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Sandy Spring Bancorp (Sandy Spring Bancorp) Mohanram G-Score : 1 (As of Mar. 2024)


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What is Sandy Spring Bancorp Mohanram G-Score?

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Sandy Spring Bancorp has an G-score of 1. It is a bad or low score, which tends to have negative absolute returns.

The historical rank and industry rank for Sandy Spring Bancorp's Mohanram G-Score or its related term are showing as below:

SASR' s Mohanram G-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 5
Current: 1

During the past 13 years, the highest Piotroski G-score of Sandy Spring Bancorp was 5. The lowest was 1. And the median was 3.


Sandy Spring Bancorp Mohanram G-Score Historical Data

The historical data trend for Sandy Spring Bancorp's Mohanram G-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sandy Spring Bancorp Mohanram G-Score Chart

Sandy Spring Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 4.00 2.00 5.00 2.00

Sandy Spring Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Mohanram G-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 1.00 2.00 2.00 1.00

Competitive Comparison of Sandy Spring Bancorp's Mohanram G-Score

For the Banks - Regional subindustry, Sandy Spring Bancorp's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sandy Spring Bancorp's Mohanram G-Score Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sandy Spring Bancorp's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Sandy Spring Bancorp's Mohanram G-Score falls into.



Sandy Spring Bancorp Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Sandy Spring Bancorp has an G-score of 1. It is a bad or low score, which tends to have negative absolute returns.

Sandy Spring Bancorp  (NAS:SASR) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Sandy Spring Bancorp Mohanram G-Score Related Terms

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Sandy Spring Bancorp (Sandy Spring Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
17801 Georgia Avenue, Olney, MD, USA, 20832
Sandy Spring Bancorp Inc is a community-oriented banking organization that conducts a full-service commercial banking business in Central Maryland, Northern Virginia, and Washington D.C. It conducts business in two operating segments. The Community Banking segment, which is the key revenue driver, involves delivering a broad range of financial products and services, including loan and deposit products to individuals and businesses and The Investment Management segment provides financial planning including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning.
Executives
Craig A Ruppert director
Susan Lynne Pulford officer: EVP, Consumer Banking SANDY SPRING BANK, OLNEY MD 20832
Kenneth C Cook officer: EVP, Division President TWO HOPKINS PLAZA, BALTIMORE MD 21201
Gary John Fernandes officer: EVP, Chief Human Resources Off SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Daniel J Schrider officer: Executive Vice President
James J Maiwurm director
Mark E Friis director SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Michael director C/O WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
Pamela A Little director SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Christina B O'meara director SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNLEY MD 20832
Martz Walter Clayton Ii director SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Brian J Lemek director SANDY SPRING BANCORP, INC., 17801 GERGIA AVENUE, OLNEY MD 20832
Aaron Michael Kaslow officer: EVP, Gen'l Counsel & Secretary 17801 GEORGIA AVENUE, OLNEY MD 20832
Ronda M Mcdowell officer: EVP, Chief Credit Officer SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Micklem director 2101 BELLE HAVEN, ALEXANDRIA VA 22307