Sandy Spring Bancorp Inc

Overview

Sandy Spring Bancorp Inc (Sandy Spring) is the holding company for Sandy Spring Bank (the bank). The Bank offers commercial banking, retail banking, mortgage, and trust services through a network of community offices in Central Maryland, Northern Virginia, and Washington DC. Sandy Spring offers personal services which include checking, debit cards, home equity loans, and other loans, and deposit products It also operates as lending and other business services. Sandy Spring, through Sandy Spring Insurance Corporation and West Financial Services Inc, offers a comprehensive menu of insurance and investment management services. The company operates in the US. Sandy Spring is headquartered in Olney, Maryland, the US.
Key Stats
Address
17801 GEORGIA AVE, OLNEY, Maryland
Headquarters

United States of America

Contact

1 301 7746400

No of Employees

1,152

Industry

Financial Services

Ticker Symbol & Exchange​

SASR [NASD]

Revenue (2020)

$526 m

25.5% (2020 vs 2019)
Net Income (2020)

$97 m

-16.7% (2020 vs 2019)
Net Profit Margin

18 %

-33.7% (2020 vs 2019)
Market Cap *

$1,978 m

EPS *

$2.2

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Sandy Spring Bancorp IncFirst Bancorp.Atlantic Union Bankshares CorpFirst Financial Bancorp
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City OLNEY SAN JUAN RICHMOND CINCINNATI
Headquarter State/Province Maryland - Virginia Ohio
No. of Employees 1,152 3,317 1,879 2,107
Entity Type Public Public Public Public

Products & Services

Sandy Spring operates as a bank holding company. The key services of the company include the following:

Services
  • Community Banking:
  • Personal Banking
  • Business and Commercial Banking
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Kevin Slane Executive Vice President; Chief Risk Officer Senior Management 2018 61 Mr. Kevin Slane has been the Executive Vice President and Chief Risk Officer of the Bank since May 2018. Previously,...
Ronda M McDowell Executive Vice President - Sandy Spring Bank; Chief Credit Officer Senior Management 2013 55 Ms. Ronda M McDowell has been the Chief Credit Officer and Executive Vice President at Sandy Spring Bank, a subsidiary...
Joseph J O'Brien Executive Vice President - Sandy Spring Bank; Chief Banking Officer Senior Management 2011 57 Mr. Joseph J O'Brien has been the Executive Vice President and Chief Banking Officer at Sandy Spring Bank, a subsidiary...
John D Sadowski Chief Information Officer - Sandy Spring Bank; Executive Vice President - Sandy Spring Bank Senior Management 2011 56 Mr. John D Sadowski has been the Chief Information Officer and Executive Vice President at Sandy Spring Bank, a subsidiary...
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History

Year Event Description
2020 Contracts/Agreements In February, the company acquired Rembert Pendleton Jackson, an investment and financial advisory firm.
2020 Acquisitions/Mergers/Takeovers In April, the company acquired Revere Bank, a commercial bank.
2019 Corporate Awards In December, the company has been named a 2019 Top Workplace by The Baltimore Sun.
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2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Sandy Spring Bank

Address

17801 Georgia Avenue, Olney
United States of America

Telephone

1 800 399 5919

Website

www.sandyspringbank.com
Revere Bank

Address

319 Main Street, Laurel
United States of America

Telephone

1 240 264 5440

Website

www.reverebank.com

Deals

Number of Deals
Deal Value (US$ m)