earnings
confidence high
sentiment negative
materiality 0.65
MBIA Q1 2025 GAAP net loss $62M ($1.28/sh) vs $86M loss prior year; Adjusted loss $8M
MBIA INC
2025-Q1 EPS reported
-$1.28
revenue$14,000,000
- 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.