Sandy Spring Bancorp Reports a 40% Increase in Net Income for the First Quarter of 2019

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Go back to Sandy Spring Bancorp Reports a 40% Increase in Net Income for the First Quarter of 2019

Sandy Spring Bancorp (SASR) Tops Q1 EPS by 11c

April 18, 2019 7:03 AM EDT

Sandy Spring Bancorp (NASDAQ: SASR) reported Q1 EPS of $0.85, $0.11 better than the analyst estimate of $0.74.

First Quarter Highlights:

Total assets grew by 5% while loans and deposits grew by 8% and 11%, respectively, compared to the prior year.First quarter results reflected an annualized return on average assets of 1.49% and annualized return on average common equity of 11.46% as compared to 1.12% and 8.70% respectively for the first quarter of... More