secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN NATIONAL CORP (LNC)
CIK:        0000059558
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000059558-24-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Financial Q3 adjusted operating income $358M, or $2.06/share; net loss $(562)M on non-economic items
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- Adjusted operating income $358M ($2.06/diluted); net loss $(562)M ($(3.29)/share) from derivative and market risk benefit changes.
- Annuities operating income $300M (+15% YoY); sales $3.4B (+24%) with RILA up 13% sequentially.
- Group Protection operating income $110M (more than doubled YoY); margin expanded 500 bps to 8.5%.
- Life Insurance operating income $14M (ex-assumption review); sequential sales growth 16%.
- RBC ratio estimated >420%; holding company available liquidity $459M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59558/000005955824000063/0000059558-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59558/000005955824000063/lnc-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000059558-24-000063

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