Lincoln National Corp (N:LNC)

Business Focus: Life & Health Insurance

Sector:  Financials Industry:  Life & Health Insurance
 
See Regulatory Filings on SEC
Company Contact
Address: 150 N RADNOR CHESTER RD
RADNOR PA 19087
Tel: N/A
Website: https://www.lincolnfinancial.com/public/individuals
IR: See website
<
Key People
Ellen G. Cooper
President, Chief Executive Officer, Director
Christen White
Senior Vice President, Head - Group Benefit Claims
Christopher M. Neczypor
Chief Financial Officer, Executive Vice President
Jennifer Warne Krow
Chief People Officer, Executive Vice President
Kenneth S. Solon
Executive Vice President, Chief Information Officer, Head of IT and Digital
Andrew Rallis
Executive Vice President, Chief Risk Officer
Craig T. Beazer
Executive Vice President, General Counsel
Matthew Grove
Executive Vice President and Head of Individual Life & Annuities and Lincoln Financial Network
John C. Kennedy
Executive Vice President, President - LFD
James Reid
Executive Vice President, President - Workplace Solutions
   
Business Overview
Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. Its segments include Annuities, Life Insurance, Group Protection and Retirement Plan Services. The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering variable annuities, fixed annuities and indexed variable annuities. The Life Insurance segment provides life insurance products, including term insurance, indexed universal life insurance (IUL) and variable universal life insurance (VUL) products, linked-benefit products, and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products and services, including short- and long-term disability, statutory disability and paid family medical leave administration. The Retirement Plan Services segment provides employers with retirement plan products and services.
Financial Overview
For the three months ended 31 March 2024, Lincoln National Corp revenues increased 89% to $6.02B. Net income applicable to common stockholders totaled $1.19B vs. loss of $909M. Revenues reflect Annuities segment increase of 11% to $1.27B, Group Protection segment increase of 3% to $1.43B. Net Income reflects Interest and debt expense decrease of 2% to $81M (expense). Dividend per share remained flat at $0.45.
Employees: 11,024 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $7,870M as of Mar 31, 2024
Annual revenue (TTM): $16,737M as of Mar 31, 2024
EBITDA (TTM): $2,009M as of Mar 31, 2024
Net annual income (TTM): $1,267M as of Mar 31, 2024
Free cash flow (TTM): -$3,039M as of Mar 31, 2024
Net Debt Last Fiscal Year: $2,107M as of Mar 31, 2024
Shares outstanding: 170,026,818 as of Apr 29, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.