secwatch.observer — SEC 8-K summary
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Issuer:     MBIA INC (MBI)
CIK:        0000814585
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0000950170-25-104101
Event type: earnings
Sentiment:  neutral
Materiality: 0.72
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MBIA Q2 2025 GAAP net loss narrows to $56M from $254M YoY; book value negative $43.14
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814585/000095017025104101/0000950170-25-104101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814585/000095017025104101/mbi-20250806.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-104101

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