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Citizens CIA Permanent — Effect of changes in discount rates

Other product segments

Permanent Limited Pay
-$26.1M-6.8%

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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:AociLiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeTax.

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 — effect of changes in discount rates?
Citizens (CIA) reported permanent — effect of changes in discount rates of -$55.45M in Q1 2026.
How has Citizens's permanent — effect of changes in discount rates changed year-over-year?
Citizens's permanent — effect of changes in discount rates increased by 11.3% year-over-year, from -$62.53M to -$55.45M.
What is the long-term trend for Citizens's permanent — effect of changes in discount rates?
Over 3 years (2022 to 2025), Citizens's permanent — effect of changes in discount rates has grown at a 65.6% compound annual growth rate (CAGR), from -$43.31M to -$196.56M.
What does permanent — effect of changes in discount rates mean?
Quantifies the impact of fluctuations in market discount rates on the present value of future policy benefit liabilities. Changes in this metric highlight the sensitivity of the company's long-term insurance reserves to interest rate volatility.