---
schema_version: "secwatch.filing_event.v1"
accession: "0000024090-22-000103"
form_type: "8-K"
ticker: "CIA"
cik: "0000024090"
company_name: "CITIZENS, INC."
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:20:09.001390+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Citizens Q3 net loss $5.1M ($0.10/sh); adj op income $0.2M vs loss $4.9M

## Summary
- Net loss of $5.1M ($0.10 per share) vs net loss of $2.8M ($0.06) in Q3 2021.
- Adjusted operating income of $0.2M vs adjusted operating loss of $4.9M in prior year.
- Total premium revenue $43.9M, up 1% YoY; insurance issued up 78% to $189.8M.
- Claims and surrenders down 3.4% YoY; death claims down 37% due to lower COVID-19 deaths.
- Investment related losses $5.0M driven by fair value changes; book value ($0.28) per share.

## SEC filing metadata
- accession: 0000024090-22-000103
- form_type: 8-K
- ticker: CIA
- cik: 0000024090
- company_name: CITIZENS, INC.
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24090/000002409022000103/0000024090-22-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24090/000002409022000103/cia-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000024090-22-000103
- JSON: https://secwatch.observer/filing/0000024090-22-000103.json
- Plain text: https://secwatch.observer/filing/0000024090-22-000103.txt

## Key facts
- Earnings Releases
  CITIZENS, INC. reported third quarter ended September 30, 2022 results: net income $5.1 million, EPS $0.10 per fully diluted class A share.
  - Period: third quarter ended September 30, 2022
  - Net income: $5.1 million
  - EPS: $0.10 per fully diluted class A share
  - Result: reported results
  source text: Net loss for the third quarter of 2022 totaled $5.1 million, or $0.10 per fully diluted class A share
  evidence_url: https://www.sec.gov/Archives/edgar/data/24090/000002409022000103/0000024090-22-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.