Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

For Sandy Spring Bancorp, It Looks Like Buy Or Be Bought

Banking regulators seem to be trying to achieve a delicate balance between a banking system that is too consolidated among a small group of giant institutions ("too big to fail") and a system that is too fragmented to run efficiently and provide high levels of service. While I believe that regulators will be loath to let the top 10 (or perhaps the top 20) banks get much larger, I also believe they'd like to see even more competition coming from the next tier. To that end, Sandy Spring Bancorp (NASDAQ:SASR) could have an interesting future in the Mid-Atlantic region as either a growth-by-M&A story or as a target itself.

Small By Some Measures, But Bigger Than You Think...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details