Detail akcie Sandy Spring online

Business Summary: Sandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company offers a range of commercial and retail banking, mortgage, private banking and trust services at approximately 50 locations throughout central Maryland, northern Virginia, and Washington D.C. It offers a menu of loan products, which include commercial loans, residential real estate loans, and consumer loans. Its commercial loans consist of commercial real estate loans, commercial construction loans and commercial business loans. Its consumer loans include primarily home equity loans and lines, installment loans and personal lines of credit. Its consumer loans include installment loans used by customers to purchase automobiles, boats and recreational vehicles. Through its subsidiaries, SSB Wealth Management, Inc. (d/b/a Rembert Pendleton Jackson) and West Financial Services, Inc., Sandy Spring Bank, offers a comprehensive menu of wealth management services.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Sandy Spring Bancorp Inc interest income increased 6% to $501.2M. Net interest income after loan loss provision decreased 19% to $231.3M. Net income applicable to common stockholders decreased 39% to $59.4M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 10% to 2.44%, Net Interest Spread, Total -% decrease of 21% to 1.39%.