LINCOLN NATIONAL CORP (LNC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Credit loss benefit (expense) | - | - | 14 [1] | - |
| Other realized gain (loss) | - | - | -18 [1] | - |
| Realized gain (loss) on the market-to-market on certain instruments | - | - | -623 [1] | - |
| Gross gains | - | - | 3 [1] | - |
| Gross losses | - | - | 38 [1] | - |
| Indexed product derivative results | - | - | 120 [1] | - |
| Realized gain (loss) on equity securities | - | - | 6 [1] | - |
| Additions (reductions) from provision for credit loss expense | - | - | 47 [1] | - |
| Derivative results | - | - | 209 [1] | - |
| Gain on disposition of business | - | - | -2 [1] | - |
| Credit loss benefit (expense) on reinsurance-related assets | - | - | 27 [1] | - |
| Total revenues | 4,044 | 4,691 | 4,111 | 5,153 |
| Interest and debt expense | - | 80 | 86 | 86 |
| Benefits | 1,994 | 2,068 | 1,937 | 2,008 |
| Commissions and other expenses | 1,327 | 1,368 | 1,304 | 1,351 |
| Market risk benefit (gain) loss | 940 | -1,293 | -657 | 136 |
| Policyholder liability remeasurement (gain) loss | 88 | 59 | 50 | 105 |
| Interest credited | 916 | 890 | 880 | 853 |
| Interest and debt expense | -13 | - | - | - |
| Total expenses | 3,196 | 5,640 | 4,814 | 4,057 |
| Income (loss) before taxes | 848 | -949 | -703 | 1,096 |
| Federal income tax expense (benefit) | 149 | -227 | -175 | 201 |
| Net income (loss) | 699 | -722 | -528 | 895 |
| Preferred stock dividends declared | 11 | 34 | 34 | 11 |
| Net income (loss) available to common stockholders | 688 | -756 | -562 | 884 |
| Deferred units of lnc stock in our deferred compensation plans | - | - | - | - |
| Net income (loss) available to common stockholders | - | - | -562 | 884 |
| Basic (in dollars per share) | 3.88 | -4.41 | -3.29 | 5.18 |
| Diluted (in dollars per share) | 3.8 | -4.41 | -3.29 | 5.11 |
| Weighted-average shares, as used in basic calculation (in shares) | 177,175,326 | 171,321,440 | 170,773,438 | 170,620,161 |
| Weighted-average shares, as used in diluted calculation (in shares) | 180,602,665 | 174,087,020 | 172,848,870 | 172,892,566 |