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Security National Financial Q3 earnings drop 38.6% amid tough mortgage market and rising rates

Company Fundamentals
10 Nov 2026, 02:00 WIB
Security National Financial Corporation
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Bearish
Security National Financial Q3 earnings drop 38.6% amid tough mortgage market and rising rates

Security National Financial Corporation reported a 38.6% drop in after-tax earnings for Q3 2026, falling to $6.17 million due to challenging mortgage market conditions and increased interest rates. The mortgage segment faced a $2.65 million loss driven by lower home sales and market volatility, while the insurance segment saw reduced profitability despite above-average investment yields. The cemetery and mortuary segment also experienced a profit decline due to market factors but showed growth in preneed cemetery sales. Despite earnings pressure, the company's stockholders' equity rose by 8.2% to $469 million, reflecting the positive impact of higher interest rates on insurance reserves. Management remains focused on its long-term strategy amid these mixed results.

Security National Financial Corporation's stockholders' equity rose by 8.2% to $469 million despite a 38.6% drop in after-tax earnings for Q3 2026. For readers following the Financials sector, here is Pluang's market snapshot as of Nov 10, 2026 00:52 WIB: out of 142 priced US Financials stocks, 129 rose and 12 fell today. Notable movers include PSEC at USD 1.54 (+9.22%), WULF at USD 12.20 (+7.30%), and BEN at USD 36.01 (+6.74%).

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