The 13.2% YoY revenue decline is a clear headwind for LOAN, but the in-line EPS and absence of guidance suggest limited near-term downside. Monitor next quarter for whether competitive pressure on rates and fees persists or stabilizes.
Price Chart
Executive Summary
Manhattan Bridge Capital reported Q2 2026 revenue of ~$2.045M, down 13.2% YoY from ~$2.355M, driven by lower interest rates and origination fees amid increased competition, plus $85K in discretionary credits. EPS of $0.11 was in line with the single-analyst consensus estimate. The revenue decline is material for a small-cap REIT, but the in-line EPS and lack of guidance change keep the event from being strongly bearish.
Key Financial Metrics
Key Facts
- Total revenue for Q2 2026 was ~$2.045M, down 13.2% YoY from ~$2.355M.
- EPS of $0.11 was exactly in line with consensus estimate.
- Interest income fell to ~$1.738M from ~$1.899M YoY; origination fees dropped to ~$307K from ~$456K.
- Company granted ~$85K in discretionary payoff and refinancing credits during the quarter.
- Revenue decline attributed to lower interest rates and increased competition despite higher loan origination volume and capital deployed.
Financial Impact
Revenue declined ~$310K or 13.2% YoY; EPS in line at $0.11
Risk Factors
- Continued revenue compression from lower interest rates and competitive pricing pressures
- Potential further discretionary credits to borrowers impacting net income
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3332620 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 4d ago | Press Release | $3.49 | awaiting T+60 | — | $3.48 (−0.29%) |
Oct 9, 2026 17d ago | 8-K | $3.43 | awaiting T+60 | — | $3.48 (+1.46%) |
Sep 23, 2026 4w ago | Press Release | $3.90 | awaiting T+60 | — | $3.48 (−10.77%) |
Jul 23, 2026 13w ago | Press Release | $3.97 $3.42 | ▲ +13.85% | ▲ +17.15% | $3.48 (+12.34%) |
Apr 16, 2026 27w ago | Press Release | $4.62 $4.23 | ▲ +8.44% | ▲ +15.49% | $3.48 (+24.68%) |
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