earnings
confidence high
sentiment neutral
materiality 0.65
MBIA Q1 2026 GAAP net loss narrows to $40M from $62M; adjusted loss unchanged
MBIA INC
2026-Q1 EPS reported
-$0.80
revenue$24,000,000
- GAAP net loss $40M ($0.80/share) vs $62M ($1.28) in Q1 2025, driven by favorable FX and loss adjustments.
- Adjusted net loss (non-GAAP) $8M ($0.16/share), unchanged from Q1 2025.
- National statutory capital $950M; insured portfolio $21.5B gross par; leverage ratio 23:1.
- MBIA Corp statutory capital $79M, claims-paying resources $316M.
- Liquidity $353M; $71M remaining share repurchase authorization; 50.9M shares outstanding.