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MBIA (MBI)

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Earnings summaries and quarterly performance for MBIA.

Recent press releases and 8-K filings for MBI.

MBIA Reports Reduced Net Loss in Q3 2025 Driven by PREPA Exposure Management
MBI
Earnings
Legal Proceedings
Share Buyback
  • MBIA reported a consolidated GAAP net loss of $8 million, or negative $0.17 per share, for the third quarter of 2025, a significant improvement from a $56 million net loss, or negative $1.18 per share, in the third quarter of 2024.
  • The improved results were largely driven by a net benefit of $54 million in National's losses and loss adjustment expenses (LAE) related to its PREPA exposure. This benefit followed the sale of $374 million of National's PREPA-related bankruptcy claims and higher estimated recoveries on the remaining $425 million gross PAR outstanding.
  • As of September 30, 2025, National's statutory capital increased to $994 million, and its claims-paying resources totaled $1.5 billion.
  • The company maintains $71 million in buyback capacity and continues to evaluate a potential sale, noting that reduced PREPA uncertainty could make buyers more inclined for meaningful conversations, although the PREPA resolution faces near-term delays due to ongoing litigation.
Nov 5, 2025, 1:00 PM
MBIA Inc. Reports Q3 2025 Financial Results
MBI
Earnings
Share Buyback
  • MBIA Inc. reported a consolidated GAAP net loss of $8 million, or $(0.17) per share, for the third quarter of 2025, a significant reduction from a $56 million net loss in Q3 2024.
  • The company achieved Adjusted Net Income of $51 million, or $1.03 per diluted share, for Q3 2025, primarily driven by a losses and loss adjustment expenses benefit related to Puerto Rico Electric Power Authority (PREPA) exposure at National Public Finance Guarantee Corporation.
  • As of September 30, 2025, MBIA Inc.'s liquidity position totaled $354 million.
  • The company had $71 million of remaining capacity under its share repurchase authorization as of October 31, 2025.
Nov 4, 2025, 9:20 PM