MBIA

MBIA, Inc. is a holding company, which engages in the provision of financial guarantee insurance, related reinsurance, advisory and portfolio services, and asset management advisory services. It operates through the following business segments: U.S. Public Finance Insurance, Corporate, and International and Structured Finance Insurance. The U.S. Public Finance Insurance segment issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions through its National subsidiary. The Corporate segment consists of general corporate activities including providing general support services to MBIA's other operating businesses and asset and capital management. The International and Structured Finance Insurance segment includes the operation of MBIA Corp. The company was founded in 1973 and is headquartered in Purchase, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MBIA reports Q4 losses, pursues growth with Barclays partnership

MBIA's Q4 2022 earnings call highlighted mixed financial results, with a focus on strategic opportunities and risk management.
National and MBIA Insurance Corp demonstrated stability in statutory net income and capital levels, underlining financial resilience.
Challenges persist in managing losses and exposures, but opportunities for growth and transparency through strategic initiatives are on the horizon.

MBIA reports mixed Q1 results, suspends strategic exploration

MBIA's Q1 2023 earnings call highlighted mixed financial performance across its segments, with National showing strength and MBIA Insurance Corp facing challenges
The decision to suspend exploring strategic alternatives reflects a cautious approach in response to current market conditions
Despite losses, the company's focus on managing risk exposure and maintaining strong capital positions signals a commitment to financial stability

MBIA reports Q2 losses, focuses on risk management and growth

MBIA's Q2 2023 performance reflects net losses but also highlights efforts to address risk exposure and strengthen financial positions.
National's robust capital base and MBIA's proactive strategies provide a foundation for navigating challenges and pursuing growth opportunities.
While facing complexities in decision-making and risk management, MBIA's transparency and focus on financial stability offer avenues for future success.

MBIA reports Q3 losses, focuses on resolving PREPA exposure

MBIA faced significant losses in Q3 2023, driven by National's exposure to PREPA and a decrease in insured portfolio.
Despite challenges, management is actively pursuing strategic alternatives to address financial difficulties and enhance shareholder value.
The focus on resolving PREPA exposure and evaluating strategic actions presents opportunities for financial improvement and stability.

MBIA reports Q4 net loss, plans $8 dividend; faces challenges

MBIA faced financial challenges with a net loss of $138 million in Q4 2023, while National reported a net loss of $9 million.
Efforts to resolve exposure to PREPA and the approval of a $550 million dividend present opportunities for improvement.
Increased unencumbered cash and analyst inquiries into financial strategy provide avenues for enhancing performance.
Addressing operational difficulties and optimizing capital utilization are key focus areas for MBIA going forward.

MBIA reports Q1 net losses, focuses on risk management

MBIA faced challenges with net losses in Q1 2024 but maintains strong liquidity and assets in its Corporate segment.
National's focus on resolving Puerto Rico exposure and selling PREPA demonstrates a commitment to risk management.
Opportunities exist for MBIA to address financial difficulties, enhance shareholder value, and improve operational performance.
The company's performance in Q1 2024 reflects a mix of challenges and strengths that require strategic actions for future growth.

MBIA reports improved Q3 performance amidst strategic challenges and opportunities

MBIA's Q3 2024 performance showed improvements in financial metrics, with a focus on managing risks and optimizing portfolio performance.
Despite challenges such as net losses and uncertainties related to PREPA exposure, MBIA demonstrated financial stability and strategic foresight.
Opportunities lie in capital allocation strategies, potential company sale discussions, and prudent risk management practices for MBIA's future growth.

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PURCHASE, N.Y.--(BUSINESS WIRE)--National Public Finance Guarantee Corporation (“National”), an indirect subsidiary of MBIA Inc. (NYSE:MBI), today announced that on July 8, 2022 it received an initial distribution of cash and securities in accordance with the terms of the Puerto Rico Highways and Transportation Authority (“HTA”) Plan Support Agreement and the Commonwealth of Puerto Rico's General Obligation and Public Building Authority's Plan of Adjustment, which became effective on March 15,

National Receives Initial Distribution of Cash and Securities Representing Expected Partial Recovery on Insured Puerto Rico Highways and Transportation Authority Bonds

MBIA, Inc. (NYSE:MBI ) Q1 2022 Earnings Conference Call May 10, 2022 8:00 AM ET Company Participants Greg Diamond - Managing Director of Investor & Media Relations Bill Fallon - Chief Executive Officer Anthony McKiernan - Executive Vice President & Chief Financial Officer Conference Call Participants Tommy McJoynt - KBW John Staley - Staley Capital Advisement. Operator Welcome to the MBIA Incorporated First Quarter 2022 Financial Results Conference Call.

MBIA, Inc. (MBI) CEO Bill Fallon on Q1 2022 Results - Earnings Call Transcript

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its first quarter 2022 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Tuesday, May 10 at 8:00 a.m. (ET) to discuss its fi

MBIA Inc. Reports First Quarter 2022 Financial Results

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Tuesday, May 10 at 8:00 a.m. (ET) to discuss its first quarter 2022 financial results and other issues related to the Company. The dial-in number for the call is (866) 831-8713 in the U.S. and (203) 518-9797 from outside the U.S. The conference call code is MBIAQ122. A live webcast of the conference call will also be accessible on www.mbia.com. The conference call will consist of brief

MBIA Inc. Investor Conference Call to Discuss First Quarter 2022 Financial Results Scheduled for Tuesday, May 10 at 8:00 A.M. Eastern Time

MBIA, Inc. (MBI) CEO William Fallon on Q4 2021 Results - Earnings Call Transcript

