MBIA Inc. (MBI) Thursday reported first-quarter profit of $164 million or $0.84 per share, up from $10 million or $0.05 per share in the same period last year.
Revenues totaled $219 million, down from $383 million last year.
Premiums earned decreased to $120 million from $137 million last year. Net investment income totaled $38 million, down from $62 million last year.
Book value was $17.04, up from $16.22 last year. Adjusted book value was $30.56.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.