---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-275851"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:11:04.056604+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MBIA Q3 net loss narrows to $34M ($0.67/share) vs $123M loss a year ago

## Summary
- GAAP net loss of $34M for Q3 2022 compared to net loss of $123M in Q3 2021.
- Diluted loss per share of $(0.67) vs $(2.49) in prior-year quarter.
- Book value per share negative $15.70 as of Sep 30, 2022, down from negative $5.73 at Dec 31, 2021.
- Improvement driven by favorable losses/LAE at MBIA Corp and National; higher interest rates and lower Puerto Rico losses cited.

## SEC filing metadata
- accession: 0001193125-22-275851
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000119312522275851/0001193125-22-275851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000119312522275851/d402679d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-275851
- JSON: https://secwatch.observer/filing/0001193125-22-275851.json
- Plain text: https://secwatch.observer/filing/0001193125-22-275851.txt

## Key facts
- Earnings Releases
  MBIA INC reported quarter ended September 30, 2022 results: net income consolidated GAAP net loss of $34 million, EPS $(0.67) per share.
  - Period: quarter ended September 30, 2022
  - Net income: consolidated GAAP net loss of $34 million
  - EPS: $(0.67) per share
  - Result: reported results
  source text: MBIA Inc. (NYSE:MBI) (the Company) today reported a consolidated GAAP net loss of $34 million, or $(0.67) per share, for the third quarter of 2022 compared to a consolidated GAAP net loss of $123 million, or $(2.49) per share, for the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814585/000119312522275851/0001193125-22-275851-index.htm

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