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Sandy Spring Bancorp announces net income for Q3 of 2020

Oct 22, 2020 - Marketline Newswire
Mergers and Acquisitions-Financial Results

Sandy Spring Bancorp has reported record net income of $44.6 million ($0.94 per diluted common share) for the third quarter of 2020.

The current quarter's result compares to net income of $29.4 million ($0.82 per diluted common share) for the third quarter of 2019 and a loss of $14.3 million ($0.31 per diluted common share) for the second quarter of 2020. Operating earnings for the current quarter, which excludes the impact of merger and acquisition expense, the provision for credit losses...