Mbia Inc. · NYSE:MBI

Mbia — Q1 2026 Earnings Presentation

4 slides from Mbia's earnings presentation, May 8, 2026

1. Slide 1: MBIA Inc. First Quarter 2026 Financial Results

   MBIA Inc. First Quarter 2026 Financial Results May 7, 2026 MBIA Inc. (NYSE:MBI) (the Company) today reported a consolidated GAAP net loss of $40 million, or $(0.80) per diluted common share, for the first quarter of 2026 compared to a consolidated GAAP net loss of $62 million, or $(1.28) per diluted

2. Slide 2: Share repurchases, National and MBIA Corp. capital, conference call

   There were no purchases of MBIA Inc. shares during the first quarter of 2026 by the Company or National. As of April 30, 2026, there was $71 million of remaining capacity under the Company’s share repurchase authorization and 50.9 million of the Company’s common shares outstanding. National Public F

3. Slide 3: Forward-looking statements and non-GAAP explanation

   to cover potential claims; MBIA Inc.'s or National's ability to fully implement their strategic plan; and changes in general economic and competitive conditions. These and other factors that could affect financial performance or could cause actual results to differ materially from estimates containe

4. Slide 4: Contacts

   Claims-paying Resources (CPR): CPR is a key measure of the resources available to National and MBIA Corp. to pay claims under their respective insurance policies. CPR consists of total financial resources and reserves calculated on a statutory basis. CPR has been a common measure used by financial g

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