Sandy Spring Bancorp Company Profile (NASDAQ:SASR)

About Sandy Spring Bancorp (NASDAQ:SASR)

Sandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three segments: Community Banking, Insurance and Investment Management. The Company's 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. As of December 31, 2016, the Bank conducted commercial banking business through 44 community offices and six financial centers located in Central Maryland, Northern Virginia and Washington D.C.

Industry, Sector and Symbol:

Sector: Finance
Industry: Banks
Sub-Industry: Regional Banks
Symbol: NASDAQ:SASR
CUSIP: 80036310
Web: www.sandyspringbank.com

Capitalization:

Market Cap: $957.08 million
Outstanding Shares: 23,987,000

Average Prices:

50 Day Moving Avg: $38.58
200 Day Moving Avg: $40.24
52 Week Range: $27.86 - $45.64

P/E:

Trailing P/E Ratio: 17.08
Foreward P/E Ratio: 14.00
P/E Growth: 1.98

Sales & Book Value:

Annual Revenue: $206.34 million
Price / Sales: 4.64
Book Value: $23.13 per share
Price / Book: 1.73

Dividend:

Annual Dividend: $1.04
Dividend Yield: 2.6%

Profitability:

Net Margins: 24.33%
Return on Equity: 10.44%
Return on Assets: 1.11%

Debt:

Debt-to-Equity Ratio: 1.21%
Current Ratio: 1.03%
Quick Ratio: 1.03%

Misc:

Average Volume: 73,852 shs.
Beta: 1.02
Short Ratio: 10.86

Frequently Asked Questions for Sandy Spring Bancorp (NASDAQ:SASR)

What is Sandy Spring Bancorp's stock symbol?

Sandy Spring Bancorp trades on the NASDAQ under the ticker symbol "SASR."

How often does Sandy Spring Bancorp pay dividends? What is the dividend yield for Sandy Spring Bancorp?

Sandy Spring Bancorp announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Wednesday, August 9th will be given a dividend of $0.26 per share on Wednesday, August 16th. This represents a $1.04 annualized dividend and a yield of 2.61%. The ex-dividend date is Monday, August 7th. View Sandy Spring Bancorp's Dividend History.

How were Sandy Spring Bancorp's earnings last quarter?

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) posted its quarterly earnings results on Thursday, July, 20th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $55.90 million for the quarter, compared to analysts' expectations of $55.53 million. Sandy Spring Bancorp had a return on equity of 10.44% and a net margin of 24.33%. During the same period in the prior year, the firm earned $0.44 earnings per share. View Sandy Spring Bancorp's Earnings History.

When will Sandy Spring Bancorp make its next earnings announcement?

Sandy Spring Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for Sandy Spring Bancorp.

Where is Sandy Spring Bancorp's stock going? Where will Sandy Spring Bancorp's stock price be in 2017?

1 equities research analysts have issued 1 year target prices for Sandy Spring Bancorp's stock. Their forecasts range from $40.00 to $40.00. On average, they expect Sandy Spring Bancorp's share price to reach $40.00 in the next year. View Analyst Ratings for Sandy Spring Bancorp.

Who are some of Sandy Spring Bancorp's key competitors?

Some companies that are related to Sandy Spring Bancorp include Cadence Bancorp (CADE), LegacyTexas Financial Group (LTXB), Simmons First National Corporation (SFNC), WesBanco (WSBC), BancFirst Corporation (BANF), BofI Holding (BOFI), Northwest Bancshares (NWBI), Ameris Bancorp (ABCB), Park National (PRK), First Financial Bancorp. (FFBC), CenterState Banks (CSFL), NBT Bancorp (NBTB), Westamerica Bancorporation (WABC), Union Bankshares Corporation (UBSH), First Busey Corporation (BUSE), First Commonwealth Financial Corporation (FCF), Bgeo Group PLC (BGEO) and Tompkins Financial (TMP).

Who are Sandy Spring Bancorp's key executives?

Sandy Spring Bancorp's management team includes the folowing people:

Robert L. Orndorff Jr., Independent Chairman of the Board
Daniel J. Schrider, President, Chief Executive Officer, Director of the Company and the Bank
Philip J. Mantua CPA, Chief Financial Officer, Executive Vice President of the Company and the Bank
Ronald E. Kuykendall, Executive Vice President, General Counsel, Secretary of the Company and the Bank
R. Louis Caceres, Executive Vice President of the Bank
Ronda M. McDowell, Executive Vice President, Chief Credit Officer of the Bank
Joseph J. O'Brien Jr., Executive Vice President - Commercial and Retail Banking of the Bank
John D. Sadowski, Executive Vice President, Chief Information Officer of the Bank
Mona Abutaleb, Independent Director
Ralph F. Boyd Jr., Independent Director

Who owns Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.45%), Vanguard Group Inc. (4.56%), Ameriprise Financial Inc. (3.83%), Banc Funds Co. LLC (3.60%), Goldman Sachs Group Inc. (3.37%) and Dalton Greiner Hartman Maher & Co. (2.52%). Company insiders that own Sandy Spring Bancorp stock include James J Maiwurm and R Louis Caceres. View Institutional Ownership Trends for Sandy Spring Bancorp.

Who sold Sandy Spring Bancorp stock? Who is selling Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Systematic Financial Management LP, California State Teachers Retirement System, Chicago Equity Partners LLC, Ameriprise Financial Inc., FineMark National Bank & Trust, Nationwide Fund Advisors and California Public Employees Retirement System. View Insider Buying and Selling for Sandy Spring Bancorp.

Who bought Sandy Spring Bancorp stock? Who is buying Sandy Spring Bancorp stock?

Sandy Spring Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Robeco Institutional Asset Management B.V., Goldman Sachs Group Inc., Renaissance Technologies LLC, State Street Corp, Marshall Wace North America L.P., Schwab Charles Investment Management Inc. and Numeric Investors LLC. View Insider Buying and Selling for Sandy Spring Bancorp.

How do I buy Sandy Spring Bancorp stock?

Shares of Sandy Spring Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sandy Spring Bancorp's stock price today?

One share of Sandy Spring Bancorp stock can currently be purchased for approximately $39.90.

MarketBeat Community Rating for Sandy Spring Bancorp (NASDAQ SASR)

Community Ranking:		1.7 out of 5 ()
Outperform Votes:		58 (Vote Outperform)
Underperform Votes:		110 (Vote Underperform)
Total Votes:		168

MarketBeat's community ratings are surveys of what our community members think about Sandy Spring Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Sandy Spring Bancorp (NASDAQ:SASR) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Hold Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$40.00 (0.25% upside)

Analysts' Ratings History for Sandy Spring Bancorp (NASDAQ:SASR)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price	Details
4/21/2017	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$40.00	Low
1/27/2016	SunTrust Banks, Inc.	Lower Price Target	Neutral	$28.00 -> $27.00	N/A

(Data available from 9/24/2015 forward)

Earnings History for Sandy Spring Bancorp (NASDAQ:SASR)

