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Lincoln National LNC Traditional Life — Interest accretion

Other segment segments

UL and Other
$248M+8.8%
Group Protection
$55M+10.0%
Payout Annuities
$22M0.0%

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CNOOther annuities — Interest accretion
$3.1M-6.1%
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CNOSupplemental health — Interest accretion
$43M+1.7%
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FNFTraditional Life — Interest Expense
$9M0.0%

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:LiabilityForFuturePolicyBenefitInterestExpense.

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 itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Payout Annuities
Gross premiums$17$23
Interest accretion2222
Traditional Life
Gross premiums303314
Interest accretion3637

Item 1. Financial Statements

FAQ

What is Lincoln National's traditional life — interest accretion?
Lincoln National (LNC) reported traditional life — interest accretion of $36M in Q1 2026.
How has Lincoln National's traditional life — interest accretion changed year-over-year?
Lincoln National's traditional life — interest accretion decreased by 2.7% year-over-year, from $37M to $36M.
What is the long-term trend for Lincoln National's traditional life — interest accretion?
Over 4 years (2021 to 2025), Lincoln National's traditional life — interest accretion has grown at a 2.3% compound annual growth rate (CAGR), from $134M to $147M.
What does traditional life — interest accretion mean?
The periodic increase in the carrying value of insurance liabilities due to the passage of time, reflecting the unwinding of the discount rate applied to future obligations. This metric highlights the non-cash expense associated with the time value of money in long-duration insurance contracts.

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