Sandy Spring Bancorp (SASR) Misses Q3 EPS by 1c

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Go back to Sandy Spring Bancorp (SASR) Misses Q3 EPS by 1c

Sandy Spring Bancorp Reports Net Income of $15.1 Million for the Third Quarter

October 19, 2017 7:01 AM EDT

OLNEY, Md., Oct. 19, 2017 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq: SASR), the parent company of Sandy Spring Bank, today reported net income for the third quarter of 2017 of $15.1 million ($0.62 per diluted share) compared to net income of $13.5 million ($0.56 per diluted share) for the third quarter of 2016 and net income of $14.7 million ($0.61 per diluted share) for the second quarter of 2017.

Our solid core performance this quarter was once again driven by the loan and deposit growth that weve achieved over the past year. We continue to focus on... More