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EarningsQ2 2026 Earnings Report
SNFCA Q2 2026 EPS Results
Actual EPS$0.32
Consensus EPS―
Beat/Miss―
One Year Ago EPS$0.23
SNFCA Q2 2026 Revenue Results
Actual Revenue$83.93M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth-6.27%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeDuring Market Hours
Conference CallMonday, August 10, 2026
SNFCA Upcoming Earnings
Security National Financial's next earnings date is estimated for November 16, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
SNFCA Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflected a mostly constructive operational performance: solid improvements in profitability, strengthened balance sheet metrics, meaningful cost efficiencies, and return-to-profitability in the mortgage business. At the same time, revenue pressures persist in the Life segment, mortgage delinquencies rose materially, and certain operating margins (funeral/cemetery) faced near-term cost pressure. Management framed several declines as deliberate (product mix shift, separation from originators) and emphasized investments expected to support future growth. Given the breadth of positive profitability, capital, and efficiency developments alongside manageable but notable headwinds, the overall tone is cautiously positive.Company Guidance
Improved Profitability Companywide
Operating profitability improved: SNFC increased profitability in the quarter by 7.3% and for the first half by 8.1% despite a revenue decline; net earnings for Q2 were $9.0M, up $2.0M or 28.3% versus Q2 2025, and net earnings for the six months increased 8.1% year-over-year.
Stronger Balance Sheet and Capital Position
Total assets grew to $1.61B as of 06/30/2026 (up $47.5M, +3% vs. year end); cash and cash equivalents increased ~60%; stockholders' equity rose $22.7M or 5.5% to $433M; debt-to-equity improved to 2.72x from 2.81x, reflecting strengthened capital.
Cost Efficiency Gains
Combined commissions and personnel expense — the two largest cost categories — decreased $4.8M (-13.5%) for the quarter and $8.0M (-11.8%) year-to-date versus the same periods in 2025, reflecting continued efficiency efforts across segments.
Large Favorable LDTI Remeasurement Impact Year-to-Date
Comprehensive income for the six months ended 06/30/2026 was $22.4M, up 86.6% from $12.0M a year ago, driven primarily by a $23M favorable swing in LDTI future policy benefit interest rate remeasurement (from a $10.2M charge in H1 2025 to a $12.9M benefit in H1 2026).
Mortgage Segment Returned to Profitability
Security National Mortgage Company posted pretax net income of $71k in Q2 (versus a pretax loss of $1.671M year-ago), a 104% improvement; sequential originations rose 12% and market share increased to 10 bps from 9 bps, with purchase volume holding strong.
Life Segment: Renewal Strength and Strategic Product Mix Shift
Renewal premium base on individual whole life grew ~1.5% YTD; management is deliberately shifting away from single premium (least profitable) toward modal-pay sales — first-year modal-pay premium production is running ahead of last year, positioning for more durable future revenues.
Investment & Realized Gains Partially Offset Income Headwinds
YTD gains on equities and other assets were $3.7M (vs $1.2M prior year), driven mainly by a $1.9M increase in unrealized equity gains; realized gains on real estate increased by ~$850k, and investment revenue in the funeral/cemetery segment rose 109.5% to $2.0M (driven by unrealized gains).
Funeral Homes & Cemeteries: Revenue and Operating Improvements
Segment revenue rose 20.7% to $9.8M and earnings before tax increased 69.5% to $3.0M (though investment performance materially contributed). Underlying operating metrics improved: families served +1.1%, average revenue per call +6.2% to $5.55k, cemetery preneed land sales +6.1% to $2.34M, and interments +5.1% (traditional interments +12.1%).
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