MBIA Inc (DE:MBJ)
FRANKFURT:MBJ
Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of positive operational and financial developments (narrower GAAP loss, stronger statutory results at National, stable claims-paying resources, modest reduction in leverage and portfolio runoff) but also material negatives (negative book value per share, unchanged PREPA exposure with legal delays, near-term PREPA cash needs, and no change in adjusted net loss). Strategic options remain undecided and legal uncertainty on PREPA resolution is a meaningful constraint.Company Guidance
Improved Consolidated GAAP Result
Consolidated GAAP net loss narrowed to $40 million (−$0.80/share) in Q1 2026 from $62 million (−$1.28/share) in Q1 2025, an improvement of $22 million (~35% reduction in GAAP net loss).
Stable Adjusted Net Loss (Non-GAAP)
Adjusted net loss remained unchanged at $8 million (−$0.16/share) year-over-year (Q1 2026 vs Q1 2025), reflecting stability after revenue and expense offsetting.
National: Statutory Profitability and Capital Increase
National reported statutory net income of $11 million in Q1 2026 vs $4 million in Q1 2025 (increase of $7 million, +175%). National statutory capital rose to $950 million as of March 31, 2026, up $13 million from December 31, 2025 (~+1.4%).
National: Portfolio Runoff and Lower Leverage
National's insured gross par outstanding declined by approximately $900 million from year-end 2025 to about $21.5 billion at March 31, 2026 (roughly a mid-single-digit percentage decline). Leverage (gross par to statutory capital) improved to 23:1 from 24:1 at year-end 2025.
Claims Paying Resources Stable
As of March 31, 2026, National's claims paying resources were $1.4 billion (consistent with year-end 2025) and MBIA Insurance Corp.'s claims paying resources were $316 million (down only $1 million from year-end 2025).
Corporate Liquidity Position
Corporate segment total assets approximately $639 million as of March 31, 2026, including $353 million of unencumbered cash and liquid assets (slight decrease from $357 million) and $181 million of assets pledged to GIA contract holders (fully collateralized).
Drivers of Q1 Improvement
Favorable drivers included foreign exchange gains (benefiting Corporate and MBIA Insurance Corp.), reductions in present value of LAE reserves due to higher risk-free rates, and favorable net realized investment results at National compared with Q1 2025.
DE:MBJ 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
DE:MBJ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | €5.15 | €4.80 | -6.80% |
Feb 26, 2026 | €5.35 | €5.45 | +1.87% |
Nov 04, 2025 | €5.80 | €5.85 | +0.86% |
Aug 06, 2025 | €5.50 | €5.35 | -2.73% |
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 (DE:MBJ) report earnings?
MBIA Inc (DE:MBJ) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is MBIA Inc (DE:MBJ) earnings time?
MBIA Inc (DE:MBJ) earnings time is at Aug 06, 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 the P/E ratio of MBIA Inc stock?
The P/E ratio of MBIA is N/A.
What is DE:MBJ EPS forecast?
DE:MBJ EPS forecast for the fiscal quarter 2026 (Q2) is -0.11.