Highest-materiality recent filing
Citizens Inc Q1 revenue $59.7M (+7% YoY); net income turns to $2.3M
Total revenues $59.7M, up 7% from $55.7M; net income $2.3M vs $1.6M loss year ago.
Citizens, Inc. reports record full-year 2025 revenue of $255.6M; Q4 revenue $72.1M
Full year revenue $255.6M (up 4% YoY); Q4 record $72.1M (up 14% YoY).
CEO Jon Stenberg receives compensation increase: base to $600k, bonus targets raised
Base salary increased from $500,000 to $600,000 effective April 1, 2026.
Citizens Q3 adj EPS $0.07 (+70% YoY); record in-force $5.38B; adds board member
Q3 2025 adj net income $3.4M ($0.07/diluted Class A) vs $2.0M ($0.04) YoY, +70%.
Citizens Q2 net income rises to $6.5M ($0.13/diluted Class A) on revenue of $65.1M
Total revenues $65.1M in Q2 2025, up from $62.1M in Q2 2024; net income $6.5M vs $4.0M.
Citizens, Inc. shareholders elect all eight director nominees at June 17 annual meeting
All eight director nominees elected; Peter M. Carlson received 3,433,773 For, 17,525 Against, 26,626 Abstain.
Citizens reports Q1 net loss of $1.6M; direct premiums up 49% YoY
Total revenues $55.7M (-$2.0M YoY); adjusted revenues $58.5M (+$1.8M YoY).
Citizens, Inc. director and former CEO Gerald W. Shields resigns from board effective April 15, 2025
Gerald W. Shields, former CEO and only non-independent director, submitted conditional resignation on April 2, 2025.
Citizens FY2024 revenue $245M (+2%), net income $14.9M; insurance issued jumps 54% to $1.1B
FY2024 total revenues $245.0M vs $240.7M in 2023; adjusted revenues $247.6M vs $239.9M.
Citizens, Inc. Q3 net income $0.05/share; insurance issued up 75% to record $307.6M
Record insurance issued $307.6M in Q3 2024, up 75% YoY; total direct force $5.2B.
Citizens Q2 net income $4.0M ($0.08/share) on 6% revenue growth; insurance issued record $295.2M
Revenue $62.1M (+6% YoY); net income $4.0M ($0.08 EPS) vs $6.1M ($0.12) in Q2 2023.
Citizens appoints Jon Stenberg CEO; Shields stays Vice Chairman; Q1 insurance issued up 61%
Jon Stenberg, President since March 2024, adds CEO role effective July 1, 2024.
Shareholders elect all director nominees, ratify auditor, approve say-on-pay at annual meeting
All seven director nominees elected; broker non-votes of 3,177,105 on each.
Citizens Q1 revenue up 3% to $57.7M; insurance issued up 61%
Total revenues $57.7M (+3% YoY); net income $4.5M ($0.09/share) vs $4.9M ($0.10) a year ago.
Jon Stenberg appointed President of Citizens; named CEO effective July 1, 2024
Jon Stenberg appointed President effective March 18, 2024; to become CEO on July 1, 2024, succeeding Gerald Shields.
Full-year 2023 total revenues $240.7M, up from $232.5M in 2022; Q4 revenue $66.8M vs $67.3M YoY.
On April 2, 2025, Gerald W. Shields, former Chief Executive Officer and the only non-independent director of the Board of Directors ("Board") of Citizens, Inc. (the “Company”), submitted a written resignation from the Board contingent upon the Board accepting such resignation and selecting an effective date.
Gerald W. Shields, who has served as the Company’s Chief Executive Officer and Vice Chairman since 2020, will continue as Vice Chairman of the Company's Board of Directors.
On March 18, 2024, the Company announced that Jon Stenberg, age 58, has been appointed as President of the Company, reporting to Mr. Shields, until June 30, 2024
and will become the Chief Executive Officer on July 1, 2024
extended Mr. Shields’ term as Chief Executive Officer to June 30, 2024 in order to facilitate a smooth transition to a new Chief Executive Officer
Max materiality 0.75 · Median 0.70 · Most common event earnings