|Bid||48.61 x 1400|
|Ask||48.69 x 800|
|Day's Range||47.61 - 48.83|
|52 Week Range||23.80 - 48.91|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||9.42|
|Earnings Date||Jan 19, 2022 - Jan 24, 2022|
|Forward Dividend & Yield||1.28 (2.63%)|
|Ex-Dividend Date||Aug 10, 2021|
|1y Target Est||51.00|
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This is Dan Schrider speaking and I'm joined here by my colleagues, Phil Mantua, Chief Financial Officer; and Aaron Kaslow, General Counsel for Sandy Spring Bancorp. Thanks Aaron, and thanks again to everyone for joining us to discuss our third quarter financials.
Sandy Spring Bancorp (SASR) delivered earnings and revenue surprises of 2.80% and 0.18%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Earnings Performance Remains StrongOLNEY, Md., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Today Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $57.0 million ($1.20 per diluted common share) for the quarter ended September 30, 2021. The current quarter compares to $44.6 million ($0.94 per diluted common share) for the third quarter of 2020 and net income of $57.3 million ($1.19 per diluted common share) for the second quarter of 2021. The results