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Home > Company Index > Banking > Banking - Mid-Atlantic > Sandy Spring Bancorp, Inc.

Sandy Spring Bancorp, Inc.
Nasdaq: SASR
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 PROFILE
Sandy Spring Bancorp is the holding company for Sandy Spring National Bank of Maryland, which operates nearly 30 branches in Anne Arundel, Howard, Montgomery, and Prince George's counties in Maryland. Founded in 1868, the bank provides standard retail services, including checking and savings accounts, credit cards, CDs, and IRAs. Residential mortgages account for more than 50% of the bank's loan portfolio, which also includes commercial, construction, and consumer loans. Through two subsidiaries, Sandy Spring provides a variety of insurance and annuity services (Sandy Spring Insurance Corporation) and mortgage services (Sandy Spring Mortgage Corporation).

 COMPETITION
Chevy Chase Bank, F.S.B. (dossier)
Columbia Bancorp (CBMD)
SunTrust Banks, Inc. (STI)

 DEALS
Deal: Network Technologies Group Raises $4 Million
Date Announced: 06.09.00
Value of transaction (US $Mil): 3.5
Description: Provider of data integration services raises round of funding from venture investors.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 136.20
1-Yr. Sales Growth: 27.6%
Employees: 452
Revenue per employee: $301,327.43

 KEY PEOPLE
• Hunter R. Hollar
    CEO
• James H. Langmead
    CFO

 CONTACT INFO
17801 Georgia Ave.
Olney, MD 20832
US
Phone: 301-774-6400
Fax: 301-774-8433
Online: Web Site

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