Earnings ·
Reports Q3 net loss of $0.4 million as direct premiums rise 7% to $50 million
CIACitizens, Inc.
Citizens, Inc. reported a net loss of $0.4 million for the third quarter ended September 30, 2026, compared to a $2.4 million net income in the prior-year period. Direct insurance premiums increased 7% year-over-year to $50 million, driven by growth in the Domestic Insurance segment and expanding distribution networks. Total revenues reached $65 million, up from $62.8 million, while adjusted total revenues declined slightly to $63.6 million due to lower net investment income offsetting premium gains. The company reported book value per share of $4.37 and held no debt at quarter-end. Citizens, Inc. is a diversified financial services company specializing in life, living benefits, and final expense insurance.