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.
Sandy Spring Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$47.32|
|52 Week High||US$23.80|
|52 Week Low||US$48.26|
|1 Month Change||11.08%|
|3 Month Change||11.71%|
|1 Year Change||90.08%|
|3 Year Change||27.96%|
|5 Year Change||51.86%|
|Change since IPO||305.60%|
Recent News & Updates
Should You Be Adding Sandy Spring Bancorp (NASDAQ:SASR) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|SASR||US Banks||US Market|
Return vs Industry: SASR exceeded the US Banks industry which returned 74.7% over the past year.
Return vs Market: SASR exceeded the US Market which returned 27.6% over the past year.
Stable Share Price: SASR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SASR's weekly volatility (4%) has been stable over the past year.
About the Company
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. The company 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.
Sandy Spring Bancorp Fundamentals Summary
|SASR fundamental statistics|
Is SASR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SASR income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 21, 2021
|Earnings per share (EPS)||4.94|
|Net Profit Margin||41.39%|
How did SASR perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Sandy Spring Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SASR ($47.32) is trading below our estimate of fair value ($66.15)
Significantly Below Fair Value: SASR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SASR is good value based on its PE Ratio (9.6x) compared to the US Banks industry average (11.3x).
PE vs Market: SASR is good value based on its PE Ratio (9.6x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: SASR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SASR is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.1x).
How is Sandy Spring Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SASR's earnings are forecast to decline over the next 3 years (-14.1% per year).
Earnings vs Market: SASR's earnings are forecast to decline over the next 3 years (-14.1% per year).
High Growth Earnings: SASR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SASR's revenue (0.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: SASR's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SASR's Return on Equity is forecast to be low in 3 years time (12.3%).
How has Sandy Spring Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SASR has high quality earnings.
Growing Profit Margin: SASR's current net profit margins (41.4%) are higher than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: SASR's earnings have grown significantly by 24.4% per year over the past 5 years.
Accelerating Growth: SASR's earnings growth over the past year (337.3%) exceeds its 5-year average (24.4% per year).
Earnings vs Industry: SASR earnings growth over the past year (337.3%) exceeded the Banks industry 36%.
Return on Equity
High ROE: SASR's Return on Equity (15%) is considered low.
How is Sandy Spring Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SASR's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: SASR has a sufficient allowance for bad loans (131%).
Low Risk Liabilities: 96% of SASR's liabilities are made up of primarily low risk sources of funding.
Loan Level: SASR has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: SASR's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: SASR has an appropriate level of bad loans (0.9%).
What is Sandy Spring Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SASR's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: SASR's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: SASR's dividends per share have been stable in the past 10 years.
Growing Dividend: SASR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.3%), SASR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SASR's dividends in 3 years are forecast to be well covered by earnings (33.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Schrider (57 yo)
Mr. Daniel J. Schrider, also known as Dan, has been the President and Chief Executive Officer at Sandy Spring Bancorp Inc. and Sandy Spring Bank, Inc. since March 26, 2008 and January 1, 2009 respectively...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD2.38M) is below average for companies of similar size in the US market ($USD3.56M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
Experienced Management: SASR's management team is seasoned and experienced (7.9 years average tenure).
Experienced Board: SASR's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sandy Spring Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Sandy Spring Bancorp, Inc.
- Ticker: SASR
- Exchange: NasdaqGS
- Founded: 1868
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.235b
- Shares outstanding: 47.23m
- Website: https://www.sandyspringbank.com
Number of Employees
- Sandy Spring Bancorp, Inc.
- 17801 Georgia Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 22:26|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.