MBIA Inc.

6.63-0.08 (-1.19%)

Oct 29, 4:00:02 PM EDT · NYSE · MBI · USD

Upcoming Earnings

Report date

Nov 4, 2025 (in 5 days)

Key Stats

Market Cap

334.74M

P/E (TTM)

Basic EPS (TTM)

-4.51

Dividend Yield

Recent Filings

8-K

National sells PREPA claims

8/19/25Aug 19, 2025

MBIA's National unit sold custodial receipts representing $374 million in face amount of bankruptcy claims in the PREPA Title III case on August 14, 2025, offloading about 47% of its principal bond claims. These bonds, fully satisfied by prior insurance payments, had tied up capital in uncertainty. The deal cuts remediation risks while National pushes to bolster its stance in the ongoing proceedings. No more CRs remain for sale.

8-K

MBIA Q2 2025 results released

8/6/25Aug 6, 2025

MBIA Inc. released its second-quarter 2025 financial results on August 6, 2025, alongside a quarterly operating supplement and statutory statements for subsidiaries MBIA Insurance Corporation and National Public Finance Guarantee Corporation. The company also updated its insured portfolios as of June 30, 2025, and plans to refresh investor FAQs by August 7. Details remain in Exhibit 99.1; this disclosure bolsters transparency amid ongoing market scrutiny.

10-Q

Q2 FY2025 results

8/6/25Aug 6, 2025

MBIA's Q2 FY2025 results showed revenue of $23M, up sharply from a $37M loss in Q2 2024, driven by $7M in earned premiums and $19M in net investment income, while total expenses fell to $79M from $216M, mainly due to lower losses and loss adjustment expenses of $8M versus $142M. Year-over-year, diluted EPS improved to $(1.12) from $(5.34), with no q/q deltas available; operating loss narrowed as net loss aligned closely, differing by less than 20% without material attribution to stock-based comp or fair-value changes. Key drivers included stable U.S. public finance premiums and reduced PREPA-related reserves, while international structured finance saw minimal activity. Liquidity strengthened with $165M in cash and equivalents, up from $84M at year-end, supporting $2.8B in long-term debt; free cash flow was not disclosed in the 10-Q. National transferred PREPA claims to custodial receipts in July 2025, preserving recovery rights amid ongoing Title III proceedings. Yet fiscal stress in insured public finance portfolios persists as a balanced risk.

8-K

MBIA Q1 2025 results out

5/8/25May 8, 2025

MBIA Inc. released its first-quarter 2025 financial results on May 8, 2025, alongside a quarterly operating supplement and statutory statements for subsidiaries MBIA Insurance Corporation and National Public Finance Guarantee Corporation. The company also updated its insured portfolios as of March 31, 2025, and plans to refresh investor FAQs by May 9. Details are available in Exhibit 99.1. Investors get the full picture now.

10-Q

Q1 FY2025 results

5/8/25May 8, 2025

MBIA's Q1 2025 results showed total revenues edging up to $14 million from $13 million a year earlier, driven by a $7 million gain from a consolidated VIE litigation trust that offset $12 million in foreign currency losses from liquidating a Mexican subsidiary and a $5 million drop in net investment income. Losses and loss adjustment expenses fell sharply to $8 million from $18 million, thanks to lower claims on National's credits, though RMBS reserves ticked up due to declining risk-free rates and accretion; operating expenses also trimmed to $16 million from $25 million on reduced compensation. Net loss narrowed to $62 million or $1.28 per share from $86 million or $1.84, with EPS aligning to 48.4 million diluted shares. Cash dipped to $63 million amid $43 million in operating outflows, but National's claims-paying resources held steady at $1.5 billion with $1.2 billion in liquid assets, while corporate liquidity stood at $378 million against $2.8 billion in long-term debt. MBIA Mexico's $12 million capital return bolstered MBIA Corp.'s position. Yet PREPA's ongoing restructuring clouds recovery prospects.

About

MBIA Inc., together with its subsidiaries, provides financial guarantee insurance services to public finance markets in the United States. It operates through United States (U.S.) Public Finance Insurance, corporate, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

CEO

Mr. William Charles Fallon

IPO

7/1/1987

Website

https://www.mbia.com

Employees

Sector

Financial Services

Industry

Insurance - Specialty