secwatch.observer — SEC 8-K summary ====================================== Issuer: LINCOLN NATIONAL CORP (LNC) CIK: 0000059558 Form: 8-K Filed at: 2025-05-08T23:59:59+00:00 Accession: 0000059558-25-000044 Event type: earnings Sentiment: neutral Materiality: 0.75 Item codes: 2.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Lincoln Financial Q1 net loss $756M, adjusted operating income $280M; announces Bain Capital partnership -------------------------------------------------------------------------------- - Q1 net loss available to common stockholders of $756M ($4.41/diluted share) vs prior-year net income $1.19B. - Adjusted operating income available to common stockholders $280M ($1.60/diluted share), up from $210M ($1.22) YoY. - Annuities operating income $290M (+12%); Life Insurance loss improved to $16M from $35M loss; Group Protection income up 26% to $101M. - RBC ratio estimated above 420% in Q1 2025; adjusted book value per share $73.19. - Announced minority investment partnership with Bain Capital expected to close H2 2025. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/59558/000005955825000044/0000059558-25-000044-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/59558/000005955825000044/lnc-20250508.htm HTML page: https://secwatch.observer/filing/0000059558-25-000044 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer