MBIA MBI Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Corporate Operations | $72M+4.3% | $69M-12.7% | $79M+16.2% | $68M-16.0% | $81M-15.6% | |
| International And Structured Finance Insurance | $15M+15.4% | $13M— | —— | —— | —— | |
| US Public Finance Insurance | $85M+2.4% | $83M-1.2% | $84M-6.7% | $90M0.0% | $90M-9.1% | |
| Revenue From Customers by Business | ||||||
| Corporate Operations | $23M-4.2% | $24M+4.3% | $23M0.0% | $23M-11.5% | $26M-7.1% | |
| International And Structured Finance Insurance | $18M-5.3% | $19M+35.7% | $14M-12.5% | $16M-15.8% | $19M-9.5% | |
| US Public Finance Insurance | $60M+7.1% | $56M-3.4% | $58M-7.9% | $63M-1.6% | $64M-11.1% | |
| Revenue From Transactions With Other Operating Segments Of Same Entity by Business | ||||||
| Corporate Operations | $45M-4.3% | $47M-6.0% | $50M-2.0% | $51M-5.6% | $54M0.0% | |
| International And Structured Finance Insurance | $5M-16.7% | $6M0.0% | $6M-14.3% | $7M0.0% | $7M+16.7% | |
| US Public Finance Insurance | $26M0.0% | $26M+4.0% | $25M-3.8% | $26M0.0% | $26M0.0% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Corporate Operations | $15M-6.3% | $16M-11.1% | $18M0.0% | $18M0.0% | $18M+5.9% | |
| International And Structured Finance Insurance | $26M+8.3% | $24M-7.7% | $26M+4.0% | $25M-3.8% | $26M-10.3% | |
| US Public Finance Insurance | $12M0.0% | $12M-7.7% | $13M-13.3% | $15M0.0% | $15M+7.1% | |
| Investment Income Net by Business | ||||||
| Corporate Operations | $25M-3.8% | $26M0.0% | $26M-3.7% | $27M-6.9% | $29M-3.3% | |
| International And Structured Finance Insurance | $11M0.0% | $11M0.0% | $11M-8.3% | $12M+9.1% | $11M0.0% | |
| US Public Finance Insurance | $60M0.0% | $60M0.0% | $60M-3.2% | $62M-3.1% | $64M-4.5% | |
| Expense From Transactions With Other Operating Segments Of Same Entity by Business | ||||||
| Corporate Operations | $0— | $0— | $0— | $0— | $0— | |
| International And Structured Finance Insurance | $13M-7.1% | $14M-6.7% | $15M0.0% | $15M-16.7% | $18M0.0% | |
| US Public Finance Insurance | $30M-3.2% | $31M0.0% | $31M+3.3% | $30M-6.3% | $32M0.0% | |
| Assets Per Reportable by Business | ||||||
| Corporate Operations | $2.62B-1.7% | $2.67B-2.0% | $2.72B+0.1% | $2.72B+0.7% | $2.7B-0.9% | |
| International And Structured Finance Insurance | $2.8B-5.4% | $2.96B-5.3% | $3.13B-5.8% | $3.32B-1.2% | $3.36B-3.1% | |
| US Public Finance Insurance | $6.02B-1.2% | $6.09B-1.2% | $6.17B-2.1% | $6.3B-2.0% | $6.43B-2.6% | |
| Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange by Business | ||||||
| International And Structured Finance Insurance | -$17M+39.3% | -$28M— | —— | —— | —— | |
| Segment Benefits Losses And Expenses by Business | ||||||
| Corporate Operations | $128M-0.8% | $129M-0.8% | $130M+2.4% | $127M+2.4% | $124M-6.8% | |
| International And Structured Finance Insurance | $190M-5.5% | $201M+5.8% | $190M-2.6% | $195M-3.9% | $203M+2.0% | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Corporate Operations | -5,600,000,000%+400,000,000pp | -6,000,000,000%-900,000,000pp | -5,100,000,000%+800,000,000pp | -5,900,000,000%-1,600,000,000pp | -4,300,000,000%-600,000,000pp | |
| International And Structured Finance Insurance | -18,100,000,000%+1,300,000,000pp | -19,400,000,000%-1,100,000,000pp | -18,300,000,000%-1,600,000,000pp | -16,700,000,000%+7,700,000,000pp | -24,400,000,000%+2,200,000,000pp | |
| US Public Finance Insurance | 7,700,000,000%+400,000,000pp | 7,300,000,000%+1,400,000,000pp | 5,900,000,000%+5,100,000,000pp | 800,000,000%+13,700,000,000pp | -12,900,000,000%+900,000,000pp | |
| Interest Expense by Business | ||||||
| Corporate Operations | $68M-1.4% | $69M-1.4% | $70M-2.8% | $72M0.0% | $72M0.0% | |
| International And Structured Finance Insurance | $148M-1.3% | $150M-0.7% | $151M-0.7% | $152M-3.2% | $157M-1.3% | |
| US Public Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| Insurance Loss Recoverable by Business | ||||||
| International And Structured Finance Insurance | $93M-2.1% | $95M-2.1% | $97M-8.5% | $106M-3.6% | $110M-5.2% | |
| US Public Finance Insurance | $228M-38.9% | $373M-27.7% | $516M-23.0% | $670M+8.1% | $620M+3.3% | |
| Losses And Loss Adjustment by Business | ||||||
| Corporate Operations | $0— | $0— | $0— | $0— | $0— | |
| International And Structured Finance Insurance | $3M-76.9% | $13M+30.0% | $10M-33.3% | $15M+7.1% | $14M+180% | |
| Employee Benefits And Share Based Compensation by Business | ||||||
| Corporate Operations | $45M+2.3% | $44M+4.8% | $42M+13.5% | $37M+8.8% | $34M-22.7% | |
| International And Structured Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| US Public Finance Insurance | $0— | $0— | $0— | $0— | $0— | |
| Liability For Claims And Claims Adjustment Expense by Business | ||||||
| International And Structured Finance Insurance | $936M-0.8% | $944M-0.3% | $947M-2.1% | $967M-0.5% | $972M-8.0% | |
| US Public Finance Insurance | $930M-8.0% | $1.01B-7.3% | $1.09B-6.2% | $1.16B-4.0% | $1.21B+4.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MBIA break its business down?
- MBIA (MBI) reports revenue by business across 3 parts — Corporate Operations, International And Structured Finance Insurance and US Public Finance Insurance. Each is extracted from the segment footnotes and tracked over time.
- Where does MBIA's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MBIA's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
