MBIA Inc. Reports Third Quarter 2018 Financial Results
MBIA Inc. (MBI)
US:NYSE Investor Relations:
investor.mbia.com
Company Research
Source: Business Wire
PURCHASE, N.Y.--(BUSINESS WIRE)-- MBIA Inc. (NYSE:MBI) (the Company) today reported a consolidated GAAP net loss of $45 million, or $(0.50) per diluted share, for the third quarter of 2018 compared to a consolidated GAAP net loss of $267 million, or $(2.17) per diluted share, for the third quarter of 2017. The net loss for the third quarter of 2018 was driven by losses and loss adjustment expenses that were primarily related to its Puerto Rico exposures and an accounting loss related to the deconsolidation of variable interest entities. The decrease in the year-over-year consolidated GAAP net loss was primarily due to lower losses and loss adjustment expenses and lower net investment losses related to other than temporary impairments. Book value per share was $12.22 as of September 30, 2018 compared with $15.44 as of December 31, 2017. The decrease in book value per share since year-end 2017 was primaril
Show less
Read more
Impact Snapshot
Event Time:
MBI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MBI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MBI alerts
High impacting MBIA Inc. news events
Weekly update
A roundup of the hottest topics
MBI
News
- MBIA: More Value Can Come From The Insurance Subsidiaries [Seeking Alpha]Seeking Alpha
- MBIA Inc. (NYSE: MBI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $9.00 to $7.50. They now have a "market perform" rating on the stock.MarketBeat
- MBIA Inc. (NYSE:MBI) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- MBIA Inc. Reports Full Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- MBIA Inc. Reports Full Year and Fourth Quarter 2023 Financial ResultsBusiness Wire
MBI
Earnings
- 2/28/24 - Miss
MBI
Sec Filings
- 3/25/24 - Form ARS
- 3/21/24 - Form DEF
- 3/7/24 - Form 8-K
- MBI's page on the SEC website