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MBIA Inc (MBI)
NYSE:MBI
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.16Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a materially improved operating and capital performance versus FY2024: GAAP losses narrowed substantially, adjusted results returned to profitability, National returned to statutory profitability and increased statutory capital, and portfolio runoff reduced leverage. However, material legacy issues persist — most notably an unresolved PREPA exposure ($425M remaining) tied to legal uncertainty, negative consolidated book value per share, FX losses, and constrained surplus at MBIA Insurance Corporation. Overall, results show meaningful progress but legacy legal and balance‑sheet constraints remain important risks.Company Guidance
Significant Full‑Year GAAP Loss Improvement
Consolidated GAAP net loss improved from $447 million in FY2024 to $177 million in FY2025, a $270 million (≈60%) reduction in the annual GAAP loss.
Adjusted Net Income Turnaround
Company reported adjusted net income of $23 million (or $0.46 per share) for FY2025 versus an adjusted net loss of $184 million (or -$3.90 per share) in FY2024 — a positive swing of $207 million and a return to adjusted profitability.
National: Return to Statutory Profitability and Stronger Capital
National reported statutory net income of $88 million for FY2025 versus a statutory net loss of $133 million in FY2024. National statutory capital rose to $937 million (up $25 million year‑over‑year) and claims‑paying resources totaled $1.4 billion as of 12/31/2025.
Portfolio Runoff and Leverage Improvement at National
National's insured gross par outstanding declined by approximately $3 billion from year‑end 2024 to about $22 billion at year‑end 2025. Gross par to statutory capital leverage improved to 24:1 from 28:1 at year‑end 2024 (leverage reduction of ~14% relative to prior level).
Cash Dividend Received and Corporate Liquidity
National declared and paid an as‑of‑right dividend of $63 million to MBIA Inc. Corporate segment held approximately $357 million of unencumbered cash and liquid assets as of 12/31/2025 (only modestly down from $380 million at 12/31/2024).
Improvement at MBIA Insurance Corporation (Year over Year)
MBIA Insurance Corporation's full‑year statutory net loss narrowed to $26 million in FY2025 from $64 million in FY2024. Insured gross par outstanding declined about 13% year‑over‑year to approximately $2 billion as of 12/31/2025, reflecting continued runoff.
MBI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MBI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $6.34 | $6.55 | +3.31% |
Nov 04, 2025 | $6.78 | $7.41 | +9.29% |
Aug 06, 2025 | $6.60 | $6.31 | -4.39% |
May 08, 2025 | $4.85 | $4.30 | -11.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MBIA Inc (MBI) report earnings?
MBIA Inc (MBI) is schdueled to report earning on May 11, 2026, After Close (Confirmed).
What is MBIA Inc (MBI) earnings time?
MBIA Inc (MBI) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MBI EPS forecast?
MBI EPS forecast for the fiscal quarter 2026 (Q1) is -0.11.