For the year ending 2025-12-31, SNFCA made $344,587,538 in revenue. $32,152,330 in net income. Net profit margin of 9.33%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 344,587,538 | 334,522,668 | ||
| Policyholder benefits and claims (including the impact of assumption updates to the liability for future policy benefits of nil and nil for 2025 and 2024, respectively) | 100,817,674 | 4,584,763 | ||
| Amortization of deferred policy and pre-need acquisition costs and value of business acquired | 11,660,708 | 15,940,371 | ||
| Commissions | 47,048,596 | 46,972,909 | ||
| Personnel | 87,151,803 | 85,084,802 | ||
| Advertising | 3,514,641 | 3,115,120 | ||
| Rent and rent related | 3,760,519 | 5,147,069 | ||
| Death benefits | - | 58,116,837 | ||
| Depreciation on property and equipment | 2,425,185 | 2,383,621 | ||
| Costs related to funding mortgage loans | 6,622,489 | 6,134,709 | ||
| Other | 30,997,264 | 27,627,210 | ||
| Increase in future policy benefits | - | 36,253,859 | ||
| Interest expense | 4,518,965 | 4,254,100 | ||
| Cost of goods and services sold cemeteries and mortuaries | 4,660,090 | 4,803,528 | ||
| Total benefits and expenses | 303,177,934 | 300,418,898 | ||
| Earnings before income taxes | 41,409,604 | 34,103,770 | ||
| Income tax expense | 9,257,274 | 7,568,002 | ||
| Net earnings | 32,152,330 | 26,535,768 | ||
| Basic EPS | 1.3 | 1.14 | ||
| Diluted EPS | 1.26 | 1.11 | ||
| Basic Average Shares | 24,727,498 | 23,314,643 | ||
| Diluted Average Shares | 25,484,312 | 23,975,508 | ||
SECURITY NATIONAL FINANCIAL CORP (SNFCA)
SECURITY NATIONAL FINANCIAL CORP (SNFCA)