Sandy Spring Bancorp (NASDAQ:SASR) will be posting its quarterly earnings results before the market opens on Wednesday, January 17th. Analysts expect Sandy Spring Bancorp to post earnings of $0.62 per share for the quarter.
Sandy Spring Bancorp (NASDAQ:SASR) last released its quarterly earnings data on Thursday, October 19th. The bank reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.01). Sandy Spring Bancorp had a return on equity of 10.61% and a net margin of 24.31%. The business had revenue of $55.44 million during the quarter, compared to analyst estimates of $58.34 million. During the same period in the previous year, the company earned $0.56 EPS. On average, analysts expect Sandy Spring Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Sandy Spring Bancorp (NASDAQ:SASR) opened at $39.52 on Wednesday. Sandy Spring Bancorp has a 52-week low of $36.50 and a 52-week high of $45.64. The stock has a market cap of $936.23, a price-to-earnings ratio of 16.40 and a beta of 0.99. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.12.
ILLEGAL ACTIVITY NOTICE: This story was originally posted by BBNS and is owned by of BBNS. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://baseballnewssource.com/markets/sandy-spring-bancorp-sasr-set-to-announce-earnings-on-wednesday/1821815.html.
Sandy Spring Bancorp Company Profile
Sandy Spring Bancorp, Inc is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three segments: Community Banking, Insurance and Investment Management. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses.
Receive News & Ratings for Sandy Spring Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandy Spring Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.