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Manhattan Bridge Capital, Inc - $LOAN STOCK NEWS

Welcome to our dedicated page for Manhattan Bridge Capital news (Ticker: $LOAN), a resource for investors and traders seeking the latest updates and insights on Manhattan Bridge Capital stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Manhattan Bridge Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Manhattan Bridge Capital's position in the market.

Rhea-AI Summary
Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) reported a net income of approximately $1,476,000 for the first quarter of 2024, a 17.1% increase from the same period in 2023. Total revenues were approximately $2,573,000, up by 7.3% driven by higher interest rates on commercial loans. The company's revenue primarily comes from interest income on secured commercial loans offered to real estate investors. Total shareholders' equity as of March 31, 2024, stood at approximately $43,087,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
-
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (LOAN) declares a cash dividend of $0.115 per share to be paid to shareholders of record on April 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
dividends
-
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (LOAN) declares a quarterly dividend of $0.115 per share, to be paid on July 15, 2024, to shareholders of record on July 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
dividends
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (LOAN) reports a 5.1% increase in net income for 2023, reaching $5,476,000. Total revenue rose by 14.3% to $9,796,000, driven by higher interest rates on commercial loans. Operating costs and expenses increased by 28.9% primarily due to higher interest expenses and bonuses. Shareholders' equity slightly increased to $42,933,000. A share buyback program was initiated, repurchasing 54,294 common shares by December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
none
-
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on April 10, 2024, with the payment scheduled for April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
dividends
-
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) declares a cash dividend of $0.1125 per share, payable to shareholders of record on December 29, 2023, in line with the board approved dividend declared on November 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
dividends
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (LOAN) Declares Quarterly Dividend of $0.1125 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
dividends
-
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced an increase in net income and total revenues for the three and nine months ended September 30, 2023 compared to the same periods in 2022. The increase is primarily due to higher interest income from loans. The company also disclosed a share buyback program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
-
Rhea-AI Summary
Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) declares cash dividend of $0.1125 per share, to be paid on October 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
dividends
Manhattan Bridge Capital, Inc

Nasdaq:LOAN

LOAN Rankings

LOAN Stock Data

56.74M
8.63M
24.54%
23.73%
0.25%
Sales Financing
Finance and Insurance
Link
United States of America
GREAT NECK,

About LOAN

manhattan bridge capital inc (loan) is a computer software company located in 192 lexington ave, new york, new york, united states.