Manhattan Bridge (LOAN) 5.41 $LOAN
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GlobeNewswire - Mon May 02, 3:09PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved a $0.09 per share quarterly dividend to be paid to all shareholders of record on July 8, 2016 with pay date on July 15, 2016.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital Reports 46.0% Increase in Net Income
GlobeNewswire - Mon May 02, 6:34AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that net income for the three month period ended March 31, 2016 was approximately $695,000 or $0.10 per share, versus approximately $476,000 or $0.08 per share for the three month period ended March 31, 2015, an increase in net income of 46.0% or in earnings per share of 25%. This increase is primarily attributable to the increase in revenue and the decrease in operating expenses.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Senior Secured Notes by its Wholly Owned Subsidiary MBC Funding II Corp.
GlobeNewswire - Mon Apr 25, 4:40PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of $6,000,000 aggregate principal amount of 6% senior secured notes due April 22, 2016 by its wholly-owned subsidiary, MBC Funding II Corp (NYSE MKT:LOAN/26). Manhattan Bridge Capital is guaranteeing MBC Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Prices $6,000,000 Offering of Senior Secured Notes Issued by Its Wholly-Owned Subsidiary, MBC Funding II Corp
GlobeNewswire - Fri Apr 15, 4:30PM CDT
Manhattan Bridge Capital Inc. (NASDAQ:LOAN) ("LOAN" or "the Company"
, MBC Funding II Corp (NYSE:LOAN/26) ("Funding", a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering by its wholly owned subsidiary, MBC Funding II Corp ("Funding" of $6,000,000 aggregate principal amount of Funding's 6% senior notes due April 30, 2026. MBC is guaranteeing Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are expected to be approximately $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. The offering is expected to close on April 22, 2016, subject to customary closing conditions.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.085 per Share Dividend
GlobeNewswire - Fri Apr 01, 6:00AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that, in accordance with the board approved dividend declared on February 11, 2016, a cash dividend of $0.085 per share will be paid to all shareholders of record on April 8, 2016 with pay date on April 15, 2016.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Declares Increased Quarterly Dividend of $0.085 Per Share
GlobeNewswire - Mon Nov 02, 6:00AM CST
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved an increased $0.085 per share quarterly dividend to be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Closing of Over-Allotment Option Shares
GlobeNewswire - Wed Jun 24, 10:54AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced that, on June 19, 2015, Aegis Capital Corp., the sole underwriter of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share, has elected to partially exercise the over-allotment option for an additional 105,000 common shares. The closing with respect to these over-allotment option shares was consummated on June 24, 2015. Gross proceeds to Manhattan Bridge Capital from the sale of the over-allotment option shares will be $460,950 resulting in total gross proceeds from the offering of approximately $4,920,000, before deducting underwriting discounts and commissions and other estimated offering expenses. The over-allotment option covers a total of 152,250 common shares, of which 47,250 remain, and expires July 6, 2015.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering
GlobeNewswire - Fri May 29, 11:06AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share. Gross proceeds to Manhattan Bridge Capital from the offering were approximately $4,460,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriters a 45-day option to purchase up to 152,250 additional common shares to cover over-allotments, if any.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital Announces Pricing of Public Offering of Common Shares
GlobeNewswire - Fri May 22, 4:09PM CDT
Manhattan Bridge Capital Inc. (Nasdaq:LOAN) ("the Company", a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering of 1,015,000 common shares, par value $0.001 per share, at a price to the public of $4.39 per share. The gross proceeds to Manhattan Bridge Capital from the public offering are expected to be approximately $4,450,000 before underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriter a 45-day option to purchase up to an additional 152,250 common shares from the Company to cover over-allotments, if any. The offering is expected to close on May 29, 2015, subject to customary closing conditions.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital Reports 49.8% Increase in First Quarter Revenues; 128% Increase in Net Income and 60% Increase in Earnings Per Share
GlobeNewswire - Mon May 04, 6:17AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that total revenues for the three month period ended March 31, 2015 were approximately $912,000 compared to approximately $609,000 for the three month period ended March 31, 2014, an increase of $303,000 or 49.8%. The increase in revenue represents an increase in lending operations. In 2015, approximately $757,000 of our revenue represents interest income on secured, commercial loans that we offer to small businesses compared to approximately $507,000 for the same period in 2014, and approximately $155,000 represents origination fees on such loans compared to approximately $102,000 for the same period in 2014. The loans are principally secured by collateral consisting of real estate and, generally, accompanied by personal guarantees from the principals of the businesses.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Reports Results for 2014
GlobeNewswire - Mon Mar 23, 6:15AM CDT
Revenue Increases by 28.5% to Approximately $2.9 Million
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GlobeNewswire - Mon May 02, 3:09PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved a $0.09 per share quarterly dividend to be paid to all shareholders of record on July 8, 2016 with pay date on July 15, 2016.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital Reports 46.0% Increase in Net Income
GlobeNewswire - Mon May 02, 6:34AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that net income for the three month period ended March 31, 2016 was approximately $695,000 or $0.10 per share, versus approximately $476,000 or $0.08 per share for the three month period ended March 31, 2015, an increase in net income of 46.0% or in earnings per share of 25%. This increase is primarily attributable to the increase in revenue and the decrease in operating expenses.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Senior Secured Notes by its Wholly Owned Subsidiary MBC Funding II Corp.
