{"filings":[{"id":99020,"accession_number":"0001193125-26-212053","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q1 2026 GAAP net loss narrows to $40M from $62M; adjusted loss unchanged","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $40M ($0.80/share) vs $62M ($1.28) in Q1 2025, driven by favorable FX and loss adjustments.","Adjusted net loss (non-GAAP) $8M ($0.16/share), unchanged from Q1 2025.","National statutory capital $950M; insured portfolio $21.5B gross par; leverage ratio 23:1.","MBIA Corp statutory capital $79M, claims-paying resources $316M.","Liquidity $353M; $71M remaining share repurchase authorization; 50.9M shares outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":24000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114805,"accession_number":"0001193125-26-076968","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA narrows FY 2025 GAAP net loss to $177M from $447M; Adjusted net income turns positive $23M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year GAAP net loss of $177M ($3.58/sh) vs $447M ($9.43/sh); Adjusted net income of $23M ($0.46/sh) vs adjusted loss of $184M.","Improvement driven by National's PREPA loss benefit of $33M vs $191M loss in 2024, including custodial receipt sale above estimated recovery.","Q4 2025 GAAP net loss of $51M ($1.01/sh) flat YoY; Adjusted net loss improved to $12M ($0.24/sh) from $22M ($0.48/sh).","National paid $63M as-of-right dividend to MBIA Inc. in Q4; MBIA Inc. repaid $45M of 7.00% debentures on maturity Dec 15, 2025.","National statutory capital $0.9B, claims-paying resources $1.4B, insured leverage ratio improved to 24:1 from 28:1."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":80000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131177,"accession_number":"0001193125-25-264751","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q3 2025 GAAP net loss narrows to $8M ($0.17); adjusted net income $51M ($1.03)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $8M ($0.17/sh) vs loss $56M ($1.18/sh) in Q3 2024; improvement from PREPA benefit.","Adjusted net income $51M ($1.03/diluted sh) vs adjusted net loss ~$0 in prior year; driven by PREPA sale.","Liquidity $354M; share repurchase authorization remaining $71M; no share buybacks in quarter.","National statutory capital $1.0B; claims-paying resources $1.5B; insured portfolio $23.2B gross par.","MBIA Corp statutory capital $79M; claims-paying resources $326M."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":52000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147768,"accession_number":"0000950170-25-110108","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"MBIA subsidiary sells $374 million PREPA bankruptcy claims via Custodial Receipts","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["National sold Custodial Receipts representing ~$374 million face amount of bankruptcy claims in the PREPA Title III case.","The CRs represent approximately 47% of National's current bond claims in the PREPA case.","The underlying bonds had been fully satisfied by National's insurance claim payments.","This transaction reduces potential volatility and ongoing risk of remediation around remaining PREPA exposure.","National retains no additional CRs for sale after completing this transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147767,"accession_number":"0000950170-25-104101","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q2 2025 GAAP net loss narrows to $56M from $254M YoY; book value negative $43.14","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss of $56M ($1.12 loss per diluted share) vs $254M loss ($5.34) in Q2 2024, driven by lower PREPA losses at National.","Adjusted net loss (non-GAAP) of $8M ($0.17 per diluted share) vs $138M loss ($2.90) a year ago.","Book value per share negative $43.14 at June 30, 2025, down from negative $40.99 at Dec 31, 2024.","National statutory capital $914M, claims-paying resources $1.5B; insured gross par $24.2B with 26x leverage ratio.","Liquidity at MBIA Inc. holdings totaled $355M; no share repurchases in Q2; $71M remaining buyback authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":37000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.72,"calibrated_materiality_score":0.72,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166451,"accession_number":"0000950170-25-067033","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q1 2025 GAAP net loss $62M ($1.28/sh) vs $86M loss prior year; Adjusted loss $8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $62M improves from $86M loss in Q1 2024 on lower VIE losses and PREPA reserves.","Adjusted net loss $8M ($0.16/sh) vs $24M loss ($0.52/sh) a year ago, driven by lower losses at National.","Book value per share negative $42.22 at March 31, 2025, down from negative $40.99 at Dec 31, 2024.","National statutory capital $919M; claims-paying resources $1.5B; insured portfolio $24.8B gross par.","MBIA liquidity $378M; no share repurchases in Q1; $71M buyback capacity remaining."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":14000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183883,"accession_number":"0000950170-25-029064","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA reports 2024 GAAP net loss of $447M; book value per share negative $40.99","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $447M (-$9.43/diluted share) vs $491M loss in 2023; adjusted net loss $184M (-$3.90/share).","Book value per share negative $40.99 at Dec 31, 2024, down from negative $32.56 at Dec 31, 2023.","National statutory capital $0.9B, claims-paying resources $1.5B; insured leverage ratio 28:1.","Parent liquidity $380M; National paid $69M as-of-right dividend to MBIA in Q4 2024.","Q4 2024 GAAP net loss $51M (-$1.07/share) vs $138M loss in Q4 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-9.