oday, Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income for the second quarter of 2018 of $24.4 million ($0.68 per diluted share) compared to net income of $14.7 million ($0.61 per diluted share) for the second quarter of 2017 and net income of $21.7 million ($0.61 per diluted share) for the first quarter of 2018. The current quarter’s results included $2.2 million in merger expenses. Exclusive of the after-tax impact of these expenses, earnings per diluted share would have been approximately $0.73 per share.
Sandy Spring Bank announced today that Kevin Slane has joined the company as Executive Vice President and Chief Risk Officer.
Daniel J. Schrider, President and CEO of Sandy Spring Bank, told a Washington Business Journal forum Tuesday night that the Washington, D.C., region offers enough economic advantages to win Amazon’s second headquarters, HQ2.
Bank Slated to Generate More than $1 Billion in Mortgage Originations in 2018 OLNEY, MARYLAND, May 3, 2018 – Sandy Spring Bank announced today a series of recognitions earned by its mortgage division and outstanding individuals on the team. Most notably, Lynne Pulford, Division Executive, was awarded the GOLD Award...
Employee-led Initiative Launched to Mark Earth Day and the Bank’s 150th Anniversary OLNEY, MARYLAND, April 27, 2018 – In recognition of its 150th anniversary this year, Sandy Spring Bank announced today its commitment to plant 150 trees throughout Maryland, Virginia and Washington, D.C. The announcement also coincides with today’s observance...
Quarterly Performance Demonstrates Company's Continued Stability and Strength Following Acquisition Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported net income for the first quarter of 2018 of $21.7 million ($0.61 per diluted share) compared to net income of $15.1 million ($0.63 per diluted share)...
Bank Commemorates 150 Years of Service in Greater Washington OLNEY, MARYLAND, APRIL 11, 2018 – In recognition of its 150th anniversary, Sandy Spring Bank announced today the official launch of the Sandy Spring Bank Foundation. The formation of the Sandy Spring Bank Foundation and its charitable work builds on the...
Now Largest Locally-based Community Bank with Assets Of $7.8 Billion OLNEY, MARYLAND, March 5, 2018 – Sandy Spring Bancorp, Inc. (NASDAQ: SASR, “Sandy Spring”) announced today that the transition of WashingtonFirst Bank to Sandy Spring Bank is complete, including the full conversion of all systems and branding. Sandy Spring Bancorp,...
2017 Net Income Reached Record Levels While Also Recognizing the Impact of Recently Enacted Tax Legislation in the Fourth Quarter OLNEY, MARYLAND, January 18, 2018 — Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported net income for the fourth quarter of 2017 of $8.3...
OLNEY, MD, January 4, 2018 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq: SASR) will announce its fourth quarter earnings on Thursday, January 18, 2018. The company will hold a conference call that day at 2:00 p.m. (ET) to discuss results and answer questions. The conference call will be webcast...