Security National Financial Corp. Finalizes Acquisition of Kilpatrick Life Insurance Company
Security National Financial Corporation - Class A (SNFCA)
US:NASDAQ Investor Relations:
ir.securitynational.com/investor-relations
Company Research
Source: GlobeNewswire
MURRAY, Utah, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Security National Financial Corporation (NASDAQ: SNFCA) announced today the closing of its purchase of Kilpatrick Life Insurance Company. Kilpatrick Life is a Louisiana domiciled life insurer having a strong insurance base in the Southeastern United States. After receiving approval from the Louisiana Department of Insurance on December 12th, the Company closed the transaction on December 13th. Kilpatrick Life had approximately $193,000,000 in assets and $10,000,000 in collected premiums as of September 30, 2019, on a statutory accounting basis. Scott M. Quist, President of Security National commented, “We view this acquisition as strategic with regards to our combined overall growth in the region. Kilpatrick Life’s products and marketing are similar to Security National’s and thus with the introduction of updated products and improved sales support, we expect to achieve considerable economies of scale over time.” Over the recent pas
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News
- Security National Financial Corporation Introduces its new Loyalty Sales DivisionGlobeNewswire
- Security National Financial Co. (NASDAQ: SNFCA) was upgraded by analysts at StockNews.com from a "hold" rating to a "strong-buy" rating.MarketBeat
- Security National Financial Corporation Reports Financial Results for the Quarter Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Security National Financial Corporation Reports Financial Results for the Quarter Ended March 31, 2024GlobeNewswire
- Security National Financial (NASDAQ:SNFC.A) shareholders have earned a 11% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
SNFCA
Sec Filings
- 5/14/24 - Form 10-Q
- 4/19/24 - Form DEF
- 4/19/24 - Form 4
- SNFCA's page on the SEC website