Sandy Spring Bank

Sandy Spring Bancorp, Inc. (Nasdaq: SASR) is the largest bank holding company headquartered in Maryland. Its primary subsidiary Sandy Spring Bank traces its origin to 1868 making it among the oldest banking institutions in the region. Sandy Spring Bank operates a full line of financial services through a network of over 45 community offices in the highly desirable market of greater Washington, D.C. including offices in Montgomery, Howard, Frederick, Carroll, Anne Arundel and Prince George's Counties in Maryland, Fairfax and Loudoun Counties in Northern Virginia and Washington, D.C. Through an affiliation with the Allpoint ATM network, clients have free nationwide ATM access at more than 55,000 locations.

Company Growth (employees)
Type
Public
HQ
Olney, US
Founded
1868
Size (employees)
728 (est)
Sandy Spring Bank was founded in 1868 and is headquartered in Olney, US

Sandy Spring Bank Office Locations

Sandy Spring Bank has an office in Olney
Olney, US (HQ)
17801 Georgia Ave

Sandy Spring Bank Data and Metrics

Sandy Spring Bank Financial Metrics

Sandy Spring Bank's revenue was reported to be $58.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

58.6 m

Gross profit (Q1, 2017)

52.9 m

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

15.1 m

EBIT (Q1, 2017)

40.3 m

Market capitalization (22-Aug-2017)

932.4 m
Sandy Spring Bank's current market capitalization is $932.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

149.3 m148.4 m158.3 m170.6 m

Revenue growth, %

(1%)7%8%

Cost of goods sold

20.1 m21 m

Gross profit

138.2 m149.6 m

Gross profit Margin, %

87%88%

Sales and marketing expense

2.9 m

Operating expense total

2.9 m

EBIT

67 m55.8 m67.4 m149.6 m

EBIT margin, %

45%38%43%88%

Pre tax profit

67.4 m72 m

Income tax expense

22 m23.7 m

Net Income

44.4 m38.2 m45.4 m48.3 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

51 m52.7 m55 m54.6 m55.4 m58.6 m

Cost of goods sold

4.9 m5.2 m5.5 m5.1 m5.1 m5.7 m

Gross profit

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

Gross profit Margin, %

90%90%90%91%91%90%

Sales and marketing expense

942 k688 k681 k662 k628 k663 k

Operating expense total

942 k688 k681 k662 k628 k663 k

EBIT

33.9 m35.1 m36.1 m36.7 m37.7 m40.3 m

EBIT margin, %

67%67%66%67%68%69%

Pre tax profit

15.3 m16.2 m15.9 m15.7 m20.2 m22.7 m

Income tax expense

5 m5.2 m5.1 m5 m6.7 m7.6 m

Net Income

11.2 m21.6 m32.6 m10.8 m10.6 m13.5 m15.1 m
USDFY, 2016

Accounts Payable

69.7 m
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

Cash From Operating Activities

96.1 m53.7 m50.8 m90.4 m

Cash From Investing Activities

(233.2 m)(262.3 m)(291.9 m)(423 m)

Dividends Paid

(16.1 m)(19.2 m)(22.4 m)(23.7 m)

Cash From Financing Activities

125.1 m230.5 m217.8 m393.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

11.2 m21.6 m32.6 m10.8 m10.6 m13.5 m15.1 m

Depreciation and Amortization

1.7 m3.5 m5.4 m1.9 m3.9 m5.9 m2 m

Accounts Receivable

12.3 m12.3 m

Cash From Operating Activities

10.3 m20.3 m44.3 m15.8 m43.6 m56 m34.3 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)

Dividends Paid

(5.6 m)(11 m)(16.5 m)(5.8 m)(11.6 m)(17.4 m)(6.3 m)

Cash From Financing Activities

(9 m)87.6 m176.3 m46.6 m55.6 m118.7 m86.8 m
USDY, 2017

Revenue/Employee

80.5 k

Sandy Spring Bank Market Value History

Traffic Overview of Sandy Spring Bank

Sandy Spring Bank Online and Social Media Presence

Sandy Spring Bank Company Life and Culture

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