Press Release|Financial Institutions
KBRA Releases Surveillance Report for Sandy Spring Bancorp, Inc.
14 Mar 2024 | New York
On September 12, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Olney, Maryland based Sandy Spring Bancorp, Inc. (NASDAQ: SASR). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for the company's subsidiary, Sandy Spring Bank. The Outlook for all long-term ratings is Stable.
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