MBIA Inc
NYSE:MBI
Income Statement
Income Statement
MBIA Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
479
|
442
|
411
|
435
|
441
|
449
|
447
|
399
|
378
|
352
|
333
|
347
|
328
|
303
|
279
|
234
|
216
|
211
|
197
|
222
|
187
|
165
|
153
|
93
|
86
|
83
|
78
|
77
|
75
|
75
|
71
|
87
|
81
|
76
|
76
|
53
|
58
|
53
|
46
|
45
|
37
|
|
Revenue |
1 149
N/A
|
1 503
+31%
|
1 621
+8%
|
1 512
-7%
|
1 282
-15%
|
927
-28%
|
993
+7%
|
783
-21%
|
867
+11%
|
679
-22%
|
541
-20%
|
649
+20%
|
294
-55%
|
334
+14%
|
302
-10%
|
202
-33%
|
511
+153%
|
514
+1%
|
444
-14%
|
444
N/A
|
164
-63%
|
168
+2%
|
194
+15%
|
263
+36%
|
348
+32%
|
263
-24%
|
338
+29%
|
237
-30%
|
282
+19%
|
360
+28%
|
250
-31%
|
235
-6%
|
159
-32%
|
127
-20%
|
159
+25%
|
120
-25%
|
150
+25%
|
112
-25%
|
103
-8%
|
94
-9%
|
6
-94%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(469)
|
(714)
|
(523)
|
(424)
|
(380)
|
(317)
|
(341)
|
(348)
|
(326)
|
(351)
|
(377)
|
(384)
|
(411)
|
(472)
|
(565)
|
(707)
|
(822)
|
(788)
|
(660)
|
(499)
|
(165)
|
(62)
|
(139)
|
(117)
|
(354)
|
(624)
|
(624)
|
(711)
|
(632)
|
(495)
|
(367)
|
(445)
|
(453)
|
(367)
|
(396)
|
(252)
|
(122)
|
(80)
|
(104)
|
(238)
|
(280)
|
|
Benefits Claims Loss Adjustment |
(117)
|
(361)
|
(185)
|
(107)
|
(133)
|
(77)
|
(111)
|
(130)
|
(123)
|
(151)
|
(182)
|
(193)
|
(220)
|
(292)
|
(385)
|
(540)
|
(683)
|
(661)
|
(550)
|
(391)
|
(63)
|
47
|
(34)
|
25
|
(242)
|
(523)
|
(519)
|
(580)
|
(530)
|
(385)
|
(258)
|
(335)
|
(350)
|
(301)
|
(312)
|
(175)
|
(38)
|
5
|
(3)
|
(138)
|
(177)
|
|
Policy Acquisition Expense |
(46)
|
(40)
|
(37)
|
(41)
|
(44)
|
(47)
|
(52)
|
(50)
|
(50)
|
(47)
|
(44)
|
(43)
|
(40)
|
(37)
|
(35)
|
(33)
|
(23)
|
(20)
|
(16)
|
(17)
|
(20)
|
(20)
|
(18)
|
(12)
|
(11)
|
(9)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(8)
|
(6)
|
(6)
|
(4)
|
(6)
|
(8)
|
(8)
|
(8)
|
(7)
|
(5)
|
|
Other Operating Expenses |
(306)
|
(313)
|
(301)
|
(276)
|
(203)
|
(193)
|
(178)
|
(168)
|
(153)
|
(153)
|
(151)
|
(148)
|
(151)
|
(143)
|
(145)
|
(134)
|
(116)
|
(107)
|
(94)
|
(91)
|
(82)
|
(89)
|
(87)
|
(130)
|
(101)
|
(92)
|
(95)
|
(122)
|
(92)
|
(100)
|
(99)
|
(102)
|
(97)
|
(60)
|
(80)
|
(71)
|
(76)
|
(77)
|
(93)
|
(93)
|
(98)
|
|
Operating Income |
680
N/A
|
789
+16%
|
1 098
+39%
|
1 088
-1%
|
902
-17%
|
610
-32%
|
652
+7%
|
435
-33%
|
541
+24%
|
328
-39%
|
164
-50%
|
265
+62%
|
(117)
N/A
|
(138)
-18%
|
(263)
-91%
|
(505)
-92%
|
(311)
+38%
|
(274)
+12%
|
(216)
+21%
|
(55)
+75%
|
(1)
+98%
|
106
N/A
|
55
-48%
|
146
+165%
|
(6)
N/A
|
(361)
-5 917%
|
(286)
+21%
|
(474)
-66%
|
(350)
+26%
|
(135)
+61%
|
(117)
+13%
|
(210)
-79%
|
(294)
-40%
|
(240)
+18%
|
(237)
+1%
|
(132)
+44%
|
28
N/A
|
32
+14%
|
(1)
N/A
|
(144)
-14 300%
|
(274)
-90%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(68)
|
(205)
|
(195)
|
(188)
|
(249)
|
(245)
|
(242)
|
