GlobeNewswire Inc | Jan 28, 2021 07:00AM EST

January 28, 2021

OLNEY, Md., Jan. 28, 2021 (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 $0.32 per share payable on February 24, 2021 to shareholders of record on February 17, 2021. This dividend is an increase of $0.02 over the previous linked quarter and the first quarter of 2020.

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 60 locations, the bank offers a broad range ofcommercialandretail banking,mortgage,private banking, andtrustservices throughout Maryland, Northern Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson, Sandy Spring Insurance CorporationandWest Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu ofinsuranceandwealth management services.

For additional information or questions, please contact:Daniel J. Schrider, President & Chief Executive Officer, orPhilip J. Mantua, Executive V.P. & Chief Financial OfficerSandy Spring Bancorp17801 Georgia AvenueOlney, Maryland 208321-800-399-5919E-mail:DSchrider@sandyspringbank.comPMantua@sandyspringbank.comWebsite: www.sandyspringbank.com

Media Contact:Jen Schell301-570-8331jschell@sandyspringbank.com