earnings
confidence high
sentiment negative
materiality 0.75
MBIA reports 2024 GAAP net loss of $447M; book value per share negative $40.99
MBIA INC
2024-FY EPS reported
-$9.43
revenue$42,000,000
- 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.