Earnings -- Gazette.Net



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McCormick & Co. of Sparks reported that its profit last year grew to $407.8 million from $374.2 million in 2011. Sales rose to $4.01 billion from $3.70 billion. Its fourth-quarter profit rose to $148.5 million from $131.7 million in the prior-year quarter; sales grew to $1.15 billion from $1.11 billion.

Eagle Bancorp of Bethesda, parent of EagleBank, reported that its profit last year grew to $35.3 million from $24.6 million in 2011. Its fourth-quarter profit rose to $10.2 million from $7.2 million in the prior-year quarter. Assets at Dec. 31 totaled $3.41 billion, up from $2.83 billion a year earlier.

Sandy Spring Bancorp of Olney, parent of Sandy Spring Bank, reported that its profit last year grew to $36.6 million from $34.1 million in 2011. Its fourth-quarter profit grew to $9.9 million from $7.3 million in the prior-year quarter. Assets at Dec. 31 totaled $3.96 billion, up from $3.71 billion a year earlier.

Howard Bancorp of Ellicott City, parent of Howard Bank, reported that its profit last year rose to $1.6 million from $1.4 million in 2011. Its fourth-quarter profit grew to $438,629 from $353,286 in the prior-year quarter. Assets at Dec. 31 totaled $401.7 million, up from $323.1 million a year earlier.

Tessco Technologies of Hunt Valley reported that its profit for the quarter ended Dec. 30 grew to $5.4 million from $4.8 million in the prior-year quarter. Revenues fell to $204.5 million from $226.3 million.

Tri-County Financial of Waldorf, parent of Community Bank of Tri-County, reported that its profit last year rose to $5.0 million from $3.2 million in 2011. Its fourth-quarter profit grew to $1.5 million from $493,712 in the prior-year quarter. Assets at Dec. 31 totaled $981.6 million, down from $983.5 million a year earlier.

BV Financial of Baltimore, parent of Bay-Vanguard Federal Savings Bank, reported that its profit for the quarter ended Dec. 31 grew to $196,000 from $163,000 in the prior-year quarter. Assets at Dec. 31, totaled $143.9 million, down from $148,657 million June 30.