Sandy Spring Bancorp (SASR) Misses Q4 EPS by 7c

Sandy Spring Bancorp (NASDAQ: SASR) reported Q4 EPS of $0.36, $0.07 worse than the analyst estimate of $0.43.

"Considering the impact on operating results of the items mentioned above, the Company produced solid core results in 2014 driven by notable growth in its loan and deposit portfolios and the strong performance of its wealth management business. We are proud of our accomplishments considering the market volatility and extremely competitive environment that existed throughout the year," said Daniel J. Schrider, President and Chief Executive Officer.

"Looking to the future, we are making appropriate investments in our client-facing facilities and systems as we adapt our delivery channels to the preferences of our clients. We anticipate this will provide the opportunity for further growth in our franchise while we continue to render outstanding service to our clients," said Schrider.

For earnings history and earnings-related data on Sandy Spring Bancorp (SASR) click here.

You May Also Be Interested In

• Philip Morris (PM) beats Q1 earnings, revenue estimates; issues upbeat guidance
• NextEra Energy (NEE) Tops Q1 EPS by 16c, provides guidance
• FirstEnergy Corp. (FE) PT Raised to $35 at BofA Securities