Sandy Spring Bancorp: Q2 Earnings Snapshot
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OLNEY, Md. (AP) — OLNEY, Md. (AP) — Sandy Spring Bancorp Inc. (SASR) on Tuesday reported net income of $22.8 million in its second quarter.
The bank, based in Olney, Maryland, said it had earnings of 51 cents per share. Earnings, adjusted for amortization costs, were 54 cents per share.
The holding company for Sandy Spring Bank posted revenue of $184.7 million in the period. Its revenue net of interest expense was $99.9 million, exceeding Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SASR at https://www.zacks.com/ap/SASR