---
schema_version: "secwatch.filing_event.v1"
accession: "0000907254-22-000013"
form_type: "8-K"
ticker: "BFS"
cik: "0000907254"
company_name: "SAUL CENTERS, INC."
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:11:36.614571+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Saul Centers Q4 2021 net income up 36% to $15.9M; FFO per diluted share $0.75

## Summary
- Total revenue $60.2M (+3.3% YoY); net income $15.9M vs $11.7M in Q4 2020.
- FFO available to common and noncontrolling interests $25.5M ($0.75 diluted) vs $22.1M ($0.71) YoY.
- Same-property operating income +5.6% for Q4; Shopping Center +4.9%, Mixed-Use +7.8%.
- Commercial portfolio 92.0% leased (flat YoY); residential (The Waycroft) 97.1% leased up from 85.5%.
- As of Feb 18, 2022 collected 99% of Q4 2021 rent and 97% of Jan 2022 rent.

## SEC filing metadata
- accession: 0000907254-22-000013
- form_type: 8-K
- ticker: BFS
- cik: 0000907254
- company_name: SAUL CENTERS, INC.
- filed_at: 2022-02-24T23:59:59+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/907254/000090725422000013/0000907254-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907254/000090725422000013/bfs-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907254-22-000013
- JSON: https://secwatch.observer/filing/0000907254-22-000013.json
- Plain text: https://secwatch.observer/filing/0000907254-22-000013.txt

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