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Sandy Spring Bancorp Acquisition of WashingtonFirst Bankshares to Create Region’s Largest, Locally-Headquartered Community Bank

SANDY SPRING BANCORP (SASR)  More Company Research Source: GlobeNewswire
Last sandy spring bancorp earnings: 1/18 07:00 am Check Earnings Report
PDF OLNEY, Md., May 16, 2017 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc. (Nasdaq:SASR) (“Sandy Spring”), the parent company of Sandy Spring Bank, and WashingtonFirst Bankshares, Inc. (Nasdaq:WFBI) (”WashingtonFirst”), the parent company of WashingtonFirst Bank, jointly announced today they have entered into a definitive agreement for Sandy Spring to acquire the Virginia-based WashingtonFirst to create one of the premier banks in the Greater Washington, D.C. region. With combined assets of approximately $7.5 billion, the acquisition creates the largest, locally-headquartered community bank and brings together two well-known financial services brands that focus on providing remarkable client experiences, building lasting relationships and helping people and businesses reach their financial goals. While Sandy Spring Bank has served clients from Maryland, Virginia and Washington, D.C. since its inception nearly 150 years ago, the acquisition will significantly expand access for clients [Read more]

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