 44 |
Shares Change (YoY) | 0.62% | -0.20% | -3.97% | 6.27% | 23.91% |
EPS (Basic) | 0.44 | 2.74 | 3.69 | 5.00 | 2.19 |
EPS (Diluted) | 0.44 | 2.73 | 3.68 | 4.98 | 2.18 |
EPS Growth | -83.88% | -25.81% | -26.10% | 128.44% | -32.92% |
Dividend Per Share | 1.360 | 1.360 | 1.360 | 1.280 | 1.200 |
Dividend Growth | - | - | 6.25% | 6.67% | 1.70% |
Effective Tax Rate | 59.28% | 25.16% | 25.21% | 24.56% | 22.08% |
Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.