Sandy Spring Bancorp Inc
Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services in the United States. It engages in deposit, treasury, and borrowing activities. Its loan products include commercial real estate loans, construction loans, and commercial business loans; residential real estate loans; and… Read more
Sandy Spring Bancorp Inc (SASR) - Total Assets
Latest total assets as of December 2024: $14.13 Billion USD
Based on the latest financial reports, Sandy Spring Bancorp Inc (SASR) holds total assets worth $14.13 Billion USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sandy Spring Bancorp Inc - Total Assets Trend (1994–2024)
This chart illustrates how Sandy Spring Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sandy Spring Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Sandy Spring Bancorp Inc's total assets of $14.13 Billion consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $45.63 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $30.75 Million | 0.2% |
| Goodwill | $309.05 Million | 2.2% |
Asset Composition Trend (1994–2024)
This chart illustrates how Sandy Spring Bancorp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sandy Spring Bancorp Inc's current assets represent 0.9% of total assets in 2024, a decrease from 5.7% in 1994.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, down from 5.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is goodwill at 2.2% of total assets.
Sandy Spring Bancorp Inc Competitors by Total Assets
Key competitors of Sandy Spring Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Sandy Spring Bancorp Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Sandy Spring Bancorp Inc generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Sandy Spring Bancorp Inc generates $ 0.14 in net profit.
Sandy Spring Bancorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.27 | 11.56 | 60.06 |
| Quick Ratio | 0.54 | 16.36 | 60.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.18 Billion | $ 1.68 Billion | $ 7.02 Billion |
Sandy Spring Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Sandy Spring Bancorp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.81 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 0.7% |
| Total Assets | $14.13 Billion |
| Market Capitalization | $1.21 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Sandy Spring Bancorp Inc's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Sandy Spring Bancorp Inc's assets grew by 0.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Sandy Spring Bancorp Inc (1994–2024)
The table below shows the annual total assets of Sandy Spring Bancorp Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.13 Billion | +0.71% |
| 2023-12-31 | $14.03 Billion | +1.41% |
| 2022-12-31 | $13.83 Billion | +9.87% |
| 2021-12-31 | $12.59 Billion | -1.62% |
| 2020-12-31 | $12.80 Billion | +48.32% |
| 2019-12-31 | $8.63 Billion | +4.68% |
| 2018-12-31 | $8.24 Billion | +51.35% |
| 2017-12-31 | $5.45 Billion | +6.98% |
| 2016-12-31 | $5.09 Billion | +9.37% |
| 2015-12-31 | $4.66 Billion | +5.87% |
| 2014-12-31 | $4.40 Billion | +7.09% |
| 2013-12-31 | $4.11 Billion | +3.82% |
| 2012-12-31 | $3.96 Billion | +6.57% |
| 2011-12-31 | $3.71 Billion | +5.45% |
| 2010-12-31 | $3.52 Billion | -3.06% |
| 2009-12-31 | $3.63 Billion | +9.56% |
| 2008-12-31 | $3.31 Billion | +8.86% |
| 2007-12-31 | $3.04 Billion | +16.61% |
| 2006-12-31 | $2.61 Billion | +6.13% |
| 2005-12-31 | $2.46 Billion | +6.51% |
| 2004-12-31 | $2.31 Billion | -1.03% |
| 2003-12-31 | $2.33 Billion | +1.12% |
| 2002-12-31 | $2.31 Billion | +10.84% |
| 2001-12-31 | $2.08 Billion | +17.42% |
| 2000-12-31 | $1.77 Billion | +11.42% |
| 1999-12-31 | $1.59 Billion | +18.44% |
| 1998-12-31 | $1.34 Billion | +19.82% |
| 1997-12-31 | $1.12 Billion | +14.58% |
| 1996-12-31 | $978.60 Million | +23.20% |
| 1995-12-31 | $794.30 Million | +3.95% |
| 1994-12-31 | $764.13 Million | -- |