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BRIEF-Mbia Inc. Reports First Quarter 2021 Financial Results

05/10/2021 18:09
BRIEF-Mbia Inc. Reports First Quarter 2021 Financial Results

- MBIA Inc MBI.N:

  • . REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS

  • QTRLY LOSS PER SHARE $2.16

  • QTRLY ADJUSTED LOSS PER SHARE $2.36

  • BOOK VALUE PER SHARE WAS NEGATIVE $0.76 AS OF MARCH 31, 2021 COMPARED WITH A POSITIVE $2.55 AS OF DECEMBER 31, 2020

  • AS OF MARCH 31, 2021, MBIA INC.’S LIQUIDITY POSITION TOTALED $298 MILLION

  • QTRLY NET PREMIUMS EARNED $20 MILLION VERSUS $20 MILLION

  • QTRLY NET INVESTMENT INCOME $15 MILLION VERSUS $23 MILLION

  • Q1 EARNINGS PER SHARE VIEW $-0.52 -- REFINITIV IBES DATA

Source text for Eikon: ID:nBw3yrKsTa

Further company coverage: MBI.N


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