MBIA INC
Close on Oct 19, 2026
- Market cap
- $217.86M
- P/E (TTM)
- –
- Dividend yield
- –
About MBIA
Surety Insurance, SIC 6351
MBIA Inc. operates as a financial holding company focused on running off and monitoring its existing insured portfolios. The enterprise provides financial guarantee insurance, which guarantees scheduled principal and interest payments on debt obligations to protect investors. Its primary operating segments include U.S. public finance guarantees managed by National Public Finance Guarantee Corporation, alongside international and global structured finance guarantees overseen by MBIA Insurance Corporation. MBIA also delivers operational, surveillance, risk management, and administrative services through MBIA Services Corporation. Its clients include municipal debt issuers, public authorities, and institutional investors in public purpose projects and structured assets.
The enterprise is headquartered at an office complex in Purchase, New York, which serves as its sole material operating facility. Geographically, MBIA's insured commitments span political subdivisions, public utilities, and educational or healthcare institutions across the United States. Its foreign coverage reaches entities located outside the United States, including international utilities and sovereign or sub-sovereign authorities, as well as operations previously tied to Mexico.
Summary of the business section of MBIA's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MBIA INC
- Founded
- 1986
- Headquarters
- Purchase, NY
- Address
- 1 Manhattanville Road, Suite 202
- Phone
- (914) 273-4545
- Website
- www.mbia.com
- Employees
- 57, Dec 31, 2025
- Industry
- Surety Insurance
- Incorporated in
- Connecticut
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, New York
Stock & identifiers
- Ticker
- MBI
- Exchange
- NYSE
- IPO date
- Jul 1, 1987
- Shares outstanding
- 51M, Jul 31, 2026
- Public float
- $196.00M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 3-for-2, Apr 23, 2001; 2-for-1, Oct 30, 1997
- SEC CIK
- 814585
- CUSIP
- 55262C100
- ISIN
- US55262C1009
- LEI
- 54F1KGFE2KNP3VAL3P42
- EIN
- 06-1185706
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| William C. Fallon | CEO & President, Director | 2,826,660 |
| Daniel M. Avitabile | Assistant Vice President | 650,527 |
| Joseph R. Schachinger | EVP, CFO and Treasurer | 248,057 |
| Adam T. Bergonzi | Assistant Vice President | 943,691 |
| Christopher H. Young | Assistant Vice President | 651,544 |
| Richard C. Vaughan | Director | 103,055 |
| Diane L. Dewbrey | Director | 121,198 |
| Theodore Shasta | Director | 86,327 |
| Steven J. Gilbert | Director | 125,423 |
| Janice L. Innis-Thompson | Director | 83,325 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Fallon | $4.29M | $3.94M | $1.63M | $239 | $203 |
| FY2024 Mr. Fallon | $3.90M | $4.11M | $1.60M | $153 | $173 |
| FY2023 Mr. Fallon | $17.14M | $4.97M | $7.09M | $145 | $133 |
| FY2022 Mr. Fallon | $4.01M | -$3.04M | $1.60M | $138 | $118 |
| FY2021 Mr. Fallon | $4.02M | $23.15M | $1.61M | $170 | $133 |
| FY2020 Mr. Fallon | $4.08M | -$769.78K | $1.73M | $71 | $98 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, MBIA had 57 employees at our single corporate headquarters located at 1 Manhattanville Road, Purchase, New York, none of whom are covered by collective bargaining agreements.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 10, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 18, 2006 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jan 6, 2006 | Delisting | Notice of delisting from exchange (Form 25) |
| Nov 8, 2005 | Late filing | Notification of late filing |
| Jan 7, 2005 | Delisting | Notice of delisting from exchange (Form 25) |
| Jan 4, 2001 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 29, 2000 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 9, 1998 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 5, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |