Fourth Quarter Earnings Increase 27% over Prior Quarter and Drive Annual Net Income to $97.0 Million Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported record net income of $56.7 million ($1.19 per diluted common share) for the fourth quarter of 2020. The current quarter’s result compares to net income of $28.5 million ($0.80 per diluted common share) for the fourth quarter of 2019 and net income of $44.6 million ($0.94 per diluted common share) for the third quarter of 2020.

Our motto is real banking for real life, and this year has been about is real as it gets. For many of you, we know that this has been one of the most challenging years in your life or the history of your business. We are truly humbled that you put your trust in us. It has been our honor to serve you and to walk alongside you during these unprecedented times.

For the second year in a row, Sandy Spring Bank is pleased to announce it has been named a 2020 Top Workplace by The Baltimore Sun. Ranking fourth in the “large employer” category, Sandy Spring Bank is the only bank to make the list.

Sandy Spring Bank is pleased to announce it is donating $5,000 to 12 nonprofit organizations in the Greater Washington, D.C. region, for a total contribution of $60,000.

Sandy Spring Bank is pleased to announce it ranked first in the Washington Business Journal’s list of midsize companies by volunteer hours. The bank also ranked eighth in giving.

For the first time, Sandy Spring Bank is pleased to be named one of the Best Banks to Work For in 2020 by American Banker. The Best Banks to Work For program, coordinated by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction...

DC multi-family and commercial building owners and tenants can now take advantage of flexible financing options for their energy efficiency improvements through the Commercial Loan for Energy Efficiency and Renewables (CLEER) Financing program offered by DC Green Bank.

Company Delivers Strong Financial Performance and Balanced Results Across All Key Segments Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported net income for the third quarter of 2019 of $29.4 million ($0.82 per diluted share) compared to net income of $29.2 million ($0.82 per...

Sandy Spring Bank announced today that Carol Richardson has joined the company as Division Executive of Personal and Business Banking. Richardson will concentrate on leading the bank’s branch network and small business banking group across the Washington DC, Maryland and Virginia region. Her role will be focused on implementing strategic...

Loan Program Reduces Energy Consumption and Greenhouse Gas Emissions in the County The Montgomery County Green Bank (“Green Bank”) and Sandy Spring Bank today announced they have partnered to help another commercial property in the County implement energy-saving measures that will improve operating costs and reduce greenhouse gas emissions in...