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 | |
Founded | 1868 | |
HQ | Olney, MD, US | Map |
Website | sandyspringbank.com | |
Employee Ratings | More | |
Overall Culture | C | More |
USD | |
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Revenue (FY, 2020) | 102.7m |
Net income (FY, 2020) | 97.0m |
Market capitalization (1-Mar-2021) | 1.8b |
Closing stock price (1-Mar-2021) | 38.5 |
Cash (31-Dec-2020) | 93.7m |
EV | 2.9b |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
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Revenue | 10.8m | 11.3m | 11.0m | 11.5m | 12.2m | 12.4m | 12.2m | 11.2m | 11.2m | 11.7m | 12.6m | 13.2m | 12.1m | 12.4m | 13.4m | 12.8m | 12.6m | 12.6m | 13.6m | 12.7m | 17.1m | 14.9m | 15.0m | 17.0m | 16.6m | 18.6m | 18.2m | 22.9m | 29.4m |
Sales and marketing expense | 709.0k | 468.0k | 495.0k | 565.0k | 764.0k | 515.0k | 755.0k | 713.0k | 542.0k | 802.0k | 744.0k | 531.0k | 942.0k | 688.0k | 681.0k | 662.0k | 628.0k | 663.0k | 776.0k | 784.0k | 1.1m | 945.0k | 770.0k | 943.0k | 887.0k | 1.5m | 1.2m | 729.0k | 1.3m |
R&D expense | 999.0k | 1.1m | 1.3m | 1.8m | 1.1m | 1.2m | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 1.3m | 1.1m | 1.3m | 1.4m | 1.4m | 1.3m | 1.4m | 1.4m | 1.3m | 1.4m | 1.7m | 1.7m | 1.8m | 2.0m | 2.0m | 1.6m | 2.2m | 2.6m |
Operating expense total | 6.0m | 5.9m | 5.8m | 7.6m | 6.2m | 6.0m | 6.1m | 5.0m | 5.6m | 6.2m | 6.6m | 6.1m | 6.4m | 6.4m | 8.3m | 8.1m | 5.8m | 6.2m | 7.8m | 6.5m | 7.9m | 9.4m | 8.7m | 7.5m | 7.7m | 8.9m | 8.0m | 14.3m | 9.8m |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 120.7m | 70.8m | 102.3m | 122.8m | 79.3m | 84.6m | 107.5m | 80.1m | 116.2m | 110.8m | 92.0m | 81.2m | 89.6m | 96.4m | 159.4m | 93.6m | 98.2m | 101.9m | 76.9m | 102.2m | 64.1m | 69.5m | 63.4m | 67.3m | 75.8m | 89.4m | 79.2m | 224.0m | 107.4m |
Accounts Receivable | 2.1b | 2.1b | 2.2b | 2.4b | 2.4b | 2.5b | 2.6b | 2.6b | 2.8b | 2.9b | 2.9b | 3.1b | 3.3b | 3.4b | 3.5b | 3.6b | 3.7b | 3.9b | 4.1b | 4.1b | 6.0b | 6.2b | 6.3b | 6.5b | 6.5b | 6.5b | 6.6b | 10.2b | |
PP&E | 48.9m | 48.8m | 48.7m | 49.2m | 48.8m | 47.7m | 46.9m | 46.7m | 45.6m | 45.3m | 45.8m | 51.3m | 51.6m | 52.6m | 53.3m | 53.1m | 53.4m | 53.3m | 53.2m | 54.1m | 60.4m | 62.3m | 62.1m | 61.0m | 60.4m | 59.5m | 57.6m | 59.4m | 58.7m |
Goodwill | 76.8m | 76.8m | 76.8m | 81.9m | 81.9m | 84.8m | 84.2m | 84.2m | 84.2m | 84.2m | 84.2m | 84.2m | 84.2m | 84.2m | 84.2m | 84.2m | 85.8m | 85.8m | 85.8m | 85.8m | 342.9m | 346.3m | 345.4m | 347.1m | 347.1m | 347.1m | 369.7m | 370.5m | 370.5m |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 34.1m | 36.6m | 44.4m | 38.2m | 45.4m | 48.3m | 53.2m | 100.9m | 116.4m | 97.0m |
