SASR Stock - Sandy Spring Bancorp, Inc.
Unlock GoAI Insights for SASR
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $672.27M | $419.34M | $497.51M | $526.57M | $465.88M |
| Gross Profit | $672.27M | $419.34M | $497.51M | $526.57M | $465.88M |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Income | $645.70M | $164.13M | $291.02M | $311.66M | $124.42M |
| Net Income | $19.93M | $122.84M | $166.30M | $235.11M | $96.95M |
| Net Margin | 3.0% | 29.3% | 33.4% | 44.6% | 20.8% |
| EPS | $0.44 | $2.74 | $3.69 | $5.00 | $2.19 |
Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines. The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. It also provides personal trust and wealth management services. The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 1st 2024 | Janney | Initiation | Neutral | $25 |
| October 2nd 2023 | DA Davidson | Downgrade | Neutral | $22← $28 |
| April 4th 2023 | Stephens | Initiation | Equal Weight | $28 |
| December 5th 2022 | Piper Sandler | Resumed | Neutral | $39 |
| April 22nd 2022 | Keefe Bruyette | Downgrade | Market Perform | $50← $53 |
Earnings History & Surprises
SASREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q4 2025 | Oct 20, 2025 | — | — | — | — |
Q2 2025 | Apr 22, 2025 | $0.52 | $0.49 | -5.8% | ✗ MISS |
Q1 2025 | Jan 28, 2025 | $0.48 | $0.47 | -2.1% | ✗ MISS |
Q4 2024 | Oct 21, 2024 | $0.46 | $0.36 | -21.7% | ✗ MISS |
Q3 2024 | Jul 23, 2024 | $0.43 | $0.51 | +18.6% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $0.45 | $0.49 | +8.9% | ✓ BEAT |
Q1 2024 | Jan 23, 2024 | $0.52 | $0.60 | +15.4% | ✓ BEAT |
Q4 2023 | Oct 24, 2023 | $0.56 | $0.62 | +10.7% | ✓ BEAT |
Q3 2023 | Jul 25, 2023 | $0.66 | $0.55 | -16.7% | ✗ MISS |
Q2 2023 | Apr 20, 2023 | $0.67 | $1.16 | +73.1% | ✓ BEAT |
Q1 2023 | Jan 26, 2023 | $0.92 | $0.79 | -14.1% | ✗ MISS |
Q4 2022 | Oct 20, 2022 | $0.99 | $0.77 | -22.2% | ✗ MISS |
Q3 2022 | Jul 21, 2022 | $0.95 | $0.93 | -2.1% | ✗ MISS |
Q2 2022 | Apr 21, 2022 | $0.95 | $0.96 | +1.1% | ✓ BEAT |
Q1 2022 | Jan 20, 2022 | $1.09 | $0.99 | -9.2% | ✗ MISS |
Q4 2021 | Oct 21, 2021 | $1.10 | $1.20 | +9.1% | ✓ BEAT |
Q3 2021 | Jul 22, 2021 | $1.20 | $1.19 | -0.8% | ✗ MISS |
Q2 2021 | Apr 22, 2021 | $1.00 | $1.20 | +20.0% | ✓ BEAT |
Q1 2021 | Jan 21, 2021 | $0.93 | $1.19 | +28.0% | ✓ BEAT |
Q4 2020 | Oct 22, 2020 | $0.71 | $0.94 | +32.4% | ✓ BEAT |
Latest News
Frequently Asked Questions about SASR
What is SASR's current stock price?
What is the analyst price target for SASR?
What sector is Sandy Spring Bancorp, Inc. in?
What is SASR's market cap?
Does SASR pay dividends?
Similar Stocks
Financial Services SectorExplore stocks similar to SASR for comparison