Recent Updates — BFS

Saul Centers, Inc. reported financial results for the quarter ended June 30, 2026. Total revenue increased to $76.8 million from $70.8 million in the prior year period. Net income decreased to $11.5 million from $14.2 million, adversely impacted by $4.0 million due to initial operations of Hampden House. Exclusive of Hampden House, net income rose by $1.3 million driven by higher residential and commercial base rents. Net income available to common stockholders fell to $6.0 million, or $0.24 per share, from $7.9 million, or $0.33 per share. Funds from operations (FFO) decreased to $24.8 million, or $0.69 per share, from $25.4 million, or $0.73 per share. Same property revenue grew 6.9% and same property net operating income increased 6.9%. The company operates a portfolio of community shopping centers and mixed-use properties primarily in the Washington, D.C./Baltimore metropolitan area.