Citizens reports Q2 2021 EPS of $0.10, up from $(0.02) loss YoY; revenue up 9%

CITIZENS, INC.

Net income of $5.0M vs $(1.0M) loss a year ago; EPS of $0.10 per Class A share.
Total revenue $63.6M (+9% YoY) driven by $3M higher realized gains and 3% premium growth.
First-year premiums up 53% (Life +71%, Home +30%); policies issued up 82% overall.
Home Services introduces new digital whole life product Security Plan Plus.
Death claims in Life segment up 49% including COVID-19 claims; surrenders up 28%.

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