Inferra AI / Company / BFS

Saul Centers, Inc.

BFS · Real Estate

Last earnings Aug 6, 2026

Key results

Total revenuequarter

$70.8 million

Total revenue for the 2025 Quarter increased to $70.8 million from $66.9 million for the quarter ended June 30, 2024 ( 2024 Quarter ).

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Net incomequarter

$14.2 million

Net income decreased to $14.2 million for the 2025 Quarter from $19.5 million for the 2024 Quarter.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

As a result, compared to the 2024 Quarter, net income for the 2025 Quarter was adversely impacted by $5.4 million, of which $3.5 million was a reduction in capitalized interest, due to the initial operations of Twinbrook Quarter Phase I.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Net income available to common stockholders decreased to $7.9 million, or $0.33 per basic and diluted share, for the 2025 Quarter from $11.6 million, or $0.48 per basic and diluted share, for the 2024 Quarter.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

As compared to the 2024 Quarter, net income available to common stockholders for the 2025 Quarter was adversely impacted by $2.9 million, or $0.12 per basic and diluted share, due to the initial operations of Twinbrook Quarter Phase I.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Revenuequarter

$1.5 million

The $1.5 million decrease in same property revenue for the 2025 Quarter compared to the 2024 Quarter was primarily due to (a) lower lease termination fees of $2.0 million partially offset by (b) higher expense recoveries of $0.3 million.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Operating incomequarter

$35.3 million

Shopping Center same property net operating income for the 2025 Quarter totaled $35.3 million, a decrease of $2.1 million compared to the 2024 Quarter.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Shopping Center same property net operating income decreased primarily due to to lower lease termination fees of $2.1 million.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

AI analysis

Q2 2025 · reported Aug 7, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Total revenue · Q2 2025
$70.8M
EX-99 · Aug 7, 2025
Net income · Q2 2025
$14.2M
EX-99 · Aug 7, 2025
Operating income · Q2 2025
$35.3M
EX-99 · Aug 7, 2025
Revenue · Q2 2025
$1.5M
EX-99 · Aug 7, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Total revenue$70.8 million——
Net income$14.2 million——
Revenue$1.5 million——
Operating income$35.3 million——

EX-99 · Aug 7, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$25.4M

Funds from operations ( FFO ) available to common stockholders and noncontrolling interests (after deducting preferred stock dividends) decreased to $25.4 million, or $0.73 per basic and diluted share, in the 2025 Quarter compared to $28.5 million, or $0.83 per basic and diluted share, in the 2024 Quarter.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Reports Second Quarter 2025 Earnings August 7, 2025, Bethesda, MD

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Funds from operations ( FFO ) available to common stockholders and noncontrolling interests (after deducting preferred stock dividends) decreased to $25.4 million, or $0.73 per basic and diluted share, in the 2025 Quarter compared to $28.5 million, or $0.83 per basic and diluted share, in the 2024 Quarter.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

FFO available to common stockholders and noncontrolling interests, after deducting preferred stock dividends, decreased to $49.9 million, or $1.44 per basic and diluted share, in the 2025 Period from $56.0 million, or $1.63 per basic and diluted share, in the 2024 Period.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

10,720 14,448 20,519 28,078 Preferred stock dividends (2,799) (2,799) (5,597) (5,597) Net income available to common stockholders $ 7,921 $ 11,649 $ 14,922 $ 22,481 Per share net income available to common stockholders Basic and diluted $ 0.33 $ 0.48 $ 0.62 $ 0.93 www.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

8,753 10,720 17,871 20,519 Preferred stock dividends ( 2,799 ) ( 2,799 ) ( 5,597 ) ( 5,597 ) Net income available to common stockholders $ 5,954 $ 7,921 $ 12,274 $ 14,922 Per share net income available to common stockholders Basic and diluted $ 0.24 $ 0.33 $ 0.50 $ 0.62 The Notes to Financial Statements are an integral part of these statements.

SEC original ↗Saul Centers, Inc. — 10-Q Quarterly report10-QAug 6, 2026

9,202 10,097 18,634 18,821 Preferred stock dividends ( 2,799 ) ( 2,799 ) ( 5,597 ) ( 5,597 ) Total comprehensive income available to common stockholders $ 6,403 $ 7,298 $ 13,037 $ 13,224 The Notes to Financial Statements are an integral part of these statements.

SEC original ↗Saul Centers, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Debt arrangements subject to recourse are described in Note 5.

SEC original ↗Saul Centers, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

The Company, which conducts all of its activities through its subsidiaries, Saul Holdings Limited Partnership, a Maryland limited partnership (the "Operating Partnership"), and two subsidiary limited partnerships (the "Subsidiary Partnerships," and, collectively with the Operating Partnership, the "Partnerships"), engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-use properties, primarily in the Washington, DC/Baltimore metropolitan area.

SEC original ↗Saul Centers, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Risks & headwinds

Given these uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements that we make, including those in this press release.

SEC original ↗Saul Centers, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 46 Item 1A.

SEC original ↗Saul Centers, Inc. — 10-Q Quarterly report10-QAug 6, 2026

Documents

Earnings deck slides

0 decks with slide view

Saul Centers, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

30 documents

Earnings releases

11 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Saul Centers, Inc. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Saul Centers, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.