Manhattan Bridge Capital, Inc. Reports Third Quarter Results for 2026
Key Highlights
- ➤Q3 revenue $2.054 million, up 0.9% year over year
- ➤Q3 net income $1.238 million, up 3.0%; EPS held at $0.11
- ➤Nine-month revenue $6.166 million, down 7.5% year over year
- ➤Nine-month net income $3.665 million, down 8.1%; EPS fell to $0.32
- ➤Repurchase authorization increased to 250,000 shares through October 8, 2027
Expert Statements
Assaf Ran, Chairman of the Board and Chief Executive Officer of Manhattan Bridge Capital, Inc.
“The increasing interest rate environment is raising pressure on the real estate markets, rent-to-mortgage-payment ratios are getting tighter, and sales are lingering as fewer buyers qualify for loans. Yet, unexpectedly, hard money rates haven’t increased much at this point due to intense competition. The facts that we’re exceptionally low leveraged and conservative are beneficial during these times.”
GREAT NECK, N.Y., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its total revenues for the three months ended September 30, 2026 were approximately $2,054,000, compared to approximately $2,036,000 for the same period in 2025, representing an increase of approximately $18,000, or 0.9%. The increase was primarily attributable to higher origination fees, partially offset by lower interest income resulting from lower interest rates charged to borrowers due to increased competition in the marketplace. For the three months ended September 30, 2026 and 2025, approximately $1,662,000 and $1,770,000, respectively, of the Company’s revenues were attributable to interest income on secured commercial loans offered to real estate investors, and approximately $392,000 and $265,000, respectively, of the Company’s revenues were attributable to origination fees on such loans. The loans are principally secured by real estate collateral and accompanied by personal guarantees from the principals of the borrowers.
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