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Policy loans at other companies

MetLife logo
MetLifeMET
$8.46B-2.4%
Jackson Financial logo
Jackson FinancialJXN
$4.43B+0.5%
Globe Life logo
Globe LifeGL
$749.11M+5.8%
Unum logo
UnumUNM
$3.7B+1.8%
Reinsurance Group of America logo
Reinsurance Group of AmericaRGA
$3.7B+188%
Equitable Holdings logo
Equitable HoldingsEQH

Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$7.11B+10.3%
Enterprise value$6.13B-25.1%
P/E4.1×-0.7×
P/S0.4×0.0×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:LoansInsurancePolicy.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's policy loans?
Lincoln National (LNC) reported policy loans of $2.61B in Q1 2026.
How has Lincoln National's policy loans changed year-over-year?
Lincoln National's policy loans increased by 3.0% year-over-year, from $2.53B to $2.61B.
What is the long-term trend for Lincoln National's policy loans?
Over 5 years (2020 to 2025), Lincoln National's policy loans has grown at a 1.6% compound annual growth rate (CAGR), from $2.43B to $2.63B.
What does policy loans mean?
Reflects the outstanding balance of loans extended to policyholders, secured by the cash surrender value of their life insurance policies. These loans represent a low-risk asset class that provides policyholders with liquidity while maintaining the underlying insurance contract. Growth in this balance may indicate increased policyholder demand for liquidity during economic stress.