Sandy Spring Bancorp (NASDAQ:SASR) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, October 17th. Analysts expect the company to announce earnings of $0.80 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Sandy Spring Bancorp (NASDAQ:SASR) last released its quarterly earnings data on Thursday, July 18th. The bank reported $0.79 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.79. Sandy Spring Bancorp had a net margin of 27.80% and a return on equity of 10.14%. The business had revenue of $82.74 million during the quarter, compared to analysts’ expectations of $82.39 million. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts expect Sandy Spring Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
SASR opened at $33.23 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.55. Sandy Spring Bancorp has a 12 month low of $29.83 and a 12 month high of $38.84. The company has a fifty day simple moving average of $34.03 and a 200 day simple moving average of $34.04. The stock has a market cap of $1.18 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.40 and a beta of 0.84.
About Sandy Spring Bancorp
Sandy Spring Bancorp, Inc operates as the bank holding company for Sandy Spring Bank that provides commercial banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington DC The company operates in three segments: Community Banking, Insurance, and Investment Management.
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