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Lincoln National LNC Deferred Front End Loads Amortization Expense Other Amortization Net Of Interest

Discontinued — last reported Q1 '26

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Segments

By segment

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UL and Other$95M-3.1%

By product

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Variable Annuities$6M0.0%

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 lnc:DeferredFrontEndLoadsAmortizationExpenseOtherAmortizationNetOfInterest.

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

DFEL amortization of $101 million and $104 million was recorded in fee income on the Consolidated Statements of Comprehensive Income (Loss) for the three months ended March 31, 2026 and 2025, respectively.

Item 1. Financial Statements

FAQ

What is Lincoln National's deferred front end loads amortization expense other amortization net of interest?
Lincoln National (LNC) reported deferred front end loads amortization expense other amortization net of interest of $101M in Q1 2026.
How has Lincoln National's deferred front end loads amortization expense other amortization net of interest changed year-over-year?
Lincoln National's deferred front end loads amortization expense other amortization net of interest decreased by 2.9% year-over-year, from $104M to $101M.
What is the long-term trend for Lincoln National's deferred front end loads amortization expense other amortization net of interest?
Over 4 years (2021 to 2025), Lincoln National's deferred front end loads amortization expense other amortization net of interest has grown at a 15.1% compound annual growth rate (CAGR), from $220M to $386M.
What does deferred front end loads amortization expense other amortization net of interest mean?
The amortization of deferred front-end loads, representing the recognition of fees collected at the inception of a contract that are deferred and recognized as revenue over the life of the policy. This aligns revenue recognition with the service period provided to the policyholder.

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