Sandy Spring Bancorp INC

Atlantic Union Bankshares Corporation successfully merged with Sandy Spring Bancorp, Inc. on April 1, 2025, creating a larger financial institution.

Sandy Spring Bancorp stockholders approved the merger with Atlantic Union Bankshares, and all necessary bank regulatory approvals have been received, paving the way for the merger to close around April 1, 2025.

Sandy Spring Bancorp reported a net loss for the fourth quarter of 2024 due to a significant goodwill impairment charge, though core earnings showed improvement.

Sandy Spring Bancorp and Atlantic Union Bankshares are supplementing their merger proxy statement following shareholder lawsuits alleging misleading disclosures, while maintaining the claims are without merit.

Atlantic Union Bankshares Corporation and Sandy Spring Bancorp, Inc. have received regulatory approval from the Federal Reserve Bank of Richmond for their previously announced merger.

Sandy Spring Bancorp has accelerated certain executive compensation payments and equity awards to mitigate potential tax implications related to its upcoming merger with Atlantic Union Bankshares Corporation.

Sandy Spring Bancorp's Q3 2024 earnings were impacted by increased credit loss provisions and non-interest expenses, while also announcing a merger with Atlantic Union.

Sandy Spring Bancorp's second quarter earnings were impacted by a decline in net interest income, though partially offset by higher non-interest income and lower credit loss provisions.

Sandy Spring Bancorp's first-quarter earnings decreased significantly year-over-year, primarily due to a decline in net interest income and an increase in the provision for credit losses.

Sandy Spring Bancorp files an amendment to its 2024 Form 10-K to update information on directors, executive officers, and corporate governance in anticipation of its merger with Atlantic Union Bankshares Corporation.

Sandy Spring Bancorp's 2024 net income decreased significantly due to a goodwill impairment charge, higher provision for loan losses, and lower net interest income, despite a pending merger with Atlantic Union.

Sandy Spring Bancorp's 2023 net income decreased by 26% compared to 2022, primarily due to lower non-interest income and a contraction in net interest margin.

Kenneth C. Cook, a director of Sandy Spring Bancorp, files an amended Form 4 to correct the number of shares received in exchange for canceled stock options following a merger.

Daniel J. Schrider, President & CEO of Sandy Spring Bancorp, reports changes in beneficial ownership of company stock following the merger with Atlantic Union Bankshares, including the conversion and disposal of shares and restricted stock units.

John D. Sadowski, EVP and Chief Information Officer of Sandy Spring Bancorp, reports changes in beneficial ownership of common stock and derivative securities following the merger with Atlantic Union Bankshares.

Susan Lynne Pulford, EVP of Consumer Banking at Sandy Spring Bancorp, reports changes in beneficial ownership due to the merger with Atlantic Union Bankshares Corporation, including the conversion of Sandy Spring stock and restricted stock units into Atlantic Union stock.

Joseph J. O'Brien Jr., Executive Vice President of Sandy Spring Bancorp, reports the conversion of his shares and restricted stock units into Atlantic Union Bankshares Corporation stock following the merger between the two entities.

Following the merger between Sandy Spring Bancorp and Atlantic Union Bankshares, EVP Ronda M. McDowell reports adjustments to her securities holdings, including the conversion of Sandy Spring stock and restricted stock units into Atlantic Union Bankshares equivalents.

Atlantic Union Bankshares Corporation will acquire Sandy Spring Bancorp, Inc., creating the largest regional bank headquartered in the lower Mid-Atlantic.

Sandy Spring Bancorp will hold its annual shareholder meeting on May 22, 2024, with proposals including the election of directors, executive compensation, auditor ratification, and equity plan approval.

Sandy Spring Bancorp is holding its annual meeting on May 22, 2024, to elect directors, approve executive compensation, ratify the appointment of Ernst & Young LLP, and approve the 2024 Equity Plan.

Sandy Spring Bancorp's latest 13F filing indicates no holdings were reported for the quarter ending December 31, 2024, with all holdings reported by other managers.

Sandy Spring Bancorp reports no holdings for the quarter ending September 30, 2024, in its 13F filing, indicating holdings are reported by other managers.

Sandy Spring Bancorp reports no holdings in its latest 13F filing for the quarter ended June 30, 2024, indicating that all holdings are reported by other managing entities.

Sandy Spring Bancorp's latest 13F filing indicates no holdings were reported for the quarter ending March 31, 2024, with all holdings reported by other managers.