secwatch.observer — SEC 8-K summary
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Issuer:     SAUL CENTERS, INC. (BFS)
CIK:        0000907254
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0000907254-22-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907254/000090725422000013/0000907254-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907254/000090725422000013/bfs-20220224.htm
  HTML page:      https://secwatch.observer/filing/0000907254-22-000013

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