SASR · Sandy Spring Bancorp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $26.29M | $22.01M | $11.91M | $14.52M | $19.87M | $13.40M |
| Operating Income | $48.96M | $164.13M | $222.36M | $124.42M | $124.42M | $152.86M |
| Interest Expense | - | $282.97M | $68.66M | $25.77M | $60.40M | $82.56M |
| Income Tax | $29.03M | $41.29M | $56.06M | $76.55M | $27.47M | $36.43M |
| Net Income | $19.93M | $122.84M | $166.30M | $235.11M | $96.95M | $116.43M |
| EPS - Basic | $0.44 | $2.74 | $3.69 | $5.00 | $2.19 | $3.25 |
| EPS - Diluted | $0.44 | $2.73 | $3.68 | $4.98 | $2.18 | $3.25 |
Balance Sheet
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $518.96M | $545.90M | $192.23M | $420.02M | $297.00M | $146.10M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $14.13B | $14.03B | $13.83B | $12.59B | $12.80B | $8.63B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | $1.24B | $313.80M | $1.15B | - |
| Total Liabilities | $12.57B | $12.44B | $12.35B | $11.07B | $11.33B | $7.50B |
| Stockholders' Equity | $1.56B | $1.59B | $1.48B | $1.52B | $1.47B | $1.13B |
| Retained Earnings | $856.61M | $898.32M | $836.79M | $732.03M | $557.27M | $515.71M |
Cash Flow
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $83.71M | $137.81M | $216.32M | $216.40M | $141.98M | $99.94M |
| Investing Cash Flow | ($190.31M) | $178.94M | ($1.62B) | $308.26M | ($1.20B) | ($241.28M) |
| Financing Cash Flow | $79.67M | $36.91M | $1.18B | ($401.64M) | $1.21B | $185.96M |
| CapEx | $16.15M | $13.98M | $14.59M | $11.49M | $5.04M | $5.15M |
| Free Cash Flow | $67.56M | $123.83M | $201.73M | $204.91M | $136.94M | $94.80M |
Ratios
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 3.39 | 1.01 | 1.21 | 0.87 | 1.41 | 0.81 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 59.3% | 25.2% | 25.2% | 24.6% | 22.1% | 23.8% |
| Return on assets | 0.1% | 0.9% | 1.2% | 1.9% | 0.8% | 1.3% |
| Return on equity | 1.3% | 7.7% | 11.2% | 15.5% | 6.6% | 10.3% |
| Return on invested capital | - | - | 6.1% | 5.1% | 3.7% | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | 0.84 | 0.21 | 0.78 | - |
| Debt / Assets | - | - | 0.09 | 0.02 | 0.09 | - |
| Debt / EBITDA | - | - | 5.30 | 2.26 | 7.96 | - |
| Interest coverage | - | 0.6x | 3.2x | 4.8x | 2.1x | 1.9x |
| Equity multiplier | 9.07 | 8.83 | 9.32 | 8.29 | 8.71 | 7.62 |
| Liabilities / Assets | 0.89 | 0.89 | 0.89 | 0.88 | 0.89 | 0.87 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -70.2% | -26.2% | 78.7% | 0.0% | -18.6% | 15.2% |
| Net income growth (YoY) | -83.8% | -26.1% | -29.3% | 142.5% | -16.7% | 15.4% |
| EPS growth (YoY) | -83.9% | -25.8% | -26.1% | 128.4% | -32.9% | 15.2% |
| EPS CAGR (3y) | -55.5% | 7.8% | 4.2% | 20.9% | -0.3% | 17.6% |
| EPS CAGR (5y) | -33.0% | -0.6% | 10.8% | 20.0% | 3.4% | 16.4% |
| FCF growth (YoY) | -45.4% | -38.6% | -1.5% | 49.6% | 44.5% | 18.3% |
| FCF CAGR (5y) | -6.6% | 9.1% | 26.6% | 19.4% | 9.4% | 16.0% |
| Book value growth (YoY) | -1.9% | 7.0% | -2.4% | 3.4% | 29.7% | 6.1% |
Stability scores
Piotroski F-score
FY 2024 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- -No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: National Commercial Banks
Comparing SANDY SPRING BANCORP INC against the 5 most active filers in the same SIC group.