Manhattan Bridge Capital Reports Decline in Q1 Profit and Revenue

Manhattan Bridge Capital Inc. (LOAN) has released its financial results for the first quarter of 2026, revealing a retreat in overall profitability and revenue generation. The company's performance indicates a slight downturn in operational momentum compared to the same period in the prior year. According to the reported figures, the company generated $2.07 million in revenue for the quarter, marking an 8.8% decrease from the $2.27 million recorded during the first quarter of the previous year. This decline in top-line growth contributed to a corresponding dip in net earnings. Net profit for the period totaled $1.27 million, or $0.11 per share. This is a decrease from the $1.37 million, or $0.12 per share, reported in the first quarter of the prior year. The results highlight a tightening of the company's financial output across both key metrics. While the absolute figures represent a modest shift, the simultaneous decline in revenue and earnings per share suggests a challenging start to the fiscal year. Market participants will likely look toward future guidance to determine if this contraction is a temporary fluctuation or a broader trend in the company's asset management and lending activities.