Security National Financial Corporation (SNFCA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone, and welcome to Security National Financial Corporation's second quarter 2026 earnings call. We thank you for joining us today to review our financial and operational results for the period ended June 30th, 2026. Before we begin, I'd like to remind everyone that our remarks today will include forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results that differ materially from those projected. Such risks include but are not limited to changes in economic conditions, interest rates, regulatory developments, competitive pressures, and other factors detailed in our filings with the Securities and Exchange Commission. We caution you not to place undue reliance on these forward-looking statements. which speak only as of today's date. We undertake no obligation to publicly update or revise these statements to reflect future events or circumstances except as required by law. With that, I'd like to turn the call over to our chairman, president and chief executive officer, Scott Quist. Scott. Thank you. Welcome everyone. I am pleased to report that our second quarter earnings after tax increased 7.3% over 2025 and that our first half earnings increased 8.1% over 2025. This improved profitability for both the quarter and the first half of the year illustrates the very solid operational and sales progress we have made in all of our business segments. It is not lost on me that our top line revenue decreased 6.3% for the quarter and 5% for the half. We are working aggressively and in my view successfully to address those revenue issues. But our first goal was improved profitability and we achieved that goal. Our mortgage segment can be considere...