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.

Type
Public
HQ
Olney, US
Founded
1868
Size (employees)
752 (est)+4%
Sandy Spring Bancorp was founded in 1868 and is headquartered in Olney, US
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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 Financials

Sandy Spring Bancorp's revenue was reported to be $221.60 m in FY, 2016 which is a 6.4% increase from the previous period.
USD

Revenue (Q1, 2018)

92.6 m

Gross profit (Q1, 2018)

80 m

Gross profit margin (Q1, 2018), %

86.4%

Net income (Q1, 2018)

21.7 m

EBIT (Q1, 2018)

60.9 m

Market capitalization (14-Jun-2018)

1.5 b

Closing share price (14-Jun-2018)

42.2

Cash (31-Mar-2018)

219.4 m

EV

1.3 b
Sandy Spring Bancorp's current market capitalization is $1.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

149.3 m195.2 m208.2 m221.6 m

Revenue growth, %

31%7%6%

Cost of goods sold

20.1 m21 m

Gross profit

188.1 m200.6 m
Quarterly
USDQ1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

51 m52.7 m55 m54.6 m55.4 m58.6 m62.1 m92.6 m

Cost of goods sold

4.9 m5.2 m5.5 m5.1 m5.1 m5.7 m6.3 m12.6 m

Gross profit

46 m47.5 m49.5 m49.5 m50.3 m52.9 m55.9 m80 m

Gross profit Margin, %

90%90%90%91%91%90%90%86%
Annual
USDFY, 2016

Accounts Payable

69.7 m
Quarterly
USDQ1, 2018

Cash

219.4 m

Accounts Receivable

153.9 m

PP&E

60.4 m

Goodwill

342.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

44.4 m38.2 m45.4 m48.3 m

Depreciation and Amortization

8 m7.2 m7.3 m8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

10.9 m11.2 m21.6 m32.6 m10.8 m10.6 m13.5 m15.1 m14.7 m21.7 m

Depreciation and Amortization

1.9 m1.7 m3.5 m5.4 m1.9 m3.9 m5.9 m2 m4 m3 m

Cash From Operating Activities

21.8 m10.3 m20.3 m44.3 m15.8 m43.6 m56 m34.3 m40.3 m44.3 m

Cash From Investing Activities

(16.4 m)(114.5 m)(220.4 m)24.1 m(78.4 m)(149.4 m)(153.3 m)(244.9 m)
USDY, 2018

EV/EBIT

21.6 x

EV/CFO

29.7 x
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Sandy Spring Bancorp Operating Metrics

Sandy Spring Bancorp's Assets Under Management was reported to be $2.6b in Q2, 2017. Sandy Spring Bancorp's Total Loans was reported to be $4.1b in Q2, 2017.
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Sandy Spring Bancorp Online and Social Media Presence

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Sandy Spring Bancorp News and Updates

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