Depreciation and Amortization | 7.5m | 7.8m | 8.0m | 7.2m | 7.3m | 8.0m | 8.1m | 12.5m | 13.4m | 19.9m |
Cash From Operating Activities | 67.7m | 52.8m | 96.1m | 53.7m | 50.8m | 90.4m | 69.4m | 147.6m | 99.9m | 142.0m |
Purchases of PP&E | (4.0m) | (4.4m) | (2.4m) | (8.6m) | (8.6m) | (5.8m) | (7.4m) | (10.4m) | (5.1m) | (5.0m) |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 15.6m | 26.8m | 8.5m | 15.7m | 26.7m | 10.6m | 22.7m | 34.8m | 10.9m | 17.9m | 29.1m | 11.2m | 21.6m | 32.6m | 10.8m | 21.5m | 34.9m | 15.1m | 29.9m | 44.9m | 21.7m | 46.1m | 75.3m | 30.3m | 58.6m | 88.0m | 10.0m | (4.4m) | 40.3m |
Depreciation and Amortization | 3.7m | 5.6m | 1.9m | 3.9m | 5.8m | 2.0m | 4.0m | 6.0m | 1.9m | 3.7m | 5.4m | 1.7m | 3.5m | 5.4m | 1.9m | 4.0m | 5.9m | 2.0m | 4.0m | 5.9m | 3.0m | 6.1m | 9.3m | 3.3m | 6.7m | 10.0m | 3.4m | 9.3m | 14.9m |
Cash From Operating Activities | 56.5m | 58.6m | 22.5m | 29.8m | 32.5m | 6.3m | 41.2m | 82.1m | 21.8m | 24.5m | 41.4m | 10.3m | 20.3m | 44.3m | 15.8m | 43.6m | 56.0m | 34.3m | 40.3m | 57.1m | 44.3m | 54.4m | 103.9m | 27.3m | 31.2m | 42.9m | 13.0m | 41.1m | 82.3m |
Purchases of PP&E | (2.1m) | (3.1m) | (1.3m) | (2.9m) | (3.7m) | (551.0k) | (920.0k) | (1.9m) | (856.0k) | (1.8m) | (3.5m) | (3.0m) | (4.6m) | (6.7m) | (1.5m) | (2.6m) | (4.2m) | (1.1m) | (2.4m) | (4.6m) | (2.8m) | (6.8m) | (8.5m) | (1.1m) | (2.5m) | (4.3m) | (696.0k) | (1.7m) | (3.4m) |
USD | Q2, 2011 |
---|---|
Financial Leverage | 8.5 x |
FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Assets Under Management | $2.80 b | $2.90 b | $2.90 b | $2.70 b | $2.80 b | $2.30 b | $2.30 b | $2.40 b | $2.40 b | $2.50 b | $2.60 b |
Bank Branches | 44 | 45 | 44 | ||||||||
Non-performing Loans | $34.03 m | $36.02 m | $37.33 m | $36.92 m | $34.50 m | $36.10 m | $31.36 m | $31.98 m | $31.93 m | $30.86 m | $32.20 m |
Total Loans | $3.13 b | $3.16 b | $3.29 b | $3.41 b | $3.50 b | $3.56 b | $3.67 b | $3.78 b | $3.93 b | $3.99 b | $4.13 b |
Sandy Spring Bancorp has 2.11k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.4% quarter over quarter
2.8k
Tweets
1.2k
Following
2.1k
Followers
23
Tweets last 30 days
0.3
Avg. likes per Tweet
34.8%
Tweets with engagement
C
70/100
A+
100/100
D
55/100
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 $102.7 m.
What is Sandy Spring Bancorp revenue per employee?
Latest Sandy Spring Bancorp revenue per employee is $110.2 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.
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