Sandy Spring Bancorp is a bank holding company. Through its subsidiary, Sandy Spring Bank, Co. conducts commercial banking, mortgage banking and trust business. Services to individuals and businesses include accepting deposits, extending credit to buy real estate or equipment, consumer and commercial loans and lines of credit, and investment and wealth management services. Co. operates in central Maryland, Northern Virginia and the greater Washington D.C. market. Co. also invests primarily in U.S. Treasury and Agency securities, U.S. Agency mortgage-backed and asset-backed securities, U.S. Agency collateralized mortgage obligations, municipal bonds and, to a minimal extent, corporate bonds. The SASR YTD return is shown above.
The YTD Return on the SASR YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether SASR YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SASR YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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