CSIMarket
 

Mbia Inc  (MBI)
Other Ticker:  
 

Mbia Inc's

Competitiveness


 

MBI Sales vs. its Competitors Q3 2022



Comparing the results to its competitors, Mbia Inc reported Total Revenue decrease in the 3 quarter 2022 year on year by -76.39 %, despite revenue increase by most of its competitors of 7.94 %, recorded in the same quarter.

List of MBI Competitors





Revenue Growth Comparisons




Net Income Comparison


Mbia Inc recorded net loss and most of company's competitors saw decline in earnings by -34.27 %

<<  MBI Stock Performance Comparisons


Mbia Inc's Comment on Competitors and Industry Peers


Our insurance companies compete with other monoline insurance companies, as well as other forms of credit enhancement, in writing financial guarantee business. We anticipate that for the foreseeable future virtually all of our new insurance business will be written through National in the U.S. public finance sector.
Our ability to attract and compete for U.S. public finance financial guarantee business is largely dependent on the financial strength ratings assigned to National by the rating agencies. National is seeking rating upgrades from the rating agencies and believes its current ratings do not fully represent the financial strength of National when compared with other companies in its industry. We expect to achieve high stable ratings for National that would be necessary to support writing new business, but there is no assurance that we will be able to achieve such ratings and the timing of such rating upgrades is uncertain.

There are currently two other bond insurers actively engaged in the U.S. public finance insurance market, one of which was established in 2012. We have observed increased competition for business among the active financial guarantors, and opportunities to write new business with attractive returns may be limited. In addition, the percentage of new public finance issuances with a financial guarantee has decreased significantly since the financial crisis, and the inability of financial guarantee insurers to maintain or achieve high ratings could diminish acceptance of the product and enhance the appeal of other forms of credit enhancement.

Financial guarantee insurance competes with other forms of credit enhancement. Commercial banks provide letters of credit as a means of credit enhancement for municipal securities. In 2013, the use of letters of credit as an alternative to financial guarantee insurance within the U.S. municipal market was far below its peak in 2009; however, letters of credit have remained a presence in the market. Direct lending by banks to municipal issuers also reduces demand for credit enhancement. Other highly rated institutions, including pension funds and government sponsored entities, also offer third-party credit enhancement on municipal obligations. Financial guarantee insurance and other forms of credit enhancement also compete in nearly all instances with the issuer’s alternative of foregoing credit enhancement and paying a higher interest rate. If the interest savings from insurance or another form of credit enhancement are not greater than the cost of such credit enhancement, the issuer will generally choose to issue bonds without third-party enhancement. All of these alternative forms of credit enhancement or alternative executions could also affect our ability to write new business with attractive returns.

We expect that MBIA Corp.’s credit ratings will continue to constrain its ability to write new business in the near term. It continues to be uncertain as to how or when the Company may re-engage in the structured finance and international insurance markets.





  

Overall company Market Share Q3 2022

Overall company, revenue fell by -76.39 % and company lost market share, to approximate 0 %.




<<  More on MBI Market Share.
 
*Market share is calculated based on total revenue.

MBI's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)


