---
schema_version: "secwatch.filing_event.v1"
accession: "0001635984-24-000014"
form_type: "8-K"
ticker: null
cik: "0001635984"
company_name: "National Western Life Group, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:08:18.077944+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NWLI Q1 net earnings $73.6M ($20.82/sh) vs $12.3M ($3.48/sh) YoY; revenue up 29%

## Summary
- Revenue $197.6M, up 29% from $152.6M in Q1 2023.
- Net investment income rose to $96.0M from $87.0M YoY.
- Market risk benefits liability swung to a $16.4M decrease vs $37.0M increase in Q1 2023.
- Life insurance face amount sold up 24% YoY in Q1 2024.
- Merger with Prosperity Life Group awaiting regulatory approvals to close.

## SEC filing metadata
- accession: 0001635984-24-000014
- form_type: 8-K
- cik: 0001635984
- company_name: National Western Life Group, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635984/000163598424000014/0001635984-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635984/000163598424000014/nwli-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635984-24-000014
- JSON: https://secwatch.observer/filing/0001635984-24-000014.json
- Plain text: https://secwatch.observer/filing/0001635984-24-000014.txt

## Key facts
- Earnings Releases
  National Western Life Group, Inc. reported the quarter ended March 31, 2024 results: revenue $197.6 million, net income $73.6 million, EPS $20.82 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $197.6 million
  - Net income: $73.6 million
  - EPS: $20.82 per diluted share
  - Result: reported results
  source text: Common Stock for the first quarter of 2023. The Company's book value per share as of March 31, 2024 was $686.73. The Company's reported revenues for the quarter increased 29% to $197.6 million from $152.6 million in the first quarter of 2023. Equity market performance during the 2024 first quarter helped to increase the realized and unrealized gains on derivative
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635984/000163598424000014/0001635984-24-000014-index.htm

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