Sandy Financial Statements From 2010 to 2024

SASR Stock  USD 34.00  0.77  2.32%   
Sandy Spring financial statements provide useful quarterly and yearly information to potential Sandy Spring Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sandy Spring financial statements helps investors assess Sandy Spring's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sandy Spring's valuation are summarized below:
Gross Profit
479.7 M
Profit Margin
0.2188
Market Capitalization
1.5 B
Enterprise Value Revenue
5.9648
Revenue
390.7 M
There are over one hundred nineteen available fundamental trend indicators for Sandy Spring Bancorp, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to double-check Sandy Spring's current fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 12/23/2024, Market Cap is likely to grow to about 1.5 B. Also, Enterprise Value is likely to grow to about 1.5 B

Sandy Spring Total Revenue

440.3 Million

Check Sandy Spring financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sandy Spring's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.1 M, Interest Expense of 297.1 M or Selling General Administrative of 180.3 M, as well as many indicators such as Price To Sales Ratio of 4.6, Dividend Yield of 0.0526 or PTB Ratio of 0.73. Sandy financial statements analysis is a perfect complement when working with Sandy Spring Valuation or Volatility modules.
  
Check out the analysis of Sandy Spring Correlation against competitors.

Sandy Spring Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets14.7 B14 B7.8 B
Slightly volatile
Short and Long Term Debt Total637.9 M920.8 M811.6 M
Slightly volatile
Total Current Liabilities3.1 BB680.7 M
Pretty Stable
Total Stockholder Equity1.7 B1.6 B904.6 M
Slightly volatile
Property Plant And Equipment Net49.1 M59.5 M52.1 M
Slightly volatile
Retained Earnings943.2 M898.3 M472.9 M
Slightly volatile
Cash101.9 M82.3 M134.6 M
Slightly volatile
Non Current Assets Total989.4 M1.8 B1.2 B
Slightly volatile
Other Assets12.1 B11.5 B7.2 B
Slightly volatile
Cash And Short Term Investments78.1 M82.3 M822.6 M
Slightly volatile
Net Receivables48.9 M46.6 M24.3 M
Slightly volatile
Common Stock Total Equity53.9 M51.4 M32.4 M
Slightly volatile
Common Stock Shares Outstanding25 M44.9 M30.8 M
Slightly volatile
Liabilities And Stockholders Equity14.7 B14 B7.8 B
Slightly volatile
Non Current Liabilities Total13 B12.4 B2.2 B
Slightly volatile
Other Stockholder Equity779.4 M742.2 M422.5 M
Slightly volatile
Total Liabilities13.1 B12.4 B6.9 B
Slightly volatile
Property Plant And Equipment Gross153.8 M146.4 M75.8 M
Slightly volatile
Total Current Assets685.3 M721.3 M2.6 B
Pretty Stable
Short Term Debt71.3 M75 M481.4 M
Pretty Stable
Common Stock25.6 M44.9 M30.1 M
Slightly volatile
Accounts Payable168 M176.8 M254.2 M
Slightly volatile
Other Liabilities80.8 M76.9 M44.5 M
Slightly volatile
Long Term Debt966.8 M920.8 M532 M
Slightly volatile
Short Term Investments579.9 M1.1 B865.6 M
Slightly volatile
Other Current Assets562.9 M592.5 M1.9 B
Slightly volatile
Intangible Assets29.7 M28.3 M12.6 M
Slightly volatile
Property Plant Equipment54.3 M77.1 M54.8 M
Slightly volatile
Good Will438.8 M418 M216.5 M
Slightly volatile
Net Tangible Assets734.2 M1.3 B676.2 M
Slightly volatile
Long Term Debt Total1.5 B1.4 B410.5 M
Slightly volatile
Capital Surpluse459.9 M844.4 M418.4 M
Slightly volatile
Long Term Investments1.7 B1.3 B2.2 B
Slightly volatile
Non Current Liabilities Other200.6 M176.8 M178 M
Pretty Stable
Short and Long Term Debt146.6 M154.3 M301 M
Pretty Stable
Earning Assets1.1 B1.4 BB
Slightly volatile
Net Invested Capital2.2 B2.5 B1.7 B
Slightly volatile
Capital Stock46.2 M44.9 M38.8 M
Slightly volatile

