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MBIA (MBI) Reports Q1 Loss, Tops Revenue Estimates
Thu 08 May 25, 10:35 PMKemper (KMPR) Q1 Earnings Surpass Estimates
Wed 07 May 25, 10:30 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -148.00000M | -445.00000M | -578.00000M | -357.00000M | -296.00000M |
| Minority interest | - | - | 13.00M | 13.00M | 13.00M |
| Net income | -149.00000M | -445.00000M | -578.00000M | -359.00000M | -296.00000M |
| Selling general administrative | - | - | 92.00M | 101.00M | 82.00M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 74.00M | 62.00M | 190.00M | 180.00M | 77.00M |
| Reconciled depreciation | - | - | - | - | - |
| Ebit | -22.00000M | -294.00000M | -578.00000M | -357.00000M | -296.00000M |
| Ebitda | -14.00000M | -445.00000M | -578.00000M | -357.00000M | -3.00000M |
| Depreciation and amortization | 8.00M | - | - | - | - |
| Non operating income net other | - | - | - | - | - |
| Operating income | -22.00000M | -445.00000M | -578.00000M | -357.00000M | -3.00000M |
| Other operating expenses | 298.00M | 604.00M | 860.00M | 638.00M | 455.00M |
| Interest expense | 180.00M | 181.00M | 228.00M | 283.00M | 293.00M |
| Tax provision | 1.00M | 0.00000M | 0.00000M | 2.00M | 0.00000M |
| Interest income | 180.00M | 181.00M | 228.00M | 283.00M | 293.00M |
| Net interest income | -180.00000M | -181.00000M | -228.00000M | -283.00000M | -293.00000M |
| Extraordinary items | -54.00000M | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 1.00M | - | - | 2.00M | 0.00000M |
| Total revenue | 150.00M | 159.00M | 282.00M | 281.00M | 159.00M |
| Total operating expenses | 227.00M | -604.00000M | -860.00000M | -638.00000M | -162.00000M |
| Cost of revenue | 76.00M | 97.00M | 92.00M | 101.00M | 82.00M |
| Total other income expense net | -126.00000M | -181.00000M | -228.00000M | -283.00000M | -171.00000M |
| Discontinued operations | -46.00000M | -46.00000M | -46.00000M | -46.00000M | - |
| Net income from continuing ops | -149.00000M | -445.00000M | -578.00000M | -359.00000M | -296.00000M |
| Net income applicable to common shares | -203.00000M | -445.00000M | -578.00000M | -359.00000M | -296.00000M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 3375.00M | 4696.00M | 5751.00M | 7284.00M | 8076.00M |
| Intangible assets | - | - | - | 60.00M | 74.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | 90.00M | 17.00M | -4441.00000M | -1732.00000M | -1652.00000M |
| Total liab | 4251.00M | 3212.00M | 3562.00M | 4447.00M | 6944.00M |
| Total stockholder equity | -882.00000M | -313.00000M | 136.00M | 826.00M | 1119.00M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 333.00M | 453.00M | 456.00M | 1709.00M | 1962.00M |
| Common stock | 283.00M | 283.00M | 283.00M | 283.00M | 284.00M |
| Capital stock | 283.00M | 283.00M | 283.00M | 283.00M | 284.00M |
| Retained earnings | -653.00000M | -458.00000M | -13.00000M | 607.00M | 966.00M |
| Other liab | 512.00M | 1057.00M | 1116.00M | 999.00M | 1143.00M |
| Good will | - | - | - | - | - |
| Other assets | -1876.00000M | -2318.00000M | -1660.00000M | -2410.00000M | -2945.00000M |
| Cash | 66.00M | 160.00M | 167.00M | 83.00M | 280.00M |
| Cash and equivalents | 50.00M | 151.00M | 158.00M | 75.00M | 222.00M |
| Total current liabilities | 266.00M | 3.00M | 12.00M | 60.00M | 138.00M |
| Current deferred revenue | 266.00M | - | - | - | - |
| Net debt | 3037.00M | 3052.00M | 3395.00M | 4364.00M | 4435.00M |
| Short term debt | 0.00000M | 590.00M | 312.00M | 680.00M | 722.00M |
| Short long term debt | - | - | - | 191.00M | 157.00M |
| Short long term debt total | 3103.00M | 3212.00M | 3562.00M | 4447.00M | 4715.00M |
| Other stockholder equity | -229.00000M | -238.00000M | -249.00000M | -62.00000M | 25.00M |
| Property plant equipment | 17.00M | 18.00M | 20.00M | 21.00M | - |
| Total current assets | 2528.00M | 4165.00M | 4599.00M | 5269.00M | 5946.00M |
| Long term investments | 2723.00M | 2849.00M | 2856.00M | 4488.00M | 5134.00M |
| Net tangible assets | -882.00000M | -313.00000M | 136.00M | 826.00M | 1119.00M |
| Short term investments | 2165.00M | 2531.00M | 2539.00M | 3243.00M | 3806.00M |
| Net receivables | 297.00M | 1474.00M | 1893.00M | 1943.00M | 1860.00M |
| Long term debt | 3336.00M | 3212.00M | 3067.00M | 3942.00M | 4192.00M |
| Inventory | - | - | - | - | - |
