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Sandy Spring Bancorp NasdaqGS:SASR Stock Report

Last Price

US$22.11

Market Cap

US$993.6m

7D

-2.5%

1Y

-32.9%

Updated

24 Feb, 2024

Data

Company Financials +

Sandy Spring Bancorp, Inc.

NasdaqGS:SASR Stock Report

Market Cap: US$993.6m

SASR Stock Overview

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 in Central Maryland, Northern Virginia, and Washington, D.C.

SASR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends6/6

Sandy Spring Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sandy Spring Bancorp
Historical stock prices
Current Share PriceUS$22.11
52 Week HighUS$33.59
52 Week LowUS$19.27
Beta0.96
1 Month Change-14.07%
3 Month Change0.045%
1 Year Change-32.94%
3 Year Change-41.17%
5 Year Change-36.76%
Change since IPO89.51%

Recent News & Updates

Sandy Spring Bancorp: Q4 NII And NIM Tumble Again

Jan 26

Recent updates

Sandy Spring Bancorp: Q4 NII And NIM Tumble Again

Jan 26

Sandy Spring Bancorp (NASDAQ:SASR) Will Pay A Dividend Of $0.34

Oct 31
Sandy Spring Bancorp (NASDAQ:SASR) Will Pay A Dividend Of $0.34

Sandy Spring Bancorp Non-GAAP EPS of $0.80 misses by $0.19, revenue of $129.84M misses by $1.29M

Oct 20

Sandy Spring Bancorp declares $0.34 dividend

Jul 28

Sandy Spring Bancorp Non-GAAP EPS of $0.98 beats by $0.04, revenue of $141.2M beats by $12.55M

Jul 21

If You Like EPS Growth Then Check Out Sandy Spring Bancorp (NASDAQ:SASR) Before It's Too Late

Jun 14
If You Like EPS Growth Then Check Out Sandy Spring Bancorp (NASDAQ:SASR) Before It's Too Late

Sandy Spring Bancorp (NASDAQ:SASR) Has Announced That It Will Be Increasing Its Dividend To US$0.34

May 01
Sandy Spring Bancorp (NASDAQ:SASR) Has Announced That It Will Be Increasing Its Dividend To US$0.34

Sandy Spring Bancorp Carrying Strong Loan Growth Into 2022

Mar 14

Sandy Spring Bancorp (NASDAQ:SASR) Will Pay A Larger Dividend Than Last Year At US$0.34

Jan 30
Sandy Spring Bancorp (NASDAQ:SASR) Will Pay A Larger Dividend Than Last Year At US$0.34

Here's Why We Think Sandy Spring Bancorp (NASDAQ:SASR) Is Well Worth Watching

Jan 13
Here's Why We Think Sandy Spring Bancorp (NASDAQ:SASR) Is Well Worth Watching

Should You Be Adding Sandy Spring Bancorp (NASDAQ:SASR) To Your Watchlist Today?

Sep 13
Should You Be Adding Sandy Spring Bancorp (NASDAQ:SASR) To Your Watchlist Today?

How Does Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Fare As A Dividend Stock?

Apr 06
How Does Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Fare As A Dividend Stock?

The Sandy Spring Bancorp (NASDAQ:SASR) Share Price Is Up 53% And Shareholders Are Holding On

Mar 09
The Sandy Spring Bancorp (NASDAQ:SASR) Share Price Is Up 53% And Shareholders Are Holding On

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Goes Ex-Dividend Soon

Feb 11
Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Goes Ex-Dividend Soon

Shareholder Returns

SASRUS BanksUS Market
7D-2.5%0.7%1.3%
1Y-32.9%4.4%25.6%

Return vs Industry: SASR underperformed the US Banks industry which returned 4.4% over the past year.

Return vs Market: SASR underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is SASR's price volatile compared to industry and market?
SASR volatility
SASR Average Weekly Movement5.6%
Banks Industry Average Movement4.7%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: SASR's share price has been volatile over the past 3 months.

Volatility Over Time: SASR's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18681,098Dan Schriderhttps://www.sandyspringbank.com

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 in Central Maryland, Northern Virginia, and Washington, D.C. It operates in two segments, Community Banking and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products.

Sandy Spring Bancorp, Inc. Fundamentals Summary

How do Sandy Spring Bancorp's earnings and revenue compare to its market cap?
SASR fundamental statistics
Market capUS$993.63m
Earnings (TTM)US$122.62m
Revenue (TTM)US$439.19m

8.1x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SASR income statement (TTM)
RevenueUS$439.19m
Cost of RevenueUS$0
Gross ProfitUS$439.19m
Other ExpensesUS$316.57m
EarningsUS$122.62m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.73
Gross Margin100.00%
Net Profit Margin27.92%
Debt/Equity Ratio82.6%

How did SASR perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

50%

Payout Ratio
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