Name | Value |
---|---|
Revenues | 182.2M |
Cost of Revenue | 0.0M |
Gross Profit | 182.2M |
Operating Expense | 23.1M |
Operating I/L | 38.6M |
Other Income/Expense | 34.6M |
Interest Income | 165.6M |
Pretax | 34.6M |
Income Tax Expense | 8.5M |
Net Income/Loss | 26.1M |
Sandy Spring Bancorp, Inc. operates as a bank holding company providing commercial and retail banking, mortgage, private banking, and trust services. It generates revenue through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers various loan and deposit products, including commercial real estate loans, residential real estate loans, and consumer loans. The Insurance segment provides general insurance agency services and annuities, while the Investment Management segment offers investment management, financial planning, personal trust, and wealth management services to individuals, families, small businesses, and associations.