Sandy Spring Bancorp, Inc. (SASR)
27.95
+0.35 (1.27%)
Inactive · Last trade price on Mar 31, 2025
Sandy Spring Bancorp Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
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 |
Cash & Equivalents | 30.46 | 116.7 | 6.63 | 420.02 | 60.7 |
Investment Securities | 317.93 | 365.82 | 360.3 | 395.62 | 444.27 |
Trading Asset Securities | 15.36 | 15.87 | 18.6 | 5.88 | 9.18 |
Mortgage-Backed Securities | 1,039 | 973.71 | 1,114 | 1,071 | 904.43 |
Total Investments | 1,373 | 1,355 | 1,493 | 1,472 | 1,358 |
Gross Loans | 11,544 | 11,374 | 11,407 | 9,981 | 10,425 |
Allowance for Loan Losses | -134.4 | -120.87 | -136.24 | -109.15 | -165.37 |
Other Adjustments to Gross Loans | -5.8 | -7 | -10.5 | -14.3 | -24.5 |
Net Loans | 11,404 | 11,246 | 11,260 | 9,858 | 10,235 |
Property, Plant & Equipment | 93.7 | 99.85 | 108.95 | 117.56 | 122.94 |
Goodwill | 309.05 | 363.44 | 363.44 | 370.22 | 370.22 |
Other Intangible Assets | 30.75 | 28.3 | 26.88 | 25.92 | 32.52 |
Loans Held for Sale | 23.47 | 10.84 | 11.71 | 39.41 | 78.29 |
Accrued Interest Receivable | 45.63 | 46.58 | 41.17 | 34.35 | 46.43 |
Restricted Cash | 488.5 | 429.2 | 185.6 | - | 236.3 |
Other Real Estate Owned & Foreclosed | 3.27 | - | 0.65 | 1.03 | 1.46 |
Other Long-Term Assets | 304.83 | 295.95 | 304.7 | 245.42 | 230.11 |
Total Assets | 14,127 | 14,028 | 13,833 | 12,591 | 12,798 |
Liabilities
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 Bearing Deposits | 8,200 | 7,436 | 6,807 | 6,465 | 6,230 |
Institutional Deposits | 740.3 | 646.3 | 473.62 | 380.4 | 477.03 |
Non-Interest Bearing Deposits | 2,805 | 2,914 | 3,673 | 3,780 | 3,326 |
Total Deposits | 11,746 | 10,997 | 10,953 | 10,625 | 10,033 |
Short-Term Borrowings | 84.28 | 90.9 | 340.56 | 146.97 | 552.34 |
Current Portion of Long-Term Debt | 150 | 250 | 350 | - | 230.24 |
Current Portion of Leases | 11.09 | - | - | - | - |
Accrued Interest Payable | 16.57 | 30.37 | 10.87 | 1.52 | 3.25 |
Long-Term Debt | 371.4 | 670.8 | 370.21 | 172.71 | 227.09 |
Federal Home Loan Bank Debt, Long-Term | 100 | 300 | 200 | - | 148.83 |
Long-Term Leases | 33.41 | 48.06 | 57.4 | 67.14 | 74.98 |
Other Long-Term Liabilities | 57.06 | 53.37 | 66.89 | 57.98 | 58.67 |
Total Liabilities | 12,569 | 12,440 | 12,349 | 11,071 | 11,328 |
Shareholders' Equity
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 |
Common Stock | 45.14 | 44.91 | 44.66 | 45.12 | 47.06 |
Additional Paid-In Capital | 748.91 | 742.24 | 734.27 | 751.07 | 846.92 |
Retained Earnings | 856.61 | 898.32 | 836.79 | 732.03 | 557.27 |
Comprehensive Income & Other | -92.65 | -97.33 | -131.95 | -8.54 | 18.71 |
Shareholders' Equity | 1,558 | 1,588 | 1,484 | 1,520 | 1,470 |
Total Liabilities & Equity | 14,127 | 14,028 | 13,833 | 12,591 | 12,798 |
Additional Metrics
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 |
Total Debt | 750.18 | 1,360 | 1,318 | 386.82 | 1,233 |
Net Cash (Debt) | -704.35 | -1,227 | -1,293 | 39.08 | -1,164 |
Net Cash Growth | - | - | - | - | - |
Net Cash Per Share | -15.57 | -27.30 | -28.71 | 0.83 | -26.37 |
Filing Date Shares Outstanding | 45.14 | 44.94 | 44.67 | 45.13 | 47.1 |
Total Common Shares Outstanding | 45.14 | 44.91 | 44.66 | 45.12 | 47.06 |
Book Value Per Share | 34.51 | 35.36 | 33.23 | 33.68 | 31.24 |
Tangible Book Value | 1,218 | 1,196 | 1,093 | 1,124 | 1,067 |
Tangible Book Value Per Share | 26.99 | 26.64 | 24.49 | 24.90 | 22.68 |