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Security National Financial Corporation SNFCA Traditional Life — Value Of Business Acquired VOBA

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CIAAmortization Of Value Of Business Acquired VOBA
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FGTraditional Life — VOBA amortization
$2M-33.3%
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KKRVariable Annuities — Value of Business Acquired
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KMPRLife Insurance — VOBA, amortization expense, year five
$1.1M-15.4%

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:ValueOfBusinessAcquiredVOBA.

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 — value of business acquired VOBA?
Security National Financial Corporation (SNFCA) reported traditional life — value of business acquired VOBA of $6.87M in Q1 2026.
How has Security National Financial Corporation's traditional life — value of business acquired VOBA changed year-over-year?
Security National Financial Corporation's traditional life — value of business acquired VOBA decreased by 5.8% year-over-year, from $7.29M to $6.87M.
What does traditional life — value of business acquired VOBA mean?
This metric represents the intangible asset recognized when a block of life insurance policies is acquired, reflecting the present value of future profits expected from those policies. It is a critical measure of the embedded value within the acquired insurance portfolio. Investors use this to assess the long-term earnings potential and the quality of the acquired insurance business.