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Lincoln National LNC Retirement Plan Services — Interest credited

Other product segments

UL and Other
$357M+0.3%
Fixed Annuities
$256M+21.9%
Variable Annuities
$230M+15.6%

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$25M-7.4%
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$600K0.0%
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$39M+56.0%

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$8.98B+20.1%
Enterprise value$8B+31.2%
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 retirement plan services — interest credited?
Lincoln National (LNC) reported retirement plan services — interest credited of $170M in Q1 2026.
How has Lincoln National's retirement plan services — interest credited changed year-over-year?
Lincoln National's retirement plan services — interest credited decreased by 0.0% year-over-year, from $170M to $170M.
What is the long-term trend for Lincoln National's retirement plan services — interest credited?
Over 3 years (2022 to 2025), Lincoln National's retirement plan services — interest credited has grown at a 3.2% compound annual growth rate (CAGR), from $629M to $692M.
What does retirement plan services — interest credited mean?
The total interest expense accrued and credited to policyholder accounts for fixed-income retirement products. This metric represents the cost of capital for the insurer's general account liabilities and is a primary driver of the spread between investment income and policyholder obligations. It reflects the company's competitive positioning in the fixed-annuity market.

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