
Sandy Spring Bank
A bank holding company headquartered in Olney, Maryland and operating in the Washington metropolitan area.
- Finance
- banking
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | $1.6b Valuation: $1.6b 4.0x EV/Revenue | Acquisition | |
Total Funding | 000k |
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 46 % | 5 % | 38 % | 13 % | (6 %) | (16 %) | (4 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 31 % | 35 % | 21 % | 45 % | 33 % | 29 % | 5 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Sandy Spring Bank, a name synonymous with community banking, traces its roots back to 1868. It was founded by a group of local Quakers in Sandy Spring, Maryland, who sought to create a financial institution that would serve the needs of their community. The founders, including John Thomas and Richard Bentley, envisioned a bank that would operate with integrity and a focus on customer service.
Over the years, Sandy Spring Bank has grown significantly, expanding its reach beyond its original location. A pivotal moment in its history came in 1982 when the bank went public, allowing it to raise capital and expand its services. This move marked a new era of growth and innovation for the bank.
Despite the challenges of the financial industry, Sandy Spring Bank has remained committed to its founding principles. It has navigated economic downturns and regulatory changes by staying true to its mission of serving the community. The bank's ability to adapt while maintaining its core values has been key to its longevity.
Today, Sandy Spring Bank is a leading financial institution in the region, known for its personalized service and community involvement. It continues to honor the legacy of its founders by prioritizing the needs of its customers and supporting local initiatives. The story of Sandy Spring Bank is a testament to the enduring power of community-focused banking.
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