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Last $27.19 USD
Change Today -0.21 / -0.77%
Volume 22.3K
SASR On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:20 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

sandy spring bancorp inc (SASR) Snapshot

Open
$27.46
Previous Close
$27.40
Day High
$27.46
Day Low
$26.94
52 Week High
07/15/15 - $28.87
52 Week Low
10/7/14 - $22.56
Market Cap
670.8M
Average Volume 10 Days
36.7K
EPS TTM
$1.70
Shares Outstanding
24.7M
EX-Date
05/11/15
P/E TM
16.0x
Dividend
$0.88
Dividend Yield
3.09%
Current Stock Chart for SANDY SPRING BANCORP INC (SASR)

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sandy spring bancorp inc (SASR) Details

Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking services to individuals and businesses in central Maryland and Northern Virginia. It operates through three segments: Community Banking, Insurance, and Investment Management. The company’s deposit products include demand, money market savings, regular savings, and time deposits. Its loan portfolio comprises residential real estate loans; commercial real estate loans, commercial construction loans, leases, and other commercial loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The company also provides general insurance agency and personal trust services, as well as investment management and financial planning services, including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. As of May 21, 2015, it operated 44 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, as well as Arlington, Fairfax and Loudoun counties in Virginia. The company was founded in 1868 and is headquartered in Olney, Maryland.

727 Employees
Last Reported Date: 03/6/15
Founded in 1868

sandy spring bancorp inc (SASR) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $555.5K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $306.6K
Executive Vice President of Wealth Management...
Total Annual Compensation: $309.1K
Executive Vice President, General Counsel, Se...
Total Annual Compensation: $258.1K
Executive Vice President of Commercial and Re...
Total Annual Compensation: $330.8K
Compensation as of Fiscal Year 2014.

sandy spring bancorp inc (SASR) Key Developments

Sandy Spring Bancorp Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Sandy Spring Bancorp Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company’s total interest income was $38.849 million against $36.991 million a year ago. Net interest income was $33.933 million against $32.309 million a year ago. Net interest income after provision (credit) for loan and lease losses was $32.715 million against $32.151 million a year ago. Income before income taxes was $15.347 million against $9.704 million a year ago. Net income was $10.333 million or $0.42 per basic and diluted share against $6.982 million or $0.28 per basic and diluted share a year ago. Return on average assets was 0.93% against 0.67% a year ago. Return on average common equity was 8.02% against 5.47% a year ago. Pre-tax pre-provision income was $16.727 million against $15.990 million a year ago. For the six months, the company’s total interest income was $76.921 million against $73.241 million a year ago. Net interest income was $67.306 million against $63.901 million a year ago. Net interest income after provision (credit) for loan and lease losses was $65.491 million against $64.725 million a year ago. Income before income taxes was $32.038 million against $25.978 million a year ago. Net income was $21.558 million or $0.87 per basic and diluted share against $17.910 million or $0.71 per diluted share a year ago. Net interest income for the first six months of 2015 increased 5% compared to the first six months of 2014 due primarily to an increase in average loans. Return on average assets was 0.99% against 0.87% a year ago. Return on average common equity was 8.37% against 7.11% a year ago. Pre-tax pre-provision income was $34.215 million against $31.282 million a year ago. Book value per share was $21.12 against $20.63 at June 30, 2014. Tangible book value per share was $17.71 against $17.04 at June 30, 2014.

Sandy Spring Bancorp Inc. to Report Q2, 2015 Results on Jul 16, 2015

Sandy Spring Bancorp Inc. announced that they will report Q2, 2015 results at 2:00 PM, US Eastern Standard Time on Jul 16, 2015

Sandy Spring Bancorp Inc., Q2 2015 Earnings Call, Jul 16, 2015

Sandy Spring Bancorp Inc., Q2 2015 Earnings Call, Jul 16, 2015

 

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SASR:US $27.19 USD -0.21

SASR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cardinal Financial Corp $22.74 USD -0.16
City Holding Co $48.72 USD +0.09
Community Trust Bancorp Inc $34.99 USD -0.21
Flushing Financial Corp $20.61 USD -0.24
United Financial Bancorp Inc $13.40 USD -0.10
View Industry Companies
 

Industry Analysis

SASR

Industry Average

Valuation SASR Industry Range
Price/Earnings 16.4x
Price/Sales 3.7x
Price/Book 1.3x
Price/Cash Flow 16.1x
TEV/Sales NM Not Meaningful
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