Sandy Spring Bancorp Inc

Company Profile

Sandy Spring Bancorp Inc had its IPO on 1996-04-17 under the ticker symbol SASR.

The company operates in the Financial Services sector and Banks-Regional industry. Sandy Spring Bancorp Inc has a staff strength of 1,134 employees.

Stock update

Shares of Sandy Spring Bancorp Inc opened at $21.36 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $21.28 - $21.61, and closed at $21.32.

This is a -0.37% slip from the previous day's closing price.

A total volume of 142,191 shares were traded at the close of the day’s session.

In the last one week, shares of Sandy Spring Bancorp Inc have slipped by -5.83%.

Sandy Spring Bancorp Inc's Key Ratios

Sandy Spring Bancorp Inc has a market cap of $960.06 million, indicating a price to book ratio of 1.0686 and a price to sales ratio of 2.9926.

In the last 12-months Sandy Spring Bancorp Inc’s revenue was $458.47 million with a gross profit of $479.65 million and an EBITDA of $0. The EBITDA ratio measures Sandy Spring Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sandy Spring Bancorp Inc’s operating margin was 44.83% while its return on assets stood at 1.05% with a return of equity of 9.52%.

In Q2, Sandy Spring Bancorp Inc’s quarterly earnings growth was a negative -54.5% while revenue growth was a negative 25.7%.

Sandy Spring Bancorp Inc’s PE and PEG Ratio

Forward PE

10.101

Trailing PE

6.6875

PEG

1.0138

Its diluted EPS in the last 12-months stands at $3.2 per share while it has a forward price to earnings multiple of 10.101 and a PEG multiple of 1.0138. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sandy Spring Bancorp Inc’s profitability.

Sandy Spring Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.9926.

Sandy Spring Bancorp Inc stock pays annual dividends of $1.36 per share, indicating a yield of 6.31% and a payout ratio of 41.59%.

Balance sheet and cash flow metrics

Total Assets

$13.99 billion

Total Liabilities

$151.58 million

Operating Cash Flow

$72.05 million

Capital Expenditure

$3.50 million

Dividend Payout Ratio

41.59%

Sandy Spring Bancorp Inc ended 2024 with $13.99 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.99 billion while shareholder equity stood at $1.54 billion.

Sandy Spring Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $151.58 million in other current liabilities, 44862000.00 in common stock, $882.06 million in retained earnings and $363.44 million in goodwill. Its cash balance stood at $429.89 million and cash and short-term investments were $1.57 billion. The company’s total short-term debt was $0 while long-term debt stood at $970.50 million.

Sandy Spring Bancorp Inc’s total current assets stands at $1.62 billion while long-term investments were $1.46 billion and short-term investments were $1.14 billion. Its net receivables were $42.39 million compared to accounts payable of $151.58 million and inventory worth $0.

In 2024, Sandy Spring Bancorp Inc's operating cash flow was $72.05 million while its capital expenditure stood at $3.50 million.

Comparatively, Sandy Spring Bancorp Inc paid $0.42 in dividends in 2024.

Other key metrics

Current Trading Price

$21.32

52-Week High

$38.1647

52-Week Low

$19.1974

Analyst Target Price

$26.75

Sandy Spring Bancorp Inc stock is currently trading at $21.32 per share. It touched a 52-week high of $38.1647 and a 52-week low of $38.1647. Analysts tracking the stock have a 12-month average target price of $26.75.

Its 50-day moving average was $23.09 and 200-day moving average was $26.72 The short ratio stood at 2 indicating a short percent outstanding of 0%.

Around 321.8% of the company’s stock are held by insiders while 7016.4% are held by institutions.