secwatch.observer — SEC 8-K summary
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Issuer:     SAUL CENTERS, INC. (BFS)
CIK:        0000907254
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0000907254-26-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saul Centers Q1 2026: revenue $78.3M (+9% YoY); diluted EPS $0.26 vs $0.29; Hampden House occupancy 45.6%
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- Total revenue $78.3M (up from $71.9M); net income $12.0M (down from $12.8M) due to Hampden House initial operations.
- Diluted EPS $0.26 vs $0.29; net income available to common stockholders $6.3M vs $7.0M.
- Hampden House opened Oct 2025 with 366 units; as of May 4, 2026: 45.6% residential leased, 85.1% retail space leased.
- Same property revenue +7.4%, same property NOI +9.0%; Shopping Center NOI +3.4%, Mixed-Use NOI +24.9%.
- Hampden House negatively impacted net income by $4.8M, including $2.8M reduction in capitalized interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907254/000090725426000031/0000907254-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907254/000090725426000031/bfs-20260507.htm
  HTML page:      https://secwatch.observer/filing/0000907254-26-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer