LOAN Overview

Stock Repurchase Plan: Manhattan Bridge Capital, Inc. has authorized a plan to repurchase up to 100,000 common shares over the next twelve months, citing a significant decline in stock price as an opportunity.

Management's Confidence: CEO Assaf Ran expressed confidence in the company's future prospects, highlighting low leverage and strong management commitment as reasons for the buyback decision.

Business Overview: The company specializes in providing short-term secured loans to real estate investors in the New York metropolitan area and Florida, focusing on property acquisition and improvement.

Forward-Looking Statements: The press release includes forward-looking statements that may involve risks and uncertainties, cautioning investors about potential discrepancies between projected and actual results.

Oversold Stocks Opportunity: The financial sector has several oversold stocks, identified by a Relative Strength Index (RSI) below 30, indicating potential buying opportunities for undervalued companies.

Trupanion Inc Performance: Trupanion reported better-than-expected quarterly earnings but saw its stock fall 12% over the past month, with an RSI of 29.6 and a closing price of $37.74.

LendingTree Inc Update: LendingTree exceeded third-quarter estimates and raised its FY2025 sales guidance, yet its stock dropped 14% recently, with an RSI of 29.2 and a closing price of $49.12.

Manhattan Bridge Capital Insights: Manhattan Bridge Capital reported disappointing quarterly earnings, with a stock decline of 11% and an RSI of 28.9, closing at $4.65, amid challenges in the real estate market.

Financial Performance: Manhattan Bridge Capital, Inc. reported a net income of approximately $1.2 million for Q3 2025, a decrease of 14.1% from the previous year, primarily due to lower revenue from interest income and origination fees.

Revenue Decline: Total revenues for Q3 2025 were about $2.04 million, down 12% from $2.31 million in Q3 2024, attributed to reduced interest income from a decrease in loans receivable and a slowdown in new loan originations.

Year-to-Date Results: For the nine months ending September 30, 2025, net income was approximately $3.99 million, a 6.9% decrease compared to the same period in 2024, with total revenues falling to about $6.67 million, down 9.1%.

Market Conditions: The CEO noted that while paid-off loans exceeded averages, the slow real estate market has extended redevelopment times, contributing to the decline in revenue and income.

Dividend Announcement: Manhattan Bridge Capital, Inc. has declared a cash dividend of $0.115 per share, approved by the board on July 28, 2025.

Payment Details: The dividend will be paid to shareholders of record on October 8, 2025, with the payment date set for October 15, 2025.