Sandy Spring Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization23.1 M22 M6.6 M
Slightly volatile
Interest Expense297.1 M283 M70.3 M
Slightly volatile
Selling General Administrative180.3 M171.7 M101.8 M
Slightly volatile
Total Revenue440.3 M419.3 M286.6 M
Slightly volatile
Gross Profit440.3 M419.3 M286.6 M
Slightly volatile
Other Operating Expenses440.3 M419.3 M119 M
Slightly volatile
Operating Income112.5 M164.1 M135.9 M
Slightly volatile
EBIT110.6 M164.1 M132.3 M
Slightly volatile
EBITDA116.6 M186.1 M137.7 M
Slightly volatile
Income Before Tax172.3 M164.1 M116.4 M
Slightly volatile
Net Income129 M122.8 M85 M
Slightly volatile
Income Tax Expense43.4 M41.3 M31.4 M
Slightly volatile
Selling And Marketing Expenses2.9 M5.1 M3.4 M
Slightly volatile
Cost Of Revenue40 M65.4 M47 M
Slightly volatile
Net Income Applicable To Common Shares200.8 M191.2 M95 M
Slightly volatile
Net Income From Continuing Ops100.3 M122.8 M84.5 M
Slightly volatile
Tax Provision42.8 M41.3 M33.5 M
Slightly volatile
Net Interest Income311.9 M354.6 M237 M
Slightly volatile
Interest Income391.4 M637.5 M292.4 M
Slightly volatile
Reconciled Depreciation13.9 M22 M10.5 M
Slightly volatile

Sandy Spring Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow130 M123.8 M98.9 M
Slightly volatile
Begin Period Cash Flow105.6 M192.2 M135.2 M
Slightly volatile
Other Cashflows From Financing Activities92.6 M97.5 M1.6 B
Pretty Stable
Depreciation8.5 M5.2 M9.4 M
Slightly volatile
Dividends Paid64.2 M61.2 M34.1 M
Slightly volatile
Capital Expenditures14.7 M14 M7.9 M
Slightly volatile
Total Cash From Operating Activities144.7 M137.8 M106.7 M
Slightly volatile
Net Income129 M122.8 M85 M
Slightly volatile
End Period Cash Flow573.2 M545.9 M197.5 M
Slightly volatile
Stock Based CompensationM7.6 M3.4 M
Slightly volatile
Issuance Of Capital Stock2.8 M2.5 M1.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.62.91184.5519
Slightly volatile
Dividend Yield0.05260.05010.0324
Slightly volatile
PTB Ratio0.730.76881.178
Pretty Stable
Days Sales Outstanding61.8440.546961.3629
Slightly volatile
Book Value Per Share37.235.429825.6346
Slightly volatile
Free Cash Flow Yield0.06380.10140.1023
Slightly volatile
Operating Cash Flow Per Share1.863.07453.0285
Slightly volatile
Stock Based Compensation To Revenue0.01910.01820.0106
Slightly volatile
Capex To Depreciation2.812.6771.0397
Slightly volatile
PB Ratio0.730.76881.178
Pretty Stable
EV To Sales7.484.91156.8203
Slightly volatile
Free Cash Flow Per Share1.622.76262.796
Slightly volatile
ROIC0.04560.0480.0718
Pretty Stable
Net Income Per Share1.422.74052.2859
Slightly volatile
Sales General And Administrative To Revenue0.470.40950.5144
Slightly volatile
Capex To Revenue0.0660.03330.0556
Slightly volatile
Cash Per Share27.7626.434828.7366
Slightly volatile
POCF Ratio8.428.85999.5223
Pretty Stable
Interest Coverage0.550.583.7369
Very volatile
Payout Ratio0.30.49790.3932
Pretty Stable
Capex To Operating Cash Flow0.09640.10150.0836
Pretty Stable
PFCF Ratio10.359.860310.5244
Pretty Stable
Income Quality0.961.12191.4206
Slightly volatile
ROE0.110.07740.0948
Pretty Stable
EV To Operating Cash Flow14.214.944515.3262
Very volatile
PE Ratio16.379.939713.4948
Pretty Stable
Return On Tangible Assets0.00830.0090.0108
Pretty Stable
EV To Free Cash Flow13.8216.631916.7871
Very volatile
Earnings Yield0.0510.10060.078
Very volatile
Intangibles To Total Assets0.0170.02790.0246
Slightly volatile
Current Ratio8.058.4761.8158
Slightly volatile
Tangible Book Value Per Share28.0326.690619.7409
Slightly volatile
Receivables Turnover7.929.001911.8954
Very volatile
Graham Number49.0846.740436.7156
Slightly volatile
Shareholders Equity Per Share37.235.429825.6346
Slightly volatile
Debt To Equity0.580.61130.8879
Slightly volatile
Capex Per Share0.320.31190.2379
Slightly volatile
Revenue Per Share5.89.3557.9661
Slightly volatile
Interest Debt Per Share20.527.970522.3704
Very volatile
Debt To Assets0.06570.06920.1012
Slightly volatile
Enterprise Value Over EBITDA6.028.8714.514
Slightly volatile
Short Term Coverage Ratios0.340.330.2949
Pretty Stable
Price Earnings Ratio16.379.939713.4948
Pretty Stable
Price Book Value Ratio0.730.76881.178
Pretty Stable
Dividend Payout Ratio0.30.49790.3932
Pretty Stable
Price To Operating Cash Flows Ratio8.428.85999.5223
Pretty Stable
Price To Free Cash Flows Ratio10.359.860310.5244
Pretty Stable
Pretax Profit Margin0.450.39140.538
Slightly volatile
Ebt Per Ebit0.340.690.6638
Pretty Stable
Operating Profit Margin0.370.39140.9268
Slightly volatile
Effective Tax Rate0.220.25160.2867
Slightly volatile
Company Equity Multiplier11.158.83318.9517
Very volatile
Long Term Debt To Capitalization0.280.37940.4129
Pretty Stable
Total Debt To Capitalization0.610.37940.4598
Slightly volatile
Return On Capital Employed0.01110.01170.0207
Slightly volatile
Debt Equity Ratio0.580.61130.8879
Slightly volatile
Ebit Per Revenue0.370.39140.9268
Slightly volatile
Quick Ratio9.359.8462.5776
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.921.83412.9147
Slightly volatile
Net Income Per E B T0.790.74840.7139
Slightly volatile
Cash Ratio0.941.122.1381
Slightly volatile
Operating Cash Flow Sales Ratio0.450.32870.5938
Slightly volatile
Days Of Sales Outstanding61.8440.546961.3629
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.580.89850.8948
Slightly volatile
Cash Flow Coverage Ratios0.120.1420.2252
Pretty Stable
Price To Book Ratio0.730.76881.178
Pretty Stable
Fixed Asset Turnover7.47.04885.0288
Slightly volatile
Capital Expenditure Coverage Ratio8.629.856615.3031
Very volatile
Price Cash Flow Ratio8.428.85999.5223
Pretty Stable
Enterprise Value Multiple6.028.8714.514
Slightly volatile
Debt Ratio0.06570.06920.1012
Slightly volatile
Cash Flow To Debt Ratio0.120.1420.2252
Pretty Stable
Price Sales Ratio4.62.91184.5519
Slightly volatile
Return On Assets0.01120.00880.0108
Slightly volatile
Asset Turnover0.04540.02990.0374
Pretty Stable
Net Profit Margin0.330.29290.3845
Slightly volatile
Price Fair Value0.730.76881.178
Pretty Stable
Return On Equity0.110.07740.0948
Pretty Stable