COMPANY NAME MARKET CAP
(in millions of $)
REVENUES
(in millions of $)
INCOME
(in millions of $)
EMPLOYEES
Mbia Inc MBI 647.92 124.00 -298.00 252
Aflac Incorporated AFL 43,541 20,928.00 5,055.00 11,729
Allstate Corp ALL 35,439 50,776.00 -270.00 46,290
American International Group Inc AIG 45,520 58,938.00 15,195.00 46,000
Aon Plc AON 68,670 12,446.00 2,853.00 50,000
Cincinnati Financial Corporation CINF 18,273 6,766.00 -29.00 5,148
Lincoln National Corporation LNC 6,125 19,193.00 -2,012.00 11,357
Metlife Inc MET 56,278 73,671.00 2,423.00 49,000
Principal Financial Group inc PFG 23,395 18,460.70 5,341.90 17,400
Prudential Financial Inc PRU 37,437 63,140.00 336.00 51,511
Unum Group UNM 8,242 11,964.40 1,194.30 10,300
The Hartford Financial Services Group Inc HIG 24,299 22,162.00 1,934.00 19,500
Loews Corp L 14,489 13,818.00 1,170.00 12,200
Genworth Financial Inc GNW 2,909 7,348.00 729.00 5,300
Cigna Corporation CI 92,678 180,453.00 6,681.00 73,700
International Bancshares Corporation IBOC 2,967 588.38 251.35 2,822
Old National Bancorp ONB 5,212 1,253.67 283.74 2,652
Trustmark Corp TRMK 1,864 657.36 132.17 2,941
Leaf Group Ltd LEAF 304 231.10 -4.48 0
Cno Financial Group Inc CNO 2,933 3,678.00 469.20 3,500
Triple s Management Corporation GTS 840 4,115.22 81.17 3,257
Atlantic American Corp AAME 50 192.35 3.14 147
American National Group Inc ANAT 5,109 4,299.31 639.89 4,736
Citizens Inc CIA 128 235.19 28.13 620
Fbl Financial Group Inc FFG 1,494 788.43 102.89 1,637
First Trinity Financial Corp FTFC 0 63.78 5.44 9
National Security Group Inc. NSEC 41 66.13 0.82 1
National Western Life Group Inc NWLI 955 550.21 128.55 261
Utg Inc UTGN 79 50.06 19.29 42
Voya Financial Inc VOYA 7,357 6,046.00 803.00 0
China United Insurance Service Inc CUII 106 99.86 16.96 2,239
Horace Mann Educators Corporation HMN 1,508 1,354.90 118.00 1,350
United Fire Group Inc UFCS 780 972.62 52.65 1,057
White Mountains Insurance Group ltd WTM 0 1,158.80 690.90 2,973
Midwest Holding Inc MDWT 64 37.47 1.06 0
Bank Of America Corporation BAC 294,850 92,478.00 27,409.00 210,250
The Bank Of New York Mellon Corporation BK 40,864 16,741.00 2,885.00 48,300
Truist Financial Corporation TFC 67,465 22,495.00 6,254.00 59,000
Comerica Incorporated CMA 9,878 3,262.00 1,029.00 7,870
Franklin Resources Inc BEN 17,502 8,018.40 957.20 10,575
The Goldman Sachs Group Inc GS 132,714 50,254.00 15,881.00 38,300
Huntington Bancshares Incorporated HBAN 22,709 6,806.00 2,002.00 0
Price T Rowe Group Inc TROW 29,814 6,925.90 1,893.60 7,678
Us Bancorp De USB 73,037 22,733.00 6,586.00 69,651
Jpmorgan Chase and Co JPM 412,013 120,592.00 35,222.00 256,692
Energy Transfer Lp ET 41,168 88,032.00 5,662.00 0
Citigroup inc C 102,095 74,486.00 17,068.00 200,000
Peoples United Financial Inc PBCT 8,258 1,941.00 604.90 6,499
Invesco Ltd IVZ 9,193 6,488.20 1,181.80 8,761
Legg Mason Inc LM 523 2,882.95 304.49 2,979
Pnc Financial Services Group Inc PNC 68,130 20,484.00 5,725.00 51,918
Synovus Financial Corp SNV 6,379 2,117.38 752.53 4,511
Fifth Third Bancorp FITB 26,290 7,718.00 2,372.00 20,168
Wells Fargo and Company WFC 180,659 75,325.00 15,359.00 262,100
Morgan Stanley MS 168,359 55,443.00 12,629.00 61,437
State Street Corp STT 33,068 11,889.00 2,137.00 39,117
Regions Financial Corporation RF 22,513 6,579.00 4,445.00 19,786
Bok Financial Corp BOKF 6,869 1,754.60 469.09 4,789
Popular Inc BPOP 5,234 3,011.90 1,050.15 7,810
Citizens Financial Group Inc CFG 22,118 7,224.00 1,837.00 18,000
Cyngn Inc CYN 40 -678.70 -160.10 3,570
East West Bancorp inc EWBC 11,205 2,112.80 1,009.12 2,833
First Citizens Bancshares Inc FCNCA 12,270 3,761.80 964.28 5,734
First Financial Bankshares Inc FFIN 5,416 514.81 231.14 1,270
First Interstate Bancsystem Inc FIBK 3,950 906.50 167.50 1,742
First Midwest Bancorp Inc FMBI 2,447 729.14 176.87 1,790
Fnb Corp FNB 5,129 1,297.00 399.00 2,747
Fulton Financial Corp FULT 2,946 960.45 278.33 3,460
Glacier Bancorp Inc GBCI 5,340 856.76 274.23 2,245
Great Western Bancorp Inc GWB 1,715 503.03 203.26 1,475
Hilltop Holdings inc HTH 2,208 1,401.24 157.51 5,300
First Internet Bancorp INBK 246 119.44 41.67 152
Independent Bank Corp INDB 3,748 642.26 188.47 1,051
Nbt Bancorp Inc NBTB 1,779 497.62 153.18 1,721
Ofg Bancorp OFG 1,402 564.97 153.15 1,466
Park National Corporation PRK 2,094 457.26 147.77 1,793
Renasant Corp RNST 2,117 595.55 156.85 1,996
Simmons First National Corp SFNC 2,968 833.49 492.26 1,946
Svb Financial Group SIVB 19,843 5,857.92 1,712.24 3,898
Santander Holdings Usa Inc. SOVxC 0 9,412.96 2,616.57 15,150
Southstate Corp SSB 6,240 1,509.96 459.39 2,058
S and t Bancorp Inc STBA 1,445 341.56 117.73 1,067
Triumph Bancorp Inc TBK 1,462 481.99 111.39 500
Union Bankshares Inc UNB 118 48.23 34.55 0
United Bankshares Inc UBSI 5,674 1,024.99 372.01 1,701
United Community Banks Inc UCBI 3,615 778.12 239.84 1,883
Umb Financial Corp UMBF 4,441 1,389.32 410.01 3,830
Valley National Bancorp VLY 6,402 1,467.83 450.76 2,929
Westamerica Bancorporation WABC 1,507 240.37 104.75 813
Western Alliance Bancorporation WAL 8,697 2,322.50 1,010.30 1,446
Webster Financial Corporation WBS 9,750 1,864.82 510.57 2,946
Wesbanco Inc WSBC 2,277 593.44 194.05 1,633
Mma Capital Holdings Inc MMAC 162 25.52 3.49 55
Alliancebernstein L p AB 10,826 6,261.76 1,300.86 3,600
Associated Capital Group Inc AC 850 -9.10 -49.38 72
Artisan Partners Asset Management Inc APAM 2,382 1,082.33 289.75 370
Apollo Asset Management Inc. AAMPRA 0 4,051.74 2,709.77 0
Ares Management Corporation ARES 14,864 3,936.33 411.69 870
Blackrock Inc BLK 117,151 18,427.00 5,319.00 16,350
Blackstone Inc BX 74,272 12,576.27 5,185.94 2,060
Credit Suisse Group Ag CS 9,063 22,696.00 -1,626.00 48,200
Carlyle Group Inc CG 13,850 5,718.40 1,786.50 1,700
Cowen Inc COWN 1,256 1,611.28 106.62 769
Diamond Hill Investment Group Inc DHIL 578 136.77 38.69 126
Eaton Vance Corp EV 9,130 1,730.37 133.33 1,473
Evercore Inc EVR 5,378 3,063.49 728.60 1,400
Gamco Investors Inc. Et Al GBL 389 283.11 74.89 168
Argentum 47 Inc GEQU 4 0.09 -0.58 10
U S Global Investors Inc GROW 49 16.89 3.23 40
Stonex Group Inc. SNEX 1,749 50,386.00 142.30 0
Jmp Group Llc JMPNL 0 168.01 10.76 0
Kkr and co. inc. KKR 39,490 9,871.05 3,215.13 1,196
Lazard Ltd LAZ 4,039 3,136.07 546.71 2,610
