Sandy Spring Bancorp Company Profile (NASDAQ:SASR)

About Sandy Spring Bancorp

Sandy Spring Bancorp logoSandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three business segments Community Banking, Insurance and Investment Management. Its Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services, Inc., a subsidiary of the Bank, which provides investment management and financial planning services. Its product portfolio includes loan and lease products, deposit activities, treasury activities and borrowing activities. The Bank operates over 45 community offices located in Central Maryland, Northern Virginia, and Washington D.C.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SASR
  • CUSIP: 80036310
Key Metrics:
  • Previous Close: $30.02
  • 50 Day Moving Average: $30.75
  • 200 Day Moving Average: $29.18
  • 52-Week Range: $24.17 - $31.70
  • Trailing P/E Ratio: 16.13
  • Foreward P/E Ratio: 15.09
  • P/E Growth: 2.04
  • Market Cap: $716.79M
  • Outstanding Shares: 23,877,000
  • Beta: 0.98
Profitability:
  • Net Margins: 20.99%
  • Return on Equity: 9.16%
  • Return on Assets: 1.03%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to Sandy Spring Bancorp:

Analyst Ratings

Consensus Ratings for Sandy Spring Bancorp (NASDAQ:SASR) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $27.50 (8.39% downside)

Analysts' Ratings History for Sandy Spring Bancorp (NASDAQ:SASR)
Show:
DateFirmActionRatingPrice TargetDetails
1/27/2016SunTrust Banks Inc.Lower Price TargetNeutral$28.00 -> $27.00View Rating Details
10/23/2015Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$27.00 -> $28.00View Rating Details
6/24/2015Drexel HamiltonInitiated CoverageHoldView Rating Details
4/17/2015Robert W. BairdDowngradeOutperform -> Neutral$27.00 -> $28.00View Rating Details
4/2/2015Raymond James Financial Inc.DowngradeOutperform -> Market Perform$27.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Sandy Spring Bancorp (NASDAQ:SASR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/21/2016Q216$0.45$0.44$37.93 millionViewListenView Earnings Details
4/21/2016Q116$0.45$0.45$36.78 millionViewListenView Earnings Details
1/21/2016Q415$0.45$0.52$39.09 millionViewListenView Earnings Details
10/22/2015Q315$0.46$0.45$37.95 millionViewListenView Earnings Details
7/16/2015Q215$0.44$0.42$34.88 millionViewListenView Earnings Details
4/16/2015Q115$0.41$0.45$34.02 millionViewN/AView Earnings Details
1/22/2015Q414$0.43$0.36$33.70 millionViewN/AView Earnings Details
10/16/2014Q314$0.44$0.44$34.10 millionViewListenView Earnings Details
7/17/2014Q214$0.39$0.28$33.10 millionViewN/AView Earnings Details
4/17/2014Q114$0.39$0.43$32.80 millionViewN/AView Earnings Details
1/22/2014Q413$0.42$0.38$32.79 millionViewN/AView Earnings Details
10/17/2013Q313$0.42$0.48$32.70 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.39$0.49$32.40 millionViewN/AView Earnings Details
4/18/2013Q1 2013$0.37$0.42$31.34 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.40$0.40$32.29 millionViewN/AView Earnings Details
10/18/2012$0.36$0.44ViewN/AView Earnings Details
7/19/2012$0.32$0.30ViewN/AView Earnings Details
4/19/2012$0.33$0.35ViewN/AView Earnings Details
1/26/2012$0.34$0.30ViewN/AView Earnings Details
10/20/2011$0.34$0.47ViewN/AView Earnings Details
7/21/2011$0.33$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sandy Spring Bancorp (NASDAQ:SASR)
Current Year EPS Consensus Estimate: $1.86 EPS
Next Year EPS Consensus Estimate: $1.99 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.44$0.46$0.45
Q2 20162$0.45$0.45$0.45
Q3 20162$0.47$0.50$0.49
Q4 20161$0.51$0.51$0.51
Q1 20171$0.47$0.47$0.47
Q2 20171$0.48$0.48$0.48
Q3 20171$0.53$0.53$0.53
Q4 20171$0.53$0.53$0.53
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sandy Spring Bancorp (NASDAQ:SASR)
Annual Dividend:$0.96
Dividend Yield:3.20%
Payout Ratio:51.61% (Based on Trailing 12 Months of Earnings)
51.61% (Based on Current Year Consensus EPS Estimate)
48.24% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sandy Spring Bancorp (NASDAQ:SASR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/29/2016quarterly$0.243.22%8/8/20168/10/20168/17/2016
4/29/2016quarterly$0.243.36%5/9/20165/11/20165/18/2016
1/29/2016quarterly$0.243.61%2/8/20162/10/20162/17/2016
