Security National Financial Q2 FY26 insurance segment net earnings fall 20% to $6.65 million
Reuters2026/08/10 18:00Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SNFC revenue fell 6.3% to $83.93 million in the quarter ended June 30, 2026, as mortgage fee income slid 12.5% to $25.8 million.
- Net investment income dropped 20.2% to $16.43 million, driven by a $6.12 million decline in mortgage loan interest on a smaller held-for-investment portfolio.
- Gains on investments and other assets rose to $4.58 million from $1.14 million, led by higher equity securities and real estate gains.
- Insurance segment net earnings declined 20% to $6.65 million, while funeral home and cemetery net earnings climbed 68% to $2.29 million.
- Mortgage segment results swung to a $46,000 profit from a $1.26 million loss, as loan originations totaled 3,011 loans with $1.04 billion in volume.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SNFC - Security National Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036814), on August 10, 2026, and is solely responsible for the information contained therein.
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