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SASR

Sandy Spring Bancorp

$36.10 /

-0.17 (-0.47%)

07:17
01/23/20
01/23
07:17
01/23/20
07:17

Sandy Spring Bancorp reports Q4 EPS 80c, two est. 79c

"We delivered a strong financial performance in 2019, which was our first full year following the successful integration of WashingtonFirst Bank. We rose to the occasion with record results and announced another wave of strategic expansion through the acquisitions of Revere Bank and Rembert Pendleton Jackson, a registered investment advisor headquartered in Falls Church, Virginia," said Daniel Schrider, President and CEO. "Throughout the year we adjusted our strategies in response to the competitive market and interest rate environment, while consistently growing deposits, delivering impressive fee-income growth, and staying laser focused on providing exceptional experiences for the individuals and businesses we serve. We finished the year on a high note and the momentum from our fourth quarter performance will serve us well in 2020." The Company had a total risk-based capital ratio of 14.85%, a common equity tier 1 risk-based capital ratio of 11.06%, a tier 1 risk-based capital ratio of 11.21% and a tier 1 leverage ratio of 9.70% at December 31, 2019. Book value per share was $32.40 as of Dec. 31, 2019.

  • 23

    Jan

  • 11

    Feb

SASR Sandy Spring Bancorp
$36.10 /

-0.17 (-0.47%)

09/26/19 Sandler O'Neill
Sandy Spring Bancorp upgraded to Buy after Revere Bank deal at Sandler O'Neill
09/26/19 Sandler O'Neill
Sandy Spring Bancorp upgraded to Buy from Hold at Sandler O'Neill

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