Manhattan Bridge Capital, Inc (LOAN) News
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Latest LOAN News From Around the Web
Below are the latest news stories about Manhattan Bridge Capital Inc that investors may wish to consider to help them evaluate LOAN as an investment opportunity.
Manhattan Bridge Capital, Inc. Declares Quarterly DividendGREAT NECK, N.Y., July 29, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that its board of directors has declared a quarterly dividend of $0.125 per share to be paid to all shareholders of record on October 8, 2021. The dividend will be paid on October 15, 2021. |
Manhattan Bridge Capital, Inc. Reports Second Quarter 2021 ResultsGREAT NECK, N.Y., July 23, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenues for the three months ended June 30, 2021 were approximately $1,713,000 compared to approximately $1,741,000 for the three months ended June 30, 2020, a decrease of $28,000, or 1.6%. The decrease in revenues was primarily attributable to lower interest rates charged on loans due to market conditions and intense competition from other lenders. For the three mont |
Manhattan Bridge Capital Announces Closing of Proposed Public Offering of Common SharesGREAT NECK, N.Y., July 09, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the closing of its previously announced underwritten public offering of 1,875,000 common shares, par value $0.001 per share, at a price to the public of $7.20 per share. In connection with the offering, the Company has also granted the underwriter a 30-day option to purchase up to an additional 281,250 common shares offered in the public offering, at the same public offering price per share, less underwriting discounts and commissions, to cover over-allotments, if any. The C... |
Manhattan Bridge Capital Announces Pricing of Proposed Public Offering of Common SharesGREAT NECK, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of its previously announced underwritten public offering. The Company is offering 1,875,000 common shares, par value $0.001 per share, at a price to the public of $7.20 per share. In connection with the offering, the Company has also granted the underwriter a 30-day option to purchase up to an additional 281,250 common shares offered in the public offering, at the same public offering price per share, less underwriting discounts and commissions, to cover over-all... |
Manhattan Bridge Capital Announces Proposed Public Offering of Common SharesGREAT NECK, N.Y., July 06, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today that it is proposing to offer its common shares, par value $0.001 per share, in an underwritten public offering. Manhattan Bridge Capital expects to grant the underwriter a 30-day option to purchase up to an additional 15 percent of its common shares offered in the public offering, at the same public offering price per share, less underwriting discounts and commissions, to cover over-allotments, if any. Manhattan Bridge Capital intends to use the net proceeds from the offeri... |
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly DividendGREAT NECK, N.Y., June 22, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on April 15, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on July 9, 2021. The dividend will be paid on July 15, 2021. SOURCE: Manhattan Bridge Capital, Inc. CONTACT: Contact: Assaf Ran, CEO (516) 444-3400 |
Here's Why We Think Manhattan Bridge Capital, Inc.'s (NASDAQ:LOAN) CEO Compensation Looks Fair for the time beingPerformance at Manhattan Bridge Capital, Inc. ( NASDAQ:LOAN ) has been reasonably good and CEO Assaf Ran has done a... |
Should Manhattan Bridge Capital (NASDAQ:LOAN) Be Disappointed With Their 53% Profit?There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But not every stock you... |
Recap: Manhattan Bridge Capital Q4 EarningsShares of Manhattan Bridge Capital (NASDAQ:LOAN) decreased 0.6% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 16.67% year over year to $0.10, which missed the estimate of $0.11. Revenue of $1,768,000 declined by 4.69% from the same period last year, which beat the estimate of $1,200,000. Looking Ahead Earnings guidance hasn't been issued by the company for now. View more earnings on LOAN Revenue guidance hasn't been issued by the company for now. Price Action 52-week high: $5.69 Company's 52-week low was at $2.54 Price action over last quarter: Up 29.55% Company Description Manhattan Bridge Capital Inc operates as a real estate investment trust that specializes in originating, servicing and managing a portfolio of first mortg... |
Manhattan Bridge Capital, Inc. Reports Results for 2020GREAT NECK, N.Y., March 11, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the year ended December 31, 2020 was approximately $4,229,000, or $0.44 per share (based on approximately 9.6 million weighted-average outstanding common shares), versus approximately $4,495,000, or $0.47 per share (based on approximately 9.7 million weighted-average outstanding common shares) for the year ended December 31, 2019, a decrease of $266,000, or 5.9%. This decrease is primarily attributable to a decrease in revenue, partially offset by a decrease in interest expense. Total revenue for the year ended December 31, 2020 was approximately $7,006,000 compared to approximately $7,340,000 for the year ended December 31, 2019, a decrease of $334,000,... |