secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS, INC. (CIA)
CIK:        0000024090
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000024090-24-000173
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens, Inc. Q3 net income $0.05/share; insurance issued up 75% to record $307.6M
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- Record insurance issued $307.6M in Q3 2024, up 75% YoY; total direct force $5.2B.
- Total revenues $61.7M (+4% YoY); direct first year premiums up 70%; agents up 86% since Dec 2023.
- Net income $2.8M ($0.05/diluted share) flat YoY; adjusted income before tax $2.2M vs $5.7M.
- Cash from operations $9.7M; cash $32.4M, no debt; book value per share $4.16 (+35% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24090/000002409024000173/0000024090-24-000173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24090/000002409024000173/cia-20241107.htm
  HTML page:      https://secwatch.observer/filing/0000024090-24-000173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer