Sandy Spring Bancorp Increases Quarterly Dividend

SASR

OLNEY, Md., Jan. 27, 2022 (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 $0.34 per share payable on February 28, 2022 to shareholders of record on February 18, 2022. This dividend is $0.02 more than the previous linked quarter and the first quarter of 2021.

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 50 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: [email protected]                    [email protected]         Website: www.sandyspringbank.com

Media Contact:        Jen Schell        301-570-8331        [email protected]

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