10/30/2015quarterly$0.243.49%11/6/201511/11/201511/18/2015
7/30/2015quarterly$0.223.23%8/10/20158/12/20158/19/2015
5/1/2015quarterly$0.223.38%5/11/20155/13/20155/20/2015
1/30/2015quarterly$0.223.56%2/9/20152/11/20152/18/2015
10/30/2014quarterly$0.203.1%11/10/201411/12/201411/19/2014
7/31/2014quarterly$0.203.44%8/11/20148/13/20148/20/2014
5/1/2014quarterly$0.183.05%5/12/20145/14/20145/21/2014
1/30/2014quarterly$0.182.88%2/10/20142/12/20142/19/2014
10/31/2013quarterly$0.182.94%11/8/201311/13/201311/20/2013
8/1/2013quarterly$0.162.58%8/12/20138/14/20138/21/2013
4/25/2013quarterly$0.163.17%5/6/20135/8/20135/15/2013
1/31/2013quarterly$0.142.77%2/11/20132/13/20132/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sandy Spring Bancorp (NASDAQ:SASR)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 65.61%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/31/2016James J MaiwurmDirectorBuy258$29.04$7,492.32View SEC Filing  
5/14/2015Ronda M McdowellEVPSell1,781$26.21$46,680.01View SEC Filing  
8/1/2014Mark E FriisDirectorBuy2,500$23.17$57,925.00View SEC Filing  
11/12/2012Mei XuDirectorBuy1,000$17.86$17,860.00View SEC Filing  
11/1/2012Robert E Jr. HenelDirectorBuy1,440$19.15$27,576.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Sandy Spring Bancorp (NASDAQ:SASR)
DateHeadline
4-traders.com logoSandy Spring Bancorp : A statement from Daniel J. Schrider, President and CEO of Sandy Spring Bank, regarding Forbes recognition (NASDAQ:SASR)
www.4-traders.com - September 27 at 7:02 PM
publicnow.com logoA statement from Daniel J. Schrider, President and CEO of Sandy Spring Bank, regarding Forbes recognition (NASDAQ:SASR)
www.publicnow.com - September 27 at 7:02 PM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : September 27, 2016 (NASDAQ:SASR)
www.capitalcube.com - September 27 at 11:49 AM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : September 15, 2016 (NASDAQ:SASR)
www.capitalcube.com - September 15 at 10:48 AM
4-traders.com logoSANDY SPRING BANCORP INC. : ex-dividend day (NASDAQ:SASR)
www.4-traders.com - August 8 at 7:32 PM
News IconSandy Spring Insurance Acquires The Advantage Group in Maryland (NASDAQ:SASR)
www.insurancejournal.com - August 4 at 7:44 PM
twst.com logoSandy Spring Bancorp Inc.: Sandy Spring Insurance Expands Team, Capabilities and Geographic Reach (NASDAQ:SASR)
www.twst.com - August 4 at 10:30 AM
publicnow.com logoSandy Spring Insurance Expands Team, Capabilities and Geographic Reach (NASDAQ:SASR)
www.publicnow.com - August 4 at 10:30 AM
publicnow.com logoCORRECTING and REPLACING -- Sandy Spring Bancorp Declares Quarterly Dividend of $0.24 Per Share (NASDAQ:SASR)
www.publicnow.com - July 28 at 9:58 AM
capitalcube.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:SASR)
www.capitalcube.com - July 26 at 10:31 AM
4-traders.com logoSandy Spring Bancorp : Reports Net Income of $10.6 Million for the Second Quarter (NASDAQ:SASR)
www.4-traders.com - July 24 at 11:20 AM
msn.com logoSandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q2 2016 Results - Earnings Call Transcript (NASDAQ:SASR)
www.msn.com - July 22 at 10:11 AM
finance.yahoo.com logoEdited Transcript of SASR earnings conference call or presentation 21-Jul-16 6:00pm GMT (NASDAQ:SASR)
finance.yahoo.com - July 21 at 6:57 PM
globenewswire.com logoSandy Spring Bancorp Reports Net Income of $10.6 Million for the Second Quarter (NASDAQ:SASR)
globenewswire.com - July 21 at 10:06 AM
finance.yahoo.com logoSandy Spring Bancorp posts 2Q profit (NASDAQ:SASR)
finance.yahoo.com - July 21 at 10:06 AM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : July 11, 2016 (NASDAQ:SASR)
www.capitalcube.com - July 11 at 9:01 AM
publicnow.com logoSandy Spring Bancorp, Inc. to Webcast Second Quarter Earnings Conference Call on July 21, 2016 (NASDAQ:SASR)
www.publicnow.com - July 7 at 7:31 AM
publicnow.com logoSandy Spring Bank Celebrates Its First D.C. Branch with Ribbon Cutting (NASDAQ:SASR)
www.publicnow.com - June 29 at 3:11 PM
capitalcube.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:SASR)
www.capitalcube.com - June 28 at 1:53 PM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : June 27, 2016 (NASDAQ:SASR)
www.capitalcube.com - June 27 at 9:46 AM
