Welcome to our dedicated page for Lincoln National news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln National stock.
Lincoln National Corp. (LNC) is a multifaceted financial services organization focusing on insurance and retirement solutions. Established in 1990, the company has a rich heritage and extensive industry experience, which enables it to offer comprehensive services tailored to meet diverse client needs.
Core Business Segments:
- Annuities: LNC provides a range of annuity products, including fixed and indexed annuities, as well as variable annuities.
- Retirement Plan Services: The company offers employer-sponsored retirement plans, along with associated services designed to help clients achieve their retirement goals.
- Life Insurance: Lincoln National Corp. offers various life insurance products, including universal life (UL), variable universal life (VUL), indexed universal life (IUL), and term life insurance.
- Group Protection: Group life, disability, and dental insurance products are available for employers looking to provide comprehensive benefits to their employees.
Recent Achievements and Projects:
Lincoln National Corp. is committed to innovation and customer satisfaction. Recent projects include the enhancement of digital platforms to improve customer interaction and the introduction of new insurance products that offer more flexibility and coverage options. The company has also expanded its global partnerships, ensuring a robust distribution network and service support in various locations, including Slovenia, Croatia, and Italy.
Financial Condition:
The company maintains a strong financial standing, supported by consistent revenue generation and a well-diversified product portfolio. The latest financial reports indicate stable growth, with significant investments in technology and customer service enhancements.
Partnerships and Collaborations:
Lincoln National Corp. has built long-standing relationships with key industry players. Through a network of trusted partners, the company ensures the delivery of high-quality services and products. Notably, the firm proudly represents Zodiac Milpro, catering to professionals working on the water.
Overall, Lincoln National Corp. stands as a reliable and innovative leader in the insurance and retirement sectors, continually adapting to meet the evolving needs of its clients.
Lincoln Financial Group (NYSE: LNC) expressed gratitude to the Philadelphia Eagles for their commendable season, acknowledging the team's dedication and memorable moments despite not winning the Super Bowl. The company has been the stadium sponsor of Lincoln Financial Field since 2003 and is involved in various community initiatives, including the Eagles Autism Challenge. The partnership reflects Lincoln's commitment to community engagement. As of December 31, 2022, Lincoln Financial reported $282 billion in account values, demonstrating its strong financial standing and focus on providing financial solutions that empower customers in their financial journeys.
Lincoln Financial Group (NYSE:LNC) has announced the declaration of preferred stock dividends. A semi-annual dividend of
Lincoln Financial Group (NYSE: LNC) reported a net income of $6 million or $0.01 per diluted share for Q4 2022, a significant drop from $220 million or $1.20 per share in Q4 2021. The full-year net loss was $(2.2) billion, or $(13.10) per share, compared to a net income of $1.4 billion, or $7.43 per share, in 2021. Adjusted operating EPS fell to $0.97 from $1.56 year-over-year. Book value per share decreased 84% to $18.41, driven by higher treasury rates affecting unrealized gains. While annuity sales rose 1% year-over-year, total revenues decreased to $18.8 billion from $19.2 billion in 2021.
Lincoln Financial Group (NYSE: LNC) has appointed Christopher Neczypor as Executive Vice President and Chief Financial Officer effective February 17, 2023. He succeeds Randal Freitag, who will assist in the transition until the end of Q1 2023. Neczypor, who has over 20 years of industry experience, joined Lincoln in 2018 as Head of Investment Risk and Strategy. He has significantly contributed to the company’s strategic objectives and team building. Tom Faenza will expand his role to Senior Vice President, Chief Strategy Officer, overseeing long-term strategic planning. Both appointments signal a strengthening of leadership for Lincoln Financial.
Lincoln Financial Group (NYSE: LNC) has appointed Vince Garzarella as senior vice president of Retirement Plan Services Operations. In this new role, Garzarella will oversee strategy development, customer service, and plan administration. He aims to enhance administrative capabilities to better serve plan sponsors and participants. Reporting to Ralph Ferraro, president of Retirement Plan Services, Garzarella joins the Corporate Leadership Group. He previously held leadership roles at Lincoln and spent 19 years at Vanguard. Lincoln Financial Group, based in Radnor, Pennsylvania, manages approximately $270 billion in account values as of September 30, 2022.
Lincoln Financial Group (NYSE: LNC) celebrated its long-standing sponsorship of Lincoln Financial Field after the Philadelphia Eagles clinched the NFC Championship. The company's involvement extends beyond sports, focusing on financial wellness for players. This partnership has been in place since the 2003 season, symbolizing Lincoln Financial's commitment to community and financial education.
Lincoln Financial Group highlights the financial struggles faced by consumers in 2022, with one in three Americans reporting financial difficulties. A study shows that 76% of respondents expect worsening conditions due to inflation and debt. However, those who set financial goals were significantly more likely to see improvements in their financial wellness. Lincoln suggests three actionable goals: 1. Develop a budget, focusing on both fixed and flexible expenses; 2. Save from each paycheck, even small amounts can accumulate; 3. Consult a financial professional for tailored financial planning. Increased financial guidance could lead to better outcomes for consumers.
Lincoln Financial Network, part of Lincoln Financial Group (NYSE: LNC), has announced the addition of David Layo, a seasoned financial planner, to their team. Layo brings 25 years of experience, having managed approximately
Lincoln Financial Group (NYSE: LNC) congratulates the Philadelphia Eagles on winning the NFC Championship against the San Francisco 49ers. The company has sponsored Lincoln Financial Field since 2003, marking nearly 20 years of partnership. Senior VP Elena French praised the Eagles' remarkable season, highlighting how their victories have positively represented Lincoln Financial. The firm emphasizes its commitment to financial planning and community initiatives, including partnerships with the Eagles for the Eagles Autism Challenge and mentoring programs. With over 16 million customers, Lincoln Financial has over $270 billion in account values as of September 30, 2022.
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