MARKET COMPOSITE
MBI - MBIA Inc.8:00:02 PM 4/15/2024
Price
$6.23
-0.01 (-0.16%)
MBIA, Inc. is a financial services company. It was founded in 1973 as the Municipal Bond Insurance Association. It is headquartered in Purchase, New York, and as of January 1, 2015 had approximately 180 employees. MBIA is the largest bond insurer. MBIA is a monoline insurer primarily of municipal bonds and on asset-backed securities and mortgage-backed securities. Financial insurance or Financial Guarantees are a form of credit enhancement. It also provides a fixed-income asset management service with about forty billion dollars under management.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue-31MM-488%
Operating Income-138MM-25%
Operating Expenses107MM-
Net Income-139MM-25%
Interest Expense53MM-
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Stock news

    MBIA Inc. (NYSE:MBI) Q4 2023 Earnings Call Transcript February 29, 2024 MBIA Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the MBIA Inc. Fourth Quarter and Full Year 2023 Financial Results Conference Call. I would now like […]

    Q4 2023 MBIA Inc Earnings Call03-01-2024 03:01:27 AM

    Q4 2023 MBIA Inc Earnings Call

    MBIA (MBI) delivered earnings and revenue surprises of -500% and 12.50%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

    PURCHASE, N.Y., February 28, 2024--MBIA Inc. (NYSE:MBI) today posted its full year and fourth quarter 2023 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov.

    PURCHASE, N.Y., February 20, 2024--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, February 29 at 8:00 a.m. (ET) to discuss its fourth quarter and full year 2023 financial results and other issues related to the Company. The dial-in number for the call is 800-245-3047 in the U.S. and 203-518-9765 from outside the U.S. The conference call code is MBIAQ423. A live webcast of the conference call will also be accessible on www.mbia.com.

    The London Company, an investment management company, released “The London Company SMID Cap Strategy” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund increased 15.2% (15% net) compared to a 13.4% gain for the Russell 2500 Index. The outperformance was due to both stock selection […]

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    The dividend will be payable on December 29, 2023, to stockholders of record on December 20, 2023, with an ex-dividend date of December 19, 2023.