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Lincoln National LNC Retirement Plan Services — Separate Account, Liability, Withdrawal

Other product segments

Variable Annuities
460,000,000,000%+17.5%
UL and Other
21,600,000,000%+5.9%

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$363M-4.2%
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CRBGGroup Retirement — Separate Account, Liability, Surrender and Withdrawal
$1.2B+13.5%
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CRBGSeparate Account, Liability, Surrender and Withdrawal
$2.71B+18.5%
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EQHEG — Separate Account, Liability, Surrender and Withdrawal
74,900,000,000%+15,300,000,000pp
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EQHEI — Separate Account, Liability, Surrender and Withdrawal
14,200,000,000%+3,500,000,000pp

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

See full
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:SeparateAccountLiabilityWithdrawal.

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 itemAs of or For the Three Months Ended March 31, 2026 / Variable AnnuitiesAs of or For the Three Months Ended March 31, 2026 / UL and OtherAs of or For the Three Months Ended March 31, 2026 / Retirement Plan ServicesAs of or For the Three Months Ended March 31, 2025 / Variable AnnuitiesAs of or For the Three Months Ended March 31, 2025 / UL and OtherAs of or For the Three Months Ended March 31, 2025 / Retirement Plan Services
Balance as of beginning-of-year$122,945$34,038$23,047$117,998$28,841$21,541
Gross deposits1,3544165601,557353627
Withdrawals(4,600)(216)(1,002)(3,915)(204)(902)
Policyholder assessments(667)(252)(49)(656)(246)(46)
Change in market performance(3,140)(681)(518)(1,798)(624)(478)
Net transfers from (to) general account824(68)(7)449(14)(34)
Balance as of end-of-period$116,716$33,237$22,031$113,635$28,106$20,708
Cash surrender value$115,301$30,835$22,018$112,239$23,577$20,695

Item 1. Financial Statements

FAQ

What is Lincoln National's retirement plan services — separate account, liability, withdrawal?
Lincoln National (LNC) reported retirement plan services — separate account, liability, withdrawal of 100,200,000,000% in Q1 2026.
How has Lincoln National's retirement plan services — separate account, liability, withdrawal changed year-over-year?
Lincoln National's retirement plan services — separate account, liability, withdrawal increased by 11.1% year-over-year, from 90,200,000,000% to 100,200,000,000%.
What is the long-term trend for Lincoln National's retirement plan services — separate account, liability, withdrawal?
Over 3 years (2022 to 2025), Lincoln National's retirement plan services — separate account, liability, withdrawal has grown at a 16.4% compound annual growth rate (CAGR), from 237,800,000,000% to 374,600,000,000%.
What does retirement plan services — separate account, liability, withdrawal mean?
Tracks the total value of assets withdrawn by policyholders from separate account products during the period. High levels of withdrawals relative to deposits can indicate competitive pressure, changing customer needs, or potential churn within the retirement plan segment.

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