secwatch.observer — SEC 8-K summary
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Issuer:     MBIA INC (MBI)
CIK:        0000814585
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-212053
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MBIA Q1 2026 GAAP net loss narrows to $40M from $62M; adjusted loss unchanged
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814585/000119312526212053/0001193125-26-212053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814585/000119312526212053/mbi-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-212053

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