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Lincoln National LNC UL and Other — Policyholder Account Balance Premium Received

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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$8.98B+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:PolicyholderAccountBalancePremiumReceived.

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 itemVariable AnnuitiesFixed AnnuitiesUL and OtherRetirement Plan Services
Balance as of beginning-of-year$40,060$28,728$35,986$23,843
Gross deposits1,869718837880
Withdrawals(920)(616)(403)(1,279)
Policyholder assessments(1)(15)(1,095)(5)
Net transfers from (to) separate account(651)6886
Interest credited230256357169
Change in fair value of embedded derivative
instruments and other(1,444)(97)(27)

Item 1. Financial Statements

FAQ

What is Lincoln National's UL and other — policyholder account balance premium received?
Lincoln National (LNC) reported UL and other — policyholder account balance premium received of $837M in Q1 2026.
How has Lincoln National's UL and other — policyholder account balance premium received changed year-over-year?
Lincoln National's UL and other — policyholder account balance premium received decreased by 3.2% year-over-year, from $865M to $837M.
What is the long-term trend for Lincoln National's UL and other — policyholder account balance premium received?
Over 3 years (2022 to 2025), Lincoln National's UL and other — policyholder account balance premium received has grown at a -3.2% compound annual growth rate (CAGR), from $3.92B to $3.56B.
What does UL and other — policyholder account balance premium received mean?
This measures the total premiums collected from policyholders that are credited to their individual account balances within the insurance segment. It serves as a primary indicator of top-line revenue generation and customer retention for universal life and related insurance products. Consistent growth in premiums received is a key driver of long-term assets under management and future profitability.

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