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Lincoln National Corporation  (LNC)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
 
Price: $27.1700 $0.08 0.295%
Day's High: $27.2 Week Perf: 1.49 %
Day's Low: $ 26.88 30 Day Perf: -2.83 %
Volume (M): 38 52 Wk High: $ 29.22
Volume (M$): $ 1,036 52 Wk Avg: $24.63
Open: $26.50 52 Wk Low: $18.50



 Market Capitalization (Millions $) 4,153
 Shares Outstanding (Millions) 153
 Employees 10,848
 Revenues (TTM) (Millions $) 11,645
 Net Income (TTM) (Millions $) -752
 Cash Flow (TTM) (Millions $) 22
 Capital Exp. (TTM) (Millions $) 0

Lincoln National Corporation

LNC's operations are divided into four business segments: 1) Lincoln Retirement, 2) Life Insurance, 3)'Investment Management and 4) Lincoln UK. Over the past five years, segments have been redefined as follows. During the first quarter of 2000, an internal reorganization resulted in the creation of a separate Lincoln Retirement segment and a separate Life Insurance segment. At the end of 2000, LNC established a new wholesaling distribution organization, Lincoln Financial Distributors ('LFD'), to focus on the changing business needs of financial intermediaries.

The primary operating subsidiaries that comprise LNC are The Lincoln National Life Insurance Company ('LNL'); First Penn-Pacific Life Insurance Company ('First Penn'); Lincoln Life & Annuity Company of New York ('Lincoln Life New York'), Delaware Management Holdings, Inc. ('Delaware'), Lincoln National (UK) plc ('Lincoln UK'), LFA and LFD.

Through its business segments, LNC sells a wide range of wealth protection and accumulation products. These products include fixed annuities, variable annuities, universal life insurance, variable universal life insurance, term life insurance, other individual insurance coverages, retail mutual funds, '529' college savings plans, 401(k) savings products and managed account products.

LNC sells its products through an extensive distribution network that is designed to meet the needs of a marketplace where consumers increasingly want to do business on their own terms. LNC's network consists of internally owned wholesaling and retailing business units, LFD and LFA, respectively.

LFD, with principal operations in Philadelphia, Pennsylvania, consists of approximately 300 internal and external wholesalers that distribute life insurance, annuities and investment products to a large number of financial intermediaries. LFD is organized to penetrate multiple channels including the Wirehouse/Regional channel, the Independent Financial Planner channel, the Marketing General Agent channel and the Financial Institutions channel.

LFA is a retail broker/dealer and financial planning firm that offers a full range of financial and estate planning services. LFA and its consolidated affiliate, Sagemark, offer access to annuities, 401(k) plans, pensions, universal and variable universal life insurance and other wealth accumulation and protection products and services, and is a preferred distributor of LNC retail products. LFA and Sagemark, with principal operations in Fort Wayne, Indiana, consist of nearly 2,100 planners in 38 offices across the United States.

Institutional investment products managed in the Investment Management segment are marketed by a separate sales force in conjunction with pension consultants. These products are offered primarily to defined benefit and defined contribution plan sponsors, endowments and foundations.

Competition

All businesses LNC is involved in are highly competitive due to the market structure and the large number of competitors. At the end of 2002, the latest year for which data is available, there were approximately 1,171 life insurance companies in the United States. Also, many of the products offered by LNC's operating companies are similar to products offered by non-insurance financial services companies, such as banks. The Financial Services Modernization Act was passed in November 1999 and repealed the Glass-Steagall Act of 1933 and expands the Bank Holding Company Act of 1956. This act allows, among other things, cross-ownership by banks, securities firms and insurance companies. In 2003 there were some cross-ownership activities in the financial services industry; however, there was minimal impact on LNC's operations.



   Company Address: 150 N. Radnor-Chester Road Radnor 19087 PA
   Company Phone Number: 583-1400   Stock Exchange / Ticker: NYSE LNC
    Next quarterly dividend pay out on May 01, 2024.


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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FTFC   -6.84%    
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• View Complete Report
   



Product Service News

Lincoln Financial Group Boosts Retirement Planning and Receives Recognition as One of America's Most Responsible Companies

Published Wed, Mar 13 2024 12:50 PM UTC

Lincoln Financial Group, a leading financial services firm, is making waves in the industry with its innovative products and commitment to responsible corporate practices. In this article, we will explore two recent developments by the company ?? the introduction of the 1 Year S&P 500 Dual Trigger account option for its fixed indexed annuities and its recognition as one of A...

Product Service News

Women's Financial Challenges and the Need for Action: Lincoln Financial's Research Provides Solutions

Published Mon, Mar 4 2024 2:30 PM UTC

International Women's Day is a significant reminder to celebrate women's achievements, acknowledge their struggles, and work towards achieving a gender-equal world. As we approach this day, Lincoln Financial Group's recent study sheds light on the unique financial challenges faced by women and offers valuable tips to help them secure their financial futures.The study reveals...

Lincoln National Corporation

Lincoln National Corporation Plummets: Fourth Quarter Earnings Bring Significant Losses

Lincoln National Corporation Reports Fourth Quarter 2023 Earnings, Faces Deficit
RADNOR, Pa. - Lincoln National Corporation (NYSE: LNC), a leading provider of insurance and retirement products, has announced its financial results for the fourth quarter and full year ended December 31, 2023. The company reported a net loss available to common stockholders of $(1.2) billion, or $(7.35) per diluted share, marking a significant decrease compared to the prior year's earnings.
During the fourth quarter of 2023, the company slipped into a deficit of $-11.45 per share, compared to a profit of $0.09 per share in the same period the previous year. Moreover, the company's income per share fell from $4.79 to a loss of $-11.45 in the corresponding financial reporting period. These figures indicate a substantial decline in the company's financial performance.

Dividend

Lincoln National Corporation Announces Cash Dividend and Demonstrates Commitment to Shareholders

Published Thu, Feb 22 2024 9:30 PM UTC



Following the recent press release from Lincoln National Corporation, it has been confirmed that the company's Board of Directors has declared a quarterly cash dividend of $0.45 per share on the corporation's common stock. This dividend is payable on May 1, 2024, to shareholders of record as of April 10, 2024.
Lincoln Financial Group, known for its expertise in...

Product Service News

New Study Reveals Only 30% of Retirees Adequately Plan for How to Spend Non-Working Years, According to Lincoln Financial Group.

Published Tue, Jan 16 2024 3:32 PM UTC

Only Thirty Percent of Retirees Did Enough Planning For How To Spend Time In Retirement, According to New Study from Lincoln Financial GroupIn a recent press release, Lincoln Financial Group highlights the lack of emphasis placed on planning how to spend time during retirement. While there has been an increase in the number of Americans planning for their post-working years,...






 

Lincoln National's Segments
 
Lincoln Retirement
 Segment     of total Revenue
Life Insurance
 Segment     of total Revenue
Other
 Segment     of total Revenue
Individual Annuities
 Segment     of total Revenue
Lincoln Financial Media
 Segment     of total Revenue
 
• View Complete Report




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