The investments, part of a post-merger effort to wring out more profits, include new commercial and mortgage lending platforms.

Sandy Spring Bancorp also plans to shrink its network as more customers move to digital channels.

The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.

Hundreds of branches temporarily shuttered during the pandemic are now permanently closed.

Its Marcus unit continues to invest in new products and business lines, delaying its path to profitability, according to Goldman Sachs CEO David Solomon.

Payments activity “snapped back” in the fourth quarter and should lift revenue the next few quarters, CEO Brian Moynihan said.

Year to date through Sep. 30, 2020. Dollars in thousands.

Todder Moning and Valerie Lancelle, who work in the bank’s innovation group, said they were especially impressed by demos of immersive technology, 5G and ambient computing.

Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.

In these uncertain times, strengthening relationships with clients is the one thing front-line bankers can control.