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Citizens CIA Permanent — Derecognition and other

Other product segments

Permanent Limited Pay
$176K+603%

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Other financials

Income statement

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Revenue$59.7M+7.3%
Net income$2.3M+240%
EPS (diluted)$0.04+233%

Balance sheet

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Cash & equivalents$18.5M+0.9%
Total debt$7.4M-5.5%
Total equity$238.7M+9.4%
Total assets$1.7B+2.2%

Cash flow

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Operating cash flow-$323.0K-143%
CapEx$326.0K+205%
Free cash flow-$649.0K-201%

Valuation

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Market cap$300.79M+65.2%
P/E16.3×-4.5×
P/S1.2×+0.4×

Profitability

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Net margin7.1%+3.5pp
FCF margin6.3%-4.1pp

Returns & leverage

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Return on equity8.1%+3.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Citizens in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitDerecognition.

The official record: Citizens’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citizens's permanent — derecognition and other?
Citizens (CIA) reported permanent — derecognition and other of -$1.4M in Q1 2026.
How has Citizens's permanent — derecognition and other changed year-over-year?
Citizens's permanent — derecognition and other increased by 48.2% year-over-year, from -$2.7M to -$1.4M.
What does permanent — derecognition and other mean?
Captures adjustments to the liability for future policy benefits resulting from policy terminations, lapses, or other non-standard changes in the insurance portfolio. It serves as a reconciliation item that accounts for changes in the expected future obligations outside of normal premium and benefit activity.