Download PDF

1. Company Snapshot

1.a. Company Description

Sandy Spring Bancorp, Inc.operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses.It operates through three segments: Community Banking, Insurance, and Investment Management.


The Community Banking segment offers financial products and services, including various loan and deposit products.Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit.The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines.


The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations.It also provides personal trust and wealth management services.The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc.


was founded in 1868 and is headquartered in Olney, Maryland.

Show Full description

1.b. Last Insights on SASR

Sandy Spring Bancorp's recent performance was negatively impacted by a goodwill impairment charge of $54.4 million, resulting in a net loss of $39.5 million in Q4 2024. This non-cash charge, stemming from the annual goodwill impairment test, overshadowed the company's quarterly dividend declaration of $0.34 per share. Furthermore, the earnings miss, with a quarterly earnings of $0.47 per share, falling short of the Zacks Consensus Estimate of $0.48 per share, contributed to the negative sentiment.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

Arista Advanced Pet Care Celebrates Strong Start in Sandy Springs and Collaboration with Peacock Partnership

Sep -23

Source: businesswire.com

Card image cap

Atlantic Union Bankshares Corporation and Sandy Spring Bancorp, Inc. Announce Receipt of All Shareholder and Bank Regulatory Approvals to Complete Merger

Feb -05

Source: businesswire.com

Card image cap

Sandy Spring Bancorp Declares Quarterly Dividend

Jan -30

Source: globenewswire.com

Card image cap

Sandy Spring Bancorp (SASR) Q4 Earnings Lag Estimates

Jan -28

Source: zacks.com

Card image cap

Sandy Spring Bancorp Announces Fourth Quarter Results

Jan -28

Source: globenewswire.com

Card image cap

Sandy Spring Bancorp, Inc. to Release Fourth Quarter 2024 Earnings on January 28, 2025

Jan -14

Source: globenewswire.com

Card image cap

Atlantic Union Bankshares Corporation and Sandy Spring Bancorp, Inc. Announce Receipt of Federal Reserve Approvals to Complete Mergers

Jan -13

Source: businesswire.com

Card image cap

Shareholder Alert: Ademi LLP Investigates Whether Sandy Spring Bancorp Is Obtaining a Fair Price for Its Public Shareholders

Oct -29

Source: businesswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Commercial Banking, Retail Banking, mortgage Services, and Trust Services

Expected Growth: 4.5%

Sandy Spring Bancorp's growth is driven by increasing demand for commercial and retail banking services, expansion of mortgage services, and growing wealth management needs. Strong economic growth, low unemployment, and rising interest rates also contribute to the growth.

7. Detailed Products

Commercial Banking

Provides financial solutions to businesses, including cash management, lending, and treasury management services

Retail Banking

Offers personal banking services, including checking and savings accounts, credit cards, and personal loans

Mortgage Banking

Provides mortgage lending services to individuals and businesses, including residential and commercial mortgages

Wealth Management

Offers investment and wealth management services, including financial planning, investment management, and trust services

Insurance

Provides insurance products, including life insurance, disability insurance, and long-term care insurance

8. Sandy Spring Bancorp, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Sandy Spring Bancorp, Inc. is medium due to the presence of alternative financial institutions and digital payment platforms.

Bargaining Power Of Customers

The bargaining power of customers for Sandy Spring Bancorp, Inc. is low due to the lack of concentration of buyers and the availability of multiple banking options.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Sandy Spring Bancorp, Inc. is medium due to the presence of multiple suppliers and the moderate level of dependence on them.

Threat Of New Entrants

The threat of new entrants for Sandy Spring Bancorp, Inc. is low due to the high barriers to entry in the banking industry and the need for significant capital and regulatory approvals.

Intensity Of Rivalry

The intensity of rivalry for Sandy Spring Bancorp, Inc. is high due to the presence of multiple competitors in the banking industry and the need to differentiate itself through innovative products and services.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 44.93%
Debt Cost 4.48%
Equity Weight 55.07%
Equity Cost 8.61%
WACC 6.76%
Leverage 81.59%

11. Quality Control: Sandy Spring Bancorp, Inc. passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
EFSC

A-Score: 6.5/10

Value: 6.5

Growth: 7.2

Quality: 6.9

Yield: 4.0

Momentum: 7.0

Volatility: 7.7

1-Year Total Return ->

View Full Report
Stock-Card
Virginia National Bankshares

A-Score: 6.3/10

Value: 6.4

Growth: 5.6

Quality: 7.2

Yield: 7.0

Momentum: 5.0

Volatility: 6.7

1-Year Total Return ->

View Full Report
Stock-Card
Mid Penn Bancorp

A-Score: 5.8/10

Value: 6.4

Growth: 3.8

Quality: 6.8

Yield: 6.0

Momentum: 4.0

Volatility: 7.7

1-Year Total Return ->

View Full Report
Stock-Card
Union Bankshares

A-Score: 4.8/10

Value: 5.1

Growth: 4.8

Quality: 4.6

Yield: 5.0

Momentum: 3.5

Volatility: 6.0

1-Year Total Return ->

View Full Report
Stock-Card
Sandy Spring Bancorp

A-Score: 4.7/10

Value: 5.3

Growth: 3.3

Quality: 5.2

Yield: 6.0

Momentum: 3.0

Volatility: 5.7

1-Year Total Return ->

View Full Report
Stock-Card
HMN Financial

A-Score: 3.9/10

Value: 3.9

Growth: 2.8

Quality: 7.5

Yield: 1.0

Momentum: 5.0

Volatility: 3.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

27.95$

Current Price

27.95$

Potential

-0.00%

Expected Cash-Flows