Manhattan Bridge Capital expands buyback of LOAN stock to 250,000 shares

Published on 10/14/2026 at 00:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Manhattan Bridge Capital will pay USD 0.11 per share on October 15, 2026. For LOAN stock, Q2 2026 diluted earnings per share was USD 0.10.

Capital return plans and results

The board approved a 250,000-share repurchase authorization with a 12-month extension on October 9, 2026.
Manhattan Bridge Capital will pay USD 0.11 per share on October 15, 2026.
Second-quarter 2026 diluted earnings per share was USD 0.10 versus a USD 0.11 consensus estimate.

LOAN, US5628031065, Illustration mit AI erstellt.

Manhattan Bridge Capital (US5628031065) expanded its share repurchase authorization to 250,000 common shares on October 9, 2026, from 100,000 shares, and extended the program by 12 months, according to GlobeNewswire. The authorization gives Manhattan Bridge Capital discretion over the timing and number of purchases.

Three dated capital return events

On July 28, 2026, the board declared a quarterly dividend of USD 0.11 per share, payable on October 15, 2026, according to GlobeNewswire. The October 9 buyback decision followed that dividend declaration and extended the repurchase program through an additional 12-month period.

On July 23, 2026, Manhattan Bridge Capital reported second-quarter diluted earnings per share of USD 0.10 versus a USD 0.11 consensus estimate, a shortfall of 9.09 percent, according to Zonebourse. The same report lists second-quarter net income at USD 1.15 million against a USD 1.26 million estimate.

What does the buyback mean?

The authorization increases the permitted repurchase volume by 150,000 shares, or 150.00 percent, compared with the former 100,000-share limit. The filing also states that the program does not require Manhattan Bridge Capital to buy shares, so the approved capacity is not the same as completed repurchases.

Buyback authorization remains discretionary

Manhattan Bridge Capital offers short-term secured loans to real estate investors in the New York metropolitan area, New Jersey, Connecticut and Florida, according to the company release. The business therefore combines a capital-return policy with lending exposure to collateral values, borrower concentration and interest rates.

Manhattan Bridge Capital will pay USD 0.11 per share on October 15, 2026, while the second-quarter diluted earnings per share result stood at USD 0.10. The further course of trading is shown by the continuously updated real-time quote of Manhattan Bridge Capital stock.