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Stock impact report

Security National Financial Corporation Reports Financial Results for the Quarter Ended June 30, 2024

Security National Financial Corporation - Class A (SNFCA) 
US:NASDAQ Investor Relations: ir.securitynational.com/investor-relations
Company Research Source: GlobeNewswire
SALT LAKE CITY, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Security National Financial Corporation (SNFC) (NASDAQ symbol "SNFCA") announced financial results for the quarter ended June 30, 2024. For the three months ended June 30, 2024, SNFC’s after tax earnings increase nearly 15% from $6,353,000 in 2023 to $7,272,000 in 2024. For the six months ended June 30, 2024, after tax earnings increased 94% to $14,746,000 from $7,593,000 in 2023. Scott M. Quist, President of the Company, said: “I am quite pleased with our Company’s financial performance in the first half of 2024. To have a 95% increase in pretax income over 2023 is an excellent performance. In my view our operational income was even better. Because we have substantial real estate investments, sometimes the associated investment income can be a little “lumpy”, just given its nature. This lumpiness occurred, especially in our Life Insurance and Memorial segments, comparing 2024 to 2023. From an operational perspective our Memorial Show less Read more
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