Sandy Spring Bancorp (SASR) Tops Q2 EPS by 3c

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Go back to Sandy Spring Bancorp (SASR) Tops Q2 EPS by 3c

Sandy Spring Bancorp Reports Net Income of $14.7 Million for the Second Quarter

July 20, 2017 7:00 AM EDT

OLNEY, Md., July 20, 2017 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq: SASR), the parent company of Sandy Spring Bank, today reported net income for the second quarter of 2017 of $14.7 million ($0.61 per diluted share) compared to net income of $10.6 million ($0.44 per diluted share) for the second quarter of 2016 and net income of $15.1 million ($0.63 per diluted share) for the first quarter of 2017.

The current quarter reflects strong core performance driven by loan and deposit growth.  We continue our efforts to create new and deepen existing client relationships to improve the... More