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) will host a conference call on September 21, 2022, at 2:30 p.m. Eastern Time to discuss the initial impact of the new accounting standard, Targeted Improvements for Long-Duration Contracts (LDTI). A presentation will be available on their Investor Relations webpage before the market opens. The live webcast will be accessible on their website, and a replay will be available by 5:00 p.m. Eastern Time on the same day.
Lincoln Financial Group (NYSE: LNC) has introduced the LVIP Channing Small Cap Value Fund as a standalone investment option within its Lincoln ChoicePlus and Investor Advantage annuity suites. This fund, managed by Channing Capital Management, focuses on small-cap stocks that typically fall within the Russell 2000 Value Index. The fund is designed to enhance investment diversity and aims for strong risk-adjusted returns. Lincoln's efforts align with its commitment to diversity, equity, and inclusion in investment strategies.
Lincoln Financial Group (NYSE:LNC) announced that its president and CEO, Ellen G. Cooper, will present at the Barclays Global Financial Services Conference on September 14, 2022, at approximately 11:15 a.m. Eastern Time. Ms. Cooper will engage in a question-and-answer session discussing various industry and company-specific topics. Investors can access the live presentation at www.lfg.com/webcast, with a replay available for 30 days following the event.
Lincoln Financial Group (NYSE:LNC) announced that Randy J. Freitag, CFO, will present at the KBW Insurance Conference on September 8, 2022, at 11:20 a.m. ET. The presentation will include a Q&A session focusing on various industry and company topics. Interested viewers can access the live webcast on the company’s website, with a replay available for 30 days post-event. As of June 30, 2022, Lincoln Financial reported $279 billion in account values, serving 16 million customers with its financial planning solutions.
Lincoln Financial Group (NYSE:LNC) has introduced Stadion’s StoryLine Dynamic, a new Qualified Default Investment Alternative (QDIA) to support retirement planning. Tailored for participants approaching retirement, this program integrates a target date fund for younger individuals with a managed account service for those aged 50 and older. This initiative addresses a common concern, as over one-third of participants report confusion about investment choices as they age, aiming to improve retirement outcomes and engagement.
Lincoln Financial Group (NYSE:LNC) has declared a quarterly cash dividend of $0.45 per share, payable on November 1, 2022 to shareholders who are on record by October 10, 2022. This dividend reflects the company’s commitment to returning value to its shareholders. With $279 billion in end-of-period account values as of June 30, 2022, Lincoln remains a prominent player in the retirement, insurance, and wealth management sectors, serving approximately 16 million customers.
Lincoln Financial Group (NYSE: LNC) reported second quarter 2022 net income of $238 million, or $1.34 per diluted share, down from $642 million, or $3.34 per share in Q2 2021. The adjusted operating EPS was $2.23, impacted by $(0.42) from pandemic claims. Book value per share (BVPS) decreased 53% to $53.97 due to higher interest rates, while BVPS, excluding AOCI, rose 5% to $79.49. Capital returned to shareholders totaled $177 million, including $100 million in share buybacks. Positive developments include robust sales and improved Group Protection results.
Lincoln Financial Group's 2021 Retirement Power® study reveals significant shifts in financial attitudes among Black Americans due to the pandemic. 55% of Black employees have re-evaluated their financial priorities, compared to 44% of the total population. Notably, 45% have set a budget for expenses, and 40% are focusing on retirement savings. While awareness of financial goal-setting is rising, debt remains a pressing concern, with 85% viewing it as a problem. Lincoln is committed to supporting financial security and has launched initiatives aimed at fostering diversity and inclusion in wealth management.
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