News & Events:SASR

Sandy Spring Bancorp Inc (SASR): * PRESS RELEASE - SANDY SPRING BANCORP SELLS INSURANCE BUSINESS. * SANDY SPRING BANCORP INC SAYS TERMS OF TRANSACTION WERE NOT DISCLOSED Source text for Eikon: Further company coverage:

Sandy Spring Bancorp, Inc. (SASR), the parent company of Sandy Spring Bank, today announced it has sold its insurance business to Hub International Limited, a leading global insurance brokerage and financial services firm. “Our clients will now have access to an expanded offering of insurance solutions through Hub,” said Lou Caceres, Executive Vice President of Sandy Spring Bank.

Sandy Spring Bank announced today that Aaron Kaslow has been promoted to Chief Administrative Officer. Image: Aaron Kaslow. “We must always look for ways to align our organization and leverage our people, including our executives,” said Daniel J. Schrider, President and CEO of Sandy Spring Bank. Kaslow joined Sandy Spring Bank in September 2019.

Sandy Spring Bank announced today the promotion of Sherman W. Moore to Division Executive of the Sandy Spring Private Client Group.

Monday marks the last chance for investors to receive the next dividend payout from Sandy Spring Bancorp. The company announced on Thursday that it would pay shareholders a quarterly dividend of $0.34 per share. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday.

Sandy Spring Bancorp, Inc. (SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.34 per share payable on May 18, 2022 to shareholders of record on May 11, 2022.

For United Airlines Holdings Inc, Argus Research upgraded the previous rating of Hold to Buy. Argus Research upgraded the previous rating for American Airlines Group Inc from Hold to Buy. For SVB Financial Group, Janney Montgomery Scott upgraded the previous rating of Neutral to Buy. For The AZEK Co Inc, Citigroup upgraded the previous rating of Neutral to Buy.

= Sandy Spring Bancorp reported its Q1 earnings results on Thursday, April 21, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Sandy Spring Bancorp beat estimated earnings by 4.21%, reporting an EPS of $0.99 versus an estimate of $0.95. Revenue was down $3.15 million from the same period last year.

Sandy Spring Bancorp Inc (SASR): * SANDY SPRING BANCORP REPORTS FIRST QUARTER EARNINGS OF $43.9 MILLION. * Q1 CORE EARNINGS PER SHARE $0.99. * Q1 EARNINGS PER SHARE $0.96. * SANDY SPRING BANCORP (SASR)- RECORDED NET INCOME OF $43.9 MILLION FOR THREE MONTHS ENDED MARCH 31, 2022, COMPARED TO NET INCOME OF $75.5 MILLION FOR PRIOR YEAR QUARTER.

Sandy Spring Bancorp, Inc. (SASR), the parent company of Sandy Spring Bank, reported net income of $43.9 million for the quarter ended March 31, 2022, compared to net income of $75.5 million for the first quarter of 2021 and $45.4 million for the fourth quarter of 2021.

  ** Heritage Financial is likely to report quarterly earnings at $0.37 per share on revenue of $53.22 million. ** Home BancShares is likely to report quarterly earnings at $0.38 per share on revenue of $161.39 million. ** OFG Bancorp is expected to report quarterly earnings at $0.63 per share on revenue of $109.09 million.

Sandy Spring Bancorp is set to give its latest quarterly earnings report on Thursday, 2022-04-21. Analysts estimate that Sandy Spring Bancorp will report an earnings per share of $0.95. Sandy Spring Bancorp bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

Sandy Spring Bancorp, Inc. (SASR) will announce its first quarter earnings on Thursday, April 21, 2022. About Sandy Spring Bancorp, Inc. (SASR) Sandy Spring Bancorp, Inc. (SASR), headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. Category: Webcast Source: Sandy Spring Bancorp, Inc.Code: SASR-C Image: Primary Logo.

Sandy Spring Bancorp, Inc. (SASR), the parent company of Sandy Spring Bank, today announced that the Company’s board of directors has authorized the repurchase of up to $50 million of the Company's common stock.

Sandy Spring Bank was ranked fifth in S&P Global Market Intelligence’s annual rankings for top-performing banks and credit unions. “Sandy Spring Bank became a more than $10 billion company just two years ago, so we are honored to already be at the top of our class,” said Daniel J. Schrider, President and CEO of Sandy Spring Bank.

For Procter & Gamble Co, Truist Securities upgraded the previous rating of Hold to Buy. B of A Securities upgraded the previous rating for Univar Solutions Inc from Underperform to Buy. Raymond James upgraded the previous rating for Manhattan Associates Inc from Market Perform to Outperform. According to B of A Securities, the prior rating for Ecolab Inc was changed from Neutral to Buy.

Sandy Spring Bancorp (SASR), Inc. , the holding company for Sandy Spring Bank, today announced that it has priced an underwritten public offering of $200 million aggregate principal amount of its fixed-to-floating rate subordinated notes due 2032. Piper Sandler & Co. is acting as sole bookrunning manager and Stephens Inc. is acting as co-manager.

Sandy Spring Bank has been named a top five bank by Forbes on its 2022 America’s Best Banks list. “We are pleased to be named one of the top banks in the U.S. This recognition comes on the heels of a record year for our Company, and it is a testament to our success in the marketplace and the trust our clients have in us,” said Daniel J. Schrider, President and CEO.

Sandy Spring Bancorp, Inc. (SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.34 per share payable on February 28, 2022 to shareholders of record on February 18, 2022.

Sandy Spring Bancorp, Inc. (SASR), the parent company of Sandy Spring Bank, reported net income of $45.4 million for the quarter ended December 31, 2021. Core earnings were $47.8 million, compared to $55.7 million for the quarter ended December 31, 2020 and $52.0 million for the quarter ended September 30, 2021.