capitalcube.com logoETF’s with exposure to Sandy Spring Bancorp, Inc. : May 19, 2016 (NASDAQ:SASR)
www.capitalcube.com - May 18 at 10:49 PM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : May 17, 2016 (NASDAQ:SASR)
www.capitalcube.com - May 17 at 8:20 AM
capitalcube.com logoSandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : May 6, 2016 (NASDAQ:SASR)
www.capitalcube.com - May 6 at 8:32 AM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:SASR)
biz.yahoo.com - May 6 at 6:11 AM
capitalcube.com logoSandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:SASR)
www.capitalcube.com - April 26 at 10:52 AM
finance.yahoo.com logoEdited Transcript of SASR earnings conference call or presentation 21-Apr-16 6:00pm GMT (NASDAQ:SASR)
finance.yahoo.com - April 21 at 3:29 PM
sg.finance.yahoo.com logoSandy Spring Bancorp meets 1Q profit forecasts (NASDAQ:SASR)
sg.finance.yahoo.com - April 21 at 8:17 AM
seekingalpha.com logoSandy Spring Bancorp EPS in-line, misses on net interest income (NASDAQ:SASR)
seekingalpha.com - April 21 at 7:12 AM
publicnow.com logoSandy Spring Bancorp Reports Net Income of $10.8 Million for the First Quarter (NASDAQ:SASR)
www.publicnow.com - April 21 at 7:10 AM
biz.yahoo.com logoQ1 2016 Sandy Spring Bancorp Inc Earnings Release - Before Market Open (NASDAQ:SASR)
biz.yahoo.com - April 21 at 7:07 AM
nasdaq.com logoSandy Spring Bancorp Commemorates 20 Years as Nasdaq Listed Company (NASDAQ:SASR)
www.nasdaq.com - April 18 at 12:59 PM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 10-K, Annual Report (NASDAQ:SASR)
biz.yahoo.com - March 4 at 10:17 AM
publicnow.com logoSandy Spring Bank’s First Washington, D.C., Branch Opens for Business (NASDAQ:SASR)
www.publicnow.com - February 1 at 10:31 AM
streetinsider.com logoSandy Spring Bancorp (SASR) Declares $0.24 Quarterly Dividend; 3.8% Yield (NASDAQ:SASR)
www.streetinsider.com - January 28 at 2:41 PM
capitalcube.com logoSandy Spring Bancorp, Inc. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:SASR)
www.capitalcube.com - January 28 at 1:51 PM
publicnow.com logoSandy Spring Bancorp Declares Quarterly Dividend of $0.24 Per Share (NASDAQ:SASR)
www.publicnow.com - January 28 at 7:22 AM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financi (NASDAQ:SASR)
biz.yahoo.com - January 28 at 6:05 AM
finance.yahoo.com logoSandy Spring Bancorp Inc. (SASR) (NASDAQ:SASR)
finance.yahoo.com - January 23 at 1:37 PM
seekingalpha.com logoSandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q4 2015 Results - Earnings Call Transcript (NASDAQ:SASR)
seekingalpha.com - January 22 at 1:50 PM
finance.yahoo.com logoEdited Transcript of SASR earnings conference call or presentation 21-Jan-16 7:00pm GMT (NASDAQ:SASR)
finance.yahoo.com - January 21 at 4:39 PM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:SASR)
biz.yahoo.com - January 21 at 8:34 AM
nasdaq.com logoSandy Spring Bancorp Reports Net Income of $12.8 Million for the Fourth Quarter and $45.4 Million for the Full Year (NASDAQ:SASR)
www.nasdaq.com - January 21 at 7:40 AM
sg.finance.yahoo.com logoSandy Spring Bancorp beats 4Q profit forecasts (NASDAQ:SASR)
sg.finance.yahoo.com - January 21 at 7:26 AM
biz.yahoo.com logoQ4 2015 Sandy Spring Bancorp Inc Earnings Release - Before Market Open (NASDAQ:SASR)
biz.yahoo.com - January 21 at 7:07 AM
finance.yahoo.com logo7:03 am Sandy Spring Banc beats by $0.08 (NASDAQ:SASR)
finance.yahoo.com - January 21 at 7:03 AM
capitalcube.com logoSandy Spring Bancorp, Inc. Earnings Q3, 2015 (NASDAQ:SASR)
www.capitalcube.com - November 11 at 11:28 AM
noodls.com logoSandy Spring Bank to Open Its First Washington, D.C. Branch in 2016 (NASDAQ:SASR)
www.noodls.com - November 5 at 11:20 AM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 10-Q, Quarterly Report (NASDAQ:SASR)
biz.yahoo.com - November 5 at 9:18 AM
biz.yahoo.com logoSANDY SPRING BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhi (NASDAQ:SASR)
biz.yahoo.com - October 29 at 10:38 AM
noodls.com logoSandy Spring Bancorp Increases Cash Dividend to $0.24 Per Share (NASDAQ:SASR)
www.noodls.com - October 29 at 10:18 AM

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Sandy Spring Bancorp (NASDAQ:SASR) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff