SAUL CENTERS, INC. (BFS) Form 10-Q — Aug 6, 2026
Saul Centers' Q2 2026 total revenue rose 8.4% year over year to $76.8 million, but net income fell to $11.5 million from $14.2 million and EPS declined to $0.24 from $0.33. FFO available to common stockholders and noncontrolling interests was $24.8 million, or $0.69 per diluted share, down 2.3% from $0.73 a year earlier. The earnings decline was driven by a $4.0 million adverse impact from the initial operations of Hampden House in Bethesda; excluding that drag, net income rose $1.3 million on higher residential and commercial base rent. For the first six months, revenue grew 8.7% to $155.1 million while EPS fell to $0.50 from $0.62.
Key figures
- Eps
- 0.24
- Revenue
- 76791000
- Net Income
- 11546000
- Total Debt
- 1630000000
- Revenue Yoy
- 8.4
- Total Assets
- 2159470000
- Cash Position
- 5877000
- Ffo q2
- 24785000
- Six month eps
- 0.5
- Ffo six months
- 49946000
- Ffo per share q2
- 0.69
- Prior year q2 eps
- 0.33
- Six month revenue
- 155050000
- Shares outstanding
- 24717101
- Fixed rate debt pct
- 92.1
- Interest expense q2
- 20034000
- Same property noi q2
- 52007000
- Six month net income
- 23589000
- Prior year q2 revenue
- 70834000
- Commercial leasing pct
- 94.7%
- Ffo per share q2 prior
- 0.73
- Ffo per share six months
- 1.4
- Interest expense yoy pct
- 19.1
- Prior year six month eps
- 0.62
- Six month revenue yoy pct
- 8.7
- Twinbrook retail leased pct
- 95.7%
- Credit facility availability
- 158100000
- Weighted avg debt term years
- 9.6
- Closing share price jun 30 2026
- 37.39
- Hampden house retail leased pct
- 85.1%
- Same property noi growth q2 pct
- 6.9
- Ashland square phase2 leased pct
- 65.7%
- Hampden house drag q2 net income
- 4000000
- Quarterly distribution per share
- 0.59
- Twinbrook residential leased pct
- 95.4%
- Hampden house residential leased pct
- 64.2%
- Same property noi growth six month pct
- 7.9
- Hampden house drag six month net income
- 8800000
Price after filing
Close on the filing date to close N calendar days later (from $34.14). Historical, not a forecast.
AI analysis
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