Sandy Spring Bancorp (SASR) Tops Q1 EPS by 4c

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Go back to Sandy Spring Bancorp (SASR) Tops Q1 EPS by 4c

Sandy Spring Bancorp Reports First Quarter Earnings of $43.9 Million

April 21, 2022 7:00 AM EDT

OLNEY, Md., April 21, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $43.9 million ($0.96 per diluted common share) for the quarter ended March 31, 2022, compared to net income of $75.5 million ($1.58 per diluted common share) for the first quarter of 2021 and $45.4 million ($0.99 per diluted common share) for the fourth quarter of 2021.

Current quarter core earnings were $45.1 million ($0.99 per diluted common share), compared to $83.5 million ($1.76 per diluted common share) for the quarter ended March 31, 2021 and $46.6 million ($1.02 per diluted common share) for the quarter ended December 31, 2021. Core earnings are... More