Sandy Spring Bancorp Inc (SASR) Annual Income Statement

Annual · GAAP · USD millions
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From Sandy Spring Bancorp Inc through Dec 31 2020, changes in Dec 31 2024's revenue and cost structure provide insight into profitability trends.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2024)
2024
(Dec 31 2023) (Dec 31 2022) (Dec 31 2021) (Dec 31 2020)
Revenues
Interest and Fee Income, Loans and Leases609.57
Interest and Dividend Income, Securities, Operating7.08
Interest Income, Federal Funds Sold0.01
Interest Income, Deposits with Financial Institutions25.40
Other Income30.21
Total Interest Income672.27
Interest Expense, Deposits303.17
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase5.26
Interest Expense, Long-term Debt and Capital Securities16.46
Net Interest (-)Expense / Income-345.15
Net Interest Income327.13
Provision for loan losses14.19
Total Net Interest Income312.93
Fees and Commissions, Mortgage Banking and Servicing11.76
Other Non-interest Income10.62
Gain (Loss) on Disposition of Assets and Other Investments0.00
Other Non-Interest Income56.93
Total Non-interest Income79.32
Total Revenues392.25
Costs & Expenses
Salaries & employee benefits, SGA5.36
Restructuring, Accretion & impairment charges54.39
Depreciation & Amortization9.13
Communications, Occupancy and Information Technology19.01
Professional Fees21.21
Federal Deposit Insurance Corporation Premium Expense11.40
Other Noninterest Expense30.21
Other loss /-income192.59
Total Operating Expenses343.29
Total Costs & Expenses668.18
Income & Taxes
Income /-loss before income taxes48.96
Income taxes expenses/-benefit29.03
Income after income taxes19.94
Net income/-loss of other equity0.00
Income /-loss after income taxes19.94
Net Income/-loss19.94
Income/-loss to shareholder19.94
Earnings Per Share
Basic EPS (excl. extra items)0.44
Basic Net EPS0.44
Basic shares outstanding (Mill. of Units)45.09
Diluted Net EPS0.44
Diluted average shares (Mill. of Units)0.16
Dividend per share1.36
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About Sandy Spring Bancorp Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 20, 2025
  • Original filing: sasr-20241231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.