---
schema_version: "secwatch.filing_event.v1"
accession: "0000907254-23-000096"
form_type: "8-K"
ticker: "BFS"
cik: "0000907254"
company_name: "SAUL CENTERS, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:32:36.730309+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Saul Centers Q3 2023 revenue rises to $63.8M, EPS $0.42 vs $0.38 YoY

## Summary
- Total revenue $63.8M, up from $61.1M YoY; net income $16.7M vs $15.5M.
- Diluted EPS $0.42 vs $0.38 from continuing operations.
- Same-property revenue +4.4%, same-property operating income +3.1%.
- Shopping center operating income $34.1M; mixed-use $12.3M.
- Net income available to common $10.0M for the quarter.

## SEC filing metadata
- accession: 0000907254-23-000096
- form_type: 8-K
- ticker: BFS
- cik: 0000907254
- company_name: SAUL CENTERS, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907254/000090725423000096/0000907254-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907254/000090725423000096/bfs-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907254-23-000096
- JSON: https://secwatch.observer/filing/0000907254-23-000096.json
- Plain text: https://secwatch.observer/filing/0000907254-23-000096.txt

## Key facts
- Earnings Releases
  SAUL CENTERS, INC. reported quarter ended September 30, 2023 results: revenue Total revenue for the 2023 Quarter increased to $63.8 million from $61.1 million for the quarter ended September 30, 202, net income Net income increased to $16.7 million for the 2023 Quarter from $15.5 million for the 2022 Quarter, EPS Net income available to common stockholders increased to $10.0 million, or $0.42 per basic and diluted share, for the 20.
  - Period: quarter ended September 30, 2023
  - Revenue: Total revenue for the 2023 Quarter increased to $63.8 million from $61.1 million for the quarter ended September 30, 202
  - Net income: Net income increased to $16.7 million for the 2023 Quarter from $15.5 million for the 2022 Quarter
  - EPS: Net income available to common stockholders increased to $10.0 million, or $0.42 per basic and diluted share, for the 20
  - Result: reported results
  source text: Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust (“REIT”), announced operating results for the quarter ended September 30, 2023 (“2023 Quarter”). Total revenue for the 2023 Quarter increased to $63.8 million from $61.1 million for the quarter ended September 30, 2022 (“2022 Quarter”). Net income increased to $16.7 million for the 2023 Quarter from $15.5 million for the 2022 Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/907254/000090725423000096/0000907254-23-000096-index.htm

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