(239)
|
(238)
|
(240)
|
(234)
|
(228)
|
(222)
|
(225)
|
(241)
|
(257)
|
(272)
|
(278)
|
(282)
|
(287)
|
(293)
|
(296)
|
(298)
|
(292)
|
(283)
|
(271)
|
(254)
|
(243)
|
(228)
|
(216)
|
(203)
|
(191)
|
(181)
|
(172)
|
(170)
|
(171)
|
(180)
|
(190)
|
(200)
|
(207)
|
(211)
|
|
Non-Reccuring Items |
17
|
21
|
21
|
1
|
(12)
|
(15)
|
(23)
|
(12)
|
(14)
|
(13)
|
(2)
|
1
|
0
|
5
|
(9)
|
(79)
|
(78)
|
(85)
|
(75)
|
(3)
|
(2)
|
(29)
|
(37)
|
0
|
(68)
|
(39)
|
(30)
|
0
|
0
|
0
|
14
|
30
|
30
|
0
|
20
|
4
|
4
|
0
|
1
|
1
|
1
|
|
Total Other Income |
(213)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
416
N/A
|
605
+45%
|
924
+53%
|
901
-2%
|
641
-29%
|
350
-45%
|
387
+11%
|
184
-52%
|
289
+57%
|
75
-74%
|
(72)
N/A
|
38
N/A
|
(339)
N/A
|
(358)
-6%
|
(513)
-43%
|
(841)
-64%
|
(661)
+21%
|
(637)
+4%
|
(573)
+10%
|
(345)
+40%
|
(296)
+14%
|
(219)
+26%
|
(280)
-28%
|
(146)
+48%
|
(357)
-145%
|
(671)
-88%
|
(570)
+15%
|
(717)
-26%
|
(578)
+19%
|
(351)
+39%
|
(306)
+13%
|
(371)
-21%
|
(445)
-20%
|
(412)
+7%
|
(387)
+6%
|
(299)
+23%
|
(148)
+51%
|
(158)
-7%
|
(200)
-27%
|
(350)
-75%
|
(484)
-38%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(166)
|
(263)
|
(284)
|
(220)
|
(72)
|
32
|
(61)
|
(66)
|
(109)
|
(42)
|
14
|
(30)
|
1
|
25
|
(1 022)
|
(992)
|
(944)
|
(994)
|
25
|
19
|
0
|
0
|
0
|
(6)
|
(2)
|
(29)
|
(29)
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
2
|
2
|
0
|
|
Income from Continuing Operations |
250
|
342
|
640
|
681
|
569
|
382
|
326
|
118
|
180
|
33
|
(58)
|
8
|
(338)
|
(333)
|
(1 535)
|
(1 833)
|
(1 605)
|
(1 631)
|
(548)
|
(326)
|
(296)
|
(219)
|
(280)
|
(152)
|
(359)
|
(700)
|
(599)
|
(740)
|
(578)
|
(351)
|
(306)
|
(371)
|
(445)
|
(412)
|
(387)
|
(299)
|
(149)
|
(159)
|
(198)
|
(348)
|
(484)
|
|
Net Income (Common) |
242
N/A
|
328
+36%
|
622
+90%
|
661
+6%
|
553
-16%
|
370
-33%
|
316
-15%
|
113
-64%
|
174
+54%
|
28
-84%
|
(61)
N/A
|
4
N/A
|
(338)
N/A
|
(334)
+1%
|
(1 536)
-360%
|
(1 833)
-19%
|
(1 605)
+12%
|
(1 631)
-2%
|
(548)
+66%
|
(326)
+41%
|
(296)
+9%
|
(219)
+26%
|
(280)
-28%
|
(152)
+46%
|
(359)
-136%
|
(700)
-95%
|
(599)
+14%
|
(740)
-24%
|
(578)
+22%
|
(351)
+39%
|
(306)
+13%
|
(371)
-21%
|
(445)
-20%
|
(412)
+7%
|
(387)
+6%
|
(298)
+23%
|
(203)
+32%
|
(223)
-10%
|
(261)
-17%
|
(412)
-58%
|
(491)
-19%
|
|
EPS (Diluted) |
1.44
N/A
|
1.69
+17%
|
3.22
+91%
|
3.5
+9%
|
2.9
-17%
|
2.02
-30%
|
1.82
-10%
|
0.72
-60%
|
1.06
+47%
|
0.2
-81%
|
-0.47
N/A
|
0.03
N/A
|
-2.54
N/A
|
-2.53
+0%
|
-12.21
-383%
|
-14.9
-22%
|
-13.5
+9%
|
-18.51
-37%
|
-6.15
+67%
|
-3.64
+41%
|
-3.33
+9%
|
-2.55
+23%
|
-3.32
-30%
|
-1.93
+42%
|
-4.43
-130%
|
-9.7
-119%
|
-9.56
+1%
|
-14.06
-47%
|
-9.78
+30%
|
-7.11
+27%
|
-6.18
+13%
|
-7.47
-21%
|
-8.99
-20%
|
-8.31
+8%
|
-7.77
+6%
|
-5.97
+23%
|
-4.07
+32%
|
-4.46
-10%
|
-5.32
-19%
|
-8.76
-65%
|
-10.18
-16%
|