Kansas City Life Announces Second Quarter 2025 Results
Kansas City Life Insurance Company (OTCQX: KCLI) reported a significant net loss of $28.1 million ($2.90 per share) in Q2 2025, compared to a net income of $4.7 million ($0.49 per share) in Q2 2024. The primary factor was a $35.5 million legal settlement accrual related to class action lawsuits.
Excluding the legal settlement, the company would have posted a net income of $7.5 million ($0.77 per share) in Q2 2025, showing improvement over Q2 2024 due to higher investment revenues and lower policyholder benefits, despite declining insurance revenues. For the first six months of 2025, KCLI reported a net loss of $26.2 million, compared to a net income of $6.3 million in the same period of 2024.
Kansas City Life Insurance Company (OTCQX: KCLI) ha registrato una perdita netta significativa di 28,1 milioni di dollari (2,90 dollari per azione) nel secondo trimestre del 2025, rispetto a un utile netto di 4,7 milioni di dollari (0,49 dollari per azione) nel secondo trimestre del 2024. Il fattore principale 猫 stato un accantonamento di 35,5 milioni di dollari per una causa legale legata a cause collettive.
Escludendo l鈥檃ccantonamento per la causa legale, la societ脿 avrebbe registrato un utile netto di 7,5 milioni di dollari (0,77 dollari per azione) nel secondo trimestre del 2025, mostrando un miglioramento rispetto al secondo trimestre del 2024 grazie a maggiori ricavi da investimenti e a minori benefici per gli assicurati, nonostante un calo dei ricavi assicurativi. Nei primi sei mesi del 2025, KCLI ha riportato una perdita netta di 26,2 milioni di dollari, rispetto a un utile netto di 6,3 milioni nello stesso periodo del 2024.
Kansas City Life Insurance Company (OTCQX: KCLI) report贸 una p茅rdida neta significativa de 28,1 millones de d贸lares (2,90 d贸lares por acci贸n) en el segundo trimestre de 2025, en comparaci贸n con un ingreso neto de 4,7 millones de d贸lares (0,49 d贸lares por acci贸n) en el segundo trimestre de 2024. El factor principal fue una provisi贸n de 35,5 millones de d贸lares para un acuerdo legal relacionado con demandas colectivas.
Excluyendo esta provisi贸n, la compa帽铆a habr铆a registrado un ingreso neto de 7,5 millones de d贸lares (0,77 d贸lares por acci贸n) en el segundo trimestre de 2025, mostrando una mejora respecto al segundo trimestre de 2024 debido a mayores ingresos por inversiones y menores beneficios para los asegurados, a pesar de la disminuci贸n en los ingresos por seguros. En los primeros seis meses de 2025, KCLI report贸 una p茅rdida neta de 26,2 millones de d贸lares, frente a un ingreso neto de 6,3 millones en el mismo periodo de 2024.
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氩曥爜 頃╈潣 於╇嫻旮堨潉 鞝滌櫢頃橂┐, 須岇偓電� 2025雲� 2攵勱赴鞐� 750毵� 雼煬鞚� 靾滌澊鞚�(欤茧嫻 0.77雼煬)鞚� 旮半頄堨潉 瓴冹澊氅�, 鞚措姅 韴瀽 靾橃澋 歃濌皜鞕� 氤错棙旮� 歆�旮� 臧愳唽 雿曤秳鞐� 2024雲� 2攵勱赴氤措嫟 臧滌劆霅� 靾橃箻鞛呺媹雼�. 2025雲� 靸侂皹旮办棎電� KCLI臧� 2620毵� 雼煬鞚� 靾滌啇鞁れ潉 氤搓碃頄堨溂氅�, 鞚措姅 2024雲� 臧欖潃 旮瓣皠鞚� 630毵� 雼煬 靾滌澊鞚店臣 雽�牍勲惄雼堧嫟.
Kansas City Life Insurance Company (OTCQX : KCLI) a annonc茅 une perte nette importante de 28,1 millions de dollars (2,90 dollars par action) au deuxi猫me trimestre 2025, contre un b茅n茅fice net de 4,7 millions de dollars (0,49 dollar par action) au deuxi猫me trimestre 2024. Le principal facteur est une provision de 35,5 millions de dollars li茅e 脿 un r猫glement judiciaire concernant des actions collectives.
