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Lincoln National LNC Deferred Sales Inducements Additions

Discontinued — last reported Q4 '22

Deferred Sales Inducements Additions at other companies

Lincoln National logo
Lincoln NationalLNC
$0
Lincoln National logo
Lincoln NationalLNC
$1M-75.0%
Lincoln National logo
Lincoln NationalLNC
$0
F&G Annuities & Life logo
F&G Annuities & LifeFG
$1.01B+34.7%
KKR & Co. logo
KKR & Co.KKR
$151.35M
Jackson Financial logo
Jackson FinancialJXN
$275.75M-0.5%

Segments

By segment

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UL and Other$0

By product

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Variable Annuities$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:DeferredSalesInducementsAdditions.

The source filing: Lincoln National’s 10-K/A, filed March 30, 2023.

Filed
Mar 30, 2023
Fiscal year
FY2022
Accession
0000059558-23-000019
Line itemFor the Years Ended December 31, 2022For the Years Ended December 31, 2021For the Years Ended December 31, 2020
Balance as of beginning-of-year$203$213$234
Deferrals657
Amortization, net of interest:
Amortization, excluding unlocking, net of interest(15)(26)(20)
Unlocking2-(1)
Adjustment related to realized (gains) losses(2)3(1)
Adjustment related to unrealized (gains) losses218(6)
Balance as of end-of-year$215$203$213

Item 8. Financial Statements and Supplementary Data

FAQ

What is Lincoln National's deferred sales inducements additions?
Lincoln National (LNC) reported deferred sales inducements additions of $1.5M in Q4 2022.
How has Lincoln National's deferred sales inducements additions changed year-over-year?
Lincoln National's deferred sales inducements additions increased by 20.0% year-over-year, from $1.25M to $1.5M.

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