| Accounts payable | 4.00M | 5.00M | 15.00M | 17.00M | 20.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | 13.00M | 13.00M | 13.00M | 13.00M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -283.00000M | 100.00M | 115.00M | -2.00000M | -156.00000M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | 283.00M | 283.00M | 283.00M | 284.00M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | -458.00000M | -13.00000M | 607.00M | 966.00M |
| Treasury stock | - | -3169.00000M | -3211.00000M | -3061.00000M | -3000.00000M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | -2723.00000M | -2849.00000M | -2812.00000M | -4425.00000M | -5075.00000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 2723.00M | 2849.00M | 2812.00M | 4425.00M | 5075.00M |
| Capital lease obligations | - | - | - | - | - |
| Long term debt total | 3336.00M | 3486.00M | 3067.00M | 3942.00M | 4192.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | 623.00M | -71.00000M | 1738.00M | 1197.00M | 1214.00M |
| Change to liabilities | -56.00000M | -83.00000M | -77.00000M | -105.00000M | -165.00000M |
| Total cashflows from investing activities | 623.00M | -61.00000M | 1738.00M | 1267.00M | 1206.00M |
| Net borrowings | -282.00000M | -456.00000M | -950.00000M | -832.00000M | -708.00000M |
| Total cash from financing activities | -285.00000M | -457.00000M | -1265.00000M | -1096.00000M | -752.00000M |
| Change to operating activities | -266.00000M | 1002.00M | 285.00M | 51.00M | -82.00000M |
| Net income | -149.00000M | -445.00000M | -578.00000M | -359.00000M | -296.00000M |
| Change in cash | -82.00000M | -7.00000M | 84.00M | -197.00000M | 134.00M |
| Begin period cash flow | 160.00M | 167.00M | 83.00M | 280.00M | 146.00M |
| End period cash flow | 78.00M | 160.00M | 167.00M | 83.00M | 280.00M |
| Total cash from operating activities | -418.00000M | 511.00M | -390.00000M | -368.00000M | -319.00000M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | - | - | - | - | - |
| Other cashflows from investing activities | 623.00M | -66.00000M | -16.00000M | 70.00M | -7.00000M |
| Dividends paid | - | -60.00000M | - | - | 112.00M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | 152.00M | 412.00M | 45.00M | -37.00000M | -153.00000M |
| Sale purchase of stock | -3.00000M | -1.00000M | -200.00000M | -106.00000M | -44.00000M |
| Other cashflows from financing activities | -44.00000M | -13.00000M | -36.00000M | -18.00000M | -25.00000M |
| Change to netincome | 67.00M | 6.00M | -73.00000M | -77.00000M | -23.00000M |
| Capital expenditures | 0.00000M | 1.00M | 1.00M | 74.00M | 1.00M |
| Change receivables | - | -31.00000M | -29.00000M | -62.00000M | - |
| Cash flows other operating | - | 599.00M | -317.00000M | -291.00000M | -319.00000M |
| Exchange rate changes | - | - | 1.00M | - | -1.00000M |
| Cash and cash equivalents changes | - | -7.00000M | 84.00M | -197.00000M | 134.00M |
| Change in working capital | -290.00000M | 950.00M | 237.00M | 8.00M | -195.00000M |
| Stock based compensation | - | - | - | - | - |
| Other non cash items | 21.00M | 9.00M | -61.00000M | -30.00000M | 207.00M |
| Free cash flow | -418.00000M | 510.00M | -390.00000M | -294.00000M | -320.00000M |
Sector: Financial Services Industry: Insurance - Specialty
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
|---|---|---|---|---|---|---|---|
| MBI MBIA Inc |
0.41 7.17% | 6.13 | - | 86.96 | 7.82 | 3.52 | 40.00 |
| FNF Fidelity National Financial Inc |
1.37 2.98% | 47.40 | 22.83 | 12.82 | 0.95 | 1.85 | 1.14 |
| RYAN Ryan Specialty Group Holdings Inc |
0.75 2.36% | 32.56 | 92.15 | 24.81 | 5.63 | 9.12 | 3.21 |
| BZLYF Beazley plc |
- -% | 16.90 | 12.10 | 12.85 | 1.75 | 2.09 | 8.90 |
| AXS AXIS Capital Holdings Ltd |
3.47 3.64% | 98.81 | 8.27 | 7.52 | 1.15 | 1.30 | 1.37 |
MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, Corporate, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, utilities, and privately issued bonds used for the financing of projects that include toll roads, bridges, airports, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.
1 Manhattanville Road, Purchase, NY, United States, 10577
| Name | Title | Year Born |
|---|---|---|
| Mr. William Charles Fallon | CEO & Director | 1960 |
| Mr. Anthony Matthew McKiernan | Exec. VP & CFO | 1970 |
| Mr. Jonathan Charles Harris | Gen. Counsel & Sec. | 1972 |
| Mr. Joseph Ralph Schachinger Sr. | Chief Accounting Officer, Assistant VP & Controller | 1969 |
| Mr. Gregory R. Diamond | MD and Head of Investor & Media Relations | NA |
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