J. Page Lansdale
On January 9, 2025, J. Page Lansdale resigned from the Board of Directors of Saul Centers, Inc.
Highest-materiality recent filing
Saul Centers holds 2026 annual meeting; re-elects four directors, approves advisory say-on-pay
Elected B. Francis Saul II, D. Todd Pearson, H. Gregory Platts, Helgi C. Walker to three-year terms expiring 2029.
Total revenue $78.3M (up from $71.9M); net income $12.0M (down from $12.8M) due to Hampden House initial operations.
Saul Centers Q4 net income drops to $8.2M; EPS $0.15; revenue up to $75.1M
Revenue $75.1M vs $67.9M in Q4 2024; net income decreased to $8.2M from $10.4M.
John E. Chapoton resigns from Saul Centers' Board of Directors
John E. Chapoton resigned from the Board effective November 25, 2025.
Q3 net income $14M vs $19.6M YoY; EPS $0.32 vs $0.48; Twinbrook startup drags
Total revenue $72.0M, up from $67.3M in prior-year quarter.
Saul Centers Q2 2025 net income down 27% to $14.2M; EPS $0.33 vs $0.48 YoY
Total revenue rose to $70.8M from $66.9M YoY, but net income fell to $14.2M from $19.5M.
Saul Centers upsizes credit facility to $600M and extends maturities
New $600M senior unsecured facility replaces $525M facility; $460M revolver and $140M term loan.
Saul Centers elects three directors, ratifies auditor; posts annual presentation on website
Patricia Saul Lotuff, George P. Clancy Jr., and Andrew M. Saul II elected to Board for three-year terms expiring 2028.
Saul Centers Q1 EPS $0.29 vs $0.45; net income $12.8M
Total revenue $71.9M, up from $66.7M in Q1 2024; net income dropped to $12.8M from $18.3M.
Saul Centers Q4 2024 net income drops to $10.4M from $17.5M; EPS $0.22 vs $0.43 YoY
Total revenue $67.9M, up from $66.7M in Q4 2023.
Director J. Page Lansdale resigns from Saul Centers board, no disagreement
J. Page Lansdale resigned from the Board on January 9, 2025.
Saul Centers Q3 net income $0.48/share vs $0.42; revenue up to $67.3M
Total revenue $67.3M, up from $63.8M (+5.5%) YoY.
Saul Centers Q2 2024: Revenue $66.9M (+5%); EPS $0.48, same-property income +5.1%
Net income $19.5M ($0.48/share) vs $17.2M ($0.43) in prior-year quarter; revenue up 5% to $66.9M.
Saul Centers shareholders elect directors, approve share increase and 2024 stock plan
Elected Philip D. Caraci, Willoughby B. Laycock, LaSalle D. Leffall III, Earl A. Powell III, and Mark Sullivan III to board for three-year terms.
Saul Centers Q1 2024 revenue up 5.9% to $66.7M; EPS flat at $0.45
Total revenue $66.7M (+5.9% YoY); net income $18.3M vs $17.7M.
Saul Centers Q4 2023 revenue $66.7M, FFO $0.79/share, same-property income up 8.8%
Q4 net income $17.5M vs $15.4M; diluted EPS $0.43 vs $0.38.
Saul Centers EVP Leasing Netter to retire Dec 31; consulting deal for $470K through June 2024
Christopher H. Netter will retire as EVP-Leasing effective Dec 31, 2023.
Saul Centers Q3 2023 revenue rises to $63.8M, EPS $0.42 vs $0.38 YoY
Total revenue $63.8M, up from $61.1M YoY; net income $16.7M vs $15.5M.
EVP-Leasing Christopher Netter to retire Dec 31, 2023; search underway
Christopher H. Netter resigned as EVP – Leasing, retiring effective Dec 31, 2023.
Saul Centers Q2 revenue up 5.6% to $63.7M; EPS flat at $0.43
Net income available to common $10.4M ($0.43 per share) vs $10.2M ($0.43) a year ago.
Saul Centers annual meeting re-elects directors, ratifies auditor, say-on-pay approved
Elected B. Francis Saul II, John E. Chapoton, D. Todd Pearson, H. Gregory Platts to board for three-year terms expiring 2026.
Saul Centers Q1 2023: net income $17.7M, EPS $0.45, revenue $63.0M
Revenue $63.0M vs $62.1M YoY (+1.4%); net income $17.7M vs $17.5M.
Saul Centers appoints Patricia Saul Lotuff to Board, effective March 9, 2023
Lotuff is daughter of Chairman/CEO B. Francis Saul II, sister of director Andrew M. Saul II, and aunt of director Willoughby B. Laycock.
Saul Centers Q4 2022 FFO per share down to $0.72 from $0.75; net income falls
Total revenue $62.3M, up 3.5% YoY; net income $15.4M vs $15.9M in Q4 2021.
Saul Centers Q3 revenue up to $61.1M; EPS down to $0.38 from $0.44
Revenue $61.1M vs $60.3M in prior-year quarter.
Saul Centers Q2 net income $17.0M, diluted EPS $0.43; FFO per share $0.78
Total revenue $60.3M, up 0.5% YoY; net income $17.0M vs $16.1M.
Saul Centers posts annual shareholder presentation with no specific financial metrics disclosed
Annual meeting held May 13, 2022; directors Clancy, Lansdale, and Saul II reelected for three-year terms.
Saul Centers Q1 2022 net income up to $17.5M; FFO $0.81/diluted share
Revenue $62.1M (+5.8% YoY); net income $17.5M vs $12.8M; diluted EPS $0.44 vs $0.32.
Saul Centers Q4 2021 net income up 36% to $15.9M; FFO per diluted share $0.75
Total revenue $60.2M (+3.3% YoY); net income $15.9M vs $11.7M in Q4 2020.
Saul Centers Q3 2021 revenue up to $60.3M; diluted EPS $0.44 vs $0.28 YoY
Net income available to common $10.3M ($0.44 diluted) vs $6.6M ($0.28) in prior-year quarter.
Saul Centers upsizes credit facility to $525M, extends maturities to 2025/2027
New $525M facility ($425M revolver + $100M term loan) replaces $400M prior facility, increasing capacity by $125M.
Saul Centers Q2 revenue $60M, net income $16.1M, FFO $0.82/share; commercial leased 92.5%
Total revenue $60.0M, up 12.8% YoY; net income $16.1M vs $10.2M; diluted EPS $0.42 vs $0.24.
On January 9, 2025, J. Page Lansdale resigned from the Board of Directors of Saul Centers, Inc.
Christopher H. Netter announced he will retire as Executive Vice President – Leasing of the Company effective December 31, 2023.
On October 10, 2023, Christopher H. Netter tendered his resignation as Executive Vice President – Leasing of Saul Centers, Inc. (the “Company”). Mr. Netter will retire effective December 31, 2023, for personal reasons.
Effective as of March 9, 2023, Ms. Patricia Saul Lotuff was appointed to the Board of Directors (“Board”) of Saul Centers, Inc. (the “Company”).
Max materiality 0.75 · Median 0.55 · Most common event earnings