OverviewSuggest Edit

Sandy Spring Bancorp operates as the bank holding company that provides commercial and retail banking services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment provides financial products and services, including various loan and deposit products to individuals and businesses. The Insurance segment provides general insurance agency services and annuities. The Investment Management segment provides comprehensive investment management and financial planning. The Company also provides trust services.

TypePublic
Founded1868
HQOlney, US
Websitesandyspringbank.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)932
Job Openings22
Revenue (FY, 2019)$71.3 M(+17%)
Share Price (Oct 2020)$25.1 (+2%)
Cybersecurity ratingAMore

Sandy Spring Bancorp Office Locations

Sandy Spring Bancorp has an office in Olney
Olney, US (HQ)
17801 Georgia Ave
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Sandy Spring Bancorp Financials and Metrics

Sandy Spring Bancorp Revenue

Sandy Spring Bancorp's revenue was reported to be $71.32 m in FY, 2019
USD

Revenue (Q2, 2020)

22.9m

Net income (Q2, 2020)

(14.3m)

Market capitalization (20-Oct-2020)

1.2b

Closing stock price (20-Oct-2020)

25.1

Cash (30-Jun-2020)

224.0m

EV

2.6b
Sandy Spring Bancorp's current market capitalization is $1.2 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

43.5m172.9m47.5m46.9m49.9m51.0m51.2m61.0m71.3m

Revenue growth, %

31%7%6%

Sales and marketing expense

2.4m2.7m2.9m2.9m2.9m2.9m3.1m3.9m4.5m

R&D expense

4.2m5.0m4.6m4.9m5.0m5.4m5.5m6.6m7.6m
USDQ2, 2011

Financial Leverage

8.5 x
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Sandy Spring Bancorp Operating Metrics

Sandy Spring Bancorp's Total Loans was reported to be $4.1b in Q2, 2017. Sandy Spring Bancorp's Assets Under Management was reported to be $2.6b in Q2, 2017.
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Sandy Spring Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Sandy Spring Bancorp Online and Social Media Presence

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Sandy Spring Bancorp News and Updates

Sandy Spring Bancorp Reports Record Quarterly Earnings of $44.6 Million

Year-Over-Year Operating Earnings Increase 49% Year-Over-Year Operating Earnings Increase 49%

Sandy Spring Bancorp Reports Second Quarter Results

Company Reports Strong Growth in Operating Earnings Following the Revere Bank and Rembert Pendleton Jackson Acquisitions Company Reports Strong Growth in Operating Earnings Following the Revere Bank and Rembert Pendleton Jackson Acquisitions

Sandy Spring Bancorp Completes Acquisition of Rembert Pendleton Jackson

OLNEY, Md., Feb. 03, 2020 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR, “Sandy Spring”), the parent company of Sandy Spring Bank, announced today that it completed the acquisition of Rembert Pendleton Jackson (RPJ), a financial planning and investment advisory firm located in Falls…

Sandy Spring Bancorp Declares Quarterly Dividend and Sets Date for Annual Meeting

OLNEY, Md., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.30 per share payable on February 19, 2020 to shareholders of record on February …

Sandy Spring Bancorp Reports Record Annual Earnings

Company Announces Fifth Consecutive Record Year and $116.4 Million in Annual Net Income Company Announces Fifth Consecutive Record Year and $116.4 Million in Annual Net Income

Sandy Spring Bancorp to Acquire Registered Investment Advisor: Rembert Pendleton Jackson

Company Expands Its Wealth Management Services and Builds on Growth Momentum Company Expands Its Wealth Management Services and Builds on Growth Momentum
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Sandy Spring Bancorp Frequently Asked Questions

  • When was Sandy Spring Bancorp founded?

    Sandy Spring Bancorp was founded in 1868.

  • How many employees does Sandy Spring Bancorp have?

    Sandy Spring Bancorp has 932 employees.

  • What is Sandy Spring Bancorp revenue?

    Latest Sandy Spring Bancorp annual revenue is $71.3 m.

  • What is Sandy Spring Bancorp revenue per employee?

    Latest Sandy Spring Bancorp revenue per employee is $76.5 k.

  • Who are Sandy Spring Bancorp competitors?

    Competitors of Sandy Spring Bancorp include U.S. Bancorp, Citi and Lakeland Financial.

  • Where is Sandy Spring Bancorp headquarters?

    Sandy Spring Bancorp headquarters is located at 17801 Georgia Ave, Olney.

  • Where are Sandy Spring Bancorp offices?

    Sandy Spring Bancorp has an office in Olney.

  • How many offices does Sandy Spring Bancorp have?

    Sandy Spring Bancorp has 1 office.