LOAN

GREAT NECK, N.Y., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the "Company") announced today that its total revenues for the three months ended September 30, 2026 were approximately $2,054,000, compared to approximately $2,036,000 for the same period in 2025, representing an increase of approximately $18,000, or 0.9%. The increase was primarily attributable to higher origination fees, partially offset by lower interest income resulting from lower interest rates charged to borrowers due to increased competition in the marketplace. For the three months ended September 30, 2026 and 2025, approximately $1,662,000 and $1,770,000, respectively, of the Company's revenues were attributable to interest income on secured commercial loans offered to real estate investors, and approximately $392,000 and $265,000, respectively, of the Company's revenues were attributable to origination fees on such loans. The loans are principally secured by real estate collateral and accompanied by personal guarantees from the principals of the borrowers. Net income for the three months ended September 30, 2026 was approximately $1,238,000, or $0.11 per basic and diluted share (based on approximately 11.41 million weighted-average outstanding common shares), compared to approximately $1,202,000, or $0.11 per basic and diluted share (based on approximately 11.44 million weighted-average outstanding common shares), for the same period in 2025, representing an increase of approximately $36,000, or 3.0%. The increase was primarily attributable to lower interest expense and higher origination fee income, partially offset by lower interest income and higher general and administrative expenses. Total revenues for the nine months ended September 30, 2026 were approximately $6,166,000, compared to approximately $6,665,000 for the same period in 2025, representing a decrease of approximately $499,000, or 7.5%. The decrease occurred despite increases in both the number of loans originated and the amount of capital deployed and was primarily attributable to lower interest rates and origination fees charged to borrowers as a result of increased competition in the marketplace. For the nine months ended September 30, 2026 and 2025, approximately $5,099,000 and $5,504,000, respectively, of the Company's revenues were attributable to interest income on secured commercial loans offered to real estate investors, and approximately $1,067,000 and $1,161,000, respectively, were attributable to origination fees on such loans. The loans are principally secured by real estate collateral and accompanied by personal guarantees from the principals of the borrowers. Net income for the nine months ended September 30, 2026 was approximately $3,665,000, or $0.32 per basic and diluted share (based on approximately 11.42 million weighted-average outstanding common shares), compared to approximately $3,988,000, or $0.35 per basic and diluted share (based on approximately 11.44 million weighted-average outstanding common shares), for the same period in 2025, representing a decrease of approximately $323,000, or 8.1%. The decrease was primarily attributable to lower revenues and higher general and administrative expenses, partially offset by lower interest expense. As of September 30, 2026, total shareholders' equity was approximately $42,789,000. On November 20, 2025, the Company's board of directors authorized a share repurchase program authorizing the repurchase of up to 100,000 shares of the Company's common stock in the next twelve months. As of September 30, 2026, the Company had repurchased an aggregate of 61,185 shares under the program at a total cost of approximately $248,000. Of these amounts, 54,985 shares were repurchased during the nine months ended September 30, 2026 at an aggregate cost of approximately $219,000. On October 8, 2026, the Company's board of directors approved an amendment to the existing share repurchase program, increasing the aggregate number of shares authorized for repurchase from 100,000 to 250,000 shares and extending the program for an additional 12 months, through October 8, 2027. Assaf Ran, Chairman of the Board and Chief Executive Officer of the Company, stated, "The increasing interest rate environment is raising pressure on the real estate markets, rent-to-mortgage-payment ratios are getting tighter, and sales are lingering as fewer buyers qualify for loans. Yet, unexpectedly, hard money rates haven't increased much at this point due to intense competition. The facts that we're exceptionally low leveraged and conservative are beneficial during these times." About Manhattan Bridge Capital, Inc. Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as ''hard money'' loans) to real estate investors to fund their acquisition, renovation, rehabilitation or development of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The Company operates the website: https://www.manhattanbridgecapital.com. Forward-Looking Statements This press release and statements made by the Company's representatives in connection with this press release contain, or may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate," and "continue," and similar expressions, are intended to identify forward-looking statements. Forward-looking statements in this press release include, among other things, statements regarding the future lending activity, competitive conditions, and interest rates. Readers are cautioned that forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those projected, expressed or implied in such forward-looking statements as a result of various factors, including, but not limited to: (i) our loan origination activities, revenues and profits are limited by available funds; (ii) we operate in a highly competitive market and competition may limit our ability to originate loans with favorable interest rates and fees; (iii) our Chief Executive Officer is critical to our business and our future success may depend on our ability to retain him; (iv) if we overestimate the yields on our loans or the amounts recoverable through foreclosure, or incorrectly value the collateral securing our loans, we may experience losses; (v) we may be subject to "lender liability" claims; (vi) our due diligence may not uncover all of a borrower's liabilities or other risks to its business; (vii) borrower concentration could lead to significant losses; (viii) we may choose to make distributions in our own stock, in which case shareholders may be required to pay income taxes in excess of the cash dividends they receive; and (ix) an increase in interest rates may affect our profitability. The risk factors described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission, identify additional important factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. MANHATTAN BRIDGE CAPITAL, INC. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS | | | Assets | September 30, 2026 (unaudited) | | December 31, 2025 (audited) Loans receivable, net of deferred origination and other fees | $ | 59,478,735 | | | $ | 60,218,841 | Interest and other fees receivable on loans | | 1,566,838 | | | | 1,642,825 | Cash | | 168,093 | | | | 204,889 | Cash – restricted | | 8,750 | | | | 23,350 | Other assets | | 88,508 | | | | 60,742 | Right-of-use asset – operating lease, net | | 61,616 | | | | 101,226 | Deferred financing costs, net | | 107,000 | | | | 98,858 | Total assets | $ | 61,479,540 | | | $ | 62,350,731 | Liabilities and Stockholders' Equity | | | Liabilities: | | | Lines of credit | $ | 17,034,621 | | | $ | 17,601,132 | Accounts payable and accrued expenses | | 170,734 | | | | 173,247 | Operating lease liability | | 69,274 | | | | 112,076 | Loan holdback | | 164,598 | | | | 50,000 | Dividends payable | | 1,250,834 | | | | 1,314,732 | Total liabilities | | 18,690,061 | | | | 19,251,187 | Commitments and contingencies | | | | | | Stockholders' equity: | | | Preferred shares - $.01 par value; 5,000,000 shares authorized; none issued and outstanding | | --- | | | | --- | Common shares - $.001 par value; 25,000,000 shares authorized; 11,757,058 issued; 11,377,466 and 11,432,451 