Sandy Spring Bancorp (SASR) Reports Q4 EPS of $0.72

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Go back to Sandy Spring Bancorp (SASR) Reports Q4 EPS of $0.72

Sandy Spring Bancorp Announces Record Annual Earnings

January 17, 2019 7:00 AM EST

OLNEY, Md., Jan. 17, 2019 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income for the fourth quarter of 2018 of $25.6 million ($0.72 per diluted share) compared to net income of $8.3 million ($0.34 per diluted share) for the fourth quarter of 2017 and net income of $29.2 million ($0.82 per diluted share) for the third quarter of 2018.  The previous quarters pre-tax results included $2.0 million of recovered interest and $0.6 million in merger expenses.  The third quarters net income excluding the after-tax impact of these items would have been $28.2 million or $0.79 per diluted share. The prior... More