Security National Financial 3Q 2026: Revenue $79.94M, EPS $0.23 — 10-Q Summary
Security National Financial reported 3Q 2026 revenue of $79.94M, down 10.5% YoY, and EPS of $0.23, down 39.5%. Declines were driven by lower mortgage fee income, insurance premiums, and investment gains, despite increases in funeral and cemetery sales. Mortgage loan volume also decreased. The company faced compliance issues with two warehouse lines.
How this was made
The 30-second read
Why it matters
The earnings miss is likely to weigh on the stock in the short term, though the waiver on warehouse lines may mitigate immediate financing concerns.
Market read
Earnings miss for a micro‑cap mortgage‑finance firm; likely short‑term downside pressure.
What to watch
Waivers on warehouse lines may provide temporary liquidity relief.
Background
Security National Financial Corp (SNFCA) filed its Q3 2026 10‑Q, reporting declines in mortgage fee income, insurance premiums, and investment gains, partially offset by higher funeral and cemetery sales.
Ticker impact
Q3 2026 10‑Q shows revenue down 10.5% YoY and EPS down 39.5%, indicating weaker performance.
likely downside as market prices in lower revenue and earnings
The disclosed decline in revenue and EPS is material for this micro‑cap and was first reported in this filing.
Market effects
Mortgage and insurance segments face pressure; peers may see similar sentiment.
Limited to U.S. mortgage‑finance niche.
Minimal.
Counterpoint
If the funeral and cemetery segment continues to grow, the company could rebound despite short‑term miss.
Key entities
- companySecurity National Financial Corp
Issuer of the 10‑Q filing.
- lenderU.S. Bank
Provided a waiver on a warehouse line.
- lenderWestern Alliance
Sought a waiver on a warehouse line.