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Lincoln National Corp. - LNC STOCK NEWS

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.

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Lincoln Financial Group (NYSE: LNC) has appointed Rodney Kuntz as the new vice president of Group Benefits Small Business Sales and Channel Development. Kuntz brings over 20 years of experience, including a role at MetLife. He will lead strategies to improve distribution of group insurance products to small businesses, reporting to Carl Jones, senior vice president of Group Benefits Sales. This move aims to strengthen Lincoln's commitment to meet the needs of small business owners, who prioritize employee benefits as crucial for company culture and talent retention.

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Lincoln Financial Group is collaborating with the Philadelphia Eagles to host a community event for employees on January 3, 2023, from noon to 1 p.m. ET at the Radnor Training Center. The event will feature Big Brothers Big Sisters and aims to inform employees about the organization's mission and community impact. This partnership emphasizes Lincoln Financial's long-standing commitment to community engagement beyond its sponsorship role with the Eagles.

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J.P. Morgan Asset Management and Lincoln Financial Group have strengthened their partnership by proposing the merger of four JPMorgan Insurance Trust Portfolios into four corresponding LVIP Acquiring Funds. This strategic move aims to enhance Lincoln's insurance, retirement, and variable annuity offerings. Pending shareholder approval, J.P. Morgan will serve as the subadvisor for the newly formed funds. With J.P. Morgan overseeing $75 billion in assets and Lincoln managing a $90 billion platform, the collaboration is set to deliver best-in-class investment solutions.

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Lincoln Financial Group encourages Americans to establish financial resolutions for 2023, addressing concerns over credit card debt and inflation. A recent survey reveals 88% of Americans acknowledge room for financial improvement, with 71% likely to set financial goals. Key priorities include protecting family (39%) and income (26%). Lincoln Financial suggests three tips: discuss financial goals with loved ones, explore tax-deferred investments, and fully utilize workplace benefits. These strategies aim to enhance financial security amid economic volatility.

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Lincoln Financial Network has welcomed three financial advisors—Corey Bierl, Jason Cole, and Matt Schoenfeld—who bring $200 million in client assets from their firm, Fountain City Financial. This partnership enhances LFN's advisory services, focusing on the financial needs of healthcare workers and educators. The team, based in Overland Park, Kansas, aims to utilize Lincoln's resources while maintaining their independence. With this move, LFN strengthens its position in the wealth management sector, aligning with its community-focused mission.

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Lincoln Financial Group (NYSE:LNC) will disclose its fourth quarter 2022 earnings on February 8, 2023, after market closure. A subsequent conference call is set for February 9, 2023, at 10:00 a.m. ET. Earnings materials will be accessible through their Investor Relations page post-results. The conference call will be available via webcast, with a replay following by 1:00 p.m. ET on the same day.

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FAQ

What is the current stock price of Lincoln National (LNC)?

The current stock price of Lincoln National (LNC) is $35.34 as of November 22, 2024.

What is the market cap of Lincoln National (LNC)?

The market cap of Lincoln National (LNC) is approximately 6.0B.

What does Lincoln National Corp. specialize in?

Lincoln National Corp. specializes in insurance and retirement solutions, including annuities, life insurance, and group protection.

What types of annuities does Lincoln National Corp. offer?

The company offers fixed and indexed annuities, as well as variable annuities.

Where does Lincoln National Corp. provide service support?

Lincoln National Corp. offers service support in Slovenia, Croatia, Italy, and globally through its partner network.

What recent projects has Lincoln National Corp. undertaken?

Recent projects include enhancing digital platforms and launching new insurance products with greater flexibility and coverage options.

Who are Lincoln National Corp.'s target clients?

The company targets individuals, employers, and professionals looking for comprehensive insurance and retirement solutions.

How does Lincoln National Corp. ensure customer satisfaction?

The company focuses on innovation, customer service enhancements, and strong partnerships to deliver high-quality products and services.

What is the financial condition of Lincoln National Corp.?

Lincoln National Corp. maintains a strong financial standing with consistent revenue and investments in technology and customer service.

What types of life insurance products does Lincoln National Corp. offer?

The company offers universal life, variable universal life, indexed universal life, and term life insurance.

What group protection products are available from Lincoln National Corp.?

Group protection products include group life, disability, and dental insurance.

Who does Lincoln National Corp. partner with for marine services?

Lincoln National Corp. partners with Zodiac Milpro, providing solutions for professionals working on the water.

Lincoln National Corp.

NYSE:LNC

LNC Rankings

LNC Stock Data

6.05B
169.67M
0.31%
74.87%
2.13%
Insurance - Life
Life Insurance
Link
United States of America
RADNOR