Sandy Spring Bancorp Declares Quarterly Dividend

OLNEY, Md., April 30, 2020 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.30 per share payable on May 20, 2020 to shareholders of record on May 13, 2020. This dividend is consistent with the previous linked quarter and the second quarter of 2019.

About Sandy Spring Bancorp, Inc./Sandy Spring Bank

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. With over 55 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Northern Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson, Sandy Spring Insurance Corporation and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of insurance and wealth management services.

For additional information or questions, please contact:

            Daniel J. Schrider, President & Chief Executive Officer, or

            Philip J. Mantua, Executive V.P. & Chief Financial Officer

            Sandy Spring Bancorp

            17801 Georgia Avenue

            Olney, Maryland 20832

            1-800-399-5919

            E-mail: DSchrider@sandyspringbank.com

                         PMantua@sandyspringbank.com

            Website:  www.sandyspringbank.com   

            Media Contact:

            Jen Schell

            301-570-8331

            jschell@sandyspringbank.com