Sandy Spring Bancorp Management
Management criteria checks 4/4
Sandy Spring Bancorp's CEO is Dan Schrider, appointed in Mar 2008, has a tenure of 16.75 years. total yearly compensation is $2.09M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $4.72M. The average tenure of the management team and the board of directors is 10.6 years and 10.8 years respectively.
Key information
Dan Schrider
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 41.9% |
| CEO tenure | 16.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 10.6yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
Sandy Spring Bancorp: Not Bad, But There's Better Out There
Sep 16Sandy Spring Bancorp, Inc. Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next
Jul 26
Sandy Spring Bancorp Likely Range-Bound Until Rates Drop
Jun 30Sandy Spring Bancorp (NASDAQ:SASR) Will Pay A Dividend Of $0.34
May 05Sandy Spring Bancorp: 26 Years Have Passed, But The Price Per Share Is The Same
Apr 27Sandy Spring Bancorp: Q4 NII And NIM Tumble Again
Jan 26Sandy Spring Bancorp (NASDAQ:SASR) Will Pay A Dividend Of $0.34
Oct 31Sandy Spring Bancorp Non-GAAP EPS of $0.80 misses by $0.19, revenue of $129.84M misses by $1.29M
Oct 20Sandy Spring Bancorp declares $0.34 dividend
Jul 28Sandy Spring Bancorp Non-GAAP EPS of $0.98 beats by $0.04, revenue of $141.2M beats by $12.55M
Jul 21If You Like EPS Growth Then Check Out Sandy Spring Bancorp (NASDAQ:SASR) Before It's Too Late
Jun 14Sandy Spring Bancorp (NASDAQ:SASR) Has Announced That It Will Be Increasing Its Dividend To US$0.34
May 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$85m |
| Jun 30 2024 | n/a | n/a | US$90m |
| Mar 31 2024 | n/a | n/a | US$92m |
| Dec 31 2023 | US$2m | US$875k | US$123m |
| Sep 30 2023 | n/a | n/a | US$130m |
| Jun 30 2023 | n/a | n/a | US$143m |
| Mar 31 2023 | n/a | n/a | US$173m |
| Dec 31 2022 | US$2m | US$867k | US$166m |
| Sep 30 2022 | n/a | n/a | US$177m |
| Jun 30 2022 | n/a | n/a | US$200m |
| Mar 31 2022 | n/a | n/a | US$202m |
| Dec 31 2021 | US$3m | US$842k | US$234m |
| Sep 30 2021 | n/a | n/a | US$245m |
| Jun 30 2021 | n/a | n/a | US$232m |
| Mar 31 2021 | n/a | n/a | US$161m |
| Dec 31 2020 | US$2m | US$805k | US$96m |
| Sep 30 2020 | n/a | n/a | US$68m |
| Jun 30 2020 | n/a | n/a | US$53m |
| Mar 31 2020 | n/a | n/a | US$95m |
| Dec 31 2019 | US$2m | US$743k | US$116m |
| Sep 30 2019 | n/a | n/a | US$113m |
| Jun 30 2019 | n/a | n/a | US$113m |
| Mar 31 2019 | n/a | n/a | US$110m |
| Dec 31 2018 | US$2m | US$694k | US$100m |
| Sep 30 2018 | n/a | n/a | US$84m |
| Jun 30 2018 | n/a | n/a | US$69m |
| Mar 31 2018 | n/a | n/a | US$60m |
| Dec 31 2017 | US$1m | US$605k | US$53m |
Compensation vs Market: Dan's total compensation ($USD2.09M) is below average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
CEO
Dan Schrider (60 yo)
16.8yrs
Tenure
US$2,090,265
Compensation
Mr. Daniel J. Schrider, also known as Dan, has been the President and Chief Executive Officer at Sandy Spring Bancorp Inc. since March 26, 2008 and January 1, 2009 respectively and serves as its Chairman o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 16.8yrs | US$2.09m | 0.31% $ 4.7m | |
| Chief Administrative Officer | 5.4yrs | US$913.88k | 0.026% $ 399.3k | |
| Executive VP & Chief Wealth Officer | 22.9yrs | US$972.37k | 0.11% $ 1.8m | |
| Executive Officer | less than a year | US$935.90k | 0.16% $ 2.5m | |
| Executive VP & Chief Banking Officer | 17.4yrs | US$1.21m | 0.17% $ 2.5m | |
| Executive VP | less than a year | no data | 0.0029% $ 43.7k | |
| Executive VP & COO | no data | no data | 0.052% $ 797.4k | |
| Executive VP & Chief Information Officer | 15.8yrs | no data | 0.063% $ 971.7k | |
| Shareholder Relations Contact | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 3.7yrs | no data | 0.016% $ 239.1k | |
| Executive VP & Chief Risk Officer | no data | US$754.82k | 0.052% $ 793.7k | |
| Executive Vice President of the Consumer Banking Group | no data | no data | 0.047% $ 715.4k |
10.6yrs
Average Tenure
60yo
Average Age
Experienced Management: SASR's management team is seasoned and experienced (10.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.9yrs | US$2.09m | 0.31% $ 4.7m | |
| Independent Director | 5.7yrs | US$121.97k | 0.042% $ 641.2k | |
| Lead Independent Director | 33.9yrs | US$191.97k | 0.38% $ 5.9m | |
| Independent Director | 22.9yrs | US$125.47k | 0.30% $ 4.7m | |
| Independent Director | 12.3yrs | US$132.97k | 0.031% $ 469.7k | |
| Independent Director | 19.3yrs | US$133.75k | 0.11% $ 1.7m | |
| Independent Director | 19.3yrs | US$140.47k | 0.071% $ 1.1m | |
| Independent Director | 9.2yrs | US$119.47k | 0.022% $ 340.2k | |
| Independent Director | 6.9yrs | US$116.10k | 0.065% $ 996.0k | |
| Non-Independent Director | 1.8yrs | US$117.00k | 0.64% $ 9.8m | |
| Independent Director | 4.7yrs | US$120.50k | 0.56% $ 8.7m | |
| Independent Director | 4.7yrs | US$110.50k | 0.11% $ 1.7m |
10.8yrs
Average Tenure
66yo
Average Age
Experienced Board: SASR's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Sandy Spring Bancorp, Inc. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Erik Zwick | Boenning & Scattergood, Inc. |
| Manuel Navas | D.A. Davidson & Co. |