Sandy Interest Expense from 2010 to 2025

SASR Stock  USD 33.87  0.21  0.62%   
Sandy Spring Interest Expense yearly trend continues to be relatively stable with very little volatility. Interest Expense is likely to grow to about 341.7 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1994-06-30
Previous Quarter
9.4 M
Current Value
88.7 M
Quarterly Volatility
14.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sandy Spring financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sandy Spring's main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.6 M, Interest Expense of 341.7 M or Selling General Administrative of 207.4 M, as well as many indicators such as Price To Sales Ratio of 4.6, Dividend Yield of 0.0231 or PTB Ratio of 0.84. Sandy financial statements analysis is a perfect complement when working with Sandy Spring Valuation or Volatility modules.
  
Check out the analysis of Sandy Spring Correlation against competitors.

Latest Sandy Spring's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Sandy Spring Bancorp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Sandy Spring's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sandy Spring's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Sandy Interest Expense Regression Statistics

Arithmetic Mean89,054,138
Geometric Mean48,091,260
Coefficient Of Variation129.52
Mean Deviation85,365,349
Median26,524,000
Standard Deviation115,345,095
Sample Variance13304.5T
Range322.9M
R-Value0.76
Mean Square Error6045.4T
R-Squared0.58
Significance0.0007
Slope18,385,745
Total Sum of Squares199567.4T

Sandy Interest Expense History

2025341.7 M
2024325.4 M
2023283 M
202268.7 M
202125.8 M
202060.4 M
201982.6 M

About Sandy Spring Financial Statements

Sandy Spring shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Sandy Spring investors may analyze each financial statement separately, they are all interrelated. The changes in Sandy Spring's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sandy Spring's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense325.4 M341.7 M

Pair Trading with Sandy Spring

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sandy Spring position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sandy Spring will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sandy Stock

  0.96AX Axos FinancialPairCorr
  0.95BY Byline Bancorp Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Sandy Spring could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sandy Spring when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sandy Spring - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sandy Spring Bancorp to buy it.
The correlation of Sandy Spring is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sandy Spring moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sandy Spring Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sandy Spring can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Sandy Stock Analysis

When running Sandy Spring's price analysis, check to measure Sandy Spring's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sandy Spring is operating at the current time. Most of Sandy Spring's value examination focuses on studying past and present price action to predict the probability of Sandy Spring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandy Spring's price. Additionally, you may evaluate how the addition of Sandy Spring to your portfolios can decrease your overall portfolio volatility.