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Sandy Spring Bancorp Announces 1st Quarter Dividend.

OLNEY, Md., March 1 /PRNewswire-FirstCall/ -- Sandy Spring Bancorp, Inc., the parent company of Sandy Spring Bank, announced that its Board of Directors has declared a regular quarterly dividend of $0.23 per share for the 1st quarter of 2007. Compared to the first quarter of 2006, this first quarter dividend for 2007 represents an increase of $0.01 per share. The dividend is payable on March 22, 2007 to shareholders of record as of the close of business on March 12, 2007.
  (Logo:  http://www.newscom.com/cgi-bin/prnh/20010424/SSPRINGLOGO-a )

  About Sandy Spring Bancorp/Sandy Spring Bank



With $2.6 billion in assets, Sandy Spring Bancorp is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation, The Equipment Leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
 Company and West Financial Services, Inc. Sandy Spring Bancorp is the third largest publicly traded banking company headquartered in Maryland. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring Bank was founded in 1868 and offers a broad range of commercial banking, retail banking and trust services through 38 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland This is a list of the twenty-four counties and county-equivalents in the U.S. state of Maryland. Though an independent city rather than a county, the City of Baltimore is considered the equal of a county for most purposes and is a county-equivalent. , and in Fairfax and Loudoun counties in Virginia The Commonwealth of Virginia is divided into 95 counties and 39 independent cities, which are considered county-equivalents for census purposes. Note that the map in this article, taken from the official United States Census Bureau site, includes Clifton Forge as an independent city. . Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of leasing, insurance and investment management services. Visit http://www.sandyspringbank.com/ to locate an ATM near you or for more information about Sandy Spring Bank.

CONTACT: Hunter R. Hollar, President & Chief Executive Officer, HHollar@sandyspringbank.com, or Philip J. Mantua Mantua (măn`chə, –tə), Ital. Mantova, city (1991 pop. 53,065), capital of Mantova prov. , Executive V.P. & Chief Financial Officer, PMantua@sandyspringbank.com, both of Sandy Spring Bancorp, Inc., +1-800-399-5919

Web site: http://www.sandyspringbank.com/
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Publication:PR Newswire
Date:Mar 1, 2007
Words:291
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