Sandy Spring Bancorp Inc - Company Profile
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Sandy Spring Bancorp Inc (Sandy Spring) is the holding company for Sandy Spring Bank (the bank). It offers commercial banking, retail banking, mortgage, and trust services through a network of community offices in Central Maryland, Northern Virginia, and Washington DC. Sandy Spring offers personal services that include checking, debit cards, home equity loans, and other loans and deposit products. The Bank also operates as lending and other business services. It also operates through West Financial Services Inc, which offers investment management services. Sandy Spring is headquartered in Olney, Maryland, the US.
Headquarters
United States of America
Address
17801 Georgia Avenue, Olney, Maryland, 20832
Website
www.sandyspringbank.com
Telephone
1 301 7746400
No of Employees
1,120
Industry
Financial Services
Revenue (2024)
$751.6M
Sandy Spring Bancorp Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Community Banking |
| Investment Management Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In April, the company was acquired by Atlantic Union Bankshares Corp for US$1.3 billion. |
| 2024 | Divestiture | In March, the company sold its portfolio company Catenda to GRO. |
| 2022 | Asset Disposal | In June, the company sold its insurance business to Hub International Limited. |
Competitor Comparison
| Key Parameters | Sandy Spring Bancorp Inc | Customers Bancorp, Inc. | First BanCorp. | First Financial Bancorp | Eagle Bancorp Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Olney | West Reading | San Juan | Cincinnati | Bethesda |
| State/Province | Maryland | Pennsylvania | Puerto Rico | Ohio | Maryland |
| No. of Employees | 1,120 | 787 | 3,113 | 2,021 | 451 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joseph J O'Brien | Chief Banking Officer; Executive Vice President | Senior Management | 2021 | 61 |
| Gary J. Fernandes | Chief Human Resources Officer; Executive Vice President | Senior Management | 2021 | 56 |
| Daniel J. Schrider | President; Chief Executive Officer | Senior Management | 2023 | 60 |
| Ronda McDowell | Chief Operating Officer; Executive Vice President | Senior Management | 2021 | 60 |
| Kevin Slane | Executive Vice President; Chief Risk Officer | Senior Management | 2018 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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