Security National Financial Corporation
Since the first of the year there has been a lot in the news. . . . and news that is probably more consequential than other 75-day time periods over the last couple of years. Let’s see. . . there’s been the Omicron variant, supply shortages, inflation, and the Russian invasion of the Ukraine. On…
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Security National Financial Corporation (SNFC), parent company of Utah-based Memorial Mortuaries announced in two separate press releases the acquisition of two funeral service companies, one of which also operates a large cemetery in addition to their four funeral locations. In this press release you can read of the acquisition of Salt Lake City provider Holbrook…
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Security National Financial Corporation (SNFC) released this press release earlier in November which memorialized their operations for the 3rd Quarter of 2021 as well as the first nine-months of 2021. The Utah based company operates in three business segments with one of those segments being what they call their Memorial Segment. For the nine months…
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Security National Financial Corporation of Utah revealed their 2nd Quarter 2021 financial numbers earlier this month. Total revenues for the entire company were actually down about 2% overall as their Mortgage Division saw an overall 8% decline in revenues as compared to the same quarter of 2020. However, the company’s Life Insurance division, which included…
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Security National Financial Corporation (SNFC) continues to reel in the revenue in each of their three divisions according to this press release from mid-May containing their 1st Quarter 2020 results. The Utah based company conducts business in the death care field both in the financial services realm and the funeral and cemetery services realm. In…
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Security National Financial Corporation (SNFC), the Utah based company with segments in the preneed insurance, funeral home assignment, mortuary, and cemetery business, released their 4th Quarter of 2020 and Year End 2020 results last week. The first line from that press release which you can read here, states, “For the twelve months ended December 31,…
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There are a lot of reasons that people may look to get the year 2020 in their rearview mirror. However, when you look individually at the performance of the public companies in the death care realm for the calendar year, my guess is that almost all of them would be happy to repeat the year’s…
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We checked into Funeral Director Daily’s proprietary Death Care Index (DCI) after the markets closed on Monday, the last day of November. That check-in allowed us to take a look at the eight stocks that make up the DCI and see where they were individually and as a group and how that group compared to…
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We continue to roll out the earnings reports of the public death care companies and today is no exception. Today we tell you about one of the quieter companies that is starting to make a name for themselves as they grow. That company is Utah based Security National Financial Corporation (SNFC) and divisions of the…
Read MoreSecurity National Financial Corporation (SNFC) is a diverse, but integrated company. They are diverse in that they have three distinct segments – Mortgages, Life Insurance, and Cemeteries/Mortuaries – under their umbrella. They are an integrated company in that all segments report together to bring a bottom line to the company. And, the integration was good…
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