The Company s operating subsidiaries are running off their insured portfolios. Today, the Company s primary objectives are ensuring that adequate liquidity exists at the holding company to satisfy all of its outstanding obligations, mitigating losses at National Public Finance Guarantee Corporation ( National ) and MBIA Corp., and maximizing recoveries on paid insurance claims.
The institution is unprofitable. This typically signals severe credit losses or a business in transition.
Revenue grew 90.5% YoY. However, net income declined 141%, rising credit provisions or expenses may be eating into the top line.
Net income declined 141% YoY, profitability momentum has weakened.
Profitability & Returns
Revenue (TTM)
$90M
▲ +90.5% YoY
Net Income (TTM)
-$155M
▼ -140.7% YoY
Net Margin
-172.22%
P/E
—
Balance Sheet
Total Assets
$1.98B
Equity
-$2.28B
Total Debt
$0.00
Cash & Equiv.
$72M
5Y CAGR: -22.3%
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