SEC Form 10-Q filed by Security National Financial Corporation
$SNFCA
Finance: Consumer Services
Finance
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MURRAY, Utah, May 19, 2025 (GLOBE NEWSWIRE) -- Security National Financial Corporation (NASDAQ:SNFCA), announced the successful conclusion of its lending transaction which facilitated the development of the Arrowhead Ranch residential project located in Payson, Utah. As a result of this transaction Security National realized "profit-split" income of nearly $4,000,000, which was in addition to the over $3,200,000 in interest and origination fees which were earned over the term of the loan. This acquisition and development loan was originated by the Company in June of 2021 in relation to over 500 planned residential units across various product types on a 162-acre parcel. The Company belie
SALT LAKE CITY, May 16, 2025 (GLOBE NEWSWIRE) -- Security National Financial Corporation (SNFC) (NASDAQ symbol "SNFCA") announced financial results for the quarter ended March 31, 2025. For the three months ending March 31, 2025, SNFC's after tax earnings decreased approximately 42%, or $3.1MM, from $7,475,000 in 2024 to $4,338,000 in 2025. Pre Tax earnings decreased approximately 42%, or $4.05MM, to $5.571MM (please see the table below). Scott Quist, Chairman of the Board, President, and Chief Executive Officer of SNFC, said, "A decrease in quarterly income is never our goal and falls below our self-set standards. Despite the decrease in net income, I believe that as a Company we perfor
SALT LAKE CITY, May 08, 2025 (GLOBE NEWSWIRE) -- Security National Financial Corporation (NASDAQ:SNFCA) announces that on May 15, 2025, it will hold an earnings call to highlight its 1st Quarter earnings. The 30-minute call will commence at approximately 1PM (MDT) on May 15th and will include a review of Q1 results as well as an update from the Company's three business segments. If time permits, the presenters will also answer questions by any participants. Shareholders may access the earnings call by clicking the link below: https://investor.securitynational.com/news-and-events/events-and-presentations The earnings call can also be accessed directly from the Company's websi