MBIA Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt Securities	1,451	1,417	1,591	2,165	2,531
Other Investments	258	266	377	636	399
Total Investments	1,709	1,683	1,968	2,801	2,930
Cash & Equivalents	71	87	107	66	160
Reinsurance Contract Assets	43	185	183	137	1,296
Deferred Acquisition Costs	24	27	31	35	42
Other Receivables	121	133	146	160	178
Other Assets	45	53	149	176	90
Total Assets	2,013	2,168	2,606	3,375	4,696
Unearned Premiums	172	199	232	266	322
Claims Reserves	454	526	473	439	894
Total Debt	3,532	3,417	3,384	3,336	3,486
Other Liabilities	96	91	164	210	294
Total Liabilities	4,243	4,244	4,253	4,251	4,996
Common Stock	283	283	283	283	283
Treasury Stock	-3,107	-3,145	-3,172	-3,154	-3,169
Additional Paid-in Capital	2,450	2,492	2,515	2,925	2,931
Accumulated Other Comprehensive Income	-95	-128	-139	-283	100
Retained Earnings	-1,768	-1,591	-1,144	-653	-458
Total Common Shareholders' Equity	-2,237	-2,089	-1,657	-882	-313
Minority Interest	7	13	10	6	13
Shareholders' Equity	-2,230	-2,076	-1,647	-876	-300
Total Liabilities & Equity	2,013	2,168	2,606	3,375	4,696
Book Value	-2,237	-2,089	-1,657	-882	-313
Book Value Per Share	-45.40	-44.04	-34.37	-17.71	-6.33
Tangible Book Value	-2,237	-2,089	-1,657	-882	-313
Tangible Book Value Per Share	-45.40	-44.04	-34.37	-17.71	-6.33

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q