---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-123381"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:07:31.717056+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MBIA Q3 net loss $56M ($1.18/share) improves from $185M loss a year ago on lower PREPA charges

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-123381
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000095017024123381/0000950170-24-123381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000095017024123381/mbi-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-123381
- JSON: https://secwatch.observer/filing/0000950170-24-123381.json
- Plain text: https://secwatch.observer/filing/0000950170-24-123381.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.