Sandy Spring Bancorp: Q3 Earnings Snapshot

OLNEY, Md. (AP) — OLNEY, Md. (AP) — Sandy Spring Bancorp Inc. (SASR) on Tuesday reported net income of $20.7 million in its third quarter.

The bank, based in Olney, Maryland, said it had earnings of 46 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 62 cents per share.

The holding company for Sandy Spring Bank posted revenue of $179.8 million in the period. Its revenue net of interest expense was $102.5 million, falling short of Street forecasts.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SASR at

Copyright © 2023 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.