SNFC

Security National Memorial segment increases earnings 125% for first nine months of 2021

By Funeral Director Daily / December 1, 2021 /

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’s Cemetery/Mortuary revenues up 28% in Q2

By Funeral Director Daily / August 27, 2021 /

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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Funeral stocks continue solid climb

By Funeral Director Daily / June 8, 2021 /

As of last Friday, June 4, we were over five months into the 2021 calendar year.  Funeral Director Daily decided it was time to take a look at where the Death Care stocks were in relation to the stock market indices up to that day. What we found out is that the stocks of companies…

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Security National keeps growing revenues

By Funeral Director Daily / May 26, 2021 /

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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Death Care outpaces Dow, Nasdaq, and S&P for first third of 2021

By Funeral Director Daily / May 5, 2021 /

For the first time that I can remember since I have followed what is termed the Death Care Index (DCI), the DCI for a period of time has outpaced the standard measures of America’s public companies, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500.  For the time period of January…

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Security National posts 70% increase in year over year revenues

By Funeral Director Daily / April 8, 2021 /

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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Security National reports 3Q 2020: Hitting on all cylinders

By Funeral Director Daily / November 23, 2020 /

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…

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Security National has bang-up quarter, Memorial segment grows

By Funeral Director Daily / August 21, 2020 /

Security 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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Security National reports revenue up, income down in Q1 2020 results

By Funeral Director Daily / June 2, 2020 /

Back on May 18,2020, Security National Financial Corporation (SNFC) reported its 1st Quarter 2020 results that encompassed the period from January 1, 2020 to March 31, 2020.  The results, which you can see in a press release here, showed that the company increased revenues in the period compared to the prior year’s revenue by 29.2%…

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Security National reports year end 2019

By Funeral Director Daily / April 13, 2020 /

Security National Financial Corporation (SNFC), the Utah public company that is partly rooted in the preneed funeral insurance and mortuary/cemetery business, recently reported its 2019 year end financial results.  You can read the company’s press release on the results here. The results do say, “For the twelve months ended December 31, 2019, SNFC’s after-tax earnings…

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