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":42000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183882,"accession_number":"0000950170-25-019901","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"MBIA grants $10.175M in retention cash awards to four executives, vesting March 2028","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO William C. Fallon receives $3.5M; AVP & National CFO Christopher H. Young gets $1.95M.","AVP & MBIA Insurance President Daniel M. Avitabile gets $1.95M; AVP & National CRO Adam T. Bergonzi gets $2.775M.","Awards cliff-vest on March 1, 2028, requiring continuous employment; forfeiture on voluntary resignation or termination for cause.","Board cites critical need to retain unique skills during runoff portfolios and Puerto Rico remediation to maximize shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200491,"accession_number":"0000950170-24-123381","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q3 net loss $56M ($1.18/share) improves from $185M loss a year ago on lower PREPA charges","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted net loss of $174K ($0.00/share) vs. $138M loss in Q3 2023; benefit from lower PREPA losses.","Book value per share negative $39.19 as of Sept 30, 2024, down from negative $32.56 at Dec 31, 2023.","National statutory capital $1.0B, claims-paying resources $1.6B; insured portfolio $25.9B gross par.","MBIA Inc. liquidity $326M; $71M remaining under share repurchase authorization; 51.0M shares outstanding.","Year-to-date GAAP net loss $396M ($8.37/share) vs. $353M ($7.25/share) in 2023; higher due to Zohar CDO valuation."],"consensus_eps_estimate":null,"consensus_eps_actual":-8.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":5000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216525,"accession_number":"0000950170-24-091879","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q2 net loss widens to $254M on PREPA losses; book value per share negative $39.07","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $254M ($5.34 diluted EPS) vs loss of $74M ($1.46) in Q2 2023; revenue figures not separately disclosed.","Adjusted net loss $138M ($2.90 diluted) vs $22M loss; driven by higher losses on PREPA and Zohar CDO fair value declines.","Book value per share worsened to negative $39.07 from negative $32.56 at Dec 31, 2023.","CEO Bill Fallon: \"PREPA exposure remains an important issue to be resolved to pursue a sale of MBIA Inc.\"","National statutory capital $1.0B, claims-paying resources $1.6B, leverage 28:1; MBIA Corp statutory capital $85M."],"consensus_eps_estimate":null,"consensus_eps_actual":-7.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":-24000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236155,"accession_number":"0000950170-24-057049","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA Q1 net loss $86M ($1.84/share); adjusted net loss $24M; book value negative $33.80","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss of $86M ($1.84/diluted share) vs $93M loss ($1.86) in Q1 2023.","Adjusted net loss (non-GAAP) widened to $24M ($0.52/share) from $1M ($0.03) a year ago.","Higher losses on PREPA exposure at National drove increase in loss adjustment expenses.","Book value per share worsened to negative $33.80 from negative $32.56 at Dec 31, 2023.","National statutory capital $1.1B; insured par $27.8B; MBIA Inc. liquidity $376M; no share repurchases."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":13000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236154,"accession_number":"0000950170-24-054508","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"MBIA shareholders elect all six director nominees, approve say-on-pay and incentive plan at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected; Diane L. Dewbrey received 94.98% of votes cast, Steven J. Gilbert 92.05%.","Advisory say-on-pay resolution approved with 80.66% of votes cast in favor, 19.33% against.","Ratification of PricewaterhouseCoopers as 2024 auditor passed with 96.90% of votes cast.","Amended and Restated Omnibus Incentive Plan approved with 91.57% of votes cast.","Broker non-votes of 9,401,390 on director elections, say-on-pay, and incentive plan proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236153,"accession_number":"0000950170-24-052133","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"MBIA appoints Shengying Yu as Controller and principal accounting officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Effective May 2, 2024, Shengying Yu, 55, appointed Controller and principal accounting officer of MBIA Inc.","Yu previously served as Head of Accounting in the Controller's Group since June 2017; joined MBIA in 2009.","Joseph Schachinger, who succeeded Anthony McKiernan as CFO on April 30, 2024, ceases as principal accounting officer upon Yu's appointment.","Yu is a CPA with prior experience as Senior Manager at Deloitte & Touche (1999-2009)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253871,"accession_number":"0001193125-24-062166","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-03-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MBIA CFO Anthony McKiernan to step down April 30; Joseph Schachinger named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Anthony McKiernan will resign effective April 30, 2024 under a Separation Agreement.","Joseph Schachinger, current Controller since 2017, will replace McKiernan as CFO on April 30, 2024.","McKiernan receives $750,000 severance, $750,000 in lieu of 2023 LTI, and pro-rata 2024 bonus of $200,000.","571,533 time-based restricted stock shares and 77,488 earned performance shares fully vest; 68,058 unearned shares remain outstanding.","McKiernan also gets $104,467 pension contribution payment (payable after March 1, 2025) and up to 9 months COBRA coverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253870,"accession_number":"0000950170-24-022148","cik":814585,"company_name":"MBIA INC","ticker":"MBI","form_type":"8-K","filed_at":"2024-02-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MBIA FY2023 net loss widens to $491M; pays $8/share special dividend, book value negative $32.56","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $491M ($10.18/diluted share) vs $195M ($3.92) in 2022; adjusted net loss $169M ($3.49) vs $145M ($2.90).","Book value per share negative $32.56 at Dec 31, 2023, down from negative $16.07; $8/share dividend paid Dec 22.","National statutory capital $1.1B, claims-paying $1.7B; leverage ratio 25:1 (up from 16:1 at year-end 2022).","MBIA Inc. liquidity $411M; $71M share repurchase remaining; CEO: focus on resolving PREPA exposure, then selling company.","Q4 net loss $138M ($2.94/share) vs $52M ($1.05) year ago; Q4 adjusted net loss $8M vs income $15M."],"consensus_eps_estimate":null,"consensus_eps_actual":-10.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":7000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":297964128.4558823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}