Medley Management Inc MDLY 37 33.25 -18.23 80
Manning and Napier Inc. MN 281 141.77 18.03 474
Noah Holdings Ltd NOAH 719 1,400.01 204.95 2,688
Prime Global Capital Group Inc PGCG 34 1.95 -0.06 13
Pzena Investment Management Inc PZN 835 190.64 74.38 88
B Riley Financial Inc RILY 1,396 1,010.76 -25.69 217
Silvercrest Asset Management Group Inc SAMG 195 130.08 36.11 109
Stifel Financial Corp SF 7,879 4,667.92 746.92 7,100
Safeguard Scientifics Inc SFE 52 -3.16 -18.02 30
Virtus Investment Partners Inc VRTS 1,721 929.17 142.81 426
Waddell and Reed Financial Inc WDR 1,561 1,081.12 53.81 1,691
Wisdomtree Investments Inc WETF 847 282.99 96.26 177
Westwood Holdings Group Inc WHG 99 66.09 0.38 168
Wright Investors Service Holdings Inc IWSH 3 0.00 -1.18 0
Gwg Holdings Inc GWGH 60 30.77 -315.84 50
Sundance Strategies Inc SUND 58 0.00 -2.96 3
Blucora Inc BCOR 1,301 914.46 41.88 487
Wintrust Financial Corp WTFC 5,751 1,795.26 463.62 0
Marsh and Mclennan Companies Inc MMC 88,186 20,887.00 3,423.00 76,000
Berkshire Hathaway Inc BRKA 498,856 295,722.00 -481.00 0
Partnerre Ltd PREJ 0 7,399.54 702.17 0
Reinsurance Group Of America Incorporated RGA 9,932 16,242.00 577.00 2,201
Amerinst Insurance Group Ltd AIGT 0 2.49 -1.94 22
Arch Capital Group Ltd ACGL 22,928 8,855.91 1,243.31 2,030
Enstar Group Ltd ESGR 4,025 -1,087.82 -1,182.60 1,327
Essent Group Ltd ESNT 4,756 1,027.70 864.97 366
Aspen Insurance Holdings Limited AHLPRC 0 2,628.90 29.80 0
Aspira Women s Health Inc AWH 52 7.88 -31.03 1,433
Axis Capital Holdings Ltd AXS 5,128 5,081.01 379.48 1,225
Global Indemnity Group Llc GBLI 418 662.05 21.99 460
Greenlight Capital Re Ltd GLRE 311 545.55 79.04 30
Maiden Holdings Ltd MHLD 210 73.48 67.47 204
Markel Corporation MKL 24,348 11,222.69 64.28 10,600
Oxbridge Re Holdings Limited OXBR 15 -6.89 -9.50 2
Everest Reinsurance Holdings Inc. RE 13,463 11,187.75 709.20 1,603
Renaissancere Holdings Ltd RNR 8,713 4,423.71 -1,564.87 376
Rli Corp RLI 5,964 1,660.76 580.86 902
Siriuspoint Ltd SPNT 1,183 1,830.00 -462.30 0
Alleghany Corp Y 11,411 11,799.42 810.84 3,135
Mgic Investment Corp MTG 4,390 1,174.39 875.01 800
Federal Agricultural Mortgage Corporation AGMA 702 298.82 171.84 0
Arlington Asset Investment Corp AAIC 90 52.76 4.87 0
Mr Cooper Group Inc COOP 3,481 2,778.00 1,077.00 0
Nmi Holdings Inc NMIH 1,994 515.31 280.49 243
Radian Group Inc RDN 3,774 1,214.37 774.05 1,881
Cohen and Steers Inc CNS 3,818 588.09 182.54 275
Hennessy Advisors Inc HNNA 74 29.67 6.19 21
Lpl Financial Holdings Inc. LPLA 18,279 8,023.60 516.45 3,410
Pjt Partners Inc PJT 2,102 1,058.82 182.82 353
Drive Shack Inc DS 16 302.57 -47.37 0
Viking Energy Group Inc VKIN 35 59.74 -0.61 5
Ares Real Estate Income Trust inc ZDPFEX 0 277.80 -2.88 1
SUBTOTAL 3,516,889.72 1,920,099.22 260,890.48 2,142,042
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

BITMIS's Profile

Stock Price

BITMIS's Financials

Business Description

Fundamentals

Charts & Quotes

BITMIS's News

Suppliers

BITMIS's Competitors

Customers & Markets

Economic Indicators

BITMIS's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071