<a href="https://laohu8.com/S/LOAN">Manhattan Bridge</a> Capital Reports Q3 Revenue Down 12%, Net Income Falls 14%
Manhattan Bridge Capital Inc. reported net income of $1.202 million for the third quarter ended September 30, 2025, compared to $1.399 million for the same period in 2024, a decrease of $0.197 million or 14.1%. Total revenues for the third quarter were $2.036 million, down from $2.313 million in the prior-year period, reflecting a decrease of $0.277 million or 12.0%. For the nine months ended September 30, 2025, net income was $3.988 million, compared to $4.285 million in the corresponding period of 2024, a decrease of $0.297 million or 6.9%. Revenues for the nine-month period were $6.665 million, a decrease of $0.665 million or 9.1% from $7.330 million in the prior-year period. The decreases in net income and revenues were primarily attributed to lower interest income and reduced origination fees, resulting from a reduction in loans receivable and a slowdown in new loan originations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Manhattan Bridge Capital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9551438-en) on October 24, 2025, and is solely responsible for the information contained therein.
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