secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN NATIONAL CORP (LNC)
CIK:        0000059558
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000059558-22-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LNC Q2 net income drops 63% to $238M; adjusted op EPS $2.23, down 30% YoY
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- Net income $238M ($1.34 diluted EPS) vs $642M ($3.34 EPS) in Q2 2021.
- Adjusted operating income $391M ($2.23 per share) vs $608M ($3.17) YoY.
- BVPS ex-AOCI $79.49, up 5% YoY; BVPS incl. AOCI $53.97, down 53% on higher rates.
- Capital returned $177M including $100M buybacks; share count down 10% YoY.
- Segment: Retirement Plan Services net flows +$913M; Life sales +53%; Group Protection income +28%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59558/000005955822000036/0000059558-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59558/000005955822000036/lnc-20220803x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059558-22-000036

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