22.53

0.85% +0.21

Sandy Spring Bancorp (SASR)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Sandy Spring Bancorp stock is currently priced at $22.53, with a 24-hour trading volume of 25,057. It has seen a +0.85% increased in the last 24 hours and a +3.26% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $22.01 pivot point. If it approaches the $22.66 resistance level, significant changes may occur.

Previous Close:

$22.32

Open:

$22.38

24h Volume:

25,057

Market Cap:

$1.01B

Revenue:

$403.79M

Net Income/Loss:

$122.84M

P/E Ratio:

7.7423

EPS:

2.91

Net Cash Flow:

$123.83M

1W Performance:

+3.64%

1M Performance:

+3.26%

6M Performance:

+7.91%

1Y Performance:

+10.13%

1D Range:

$22.05

$22.54

52W Range:

$19.27

$27.90

Sandy Spring Bancorp Stock (SASR) Company Profile

Name

Sandy Spring Bancorp

Sector

Financial (4573)

Industry

Banks - Regional (374)

Phone

301-774-6400

Address

17801 Georgia Avenue, Olney, MD

Employee

921

Twitter

@sandyspringbank

Next Earnings Date

2024-05-22

Latest SEC Filings

SASR's Discussions on Twitter

Sandy Spring Bancorp Stock (SASR) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Mar-01-24	Initiated	Janney	Neutral
Oct-02-23	Downgrade	DA Davidson	Buy → Neutral
Apr-04-23	Initiated	Stephens	Equal-Weight
Dec-05-22	Resumed	Piper Sandler	Neutral
Apr-22-22	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Mar-22-22	Initiated	DA Davidson	Buy
Jan-25-21	Upgrade	Piper Sandler	Neutral → Overweight
Dec-09-20	Downgrade	Gabelli & Co	Buy → Hold
Aug-03-20	Resumed	Piper Sandler	Neutral
Jun-30-20	Resumed	Stephens	Equal-Weight
Sep-26-19	Upgrade	Sandler O'Neill	Hold → Buy
Jan-18-19	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Jan-18-19	Downgrade	Sandler O'Neill	Buy → Hold
Nov-19-18	Upgrade	Boenning & Scattergood	Neutral → Outperform
Oct-19-18	Upgrade	Robert W. Baird	Neutral → Outperform
Jun-26-18	Upgrade	Sandler O'Neill	Hold → Buy
Apr-24-18	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Feb-22-18	Upgrade	Stephens	Equal-Weight → Overweight
Jan-08-18	Initiated	Gabelli & Co	Buy
Jun-24-15	Initiated	Drexel Hamilton	Hold
Apr-17-15	Downgrade	Robert W. Baird	Outperform → Neutral
Jul-18-14	Upgrade	Robert W. Baird	Neutral → Outperform
Jun-06-12	Reiterated	Robert W. Baird	Neutral
Nov-30-10	Reiterated	FBR Capital	Mkt Perform
Jul-16-10	Initiated	Boenning & Scattergood	Neutral
Mar-01-10	Downgrade	Robert W. Baird	Outperform → Neutral
Jan-29-10	Upgrade	Janney Mntgmy Scott	Neutral → Buy

View All

Sandy Spring Bancorp Stock (SASR) Latest News

Sandy Spring Bancorp Declares Quarterly Dividend

GlobeNewswire Inc.

Compared to Estimates, Sandy Spring Bancorp (SASR) Q1 Earnings: A Look at Key Metrics

Zacks Investment Research

Sandy Spring Bancorp (SASR) Q1 Earnings and Revenues Top Estimates

Zacks Investment Research

TrustCo Bank (TRST) Surpasses Q1 Earnings Estimates

Zacks Investment Research

Sandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 23, 2024

GlobeNewswire Inc.

Sandy Spring Bank Senior Vice President Elected President of Mortgage Trade Association

GlobeNewswire Inc.

Sandy Spring Bancorp Stock (SASR) Financials Data

Sandy Spring Bancorp (SASR) Revenue 2024

SASR reported a revenue (TTM) of $403.79 million for the quarter ending March 31, 2024, a -17.00% decline year-over-year.

Sandy Spring Bancorp (SASR) Net Income 2024

SASR net income (TTM) was $122.84 million for the quarter ending December 31, 2023, a -26.13% decrease year-over-year.

Sandy Spring Bancorp (SASR) Cash Flow 2024

SASR recorded a free cash flow (TTM) of $123.83 million for the quarter ending December 31, 2023, a -38.62% decrease year-over-year.

Sandy Spring Bancorp (SASR) Earnings per Share 2024

SASR earnings per share (TTM) was $2.04 for the quarter ending March 31, 2024, a -47.15% decline year-over-year.

Sandy Spring Bancorp Stock (SASR) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
Cook Kenneth C	Director	Sep 12 '23	Option Exercise	10.96	5,934	65,037	269,636
RUPPERT CRAIG A	Director	Aug 07 '23	Buy	24.86	12,200	303,236	101,988
Cook Kenneth C	Director	Aug 02 '23	Option Exercise	10.96	9,933	108,866	263,702

Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D.C. markets. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment provides financial products and services, including various loan and deposit products to individuals and businesses. Its deposit products include demand, money market savings, regular savings, and time deposits. This segment's loan portfolio comprises 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 comprehensive investment management and financial planning to individuals, families, small businesses, and associations, including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning. The company also provides mortgage banking, equipment leasing, personal trust, and wealth management services. As of December 31, 2017, it operated 42 community offices and 6 financial centers. The company was founded in 1868 and is headquartered in Olney, Maryland.