Sandy Spring Bancorp (SASR) Misses Q4 EPS by 4c

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Go back to Sandy Spring Bancorp (SASR) Misses Q4 EPS by 4c

Sandy Spring Bancorp Reports Record Annual Earnings of $235.1 Million

January 20, 2022 7:00 AM EST

OLNEY, Md., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $45.4 million ($0.99 per diluted common share) for the quarter ended December 31, 2021. The current quarter compares to $56.7 million ($1.19 per diluted common share) for the fourth quarter of 2020 and net income of $57.0 million ($1.20 per diluted common share) for the third quarter of 2021.

Core earnings were $47.8 million ($1.05 per diluted common share), compared to $55.7 million ($1.18 per diluted common share) for the quarter ended December 31, 2020 and $52.0 million ($1.10 per diluted common share) for the quarter ended September 30, 2021. The... More