Citizens Inc. reports Q3 revenue of $62.8 million and net income of $2.4 million

Reuters11-07
Citizens Inc. reports Q3 revenue of $62.8 million and net income of $2.4 million

Citizens Inc. reported total revenues of $62.8 million for the third quarter of 2025, up from $61.7 million in the same period in 2024. Adjusted total revenues were $64.1 million, a 5% increase from $60.9 million in Q3 2024. Net income for Q3 2025 was $2.4 million, or $0.04 per fully diluted Class A share, compared to $2.8 million, or $0.05 per share, in Q3 2024. Adjusted net income rose to $3.4 million, or $0.07 per share, up 70% from $2.0 million, or $0.04 per share, in the prior year. The company reported a record total direct insurance in force of $5.4 billion and a 19% increase in its global network of producing agents since September 2024. Citizens Inc. also reported positive net cash provided by operating activities of $8.9 million for the nine months ended September 30, 2025, with cash and cash equivalents of $23.1 million and no debt. Key business initiatives include increasing first year premium revenues, expanding market penetration, introducing new products, and enhancing agent and client servicing platforms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citizens Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 273349) on November 06, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment