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MBIA Q1 Earnings Call Highlights

MBI National Insurance NYSE MarketBeat PREPA the Oversight Board

MBIA (NYSE:MBI) reported a narrower first-quarter GAAP net loss, as management said favorable foreign exchange movements, lower reserve impacts and the absence of certain prior-year investment losses helped offset other items.

The company posted a consolidated GAAP net loss of $40 million, or $0.80 per share, for the first quarter of 2026, compared with a net loss of $62 million, or $1.28 per share, in the prior-year quarter, EVP and Chief Financial Officer Joe Schachinger said on the company’s earnings call.

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