---
schema_version: "secwatch.filing_event.v1"
accession: "0000907254-23-000007"
form_type: "8-K"
ticker: "BFS"
cik: "0000907254"
company_name: "SAUL CENTERS, INC."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T16:45:57.335944+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Saul Centers Q4 2022 FFO per share down to $0.72 from $0.75; net income falls

## Summary
- Total revenue $62.3M, up 3.5% YoY; net income $15.4M vs $15.9M in Q4 2021.
- Net income available to common $9.1M ($0.38 per share) vs $9.4M ($0.40) in prior year.
- FFO available to common and noncontrolling interests $24.7M ($0.72 diluted) vs $25.5M ($0.75).
- Same property revenue +3.5%, same property operating income +1.1%; commercial portfolio 93.2% leased.
- Full year 2022 FFO $103.2M ($3.04 diluted) vs $100.7M ($3.04 diluted) – flat on diluted basis.

## SEC filing metadata
- accession: 0000907254-23-000007
- form_type: 8-K
- ticker: BFS
- cik: 0000907254
- company_name: SAUL CENTERS, INC.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907254/000090725423000007/0000907254-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907254/000090725423000007/bfs-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907254-23-000007
- JSON: https://secwatch.observer/filing/0000907254-23-000007.json
- Plain text: https://secwatch.observer/filing/0000907254-23-000007.txt

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