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SASR

Sandy Spring Bancorp

$42.28

Earnings Summary

Revenue
$124.5Mn
Net Profits
$54.8Mn
Net Profit Margins
44.02%
PE Ratio
9.7

Highlights

Revenue:

Sandy Spring Bancorp’s revenue fell -7.3% since last year same period to $124.5Mn in the Q2 2022. On a quarterly growth basis, Sandy Spring Bancorp has generated 2.01% jump in its revenue since last 3-months.

Net Profits:

Sandy Spring Bancorp’s net profit fell -4.3% since last year same period to $54.8Mn in the Q2 2022. On a quarterly growth basis, Sandy Spring Bancorp has generated 24.73% jump in its net profits since last 3-months.

Net Profit Margins:

Sandy Spring Bancorp’s net profit margin jumped 3.24% since last year same period to 44.02% in the Q2 2022. On a quarterly growth basis, Sandy Spring Bancorp has generated 22.28% jump in its net profit margins since last 3-months.

PE Ratio:

Sandy Spring Bancorp’s price-to-earnings ratio after this Q2 2022 earnings stands at 9.7.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Sandy Spring Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
0.97
EPS Estimate Current Year
0.97

Highlights

EPS Estimate Current Quarter:

Sandy Spring Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.97 - a 2.11% jump from last quarter’s estimates.

EPS Estimate Current Year:

Sandy Spring Bancorp’s earning per share (EPS) estimates for the current year stand at 0.97.

Key Ratios

Key ratios of the Sandy Spring Bancorp post its Q2 2022 earnings

Earning Per Share (EPS)
0.93
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
1.32

Highlights

Earning Per Share (EPS):

Sandy Spring Bancorp’s earning per share (EPS) fell -21.85% since last year same period to 0.93 in the Q2 2022. This indicates that the Sandy Spring Bancorp has generated -21.85% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Sandy Spring Bancorp’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Sandy Spring Bancorp’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Sandy Spring Bancorp declared 1.32 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.95
0.93
-2.11%
2022-05-06
0.95
0.96
1.05%

Company Information

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. With over 60 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Northern Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson, Sandy Spring Insurance Corporation and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of insurance and wealth management services.

Organisation
Sandy Spring Bancorp
Employees
1.13K
Industry
Finance