For the quarter ending 2026-03-31, MBI has $1,979M in assets. $4,257M in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Fixed-maturity securities held as available-for-sale, at fair value (amortized cost 1,191 and 1,163) | 1,060 | 1,042 | 1,008 | 892 |
| Investments carried at fair value | 222 | 223 | 221 | 229 |
| Short-term investments, at fair value (amortized cost 363 and 409) | 363 | 409 | 497 | 425 |
| Other investments at amortized cost | 1 | 1 | 1 | 1 |
| Total investments-Consolidated Entity Excluding Variable Interest Entities VIE | 1,646 | 1,675 | 1,727 | 1,547 |
| Cash and cash equivalents-Consolidated Entity Excluding Variable Interest Entities VIE | 70 | 69 | 64 | 165 |
| Premiums receivable (net of allowance for credit losses of - and - )-Consolidated Entity Excluding Variable Interest Entities VIE | 120 | 121 | 125 | 129 |
| Deferred acquisition costs-Consolidated Entity Excluding Variable Interest Entities VIE | 23 | 24 | 24 | 25 |
| Insurance loss recoverable-Consolidated Entity Excluding Variable Interest Entities VIE | 47 | 43 | 39 | 185 |
| Accounts receivable | - | - | 2 | - |
| Goodwill | - | - | 11 | - |
| Other assets | - | - | 1 | - |
| Loss on disposal group | - | - | 4 | - |
| Assets held for sale-Consolidated Entity Excluding Variable Interest Entities VIE | 0 | 8 | 10 | 11 |
| Other assets-Consolidated Entity Excluding Variable Interest Entities VIE | 37 | 37 | 33 | 37 |
| Cash-Variable Interest Entity Primary Beneficiary | 2 | 2 | 5 | 2 |
| Loans receivable at fair value-Variable Interest Entity Primary Beneficiary | 34 | 34 | 33 | 33 |
| Total assets | 1,979 | 2,013 | 2,060 | 2,134 |
| Unearned premium revenue-Consolidated Entity Excluding Variable Interest Entities VIE | 166 | 172 | 178 | 186 |
| Loss and loss adjustment expense reserves-Consolidated Entity Excluding Variable Interest Entities VIE | 437 | 454 | 443 | 526 |
| Long-term debt-Consolidated Entity Excluding Variable Interest Entities VIE | 2,879 | 2,843 | 2,853 | 2,814 |
| Derivative liabilities-Variable Interest Entity Primary Beneficiary | - | - | 11 | 10 |
| Medium-term notes (includes financial instruments carried at fair value of 43 and 46)-Consolidated Entity Excluding Variable Interest Entities VIE | 472 | 472 | 463 | 454 |
| Investment agreements-Consolidated Entity Excluding Variable Interest Entities VIE | 173 | 174 | 173 | 203 |
| Liabilities held for sale-Consolidated Entity Excluding Variable Interest Entities VIE | 0 | 6 | 7 | 7 |
| Other liabilities-Consolidated Entity Excluding Variable Interest Entities VIE | 79 | 73 | 67 | 67 |
| Variable interest entity debt (includes financial instruments carried at fair value of 24 and 25)-Variable Interest Entity Primary Beneficiary | 31 | 32 | 32 | 32 |
| Other liabilities-Variable Interest Entity Primary Beneficiary | 20 | 17 | - | - |
| Total liabilities | 4,257 | 4,243 | 4,227 | 4,299 |
| Preferred stock, par value 1 per share authorized shares10,000,000 issued and outstandingnone | 0 | 0 | 0 | 0 |
| Common stock, par value 1 per share authorized shares--400,000,000 issued shares--283,186,115 | 283 | 283 | 283 | 283 |
| Additional paid-in capital | 2,420 | 2,450 | 2,453 | 2,453 |
| Retained earnings (deficit) | -1,808 | -1,768 | -1,717 | -1,709 |
| Accumulated other comprehensive income (loss), net of tax of 7 and 7 | -103 | -95 | -89 | -96 |
| Treasury stock, at cost--232,252,593 and 232,675,865 shares | 3,075 | 3,107 | 3,110 | 3,109 |
| Total shareholders' equity of mbia inc | -2,283 | -2,237 | -2,180 | -2,178 |
| Preferred stock of subsidiary and noncontrolling interests | 5 | 7 | 13 | 13 |
| Total equity | -2,278 | -2,230 | -2,167 | -2,165 |
| Total liabilities and equity | 1,979 | 2,013 | 2,060 | 2,134 |
MBIA INC (MBI)
MBIA INC (MBI)