MBIA (MBI) Retained Earnings : $-1,144.00 Mil (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is MBIA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MBIA's retained earnings for the quarter that ended in Dec. 2023 was $-1,144.00 Mil.

MBIA's quarterly retained earnings declined from Jun. 2023 ($-820.00 Mil) to Sep. 2023 ($-1,006.00 Mil) and declined from Sep. 2023 ($-1,006.00 Mil) to Dec. 2023 ($-1,144.00 Mil).

MBIA's annual retained earnings declined from Dec. 2021 ($-458.00 Mil) to Dec. 2022 ($-653.00 Mil) and declined from Dec. 2022 ($-653.00 Mil) to Dec. 2023 ($-1,144.00 Mil).

MBIA Retained Earnings Historical Data

The historical data trend for MBIA's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MBIA Retained Earnings Chart

MBIA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

607.00

-13.00

-458.00

-653.00

-1,144.00

MBIA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-653.00	-746.00	-820.00	-1,006.00	-1,144.00

MBIA Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

MBIA (NYSE:MBI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

MBIA (MBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MBIA Inc (NYSE:MBI) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

MBJ:Germany MBJ:Germany

Address

1 Manhattanville Road, Suite 301, Purchase, NY, USA, 10577

Website

https://www.mbia.com

MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.

Executives

Richard C Vaughan	director	C/O MBIA, 113 KING STREET, ARMONK NY 10504
Steven J Gilbert	director	540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Janice L. Innis-thompson	director	C/O MBIA INC., 1 MANHATTANVILLE ROAD - SUITE 301, PURCHASE NY 10577
William C Fallon	officer: Member, Exec. Policy Committee	C/O MBIA, 113 KING STREET, ARMONK NY 10504
Charles R Rinehart	director	DOWNEY FINANCIAL CORP., 3501 JAMBOREE ROAD, NEWPORT BEACH CA 92660
Theodore Shasta	director	C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Fine Capital Partners, L.p.	10 percent owner	3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Diane L Dewbrey	director	FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Daniel M. Avitabile	officer: Assistant Vice President	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Adam T. Bergonzi	officer: Assistant Vice President	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Christopher H. Young	officer: Assistant Vice President	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Jonathan C. Harris	officer: General Counsel and Secretary	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph R. Schachinger	officer: Controller	1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph W Brown	director, officer: Chairman and CEO	C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Debra Fine	10 percent owner	590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022