Sandy Spring Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.5 B1.4 BB
Slightly volatile
Enterprise Value1.5 B1.4 B1.3 B
Slightly volatile

Sandy Fundamental Market Drivers

Forward Price Earnings13.5318
Cash And Short Term Investments82.3 M

Sandy Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Sandy Spring Financial Statements

Sandy Spring shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Sandy Spring investors may analyze each financial statement separately, they are all interrelated. The changes in Sandy Spring's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sandy Spring's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-609.2 M-639.7 M
Total Revenue419.3 M440.3 M
Cost Of Revenue65.4 M40 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.41  0.47 
Capex To Revenue 0.03  0.07 
Revenue Per Share 9.35  5.80 
Ebit Per Revenue 0.39  0.37 

Pair Trading with Sandy Spring

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sandy Spring position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sandy Spring will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sandy Stock

  0.98AX Axos FinancialPairCorr
  0.98BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.98PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Sandy Stock

  0.7CFG-PE Citizens FinancialPairCorr
  0.6TFC-PR Truist FinancialPairCorr
  0.54TFC-PO Truist FinancialPairCorr
  0.4WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to Sandy Spring could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sandy Spring when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sandy Spring - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sandy Spring Bancorp to buy it.
The correlation of Sandy Spring is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sandy Spring moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sandy Spring Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sandy Spring can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Sandy Stock Analysis

When running Sandy Spring's price analysis, check to measure Sandy Spring's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sandy Spring is operating at the current time. Most of Sandy Spring's value examination focuses on studying past and present price action to predict the probability of Sandy Spring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandy Spring's price. Additionally, you may evaluate how the addition of Sandy Spring to your portfolios can decrease your overall portfolio volatility.