secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN NATIONAL CORP (LNC)
CIK:        0000059558
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0000059558-26-000007
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 Q4 adjusted EPS $2.21 vs $1.91 YoY; net income falls to $745M
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- Q4 adjusted operating income available to common $434M ($2.21/diluted share), up from $332M ($1.91) YoY.
- Net income available to common $745M ($3.80/sh) vs $1,675M ($9.63) in Q4 2024 due to non-economic market risk benefit changes.
- Life Insurance operating income $77M, a $92M improvement YoY, driven by improved mortality and alternative investment income.
- Annuities operating income $311M (+3% YoY) on record account balances of $175B; sales up 33% to $4.9B.
- Holding company liquidity net of prefunding $655M at year-end; RBC ratio >420%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59558/000005955826000007/0000059558-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59558/000005955826000007/lnc-20260212.htm
  HTML page:      https://secwatch.observer/filing/0000059558-26-000007

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