GlobeNewswire - Mon Apr 25, 4:40PM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of $6,000,000 aggregate principal amount of 6% senior secured notes due April 22, 2016 by its wholly-owned subsidiary, MBC Funding II Corp (NYSE MKT:LOAN/26). Manhattan Bridge Capital is guaranteeing MBC Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Prices $6,000,000 Offering of Senior Secured Notes Issued by Its Wholly-Owned Subsidiary, MBC Funding II Corp
GlobeNewswire - Fri Apr 15, 4:30PM CDT
Manhattan Bridge Capital Inc. (NASDAQ:LOAN) ("LOAN" or "the Company"
, MBC Funding II Corp (NYSE:LOAN/26) ("Funding", a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering by its wholly owned subsidiary, MBC Funding II Corp ("Funding" of $6,000,000 aggregate principal amount of Funding's 6% senior notes due April 30, 2026. MBC is guaranteeing Funding's obligations under the Notes and pledged 100% of Funding's equity to secure its obligations under the guarantee. The gross proceeds to Funding from this offering are expected to be approximately $6,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses. The offering is expected to close on April 22, 2016, subject to customary closing conditions. LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.085 per Share Dividend
GlobeNewswire - Fri Apr 01, 6:00AM CDT
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that, in accordance with the board approved dividend declared on February 11, 2016, a cash dividend of $0.085 per share will be paid to all shareholders of record on April 8, 2016 with pay date on April 15, 2016.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Declares Increased Quarterly Dividend of $0.085 Per Share
GlobeNewswire - Mon Nov 02, 6:00AM CST
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that its board of directors had approved an increased $0.085 per share quarterly dividend to be paid to all shareholders of record on December 31, 2015 with pay date on January 15, 2016.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Closing of Over-Allotment Option Shares
GlobeNewswire - Wed Jun 24, 10:54AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced that, on June 19, 2015, Aegis Capital Corp., the sole underwriter of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share, has elected to partially exercise the over-allotment option for an additional 105,000 common shares. The closing with respect to these over-allotment option shares was consummated on June 24, 2015. Gross proceeds to Manhattan Bridge Capital from the sale of the over-allotment option shares will be $460,950 resulting in total gross proceeds from the offering of approximately $4,920,000, before deducting underwriting discounts and commissions and other estimated offering expenses. The over-allotment option covers a total of 152,250 common shares, of which 47,250 remain, and expires July 6, 2015.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Announces Closing of Public Offering
GlobeNewswire - Fri May 29, 11:06AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), a "hard money" lender specializing in short-term loans secured by real estate, today announced the closing of its previously announced public offering of 1,015,000 common shares at a price to the public of $4.39 per share. Gross proceeds to Manhattan Bridge Capital from the offering were approximately $4,460,000, before deducting underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriters a 45-day option to purchase up to 152,250 additional common shares to cover over-allotments, if any.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital Announces Pricing of Public Offering of Common Shares
GlobeNewswire - Fri May 22, 4:09PM CDT
Manhattan Bridge Capital Inc. (Nasdaq:LOAN) ("the Company"
, a real estate lender specializing in short-term, "hard money" real estate loans, today announced the pricing of an underwritten public offering of 1,015,000 common shares, par value $0.001 per share, at a price to the public of $4.39 per share. The gross proceeds to Manhattan Bridge Capital from the public offering are expected to be approximately $4,450,000 before underwriting discounts and commissions and other estimated offering expenses. Manhattan Bridge Capital has granted the underwriter a 45-day option to purchase up to an additional 152,250 common shares from the Company to cover over-allotments, if any. The offering is expected to close on May 29, 2015, subject to customary closing conditions. LOAN: 5.41 (+0.04)
Manhattan Bridge Capital Reports 49.8% Increase in First Quarter Revenues; 128% Increase in Net Income and 60% Increase in Earnings Per Share
GlobeNewswire - Mon May 04, 6:17AM CDT
Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that total revenues for the three month period ended March 31, 2015 were approximately $912,000 compared to approximately $609,000 for the three month period ended March 31, 2014, an increase of $303,000 or 49.8%. The increase in revenue represents an increase in lending operations. In 2015, approximately $757,000 of our revenue represents interest income on secured, commercial loans that we offer to small businesses compared to approximately $507,000 for the same period in 2014, and approximately $155,000 represents origination fees on such loans compared to approximately $102,000 for the same period in 2014. The loans are principally secured by collateral consisting of real estate and, generally, accompanied by personal guarantees from the principals of the businesses.
LOAN: 5.41 (+0.04)
Manhattan Bridge Capital, Inc. Reports Results for 2014
GlobeNewswire - Mon Mar 23, 6:15AM CDT
Revenue Increases by 28.5% to Approximately $2.9 Million
LOAN: 5.41 (+0.04)