outstanding, respectively | | 11,757 | | | | 11,757 | Additional paid-in capital | | 45,583,716 | | | | 45,575,006 | Less: Treasury shares, at cost – 379,592 and 324,607 shares, respectively | | (1,318,303 | ) | | | (1,098,964 | ) Accumulated deficit | | (1,487,691 | ) | | | (1,388,255 | ) Total stockholders' equity | | 42,789,479 | | | | 43,099,544 | Total liabilities and stockholders' equity | $ | 61,479,540 | | | $ | 62,350,731 | | | | | | | | MANHATTAN BRIDGE CAPITAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | 2026 | | 2025 | | 2026 | | 2025 Revenue: Interest income from loans | $ | 1,661,896 | | | $ | 1,770,377 | | | $ | 5,099,291 | | | $ | 5,503,694 | Origination fees | | 391,662 | | | | 265,376 | | | | 1,067,114 | | | | 1,161,008 | Total revenue | | 2,053,558 | | | | 2,035,753 | | | | 6,166,405 | | | | 6,664,702 | | | | | | | | | | Operating costs and expenses: | | | | | | | | | Interest and amortization of deferred financing costs | | 369,477 | | | | 421,980 | | | | 1,131,684 | | | | 1,379,595 | Referral fees | | 2,844 | | | | 2,575 | | | | 8,455 | | | | 4,242 | General and administrative expenses | | 447,275 | | | | 413,518 | | | | 1,373,033 | | | | 1,304,873 | Total operating costs and expenses | | 819,596 | | | | 838,073 | | | | 2,513,172 | | | | 2,688,710 | Income from operations | | 1,233,962 | | | | 1,197,680 | | | | 3,653,233 | | | | 3,975,992 | Other income | | 4,500 | | | | 4,500 | | | | 13,500 | | | | 13,500 | Income before income tax expense | | 1,238,462 | | | | 1,202,180 | | | | 3,666,733 | | | | 3,989,492 | Income tax expense | | --- | | | | --- | | | | (1,300 | ) | | | (1,210 | ) Net income | $ | 1,238,462 | | | $ | 1,202,180 | | | $ | 3,665,433 | | | $ | 3,988,282 | | | | | | | | | | Basic and diluted net income per common share outstanding: | | | | | | | | | --Basic | $ | 0.11 | | | $ | 0.11 | | | $ | 0.32 | | | $ | 0.35 | --Diluted | $ | 0.11 | | | $ | 0.11 | | | $ | 0.32 | | | $ | 0.35 | | | | | | | | | | Weighted average number of common shares outstanding: | | | | | | | | | --Basic | | 11,410,412 | | | | 11,438,651 | | | | 11,422,745 | | | | 11,438,651 | --Diluted | | 11,410,412 | | | | 11,438,651 | | | | 11,422,745 | | | | 11,438,651 | | | | | | | | | | | | | | | | MANHATTAN BRIDGE CAPITAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026 | Common Shares | Additional Paid in Capital | Treasury Shares | Accumulated Deficit | Totals | Shares | Amount | | Shares | Cost | | Balance, July 1, 2026 | 11,757,058 | $11,757 | $45,581,538 | 331,549 | $(1,129,013) | $(1,475,319) | $42,988,963 Non-cash compensation | | | 2,178 | | | | 2,178 Purchase of treasury shares | | | | 48,043 | (189,290) | | (189,290) Dividends declared and payable | | | | | | (1,250,834) | (1,250,834) Net income | ________ | ______ | __________ | ______ | __________ | 1,238,462 | 1,238,462 Balance, September 30, 2026 | 11,757,058 | $11,757 | $45,583,716 | 379,592 | $(1,318,303) | $(1,487,691) | $42,789,479 FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025 | Common Shares | Additional Paid in Capital | Treasury Shares | Accumulated Deficit | Totals | Shares | Amount | | Shares | Cost | | Balance, July 1, 2025 | 11,757,058 | $11,757 | $45,568,473 | 318,407 | $(1,070,406) | $(1,082,953) | $43,426,871 Non-cash compensation | | | 3,266 | | | | 3,266 Dividends declared and payable | | | | | | (1,315,445) | (1,315,445) Net income | ________ | ______ | __________ | ______ | __________ | 1,202,180 | 1,202,180 Balance, September 30, 2025 | 11,757,058 | $11,757 | $45,571,739 | 318,407 | $(1,070,406) | $(1,196,218) | $43,316,872 FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2026 | Common Shares | Additional Paid in Capital | Treasury Shares | Accumulated Deficit | Totals | Shares | Amount | | Shares | Cost | | Balance, January 1, 2026 | 11,757,058 | $11,757 | $45,575,006 | 324,607 | $(1,098,964) | $ (1,388,255) | $43,099,544 Non-cash compensation | | | 8,710 | | | | 8,710 Purchase of treasury shares | | | | 54,985 | (219,339) | | (219,339) Dividends paid | | | | | | (2,514,035) | (2,514,035) Dividends