OLNEY, Md., May 25, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bank announced today the promotion of Sherman W. Moore to Division Executive of the Sandy Spring Private Client Group. In this role, Moore ...

A Virginia banking company plans to acquire Maryland-based Sandy Spring Bancorp in a deal valued at about $1.6 billion, creating one of the mid-Atlantic region’s largest banks and cementing the merged ...

OLNEY, Md., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Sandy Spring Bank has opened a new, full-service branch located at One Loudoun in Ashburn to serve residents and businesses of Northern Virginia. "We are ...

Atlantic Union Bankshares Corporation and Olney-based Sandy Spring Bancorp Monday announced they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an ...

Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland’s Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Richmond, Virginia-based Atlantic Union Bank agreed to ...

Sandy Spring Bank's net interest income/margin has plummeted due to lower rate cut expectations and rising deposit costs. The bank is focusing on improving relationships with existing customers rather ...

While rising interest rates may benefit banks, remember that banks invested in bonds at much higher prices. As the Fed raises the interest rate, those bond values continue to drop as yields rise.

Atlantic Union Bank is expanding further into Northern Virginia and Maryland with the $1.6 billion purchase of Maryland’s Sandy Spring Bank, an acquisition announced Monday. The two banks’ parent ...