Security National Financial (SNFCA) investor relations material

Executive summary

• 2025 marked the strongest operational year outside of pandemic years, with after-tax earnings from operations rising 10.8% to $32.2 million and net profit surpassing 2024 by nearly 11%.

• All business segments—Life, Mortgage, and Cemetery/Mortuary—contributed to record results, with strong Q4 performance.

• The company achieved a 2% return on total assets, considered very good for a financial services firm.

Financial highlights

• Net earnings increased by $3 million or 10% year-over-year, with after-tax earnings at $32.2 million and earnings before taxes totaling $41.4 million, up 10.8%.

• Total assets grew by $67 million (4.5%), and stockholders' equity rose to $410 million (up 7.5%).

• Revenue increased 3% year-over-year to $344.6 million, primarily from investment income.

• Net earnings per common share increased to $1.26 from $1.16, and book value per share rose to $16.54.

Outlook and guidance

• Management expects continued revenue growth, leveraging investments in talent, technology, and sales systems across all segments.

• The company plans to refine internal controls and enhance operational efficiency in 2026.

• Forward-looking statements caution that actual results may differ due to risks and uncertainties.