secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN NATIONAL CORP (LNC)
CIK:        0000059558
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0000059558-25-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Financial Q4 net income $1.7B, adjusted EPS $1.91; RBC ratio >430%
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- Q4 net income $1.7B ($9.63/diluted share) vs net loss $1.2B in Q4 2023.
- Adjusted operating income $332M ($1.91/diluted share), up from $252M a year ago.
- Annuities operating income $303M (+14% YoY); full-year sales highest since 2019 at $13.7B.
- Group Protection operating income $107M (more than doubled); margin 8.4% (+430 bps).
- Estimated RBC ratio >430% at year-end; holding company liquidity $463M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59558/000005955825000007/0000059558-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59558/000005955825000007/lnc-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000059558-25-000007

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