Sandy Spring Bancorp: 4Q Earnings Snapshot
OLNEY, Md. (AP) _ Sandy Spring Bancorp Inc. (SASR) on Thursday reported fourth-quarter profit of $25.6 million.
The Olney, Maryland-based bank said it had earnings of 72 cents per share. Earnings, adjusted for gains related to mergers and acquisitions, came to 67 cents per share.
The holding company for Sandy Spring Bank posted revenue of $99.6 million in the period. Its revenue net of interest expense was $80.2 million, missing Street forecasts.
For the year, the company repor...