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Security National Financial Corp. - SNFCA STOCK NEWS

Welcome to our dedicated news page for Security National Financial (Ticker: SNFCA), a resource for investors and traders seeking the latest updates and insights on Security National Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Security National Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Security National Financial's position in the market.

Rhea-AI Summary
Security National Financial (SNFCA) reported a 44% decrease in after-tax earnings from operations in 2023, with revenues down by 18%. Despite challenges in the mortgage segment, the life insurance and cemetery/mortuary segments performed well. The company remains focused on growth and profitability amidst economic uncertainty.
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End-of-Day
-3.54%
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Rhea-AI Summary
Security National Financial Corporation (SNFC) (NASDAQ: SNFCA) Financial Results Q3 2023: After-tax earnings surge 272% to $4,041,000 from $2,353,000 in 2022. Positive performance attributed to improved investment returns and cost rationalization. Mortgage Segment revenue down 41% from 2022, but company maintains market share. Life Insurance, Cemeteries/Mortuaries, and Insurance Segments show significant revenue and earnings growth.
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6.8%
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3.12%
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Rhea-AI Summary
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-3.93%
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0.89%
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5.62%
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-1.69%
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14.42%
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Security National Financial Corp.

Nasdaq:SNFCA

SNFCA Rankings

SNFCA Stock Data

160.22M
10.52M
34.52%
43.77%
0.18%
Savings Institutions
Finance and Insurance
Link
United States
Salt Lake City

About SNFCA

security national financial corporation and its wholly owned subsidiaries operate in three main business segments: life insurance, cemetery and mortuary, and mortgage loans. more info at www.securitynational.com. the design and structure of our company is that each segment is related to the others, and contributes to the profitability of the whole. for example, our cemetery and mortuary operations enjoy a high level of public awareness that assists in the sales and marketing of our insurance and pre-need cemetery/funeral products. security national life insurance company in turn invests its assets in high quality mortgage loans. thus, while each segment is a stand-alone profit center, this horizontal integration is planned to improve profitability. our company also actively pursues growth through acquisitions of life insurance companies and mortuaries, and by expanding our mortgage operations.