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Sandy Spring Bancorp (Sandy Spring Bancorp) Pre-Tax Income : $123.0 Mil (TTM As of Dec. 2023)


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What is Sandy Spring Bancorp Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Sandy Spring Bancorp's pretax income for the three months ended in Dec. 2023 was $34.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $123.0 Mil. Sandy Spring Bancorp's pretax margin was 36.01%.

During the past 13 years, Sandy Spring Bancorp's highest Pretax Margin was 59.49%. The lowest was 26.85%. And the median was 39.56%.


Sandy Spring Bancorp Pre-Tax Income Historical Data

The historical data trend for Sandy Spring Bancorp's Pre-Tax Income 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 Pre-Tax Income Chart

Sandy Spring Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.86 124.42 311.66 222.36 164.14

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
Pre-Tax Income 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 68.48 33.46 27.64 34.56 27.32

Competitive Comparison of Sandy Spring Bancorp's Pre-Tax Income

For the Banks - Regional subindustry, Sandy Spring Bancorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sandy Spring Bancorp's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Sandy Spring Bancorp's Pre-Tax Income falls into.



Sandy Spring Bancorp Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Sandy Spring Bancorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+164.135
=164.1

Sandy Spring Bancorp's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+34.559
=34.6

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $123.0 Mil.

* 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.


Sandy Spring Bancorp  (NAS:SASR) Pre-Tax Income Explanation

Sandy Spring Bancorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=34.559/95.964
=36.01%

During the past 13 years, Sandy Spring Bancorp's highest Pretax Margin was 59.49%. The lowest was 26.85%. And the median was 39.56%.

* 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.


Sandy Spring Bancorp Pre-Tax Income 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