GlobeNewswire·Mar 27, 2026, 5:05 PM ET

Manhattan Bridge Capital, Inc. Reports 2025 Results

LOAN

Manhattan Bridge Capital reported net income of approximately $5.11 million ($0.45 per share) for the year ended December 31, 2025, a decrease of 8.6% from $5.59 million in 2024.
Total revenue declined 10.6% to approximately $8.67 million in 2025 from $9.69 million in 2024, driven by lower interest income & reduced origination fees.
Interest income fell to $7.18 million in 2025 from $8.05 million in 2024 due to decreased loans receivable, while origination fees dropped to $1.49 million from $1.64 million.
Operating costs & expenses decreased 13.2% to approximately $3.57 million in 2025 from $4.12 million in 2024, primarily due to lower interest expense from reduced SOFR rates & borrowings.
Total shareholders' equity was approximately $43.1 million as of December 31, 2025, down slightly from $43.27 million at the end of 2024.
The company repurchased 6,200 shares for approximately $29,000 under a new share repurchase program authorized in November 2025, which allows for up to 100,000 shares.
Chairman & CEO Assaf Ran cited a conservative lending strategy in response to market risks, including local political factors, antisemitism, & high interest rates.
Loans receivable, net, decreased to $60.22 million in 2025 from $65.41 million in 2024.
Total liabilities reduced to approximately $19.25 million in 2025 from $24.10 million in 2024, with the senior secured notes fully repaid.
Cash used in financing activities was approximately $10.22 million in 2025, largely driven by dividend payments of $5.26 million & credit facility repayments.