Every 10-Q that Saul Ctrs Inc (BFS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BFS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BFS filings page.
Saul Centers, Inc., a retail and mixed-use REIT focused on the Washington, DC/Baltimore area, generated higher revenue but lower profit. For the three months ended June 30, 2026, total revenue was $76,791 (in thousands), up 8.4% year over year, while net income declined to $11,546 from $14,181 as new projects ramped up. For the six‑month period, total revenue was $155,050 and net income $23,589 (in thousands), both down versus 2025 at the net income line, with net income available to common stockholders of $12,274 and EPS of $0.50.
Growth was driven by higher base rent, including contributions from Twinbrook Quarter Phase I and the initial operations of Hampden House, and stronger expense recoveries, lifting property net operating income to $103,642 (in thousands) for six months. Expenses rose faster than revenue, notably property costs, real estate taxes, interest expense, and depreciation, largely tied to Hampden House, which management estimates reduced net income by $8.8 million over six months. The portfolio comprised 50 shopping centers and nine mixed‑use properties, with commercial same‑property leasing at 94.7%. Debt principal totaled $1,627,635 (in thousands), about 92.1% effectively fixed‑rate, with approximately $158.1 million available under a $600.0 million credit facility.
Saul Centers, Inc. (BFS) reported solid top-line growth but slightly lower profit for the quarter ended March 31, 2026. Total revenue rose to $78.3M from $71.9M, driven by new mixed-use projects Twinbrook Quarter Phase I and Hampden House and higher base rent across the portfolio.
Net income declined to $12.0M from $12.8M as initial operations at Hampden House added expenses, along with higher interest and depreciation. Net income available to common stockholders was $6.3M, or $0.26 per diluted share, versus $0.29 a year earlier.
Same property net operating income increased 9.0%, helped by the lease-up of Twinbrook Quarter. Commercial leasing on a same-property basis improved to 95.0%. Total debt was about $1.62B, roughly 88.8% fixed-rate including hedges, with $105.3M available under the $600M credit facility.
Saul Centers, Inc. (BFS) reported Q3 2025 results. Total revenue was $72.0 million, up from $67.3 million a year ago, driven by higher rental income. Net income available to common stockholders was $7.7 million, or $0.32 per share, compared with $11.7 million, or $0.48, last year as expenses rose.
Property net operating income was $49.8 million versus $49.0 million, while interest expense and amortization increased to $17.1 million from $12.2 million. For the nine months, revenue reached $214.7 million (from $200.9 million) and net income available to common stockholders was $22.6 million ($0.93 per share) versus $34.2 million ($1.42).
The company refinanced into a new $600.0 million credit facility (a $460.0 million revolver maturing July 30, 2029 and a $140.0 million term loan maturing July 28, 2028). At September 30, $330.0 million was outstanding with $101.1 million available; current spreads were 140 bps on the revolver and 135 bps on the term loan over SOFR. Principal debt totaled $1.612 billion. Construction in progress was $371.5 million, led by Hampden House at $256.3 million. Giant Food represented 4.7% of revenue for the nine months. Shares outstanding were 24,412,314 as of November 3, 2025; this is a baseline figure, not the amount being offered.