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Lincoln National LNC Annuities — Interest credited

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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$8.93B+19.5%
Enterprise value$7.96B+30.5%
P/E5.2×-1.4×
P/S0.5×+0.1×

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:InterestCreditedToPolicyholdersAccountBalances.

The source filing: Lincoln National’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000059558-26-000035
Line itemAnnuitiesLife InsuranceGroup ProtectionRetirement Plan ServicesOther OperationsTotal
Operating Expenses (2)
Benefits and policyholder liability
remeasurement2497599472,000
Interest credited49529117043999
Commissions339112135291616
General and administrative expenses1331292308963644
Interest and debt expense8181
Other (3)(42)795374101

Item 1. Financial Statements

FAQ

What is Lincoln National's annuities — interest credited?
Lincoln National (LNC) reported annuities — interest credited of $495M in Q1 2026.
How has Lincoln National's annuities — interest credited changed year-over-year?
Lincoln National's annuities — interest credited increased by 18.1% year-over-year, from $419M to $495M.
What is the long-term trend for Lincoln National's annuities — interest credited?
Over 3 years (2022 to 2025), Lincoln National's annuities — interest credited has grown at a 26.2% compound annual growth rate (CAGR), from $894M to $1.8B.
What does annuities — interest credited mean?
Reflects the interest expense accrued on fixed and indexed annuity contracts, representing the cost of providing guaranteed or index-linked returns to policyholders. This is a primary driver of the segment's cost of funds and directly impacts the net interest margin.

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