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its full year and fourth quarter 2021 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Tuesday, March 1 at 8:00 a.m. (ET) t

MBIA Inc. Reports Full Year and Fourth Quarter 2021 Financial Results

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Tuesday, March 1 at 8:00 a.m. (ET) to discuss its fourth quarter and full year 2021 financial results and other issues related to the Company. The dial-in number for the call is (877) 876-9174 in the U.S. and (785) 424-1669 from outside the U.S. The conference call code is MBIAQ421. A live webcast of the conference call will also be accessible on www.mbia.com. The conference call will

MBIA Inc. Investor Conference Call to Discuss Fourth Quarter and Full Year 2021 Financial Results Scheduled for Tuesday, March 1 at 8:00 A.M. Eastern Time

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MBIA Inc. (MBI) CEO Bill Fallon on Q3 2021 Results - Earnings Call Transcript

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its third quarter 2021 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Thursday, November 4 at 8:00 a.m. (ET) to discuss i

MBIA Inc. Reports Third Quarter 2021 Financial Results

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) (the Company) today announced that yesterday, Wednesday, October 27, 2021, Ms. Janice Innis-Thompson (55) was elected to the Company's Board of Directors, where she will also serve as a member of the Audit; Finance and Risk; and Compensation and Governance Committees. Ms. Innis-Thompson is currently a director at the Executive Leadership Council and National Forest Foundation. She has also served on Boards for Bridge Builder Mutual Fund, an

Janice Innis-Thompson Elected to MBIA Inc.'s Board of Directors

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, November 4 at 8:00 a.m. (ET) to discuss its third quarter 2021 financial results and other issues related to the Company. The dial-in number for the call is (877) 876-9174 in the U.S. and (785) 424-1669 from outside the U.S. The conference call code is MBIAQ321. A live webcast of the conference call will also be accessible on www.mbia.com. The conference call will consist of

MBIA Inc. Investor Conference Call to Discuss Third Quarter Financial Results Scheduled for Thursday, November 4 at 8:00 A.M. Eastern Time

MBIA Inc. (MBI) CEO Bill Fallon on Q2 2021 Results - Earnings Call Transcript

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its second quarter 2021 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Thursday, August 5 at 8:00 a.m. (ET) to discuss it

MBIA Inc. Reports Second Quarter 2021 Financial Results

PURCHASE, N.Y.--(BUSINESS WIRE)--Please replace the release with the following corrected version. The updated release reads: MBIA INC. INVESTOR CONFERENCE CALL TO DISCUSS SECOND QUARTER FINANCIAL RESULTS SCHEDULED FOR THURSDAY, AUGUST 5 AT 8:00 A.M. EASTERN TIME MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, August 5 at 8:00 a.m. (ET) to discuss its second quarter 2021 financial results and other issues related to the Company. The dial-in number for the

CORRECTING and REPLACING MBIA Inc. Investor Conference Call to Discuss Second Quarter Financial Results Scheduled for Thursday, August 5 at 8:00 A.M. Eastern Time

MBIA Inc. (MBI) CEO Bill Fallon on Q1 2021 Results - Earnings Call Transcript

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its first quarter 2021 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K and available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Tuesday, May 11 at 8:00 a.m. (ET) to discuss it

MBIA Inc. Reports First Quarter 2021 Financial Results

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Tuesday, May 11 at 8:00 a.m. (ET) to discuss its first quarter 2021 financial results and other issues related to the Company. The dial-in number for the call is (877) 694-4769 in the U.S. and (404) 665-9935 from outside the U.S. The conference call code is 5306757. The conference call will consist of brief comments on the first quarter 2021 results followed by a question and answer se

MBIA Inc. Investor Conference Call to Discuss First Quarter Financial Results Scheduled for Tuesday, May 11 at 8:00 A.M. Eastern Time

GAAP book value hides the true economic value of MBIA Inc. Adjusting for a negative subsidiary, the book value is 5 times the current price.

MBIA: Terrific Odds For Investors

MBIA Inc. (MBI) CEO William Fallon on Q4 2020 Results - Earnings Call Transcript

Shares of MBIA (NYSE:MBI) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 40.80% over the past year to ($0.74), which missed the estimate of ($0.41).

Recap: MBIA Q4 Earnings

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its full year and fourth quarter 2020 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K and available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Tuesday, March 2 at 8:00 a.m. (E

MBIA Inc. Reports Full Year and Fourth Quarter 2020 Financial Results

MBIA (NYSE:MBI) announces its next round of earnings this Monday, March 01. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.

A Preview Of MBIA's Earnings

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Tuesday, March 2 at 8:00 a.m. (ET) to discuss its fourth quarter and full year 2020 financial results and other issues related to the Company. The dial-in number for the call is (877) 694-4769 in the U.S. and (404) 665-9935 from outside the U.S. The conference call code is 6978175. The conference call will consist of brief comments on the fourth quarter and full year 2020 results follo

MBIA Inc. Investor Conference Call to Discuss Fourth Quarter and Full Year 2020 Financial Results Scheduled for Tuesday, March 2 at 8:00 A.M. Eastern Time

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE: MBI) (the Company) today announced that its wholly-owned subsidiary, MBIA Insurance Corporation (MBIA Corp.) has entered into an agreement to settle the litigation it filed in 2009 against Credit Suisse Securities (USA) LLC and certain affiliated entities. The settlement followed a post-trial decision by the Court awarding MBIA Corp. approximately $604mm in damages, and pursuant to the settlement Credit Suisse has paid MBIA Corp. $600mm. This am

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