declared and payable | | | | | | (1,250,834) | (1,250,834) Net income | ________ | ______ | _________ | ______ | __________ | 3,665,433 | 3,665,433 Balance, September 30, 2026 | 11,757,058 | $11,757 | $45,583,716 | 379,592 | $(1,318,303) | $(1,487,691) | $42,789,479 FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 | Common Shares | Additional Paid in Capital | Treasury Shares | Accumulated Deficit | Totals | Shares | Amount | | Shares | Cost | | Balance, January 1, 2025 | 11,757,058 | $11,757 | $45,561,941 | 318,407 | $(1,070,406) | $(1,238,165) | $43,265,127 Non-cash compensation | | | 9,798 | | | | 9,798 Dividends paid | | | | | | (2,630,890) | (2,630,890) Dividends declared and payable | | | | | | (1,315,445) | (1,315,445) Net income | ________ | ______ | __________ | ______ | __________ | 3,988,282 | 3,988,282 Balance, September 30, 2025 | 11,757,058 | $11,757 | $45,571,739 | 318,407 | $(1,070,406) | $(1,196,218) | $43,316,872 | | | | | | | MANHATTAN BRIDGE CAPITAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) | | | | | | Nine Months Ended September 30, | | 2026 | | 2025 Cash flows from operating activities: | | | | Net income | | $ | 3,665,433 | | | $ | 3,988,282 | Adjustments to reconcile net income to net cash provided by operating activities - | | | | Amortization of deferred financing costs | | | 56,675 | | | | 66,710 | Adjustment to right-of-use asset - operating lease and liability | | | (3,191 | ) | | | (1,459 | ) Depreciation | | | 1,281 | | | | 4,007 | Non-cash compensation expense | | | 8,710 | | | | 9,798 | Changes in operating assets and liabilities: | | | | Interest and other fees receivable on loans | | | 75,987 | | | | (70,895 | ) Other assets | | | (29,049 | ) | | | (69,940 | ) Accounts payable and accrued expenses | | | (2,513 | ) | | | (60,678 | ) Deferred origination and other fees | | | 138,546 | | | | (59,801 | ) Proceeds from borrower escrow deposits – loan holdback | | | 114,598 | | | | --- | Net cash provided by operating activities | | | 4,026,477 | | | | 3,806,024 | | | | | Cash flows from investing activities: | | | | Issuance of short-term loans | | | (40,832,273 | ) | | | (27,957,494 | ) Collections received from loans | | | 41,433,833 | | | | 35,474,993 | Purchase of fixed assets | | | --- | | | | (418 | ) Net cash provided by investing activities | | | 601,560 | | | | 7,517,081 | | | | | Cash flows from financing activities: | | | | Repayment of lines of credit | | | (43,901,366 | ) | | | (40,751,845 | ) Proceeds from lines of credit | | | 43,334,855 | | | | 33,373,595 | Dividends paid | | | (3,828,767 | ) | | | (3,946,335 | ) Purchase of treasury shares | | | (219,339 | ) | | | --- | Deferred financing costs incurred | | | (64,816 | ) | | | --- | Net cash used in financing activities | | | (4,679,433 | ) | | | (11,324,585 | ) | | | | Net decrease in cash and restricted cash | | | (51,396 | ) | | | (1,480 | ) Cash and restricted cash, beginning of period(1) | | | 228,239 | | | | 201,762 | Cash and restricted cash, end of period(2) | | $ | 176,843 | | | $ | 200,282 | | | | | Supplemental Disclosure of Cash Flow Information: | | | | Cash paid during the period for taxes | | $ | 1,300 | | | $ | 1,210 | Cash paid during the period for interest | | $ | 1,074,078 | | | $ | 1,346,361 | Cash paid during the period for operating leases | | $ | 49,454 | | | $ | 47,973 | | | | | Supplemental Schedule of Noncash Financing Activities: | | | Dividend declared and payable | | $ | 1,250,834 | | | $ | 1,315,445 | | | | Supplemental Schedule of Noncash Operating and Investing Activities: | | | Reduction in interest receivable in connection with the increase in loans receivable | | $ | --- | | | $ | 13,122 | | | | | | | | | (1) At December 31, 2025 and 2024, cash and restricted cash included $23,350 and $23,750, respectively, of restricted cash. (2) At September 30, 2026 and 2025, cash and restricted cash included $8,750 and $13,847, respectively, of restricted cash. Contact: Assaf Ran, CEO (516) 444-3400 www.linkedin.com/in/assafran SOURCE: Manhattan Bridge Capital, Inc.

