Improved Economic Forecast Drives $35 Million Provision CreditSandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported net income of $75.5 million ($1.58 per diluted common share) for the first quarter of 2021. The current quarter’s result compares to net income of $10.0 million ($0.28 per diluted common share) for the first quarter of 2020 and net income of $56.7 million ($1.19 per diluted common share) for the fourth quarter of 2020.

Sandy Spring Bank is pleased to release our first annual Corporate Responsibility Report for 2020. Companies are most successful when they operate for the benefit of all their stakeholders – clients, employees, suppliers, vendors and communities – and not just their owners and shareholders. This report goes beyond our financial...

For the first time, Sandy Spring Bank has been named one of America’s Best Banks by Forbes. The list ranks the 100 largest publicly traded banks and thrifts by assets on various metrics, including growth, credit quality and profitability. Sandy Spring Bank ranked 45 out of 100 banks and was the only Maryland-based bank to make the list.

The Washington Spirit and Sandy Spring Bank are proud to announce the renewal of their sponsorship agreement that will run through the end of 2023. Sandy Spring Bank remains the Official Banking Partner of the Spirit.

We hope you and your families are safe and well. As the distribution of COVID-19 vaccinations continues throughout our region, we want to provide an update on our phased approach to reopening.

Based on feedback provided by employees through a voluntary survey, Sandy Spring Bank has been certified as a Great Place to Work™.

Client Demand Drives Opening of New Full-Service Community Office Sandy Spring Bank today announced the opening of a new full-service community office at 647 New York Avenue in Washington, D.C. The branch, located near the Washington Convention Center and Mt. Vernon/7th Street/Convention Center Metro Station, will help meet the growing...

Nearly $9M in C-PACE Capital will be used for Prominent Baltimore City Multifamily Development Project.

Fourth Quarter Earnings Increase 27% over Prior Quarter and Drive Annual Net Income to $97.0 Million Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported record net income of $56.7 million ($1.19 per diluted common share) for the fourth quarter of 2020. The current quarter’s result compares to net income of $28.5 million ($0.80 per diluted common share) for the fourth quarter of 2019 and net income of $44.6 million ($0.94 per diluted common share) for the third quarter of 2020.

Our motto is real banking for real life, and this year has been about is real as it gets. For many of you, we know that this has been one of the most challenging years in your life or the history of your business. We are truly humbled that you put your trust in us. It has been our honor to serve you and to walk alongside you during these unprecedented times.