Sandy Spring Bancorp (SASR) Reports Q3 EPS of $0.76
Sandy Spring Bancorp (NASDAQ: SASR) reported Q3 EPS of $0.76, versus $0.80 reported last year. Revenue for the quarter came in at $67.59 million versus the consensus estimate of $66.34 million.
“As the largest locally-headquartered community bank, our success is evident in our record quarterly earnings and growth momentum,” said Daniel J. Schrider, President and Chief Executive Officer. “We are thriving in a highly competitive market and among our peer group. To continue to be a high-performing company, we will remain grounded in our core strengths: effectively funding the bank by deepening our client relationships and enhancing our funding strategies, driving robust loan growth, and managing expenses. All of these performance drivers have been key to this quarter’s strong results.”
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