Sandy Spring Bancorp
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Sandy Spring Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $419,336,000. Profit margin reached 29%. Total operating expenses were $419,336,000.

Profit Margin

Sandy Spring Bancorp, Inc. (NASDAQ:SASR): Profit margin
2014 176.41M 38.2M 21.65%
2015 188.1M 45.35M 24.11%
2016 200.59M 48.25M 24.05%
2017 220.01M 53.20M 24.18%
2018 321.49M 100.86M 31.37%
2019 336.63M 116.43M 34.59%
2020 465.87M 96.95M 20.81%
2021 526.57M 235.10M 44.65%
2022 497.50M 166.29M 33.43%
2023 419.33M 122.84M 29.29%

SASR Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
419.33M497.50M526.57M465.87M336.63M321.49M220.01M200.59M188.1M176.41M
Cost of revenue
0000000000
Gross profit
419.33M497.50M526.57M465.87M336.63M321.49M220.01M200.59M188.1M176.41M
Operating exp.
Research and development
0000000000
Selling and marketing
5.10M5.19M4.73M4.28M4.45M3.92M3.11M2.85M2.89M2.92M
Total operating expenses
419.33M14.36M-214.91M-341.45M-183.76M-125.16M3.11M2.85M2.89M2.92M
Operating income
164.13M291.02M311.65M124.42M152.86M196.32M121.84M100.82M94.42M80.93M
Other income (expenses), net
0-68.66M311.65M-66.72M152.86M-63.63M-22.80M-28.83M-17.54M-27.66M
Income before tax
164.13M222.35M311.65M124.42M152.86M132.68M87.93M71.99M67.38M55.78M
Income tax expense
41.29M56.05M76.55M27.47M36.42M31.82M34.72M23.74M22.02M17.58M
Net income
122.84M166.29M235.10M96.95M116.43M100.86M53.20M48.25M45.35M38.2M
Earnings per share
Basic EPS
2.743.6952.193.252.842.221.841.53
Diluted EPS
2.733.684.982.183.252.842.221.841.52
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