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Security National Financial Corp. (SNFCA)
NASDAQ:SNFCA
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.29Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 16, 2025
|% Change Since: -7.20%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed performance with significant challenges such as decreased earnings and investment income declines due to economic and market factors. However, there were strong operational performances and strategic investments in the insurance, death care, and mortgage segments, indicating potential for future growth.Company Guidance
In the first quarter of 2025, Security National Financial Corporation experienced a significant decline in both after-tax and pre-tax earnings, with after-tax earnings decreasing by approximately 42% from $7.475 million in 2024 to $4.338 million in 2025. Pre-tax earnings decreased by 41%, from $9.6 million to $5.571 million. The primary contributors to this decline were a $3 million reduction in investment income, largely due to decreased construction profits and lower gains on residential lot sales, as well as a $1.25 million loss from stock market declines. Additionally, an increase in the bad debt reserve expense, following the adoption of the CECL accounting standard, accounted for $900,000 of the decrease in pre-tax income. Despite these financial challenges, the company achieved operational success, with the insurance segment having its second-best first quarter in five years and the death care segment experiencing a 4% increase in families served. Furthermore, the mortgage segment saw an 11% increase in volume compared to Q1 2024, and an improved product mix, marking a positive performance amidst a challenging economic landscape.Insurance Segment Performance
The insurance segment had its second-best first quarter out of the last five years, with improved premium margins by several percentage points due to increased premium rates.
Death Care Segment Growth
The death care segment increased families served by 4%, despite a flat to declining mortality climate. Funeral home operations saw a 3.4% revenue growth driven by a 3% rise in total services performed.
Mortgage Segment Improvement
The mortgage segment increased volume by 11% from Q1 2024 to Q1 2025, outperforming the market significantly. The segment was both profitable and cash flow positive in March 2025.
Strategic Investments in Personnel
Personnel costs rose 11.7% due to strategic hiring to augment sales and fulfillment staffs, aiming for future growth.
Bond Portfolio Improvement
There was a $5 million improvement in unrealized losses on the bond portfolio, with its fair value compared to amortized cost being the closest since 2020.
SNFCA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SNFCA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 16, 2025 | $10.56 | $10.20 | -3.41% |
Mar 31, 2025 | $12.15 | $12.10 | -0.41% |
Nov 18, 2024 | $10.56 | $11.80 | +11.74% |
Aug 14, 2024 | $7.68 | $7.96 | +3.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Security National Financial Corp. (SNFCA) report earnings?
Security National Financial Corp. (SNFCA) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Security National Financial Corp. (SNFCA) earnings time?
Security National Financial Corp. (SNFCA) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNFCA EPS forecast?
Currently, no data Available