GREAT NECK, N.Y., July 23, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its total revenue for the three months ended June 30, 2026 was approximately $2,045,000 compared to approximately $2,355,000 for the same period in 2025, a decrease of approximately $310,000, or 13.2%. The decrease occurred despite increases in both the number of loans originated and the amount of capital deployed and was primarily attributable to lower interest rates and origination fees charged to borrowers as a result of increased competition in the marketplace. In addition, the Company granted approximately $85,000 of discretionary payoff and refinancing credits to certain borrowers during the quarter. These credits were provided in connection with negotiated loan payoffs and other borrower-specific business matters. For the three months ended June 30, 2026 and 2025, approximately $1,738,000 and $1,899,000, respectively, of the Company’s revenues were attributable to interest income on secured commercial loans that the Company offers to real estate investors, and approximately $307,000 and $456,000, respectively, of the Company’s revenues were attributable to origination fees on such loans. The loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. Net income for the three months ended June 30, 2026 was approximately $1,153,000, or $0.10 per basic and diluted share (based on approximately 11.43 million weighted-average outstanding common shares), as compared to approximately $1,413,000, or $0.12 per basic and diluted share (based on approximately 11.44 million weighted-average outstanding common shares), for the same period in 2025, representing a decrease of approximately $260,000, or 18.4%. The decrease was primarily attributable to lower revenue, partially offset by reduced interest expense. Total revenue for the six months ended June 30, 2026 was approximately $4,113,000 compared to approximately $4,629,000 for the same period in 2025, a decrease of approximately $516,000, or 11.1%. The decrease occurred despite increases in both the number of loans originated and the amount of capital deployed and was primarily attributable to lower interest rates and origination fees charged to borrowers as a result of increased competition in the marketplace. In addition, the Company granted approximately $91,000 of discretionary payoff and refinancing credits to certain borrowers during the six months. These credits were provided in connection with negotiated loan payoffs and other borrower-specific business matters. For the six months ended June 30, 2026 and 2025, revenues of approximately $3,437,000 and $3,733,000, respectively, were attributable to interest income on secured commercial loans that the Company offers to real estate investors, and approximately $675,000 and $896,000, respectively, were attributable to origination fees on such loans. The loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. Net income for the six months ended June 30, 2026 was approximately $2,427,000, or $0.21 per basic and diluted share (based on approximately 11.43 million weighted-average outstanding common shares), as compared to approximately $2,786,000, or $0.24 per basic and diluted share (based on approximately 11.44 million weighted-average outstanding common shares), for the same period in 2025, representing a decrease of approximately $359,000, or 12.9%. The decrease was primarily attributable to lower revenue, partially offset by reduced interest expense. As of June 30, 2026, total shareholders' equity was approximately $42,989,000. On November 20, 2025, the Company’s board of directors approved a new share repurchase program authorizing the repurchase of up to 100,000 shares of its common stock over the following 12 months. As of June 30, 2026, the Company had repurchased an aggregate of 13,142 shares under the program at a total cost of approximately $59,000. Of these amounts, 6,942 shares were repurchased during the six months ended June 30, 2026 at an aggregate cost of approximately $30,000. Assaf Ran, Chairman of the Board and Chief Executive Officer of the Company, stated, “We were very busy during the second quarter, as business activity increased. We originated more loans and deployed more capital than we did a year ago, and our pipeline continues to grow. However, competition remains intense, and as a result, we are generally charging interest rates that are 1.5% to 2.0% lower than a year ago and, in some cases, offering discounted origination fees in order to secure attractive lending opportunities. Another event that occurred during the second quarter was that, for the first time, it appears we may need to foreclose on a loan. The properties securing the loan are located in Florida, and we currently believe that we will recover the outstanding principal and accrued interest within the next one to two years,” added Mr. Ran. About Manhattan Bridge Capital, Inc. Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as ‘‘hard money’’ loans) to real estate investors to fund their acquisition, renovation, rehabilitation or development of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The Company operates the website: https://www.manhattanbridgecapital.com. Forward-Looking Statements This press release and statements made by the Company’s representatives in connection with this press release contain, or may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate,” and “continue,” and similar expressions, are intended to identify forward-looking statements. Forward-looking statements in this press release include, among other things, statements regarding the Company’s loan pipeline, future lending activity, competitive conditions, interest rates and origination fees, the potential foreclosure described above, the estimated value of the underlying collateral, and the timing or amount of any recovery. Readers are cautioned that forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those projected, expressed or implied in such forward-looking statements as a result of various factors, including, but not limited to: (i) our loan origination activities, revenues and profits are limited by available funds; (ii) we operate in a highly competitive market and competition may limit our ability to originate loans with favorable interest rates and fees; (iii) our Chief Executive Officer is critical to our business and our future success may depend on our ability to retain him; (iv) if we overestimate the yields on our loans or the amounts recoverable through foreclosure, or incorrectly value the collateral securing our loans, we may experience losses; (v) we may be subject to “lender liability” claims; (vi) our due diligence may not uncover all of a borrower’s liabilities or other risks to its business; (vii) borrower concentration could lead to significant losses; (viii) we may choose to make distributions in our own stock, in which case shareholders may be required to pay income taxes in excess of the cash dividends they receive; and (ix) changes in interest rates may affect our profitability. The risk factors described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission, identify additional important factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1) At December 31, 2025 and 2024, cash and restricted cash included $23,350 and $23,750, respectively, of restricted cash. (2) At June 30, 2026 and 2025, cash and restricted cash included $27,000  and $875, respectively, of restricted cash. Contact:Assaf Ran, CEO(516) 444-3400www.linkedin.com/in/assafranSOURCE: Manhattan Bridge Capital, Inc.

