Every 10-Q that Manhattan Bridge Capital, Inc (LOAN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LOAN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LOAN filings page.
Manhattan Bridge Capital, Inc. reported lower results for the quarter and six months ended June 30, 2026. Q2 2026 revenue was $2,045,203, down 13.2% year over year, and net income was $1,152,647, down 18.4%, mainly due to lower loan interest rates, reduced origination fees, and discretionary payoff credits amid increased competition.
For the first half of 2026, revenue was $4,112,847 and net income $2,426,971, both below 2025 levels, though interest expense declined as average borrowings and SOFR rates fell. Loans receivable, net, were $61,772,768, with total assets of $63,993,524. One Florida borrower with about $935,000 outstanding is delinquent; foreclosure counsel has been engaged, but management believes collateral value substantially exceeds the balance and recorded no credit loss allowance.
The company finances its portfolio primarily through a $32.5 million Webster Credit Line (maturing February 28, 2029) and a $10.0 million Valley Credit Line (maturing December 12, 2027), with borrowings of $13,266,966 and $6,042,500, respectively, at rates of roughly 6.9% and 6.6%. As a REIT, it continues to pay regular dividends, including a $0.11 per share cash dividend (aggregate $1,256,806) paid July 15, 2026, and has repurchased 13,142 shares under a 100,000-share buyback authorization.
Manhattan Bridge Capital reported modestly softer results for the three months ended March 31, 2026. Total revenue was about $2.07 million, down from roughly $2.27 million a year earlier, as interest income and origination fees both declined. Net income slipped to approximately $1.27 million, or $0.11 per basic and diluted share, compared with about $1.37 million, or $0.12 per share, in the prior-year quarter.
Loans receivable, net, increased to roughly $61.9 million from $60.2 million at year-end 2025, while total assets reached about $64.3 million. Borrowings on credit lines rose to approximately $19.4 million, supporting continued lending activity. The company extended its primary $32.5 million Webster revolving credit facility to February 28, 2029 and remained in covenant compliance. It also continued returning cash to shareholders, declaring and paying quarterly cash dividends of $0.11 per share, and repurchasing a small number of shares under its authorized buyback program. Management reported no loan impairments and continues to operate as a single real estate lending segment.
Manhattan Bridge Capital (Nasdaq: LOAN) filed its Q3 2025 report, showing softer activity but steady profitability. Revenue for the quarter was $2,035,753 versus $2,313,333 a year ago, and net income was $1,202,180 versus $1,399,286. For the nine months, revenue was $6,664,702 and net income was $3,988,282, reflecting lower loan originations and a smaller portfolio, partly offset by reduced interest expense.
Loans receivable, net, were $57,961,155 at September 30, 2025, down from $65,405,731 at year-end. The Webster Credit Line totals $32.5 million through February 28, 2026; $9,049,624 was outstanding at quarter end at an approximate 7.8% rate. MBC Funding II has $6,000,000 of 6% senior secured notes due April 22, 2026, and the company plans to redeem them prior to maturity. A cash dividend of $0.115 per share ($1,315,445 aggregate) was paid on October 15, 2025. Total assets were $59,988,878 and stockholders’ equity was $43,316,872. Common shares outstanding were 11,438,651 as of October 24, 2025.