---
schema_version: "secwatch.filing_event.v1"
accession: "0000907254-21-000086"
form_type: "8-K"
ticker: "BFS"
cik: "0000907254"
company_name: "SAUL CENTERS, INC."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T22:12:00.373450+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Saul Centers Q2 revenue $60M, net income $16.1M, FFO $0.82/share; commercial leased 92.5%

## Summary
- Total revenue $60.0M, up 12.8% YoY; net income $16.1M vs $10.2M; diluted EPS $0.42 vs $0.24.
- FFO available to common & noncontrolling interests $26.0M ($0.82 basic) vs $20.0M ($0.64).
- Same property revenue +12.7%; same property operating income +14.9%. Shopping Center +$3.7M, Mixed-Use +$2.2M.
- Commercial portfolio leased 92.5% (down from 94.7%); residential 98.4% (up from 67.7%, boosted by Waycroft).
- Rent collections: 98% of Q2 billings paid; July 94% paid. Deferrals minimal (<0.3% of July billings).

## SEC filing metadata
- accession: 0000907254-21-000086
- form_type: 8-K
- ticker: BFS
- cik: 0000907254
- company_name: SAUL CENTERS, INC.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907254/000090725421000086/0000907254-21-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907254/000090725421000086/bfs-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907254-21-000086
- JSON: https://secwatch.observer/filing/0000907254-21-000086.json
- Plain text: https://secwatch.observer/filing/0000907254-21-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.