Earnings by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Earnings History by Quarter for Sandy Spring Bancorp (NASDAQ SASR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/18/2017		$0.63					N/A
7/20/2017	Q2 2017	$0.58	$0.61	$55.53 million	$55.90 million	View	N/A
4/20/2017	Q1 2017	$0.54	$0.63	$53.46 million	$52.89 million	View	N/A
1/19/2017	Q416	$0.50	$0.55	$51.35 million	$51.30 million	View	N/A
10/20/2016	Q316	$0.49	$0.56	$52.19 million	$50.32 million	View	Listen
7/21/2016	Q216	$0.45	$0.44	$48.94 million	$49.48 million	View	Listen
4/21/2016	Q116	$0.45	$0.45	$49.61 million	$49.49 million	View	Listen
1/21/2016	Q415	$0.45	$0.52	$49.02 million	$48.02 million	View	Listen
10/22/2015	Q315	$0.46	$0.45	$48.78 million	$47.51 million	View	Listen
7/16/2015	Q215	$0.44	$0.42	$47.62 million	$46.04 million	View	Listen
4/16/2015	Q115	$0.41	$0.45	$46.07 million	$46.53 million	View	N/A
1/22/2015	Q414	$0.43	$0.36	$46.56 million	$44.57 million	View	N/A
10/16/2014	Q314	$0.44	$0.44	$45.97 million	$45.01 million	View	Listen
7/17/2014	Q214	$0.39	$0.28	$44.73 million	$44.00 million	View	N/A
4/17/2014	Q114	$0.39	$0.43	$44.47 million	$42.84 million	View	N/A
1/22/2014	Q413	$0.42	$0.38	$32.79 million		View	N/A
10/17/2013	Q313	$0.42	$0.48	$32.70 million		View	N/A
7/18/2013	Q2 2013	$0.39	$0.49	$32.40 million		View	N/A
4/18/2013	Q1 2013	$0.37	$0.42	$31.34 million		View	N/A
1/24/2013	Q4 2012	$0.40	$0.40	$32.29 million		View	N/A
10/18/2012		$0.36	$0.44			View	N/A
7/19/2012		$0.32	$0.30			View	N/A
4/19/2012		$0.33	$0.35			View	N/A
1/26/2012		$0.34	$0.30			View	N/A
10/20/2011		$0.34	$0.47			View	N/A
7/21/2011		$0.33	$0.34			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Sandy Spring Bancorp (NASDAQ:SASR)

2017 EPS Consensus Estimate: $2.19

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	2	$0.47	$0.53	$0.50
Q2 2017	2	$0.48	$0.58	$0.53
Q3 2017	2	$0.53	$0.62	$0.58
Q4 2017	2	$0.53	$0.63	$0.58

(Data provided by Zacks Investment Research)

Current Dividend Information for Sandy Spring Bancorp (NASDAQ:SASR)

Most Recent Dividend:	8/16/2017
Annual Dividend:	$1.04
Dividend Yield:	2.61%
Payout Ratio:	44.26% (Trailing 12 Months of Earnings) 41.43% (Based on This Year's Estimates) 36.49% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Dividend History by Quarter for Sandy Spring Bancorp (NASDAQ SASR)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/27/2017	quarterly	$0.26	2.6%	8/7/2017	8/9/2017	8/16/2017
4/27/2017	quarterly	$0.26	2.36%	5/8/2017	5/10/2017	5/17/2017
1/26/2017	quarterly	$0.26	2.52%	2/7/2017	2/9/2017	2/15/2017
10/27/2016	quarterly	$0.26	3.31%	11/7/2016	11/9/2016	11/16/2016
7/29/2016	quarterly	$0.24	3.22%	8/8/2016	8/10/2016	8/17/2016
4/29/2016	quarterly	$0.24	3.36%	5/9/2016	5/11/2016	5/18/2016
1/29/2016	quarterly	$0.24	3.61%	2/8/2016	2/10/2016	2/17/2016
10/30/2015	quarterly	$0.24	3.49%	11/6/2015	11/11/2015	11/18/2015
7/30/2015	quarterly	$0.22	3.23%	8/10/2015	8/12/2015	8/19/2015
5/1/2015	quarterly	$0.22	3.38%	5/11/2015	5/13/2015	5/20/2015
1/30/2015	quarterly	$0.22	3.56%	2/9/2015	2/11/2015	2/18/2015
10/30/2014	quarterly	$0.20	3.1%	11/10/2014	11/12/2014	11/19/2014
7/31/2014	quarterly	$0.20	3.44%	8/11/2014	8/13/2014	8/20/2014
5/1/2014	quarterly	$0.18	3.05%	5/12/2014	5/14/2014	5/21/2014
1/30/2014	quarterly	$0.18	2.88%	2/10/2014	2/12/2014	2/19/2014
10/31/2013	quarterly	$0.18	2.94%	11/8/2013	11/13/2013	11/20/2013
8/1/2013	quarterly	$0.16	2.58%	8/12/2013	8/14/2013	8/21/2013
4/25/2013	quarterly	$0.16	3.17%	5/6/2013	5/8/2013	5/15/2013
1/31/2013	quarterly	$0.14	2.77%	2/11/2013	2/13/2013	2/20/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Sandy Spring Bancorp (NASDAQ:SASR)

Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 67.60%

Institutional Ownership by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Insider Trades by Quarter for Sandy Spring Bancorp (NASDAQ:SASR)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
11/8/2016	R Louis Caceres	Insider	Sell	14,200	$31.62	$449,004.00
5/31/2016	James J Maiwurm	Director	Buy	258	$29.04	$7,492.32
5/14/2015	Ronda M Mcdowell	EVP	Sell	1,781	$26.21	$46,680.01
8/1/2014	Mark E Friis	Director	Buy	2,500	$23.17	$57,925.00
11/12/2012	Mei Xu	Director	Buy	1,000	$17.86	$17,860.00
11/1/2012	Robert E Jr. Henel	Director	Buy	1,440	$19.15	$27,576.00

(Data available from 1/1/2013 forward)

Headline Trends for Sandy Spring Bancorp (NASDAQ:SASR) Latest Headlines for Sandy Spring Bancorp (NASDAQ:SASR)

Source:

Date	Headline
	Sandy Spring Bancorp, Inc. (SASR) Lifted to "Buy" at Zacks Investment Research www.americanbankingnews.com - September 20 at 11:30 PM
	Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : September 19, 2017 finance.yahoo.com - September 20 at 8:46 AM
	Sandy Spring Bancorp, Inc. (SASR) Rating Lowered to Hold at Zacks Investment Research www.americanbankingnews.com - September 19 at 6:30 AM
	ETFs with exposure to Sandy Spring Bancorp, Inc. : September 14, 2017 finance.yahoo.com - September 14 at 9:42 AM
	Sandy Spring Bancorp, Inc. :SASR-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017 finance.yahoo.com - September 13 at 8:43 AM
	Sandy Spring Bancorp, Inc. : SASR-US: Dividend Analysis : August 09th, 2017 (record date) : By the numbers : September 11, 2017 finance.yahoo.com - September 12 at 9:26 AM
	Sandy Spring Bancorp, Inc. (SASR) Downgraded by Zacks Investment Research www.americanbankingnews.com - September 9 at 5:38 PM
	Sandy Spring Bancorp, Inc. (SASR) Upgraded to "Buy" by Zacks Investment Research www.americanbankingnews.com - September 9 at 8:40 AM
	Does Sandy Spring Bancorp Inc’s (SASR) PE Ratio Warrant A Buy? finance.yahoo.com - September 9 at 8:12 AM
	ValuEngine Lowers Sandy Spring Bancorp, Inc. (SASR) to Hold www.americanbankingnews.com - September 7 at 11:22 PM
	Sandy Spring Bancorp, Inc. (SASR) Expected to Announce Quarterly Sales of $58.34 Million www.americanbankingnews.com - September 5 at 11:08 AM
	4 Reasons Why Sandy Spring Bancorp (SASR) is a Solid Pick www.zacks.com - August 30 at 8:53 AM
	Sandy Spring Bancorp, Inc. (SASR) Lifted to "Hold" at BidaskClub www.americanbankingnews.com - August 26 at 1:52 PM
	Top Ranked Income Stocks to Buy for August 24th www.zacks.com - August 24 at 12:30 PM
	How To Play The Sandy Spring - Washington First Merger seekingalpha.com - August 24 at 12:30 PM
	Sandy Spring Bancorp, Inc. (SASR) Cut to Sell at BidaskClub www.americanbankingnews.com - August 18 at 7:35 PM
	Bank Stocks to Outdo Broader Markets This Year: 5 Picks finance.yahoo.com - August 17 at 4:23 PM
	Brokerages Expect Sandy Spring Bancorp, Inc. (SASR) Will Announce Quarterly Sales of $58.34 Million www.americanbankingnews.com - August 17 at 1:48 AM
	See what the IHS Markit Score report has to say about Sandy Spring Bancorp Inc. finance.yahoo.com - August 10 at 7:38 AM
	Lloyds Banking Group PLC (LYG) & Sandy Spring Bancorp (NASDAQ:SASR) Head to Head Survey www.americanbankingnews.com - August 6 at 12:30 AM
	Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : SASR-US : July 31, 2017 finance.yahoo.com - August 1 at 6:13 AM
	Brokerages Anticipate Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Will Announce Quarterly Sales of $58.34 Million www.americanbankingnews.com - July 30 at 7:31 AM
	Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Expected to Post Earnings of $0.64 Per Share www.americanbankingnews.com - July 28 at 4:09 PM
	Sandy Spring Bancorp, Inc. to Issue Quarterly Dividend of $0.26 (SASR) www.americanbankingnews.com - July 27 at 4:27 PM
	Edited Transcript of SASR earnings conference call or presentation 20-Jul-17 6:00pm GMT finance.yahoo.com - July 27 at 7:09 AM
	Sandy Spring Bancorp, Inc. Forecasted to Post FY2017 Earnings of $2.50 Per Share (NASDAQ:SASR) www.americanbankingnews.com - July 24 at 8:19 AM
	Sandy Spring Bancorp's (SASR) CEO Daniel Schrider on Q2 2017 Results - Earnings Call Transcript seekingalpha.com - July 22 at 8:28 AM
	Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : July 21, 2017 finance.yahoo.com - July 22 at 8:28 AM
	WashingtonFirst boosts profits ahead of purchase by Sandy Spring Bank finance.yahoo.com - July 22 at 8:28 AM
	Investor Network: Sandy Spring Bancorp, Inc. to Host Earnings Call finance.yahoo.com - July 21 at 6:50 AM
	Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Announces Quarterly Earnings Results www.americanbankingnews.com - July 20 at 9:53 AM
	Sandy Spring Bancorp beats by $0.03, misses on net interest income seekingalpha.com - July 20 at 7:27 AM
	Sandy Spring Bancorp Reports Net Income of $14.7 Million for the Second Quarter finance.yahoo.com - July 20 at 7:27 AM
	Sandy Spring Bancorp posts 2Q profit finance.yahoo.com - July 20 at 7:27 AM
	Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - July 19 at 8:22 AM
	BidaskClub Lowers Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to Hold www.americanbankingnews.com - July 16 at 10:08 PM
	Sandy Spring Bancorp Inc. (SASR) to Release Earnings on Thursday www.americanbankingnews.com - July 13 at 10:26 PM
	Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : July 10, 2017 finance.yahoo.com - July 11 at 7:26 AM
	Sandy Spring Bancorp, Inc. (SASR) Expected to Announce Quarterly Sales of $55.53 Million www.americanbankingnews.com - July 6 at 11:42 AM
	Sandy Spring Bancorp, Inc. to Webcast Second Quarter Earnings Conference Call on July 20, 2017 feeds.benzinga.com - July 6 at 7:38 AM
	Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Expected to Announce Earnings of $0.58 Per Share www.americanbankingnews.com - July 4 at 12:38 PM
	Sandy Spring Bancorp, Inc. – Value Analysis (NASDAQ:SASR) : July 3, 2017 finance.yahoo.com - July 4 at 7:06 AM
	Sandy Spring Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : SASR-US : June 30, 2017 finance.yahoo.com - July 1 at 7:16 AM
	$55.53 Million in Sales Expected for Sandy Spring Bancorp Inc. (SASR) This Quarter www.americanbankingnews.com - June 10 at 9:06 AM
	Zacks: Brokerages Expect Sandy Spring Bancorp Inc. (SASR) Will Post Earnings of $0.58 Per Share www.americanbankingnews.com - June 8 at 10:22 AM
	ETFs with exposure to Sandy Spring Bancorp, Inc. : May 31, 2017 finance.yahoo.com - May 31 at 7:47 PM
	ETFs with exposure to Sandy Spring Bancorp, Inc. : May 19, 2017 finance.yahoo.com - May 19 at 11:07 PM
	Boenning Scattergood Research Analysts Lift Earnings Estimates for Sandy Spring Bancorp Inc. (SASR) www.americanbankingnews.com - May 19 at 12:18 PM
	Sandy Spring Bancorp Inc. (SASR) Raised to "Strong-Buy" at Zacks Investment Research www.americanbankingnews.com - May 19 at 7:30 AM
	Sandy Spring (SASR) Acquires WashingtonFirst (WFBI) finance.yahoo.com - May 18 at 11:57 AM