SNFCA Security National Financial Corporation
Price Chart
Executive Summary
SNFCA reported Q1 2026 net earnings of $7.0M ($0.28/share), up 9% YoY despite a 3.6% revenue decline to $79.7M. The mortgage segment improved losses by 65% but remained unprofitable due to adverse secondary pricing, while life insurance revenue fell 4% and funeral/cemetery net income dipped on investment losses. The earnings beat is modest and revenue decline caps upside.
Actionable Insight
The 9% earnings growth on a 3.6% revenue decline shows cost discipline but raises sustainability questions. Monitor mortgage segment profitability trajectory and life insurance sales force restructuring progress. No guidance provided limits forward visibility.
Key Facts
- Q1 2026 net earnings $7.0M vs $6.4M YoY, up 9%
- EPS $0.28 vs $0.26 YoY, a 7.7% increase
- Total revenue $79.7M, down 3.6% from $82.7M YoY
- Life insurance revenue fell 4.0% to $47.3M; segment earnings down 5.1%
- Mortgage segment loss improved 65% to -$698K from -$1.995M, but still unprofitable
- Funeral/cemetery revenue up 4.4% to $8.5M, but net income down 4.0% due to investment losses
- Book value per share $17.17 vs $16.54 at year-end 2025
- No guidance provided; management commentary highlights operational efficiencies but acknowledges top-line decline
Financial Impact
Net earnings increased ~$587K YoY; revenue declined ~$3.0M. No material one-time items.
Risk Factors
- Mortgage segment still unprofitable; secondary pricing volatility could worsen losses
- Life insurance top-line decline may persist during sales force reorganization
- Investment portfolio unrealized losses in funeral/cemetery segment could recur
- No forward guidance increases uncertainty around earnings trajectory
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3292369 |
Track record builds as more directional reports settle.
Filters
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May 11, 2026
4w ago
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Press Release
| $9.63 $9.51 | ▼ −1.25% | ▼ −1.32% | $9.58 (−0.52%) |
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May 4, 2026
5w ago
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Press Release
| $9.76 $9.63 | ▼ −1.33% | ▼ −3.32% | $9.58 (−1.84%) |
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Apr 28, 2026
6w ago
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DEFA14A
| $9.88 $9.76 | ▼ −1.21% | ▼ −2.91% | $9.58 (−3.04%) |
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Mar 16, 2026
12w ago
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Press Release
| $9.60 $9.24 | ▼ −3.75% | ▼ −1.10% | $9.58 (−0.21%) |
US Market Status
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