Sandy Spring Bancorp Reports Net Income of $28.3 Million for the Second Quarter
Sandy Spring Bancorp, Inc. (SASR)
Last sandy spring bancorp, inc. earnings: 4/23 07:00 am
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/100651
Company Research
Source: GlobeNewswire
OLNEY, Md., July 18, 2019 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income for the second quarter of 2019 of $28.3 million ($0.79 per diluted share) compared to net income of $24.4 million ($0.68 per diluted share) for the second quarter of 2018 and net income of $30.3 million ($0.85 per diluted share) for the first quarter of 2019. The prior year’s earnings for the second quarter contained $2.2 million in merger expenses, while the prior quarter contained a $1.8 million interest recovery from acquired impaired loans, a credit versus a provision for loan losses and $0.6 million in life insurance mortality proceeds. There were no similar items in the current quarter’s earnings. “We continue to deliver a consistent performance and steady year-over-year earnings, allowing us to once again increase dividends in the second quarter,” said Daniel J. Schrider, President and Chief Executive Officer. “We grew deposit
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News
- Sandy Spring Bancorp (NASDAQ:SASR) Is Paying Out A Dividend Of $0.34 [Yahoo! Finance]Yahoo! Finance
- Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]Yahoo! Finance
- Sandy Spring Bancorp, Inc. (NASDAQ: SASR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Sandy Spring Bancorp Declares Quarterly DividendGlobeNewswire
- Sandy Spring Bancorp, Inc. (NASDAQ: SASR) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $25.00 price target on the stock.MarketBeat
SASR
Earnings
- 4/23/24 - Miss
SASR
Sec Filings
- 4/23/24 - Form 8-K
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- SASR's page on the SEC website