Sandy Spring Bancorp Inc (SASR) Files 10-K for the Fiscal Year Ended on December 31, 2018

Sandy Spring Bancorp Inc (SASR, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Sandy Spring Bancorp Inc through its subsidiary, provides commercial banking, mortgage banking, and trust services. It also offers investment and wealth management services through its subsidiary. Sandy Spring Bancorp Inc has a market cap of $1.24 billion; its shares were traded at around $34.92 with a P/E ratio of 12.37 and P/S ratio of 3.84. The dividend yield of Sandy Spring Bancorp Inc stocks is 3.22%.

For the last quarter Sandy Spring Bancorp Inc reported a revenue of $80.2 million, compared with the revenue of $55.79 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $321.5 million, an increase of 46.1% from last year. For the last five years Sandy Spring Bancorp Inc had an average revenue growth rate of 11.2% a year.

The reported diluted earnings per share was $2.82 for the year, an increase of 28.2% from previous year. Over the last five years Sandy Spring Bancorp Inc had an EPS growth rate of 10.6% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Sandy Spring Bancorp Inc has the cash and cash equivalents of $100.9 million, compared with $109.7 million in the previous year. The long term debt was $886.0 million, compared with $765.8 million in the previous year. Sandy Spring Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $34.92, Sandy Spring Bancorp Inc is traded at 17% premium to its historical median P/S valuation band of $29.85. The P/S ratio of the stock is 3.84, while the historical median P/S ratio is 3.30. The stock lost 7.65% during the past 12 months.

For the complete 20-year historical financial data of SASR, click here.