![MBIA INC [MBI] reports annual net loss of $487,000,000.0](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FMBI.png&w=3840&q=75)
MBIA INC [MBI] reports annual net loss of $487,000,000.0
Company Reports Revenue of $7.0 million
By USInMinutes
Published - Feb 29, 2024, 05:24 AM ET
Last Updated - Feb 29, 2024, 05:24 AM EST
MBIA INC [MBI] has reported a net loss of $487,000,000.0 for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $7.0 million
Based in PURCHASE, New York, MBIA INC operates in the FINANCE sector.
The income statement analysis for MBIA Inc. for the years ended December 31, 2023, 2022, and 2021, showcases a comparison of key financial metrics.
In the year ended December 31, 2023, MBIA Inc. reported total revenues of $7 million, a significant decrease from $154 million in the previous year. This was primarily attributed to lower net realized investment gains, net gains on financial instruments, and fees and reimbursements.
