---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-211312"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:33:22.077967+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MBIA Q2 2022 GAAP net loss $36M ($0.72/sh), improved from $61M loss a year ago

## Summary
- GAAP net loss $36M ($0.72 per share) vs loss $61M ($1.23) in Q2 2021.
- Improvement driven by mark-to-market gains on swaps, net gains on financial instruments, and favorable loss adjustment at MBIA Corp.
- Book value per share negative $13.63, down from negative $5.73 at Dec 31, 2021 due to unrealized losses from higher rates.
- Partially offset by investment-related net losses and higher losses at National from Puerto Rico HTA CVIs.
- Adjusted Net Loss (non-GAAP) not specified in available exhibit text.

## SEC filing metadata
- accession: 0001193125-22-211312
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000119312522211312/0001193125-22-211312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000119312522211312/d705292d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-211312
- JSON: https://secwatch.observer/filing/0001193125-22-211312.json
- Plain text: https://secwatch.observer/filing/0001193125-22-211312.txt

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