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Security National Financial Corporation SNFCA Traditional Life — Deferred Policy Acquisition Cost Amortization Expense

Other product segments

Fixed Annuity
$32.47K-2.1%

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Other financials

Income statement

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Revenue$79.7M-3.6%
Gross profit$78.5M-3.7%
Net income$7.0M+9.2%
EPS (diluted)$0.27+8.0%

Balance sheet

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Cash & equivalents$162.1M+11.6%
Total debt$4.2M-22.1%
Total equity$425.5M+10.4%
Total assets$1.6B+3.7%

Cash flow

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Operating cash flow$32.9M+244%
CapEx$189.7K-57.0%
Free cash flow$32.8M+258%

Valuation

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Market cap$252.31M+3.1%
P/E7.3×-1.7×
P/S0.7×0.0×

Profitability

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Gross margin98.6%+0.1pp
Net margin10.2%+1.8pp
FCF margin29.3%+18.3pp

Returns & leverage

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Return on equity8.6%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Security National Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The official record: Security National Financial Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Security National Financial Corporation's traditional life — deferred policy acquisition cost amortization expense?
Security National Financial Corporation (SNFCA) reported traditional life — deferred policy acquisition cost amortization expense of $2.46M in Q1 2026.
How has Security National Financial Corporation's traditional life — deferred policy acquisition cost amortization expense changed year-over-year?
Security National Financial Corporation's traditional life — deferred policy acquisition cost amortization expense increased by 3.0% year-over-year, from $2.39M to $2.46M.
What does traditional life — deferred policy acquisition cost amortization expense mean?
This expense represents the systematic allocation of capitalized policy acquisition costs to the income statement over the duration of the insurance contracts. It reflects the ongoing cost of servicing and maintaining the traditional life insurance book of business. A rising amortization expense relative to premiums earned may indicate changes in policy persistency or the aging of the insurance portfolio.