earnings
confidence high
sentiment positive
materiality 0.75
Lincoln Financial Q1: adj. operating EPS $1.66, net loss $1.10; Group Protection record
LINCOLN NATIONAL CORP
2026-Q1 EPS reported
-$1.10
revenue$5,306,000,000
- Net loss available to common stockholders $(211)M ($1.10 diluted EPS); adjusted operating income available to common stockholders $326M ($1.66 diluted EPS).
- Group Protection operating income $112M (record first quarter), up 11% YoY; Life Insurance operating income $41M, up $57M YoY.
- Annuities operating income $275M (-5% YoY); adjusting for NII allocation and tax items, up 1% YoY; sales $3.9B (+4%).
- Holding company available liquidity $805M net of prefunding; RBC ratio >420% (estimated).
- Retirement Plan Services operating income $43M (+26% YoY); net outflows improved to $0.2B from $2.2B.