GREAT NECK, N.Y., April 16, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its net income for the three months ended March 31, 2026 was approximately $1,274,000, or $0.11 per share (based on approximately 11.4 million weighted-average outstanding common shares), compared to approximately $1,373,000, or $0.12 per share (based on approximately 11.4 million weighted-average outstanding common shares) for the same period in 2025, representing a decrease of $99,000, or 7.2%. The decrease was primarily attributable to lower revenue, partially offset by reduced interest expense, reflecting lower average borrowings under the Company’s credit facility and decreased prevailing SOFR rates. Total revenues for the three months ended March 31, 2026 were approximately $2,068,000, compared to approximately $2,274,000 for the same period in 2025, representing a decrease of $206,000, or 9.1%. The decrease was primarily attributable to lower interest income, driven by a period-over-period decline in loans receivable, as well as lower origination fees reflecting reduced loan origination activity. For the three months ended March 31, 2026, approximately $1,699,000 of the Company’s revenue represents interest income on secured commercial loans that the Company offers to real estate investors, compared to approximately $1,834,000 for the same period in 2025, and approximately $368,000 and $440,000, respectively, represent origination fees on such loans. The loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. As of March 31, 2026, total stockholders' equity was approximately $43,106,000. On November 20, 2025, the Company’s Board of Directors approved a share repurchase program authorizing the repurchase of up to 100,000 shares of its common stock over the following 12 months. As of March 31, 2026, the Company had repurchased an aggregate of 9,300 shares under the program at a total cost of approximately $42,000. This includes 3,100 shares repurchased during the first quarter of 2026 at an aggregate cost of approximately $14,000. Assaf Ran, Chairman of the Board and Chief Executive Officer of the Company, stated, “During the first quarter of 2026, the real estate markets in our geographical areas felt a little stronger. Whether property values are trying to catch up with inflation, the lower interest rates (although many believe that they are still too high), or a shortage of inventory, we experienced an encouraging level of loan pay-offs and new deployments. However, it’s too early to determine what the impact of the war with Iran, if any, will be.” About Manhattan Bridge Capital, Inc. Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as ‘‘hard money’’ loans) to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The Company operates the website: https://www.manhattanbridgecapital.com. Forward Looking Statements This press release and the statements of the Company’s representatives related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate,” or “continue” are intended to identify forward-looking statements. For example, when the Company discusses the encouraging level of loan payoffs and new deployments and the potential impact of the war with Iran, it is using forward looking statements. Readers are cautioned that certain important factors may affect the Company’s actual results and could cause such results to differ materially from any forward-looking statements that may be made in this news release. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those projected, expressed or implied in the forward-looking statements as a result of various factors, including but not limited to the following: (i) our loan origination activities, revenues and profits are limited by available funds; (ii) we operate in a highly competitive market and competition may limit our ability to originate loans with favorable interest rates; (iii) our Chief Executive Officer is critical to our business and our future success may depend on our ability to retain him; (iv) if we overestimate the yields on our loans or incorrectly value the collateral securing the loan, we may experience losses; (v) we may be subject to “lender liability” claims; (vi) our due diligence may not uncover all of a borrower’s liabilities or other risks to its business; (vii) borrower concentration could lead to significant losses; (viii) we may choose to make distributions in our own stock, in which case you may be required to pay income taxes in excess of the cash dividends you receive; and (ix) an increase in interest rates may impact our profitability. The risk factors contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 filed with the Securities and Exchange Commission identify important factors that could cause such differences. These forward-looking statements speak only as of the date of this press release, and we caution potential investors not to place undue reliance on such statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Contact: Assaf Ran, CEO (516) 444-3400 http://www.linkedin.com/in/assafran SOURCE: Manhattan Bridge Capital, Inc. (1) At December 31, 2025 and 2024, cash and restricted cash included $23,350 and $23,750, respectively, of restricted cash. (2) At March 31, 2026 and 2025, cash and restricted cash included $21,717 and $21,769, respectively, of restricted cash. SOURCE: Manhattan Bridge Capital, Inc.

GREAT NECK, N.Y., March 27, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that net income for the year ended December 31, 2025 was approximately $5,111,000, or $0.45 per share (based on approximately 11.4 million weighted-average outstanding common shares), versus approximately $5,591,000, or $0.49 per share (based on approximately 11.4 million weighted-average outstanding common shares) for the year ended December 31, 2024, a decrease of approximately $480,000, or 8.6%. This decrease was primarily due to lower interest income, partially offset by lower interest expense. Total revenue for the year ended December 31, 2025, was approximately $8,666,000, compared to approximately $9,689,000 for the year ended December 31, 2024, a decrease of $1,023,000, or 10.6%. The decrease in revenue was primarily attributable to lower interest income, resulting from a period-over-period decrease in loans receivable, and lower origination fees, reflecting a slowdown in new loan originations. In 2025, approximately $7,175,000 of the Company’s revenue represented interest income on secured, real estate loans that the Company offers to real estate investors, compared to approximately $8,047,000 in 2024, and approximately $1,491,000 represented origination fees on such loans, compared to approximately $1,642,000 in 2024. The loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. Total operating costs and expenses for the year ended December 31, 2025 were approximately $3,572,000, compared to approximately $4,115,000 for the year ended December 31, 2024, a decrease of $543,000, or 13.2%. The decrease was primarily attributable to lower interest expense resulting from lower SOFR rates and lower average borrowings under the Company’s credit facilities, partially offset by a slight increase in general and administrative expenses. As of December 31, 2025, total shareholders' equity was approximately $43,100,000, compared to approximately $43,265,000 as of December 31, 2024. On November 20, 2025, the Company’s Board of Directors approved a new share repurchase program authorizing the repurchase of up to 100,000 shares of its common stock over the following 12 months. As of December 31, 2025, the Company had repurchased 6,200 shares under the program for an aggregate purchase price of approximately $29,000. Assaf Ran, Chairman of the Board and Chief Executive Officer of the Company, stated, “2025 was a year to be careful. Factors like the material impact of the new young, socialist New York City mayor, the rising antisemitism due to massive waves of fake news and disinformation about Israel and Jews, and high interest rates, created concerns and a higher risk environment in the real estate markets.” “As always, we took the conservative approach and screened loan opportunities on an even stricter basis until we felt the market was stabilizing and returning to a normal risk level in the first quarter of 2026. We would rather earn a little less, than step into uncomfortable areas,” added Mr. Ran. About Manhattan Bridge Capital, Inc. Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as ‘‘hard money’’ loans) to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The Company operates the website: https://www.manhattanbridgecapital.com. Forward Looking Statements This press release and the statements of the Company’s representatives related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate,” or “continue” are intended to identify forward-looking statements. For example, when the Company discusses its belief that the market is stabilizing and returning to a normal risk level in the first quarter of 2026. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those projected, expressed or implied in the forward-looking statements as a result of various factors, including but not limited to the following: (i) our loan origination activities, revenues and profits are limited by available funds; (ii) we operate in a highly competitive market and competition may limit our ability to originate loans with favorable interest rates; (iii) our Chief Executive Officer is critical to our business and our future success may depend on our ability to retain him; (iv) if we overestimate the yields on our loans or incorrectly value the collateral securing the loan, we may experience losses; (v) we may be subject to “lender liability” claims; (vi) our due diligence may not uncover all of a borrower’s liabilities or other risks to its business; (vii) borrower concentration could lead to significant losses; (viii) we may choose to make distributions in our own stock, in which case you may be required to pay income taxes in excess of the cash dividends you receive; (ix) an increase in interest rates may impact our profitability; and (x) we may be unsuccessful in our efforts to extend, renew, replace, or otherwise maintain our credit facilities on acceptable terms, or at all. The risk factors contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 filed with the Securities and Exchange Commission identify important factors that could cause such differences. These forward-looking statements speak only as of the date of this press release, and we caution potential investors not to place undue reliance on such statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. MANHATTAN BRIDGE CAPITAL, INC. AND SUBSIDIARY CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024 * At December 31, 2025 and 2024, cash and restricted cash included $23,350 and $23,750, respectively, of restricted cash. CONTACT: Contact: Assaf Ran, CEO Vanessa Kao, CFO (516) 444-3400 SOURCE: Manhattan Bridge Capital, Inc.