Excluant cette provision, la soci茅t茅 aurait r茅alis茅 un b茅n茅fice net de 7,5 millions de dollars (0,77 dollar par action) au deuxi猫me trimestre 2025, montrant une am茅lioration par rapport au deuxi猫me trimestre 2024 gr芒ce 脿 des revenus d鈥檌nvestissement plus 茅lev茅s et des prestations aux assur茅s r茅duites, malgr茅 une baisse des revenus d鈥檃ssurance. Pour les six premiers mois de 2025, KCLI a enregistr茅 une perte nette de 26,2 millions de dollars, contre un b茅n茅fice net de 6,3 millions sur la m锚me p茅riode en 2024.
Kansas City Life Insurance Company (OTCQX: KCLI) meldete im zweiten Quartal 2025 einen erheblichen Nettoverlust von 28,1 Millionen US-Dollar (2,90 US-Dollar pro Aktie), verglichen mit einem Nettogewinn von 4,7 Millionen US-Dollar (0,49 US-Dollar pro Aktie) im zweiten Quartal 2024. Hauptursache war eine R眉ckstellung von 35,5 Millionen US-Dollar f眉r eine Rechtsstreitbeilegung im Zusammenhang mit Sammelklagen.
Ohne die Rechtsstreit-R眉ckstellung h盲tte das Unternehmen im zweiten Quartal 2025 einen Nettogewinn von 7,5 Millionen US-Dollar (0,77 US-Dollar pro Aktie) erzielt, was eine Verbesserung gegen眉ber dem zweiten Quartal 2024 darstellt, bedingt durch h枚here Ertr盲ge aus Investitionen und geringere Versicherungsleistungen trotz r眉ckl盲ufiger Versicherungserl枚se. F眉r die ersten sechs Monate des Jahres 2025 meldete KCLI einen Nettoverlust von 26,2 Millionen US-Dollar, gegen眉ber einem Nettogewinn von 6,3 Millionen im gleichen Zeitraum 2024.
- Excluding legal settlement, Q2 2025 net income would be $7.5M, higher than Q2 2024's $4.7M
- Higher investment revenues and lower policyholder benefits in Q2 2025
- Maintained stable quarterly dividend of $0.14 per share
- Q2 2025 net loss of $28.1M compared to $4.7M profit in Q2 2024
- $35.5M legal settlement accrual for class action lawsuits
- Decline in insurance revenues
- First half 2025 revenues decreased to $241.3M from $249.8M in 2024
Excluding this legal settlement accrual, net income would have been
We recorded a net loss of
Excluding this legal settlement accrual, net income would have been
Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in
Kansas City Life Insurance Company Condensed Consolidated Income Statement (amounts in thousands, except share data) 听 | |||||||||||
Quarter Ended | Six Months Ended June 30 | ||||||||||
2025 | 2024 | 2025 | 2024 | ||||||||
Revenues | $ | 122,299 | $ | 122,512 | $ | 241,274 | $ | 249,820 | |||
Net income (loss) | $ | (28,073) | $ | 4,735 | $ | (26,197) | $ | 6,289 | |||
Net income (loss) per share, basic and diluted | $ | (2.90) | $ | 0.49 | $ | (2.71) | $ | 0.65 | |||
Dividends paid | $ | 0.14 | $ | 0.14 | $ | 0.28 | $ | 0.28 | |||
Average number of shares outstanding | 9,683,414 | 9,683,414 | 9,683,414 | 9,683,414 | |||||||
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SOURCE Kansas City Life Insurance Company
FAQ
What caused Kansas City Life's (KCLI) significant loss in Q2 2025?
How much was KCLI's Q2 2025 earnings per share?
Did Kansas City Life maintain its dividend in Q2 2025?
How did KCLI's revenue compare between Q2 2025 and Q2 2024?
What was Kansas City Life's performance for the first half of 2025?
