secwatch.observer — SEC 8-K summary
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Issuer:     MBIA INC (MBI)
CIK:        0000814585
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001193125-25-264751
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MBIA Q3 2025 GAAP net loss narrows to $8M ($0.17); adjusted net income $51M ($1.03)
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- GAAP net loss $8M ($0.17/sh) vs loss $56M ($1.18/sh) in Q3 2024; improvement from PREPA benefit.
- Adjusted net income $51M ($1.03/diluted sh) vs adjusted net loss ~$0 in prior year; driven by PREPA sale.
- Liquidity $354M; share repurchase authorization remaining $71M; no share buybacks in quarter.
- National statutory capital $1.0B; claims-paying resources $1.5B; insured portfolio $23.2B gross par.
- MBIA Corp statutory capital $79M; claims-paying resources $326M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814585/000119312525264751/0001193125-25-264751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814585/000119312525264751/mbi-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-264751

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer