Last 7 days
-4.2%
Last 30 days
-2.3%
Last 90 days
0.4%
Trailing 12 Months
-41.7%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-10 | Reid James Waltman | sold (taxes) | -71,405 | 26.31 | -2,714 | evp workplace solutions |
2023-08-10 | Grove Matthew | sold (taxes) | -231,186 | 26.31 | -8,787 | evp retail solutions |
2023-08-09 | Neczypor Christopher M | acquired | - | - | 4,930 | evp & cfo |
2023-05-24 | Rallis Andrew | acquired | - | - | 94,795 | evp, chief risk officer |
2023-05-24 | Woodroffe Sean | acquired | - | - | 246,239 | evp, ch ppl culture comms offf |
2023-05-24 | Kennedy John Christopher | acquired | - | - | 47,327 | evp, president lfd |
2023-05-11 | KELLY GARY C | bought | 200,025 | 25.52 | 7,837 | - |
2023-02-23 | Solon Kenneth S. | sold | -98,937 | 32.08 | -3,084 | evp & chief information ofc. |
2023-02-19 | Krow Jennifer Warne | sold (taxes) | -18,736 | 33.82 | -554 | evp, chief people officer |
2023-02-19 | Bronchetti Jayson R | sold (taxes) | -20,393 | 33.82 | -603 | evp, chief investment officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | 24.00 | 168 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -57.26 | -24,991,000 | 24,009,000 | 0.01% |
2023-09-19 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | added | 8.67 | 191,114 | 968,576 | 0.41% |
2023-09-12 | Farther Finance Advisors, LLC | added | 16.93 | 6,236 | 24,549 | -% |
2023-08-30 | CHAPIN DAVIS, INC. | unchanged | - | 36,453 | 285,421 | 0.14% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 13,180 | 56,540 | 0.01% |
2023-08-25 | EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC | reduced | -0.16 | 51,000 | 404,000 | 0.06% |
2023-08-24 | Harvest Investment Advisors, LLC | sold off | -100 | -663,517 | - | -% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -62.96 | -536,166 | 408,834 | -% |
2023-08-22 | Old North State Trust, LLC | sold off | -100 | -88,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 11.86% | 20,068,955 | SC 13G/A | |
Feb 06, 2023 | state street corp | 5.61% | 9,487,042 | SC 13G | |
Feb 03, 2023 | blackrock inc. | 8.2% | 13,817,891 | SC 13G/A | |
Jan 11, 2023 | hagan dan | 0.0% | 0 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 11.32% | 20,457,515 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 7.8% | 14,030,749 | SC 13G/A | |
Jan 26, 2022 | hagan dan | 8.3% | 1.5e+07 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 10.36% | 20,020,255 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 7.8% | 15,061,919 | SC 13G/A | |
Jun 15, 2020 | hagan dan | 5.2% | 1e+07 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 14, 2023 | 3 | Insider Trading | |
Sep 11, 2023 | 8-K | Current Report | |
Aug 11, 2023 | 4 | Insider Trading | |
Aug 11, 2023 | 4 | Insider Trading | |
Aug 11, 2023 | 4 | Insider Trading | |
Aug 07, 2023 | 13F-HR | Fund Holdings Report | |
Aug 03, 2023 | 10-Q | Quarterly Report | |
Aug 02, 2023 | 8-K | Current Report | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MET | 49.3B | 69.5B | 4.23% | 5.87% | 22.14 | 0.7 | 4.01% | -58.32% |
PRU | 38.7B | 63.9B | 3.54% | 10.69% | 125.56 | 0.61 | 4.97% | -6.22% |
TRV | 38.4B | 37.8B | 3.84% | 9.06% | 17.2 | 0.99 | 8.33% | -37.32% |
RE | 25.2B | 12.4B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
GL | 11.7B | 5.2B | -0.31% | 11.18% | 17.54 | 2.22 | 1.78% | -46.10% |
ATH | - | 12.0B | - | - | - | - | 34.59% | 179.04% |
MID-CAP | ||||||||
PRI | 7.2B | 2.7B | -0.30% | 61.74% | 15.81 | 2.62 | -1.39% | 16.12% |
LNC | 4.2B | 17.9B | -2.32% | -41.67% | -3.17 | 0.28 | -26.53% | -139.84% |
AEL | 4.2B | 1.9B | 0.39% | 50.54% | 3.52 | 1.58 | 38.34% | -32.53% |
BHF | 3.3B | 5.4B | 2.88% | 10.52% | 2.05 | 1.73 | -77.15% | -71.29% |
GNW | 2.8B | 7.5B | 5.23% | 68.72% | 5.24 | 0.38 | -1.40% | -38.58% |
SMALL-CAP | ||||||||
VERY | 91.9M | 169.0M | 10.36% | -17.43% | -7.44 | 0.54 | -0.92% | 29.17% |
AAME | 39.6M | - | -3.00% | -34.24% | 59.97 | 0.21 | -4.23% | -77.34% |
-2.7%
-5.5%
-15.4%
-3.3%
85.4%
61.9%
41.9%
Y-axis is the maximum loss one would have experienced if Lincoln National was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -14.8% | 15,256,000,000 | 17,904,000,000 | 18,810,000,000 | 20,198,000,000 | 20,764,000,000 | 20,049,000,000 | 19,862,000,000 | 18,768,000,000 | 18,891,000,000 | 17,546,000,000 | 17,438,000,000 | 17,647,000,000 | 16,924,000,000 | 17,717,000,000 | 17,257,000,000 | 17,444,000,000 | 17,070,000,000 | 16,780,000,000 | 16,424,000,000 | 15,562,000,000 | 14,809,000,000 |
S&GA Expenses | - | - | - | 2,240,000,000 | - | - | - | 2,252,000,000 | - | - | - | 2,072,000,000 | - | - | - | 2,210,000,000 | - | - | - | 1,953,000,000 | - | - |
EBITDA | 100.0% | - | -3,777,000,000 | -789,000,000 | -2,269,000,000 | 1,238,000,000 | 1,738,000,000 | 1,908,000,000 | 1,760,000,000 | 1,845,000,000 | 931,000,000 | 707,000,000 | 1,104,000,000 | 441,000,000 | 1,009,000,000 | 1,245,000,000 | - | - | - | - | - | - |
EBITDA Margin | 100.0% | - | -0.21 | -0.04 | -0.12 | 0.17 | 0.09 | 0.10 | 0.09 | 0.10 | 0.05 | 0.04 | 0.06 | 0.03 | 0.06 | 0.07 | - | - | - | - | - | - |
Interest Expenses | 5.3% | 316,000,000 | 300,000,000 | 283,000,000 | 272,000,000 | 274,000,000 | 271,000,000 | 270,000,000 | 269,000,000 | 262,000,000 | 281,000,000 | 284,000,000 | 290,000,000 | 337,000,000 | 323,000,000 | 326,000,000 | 323,000,000 | 279,000,000 | 277,000,000 | 297,000,000 | 291,000,000 | 285,000,000 |
Earnings Before Taxes | -13.0% | -3,732,000,000 | -3,302,000,000 | -297,000,000 | 573,000,000 | 4,087,000,000 | 3,831,000,000 | 2,250,000,000 | 1,485,000,000 | 1,579,000,000 | 642,000,000 | 423,000,000 | 814,000,000 | 104,000,000 | 686,000,000 | 919,000,000 | 906,000,000 | 1,688,000,000 | 1,718,000,000 | 1,885,000,000 | 1,030,000,000 | 1,008,000,000 |
EBT Margin | 100.0% | - | -0.23 | -0.06 | -0.13 | 0.13 | 0.08 | 0.09 | 0.08 | 0.08 | 0.04 | 0.02 | 0.05 | 0.01 | 0.04 | 0.05 | - | - | - | - | - | - |
Net Income | -32.8% | -1,333,000,000 | -1,004,000,000 | 1,359,000,000 | 1,255,000,000 | 3,346,000,000 | 3,151,000,000 | 1,888,000,000 | 1,323,000,000 | 1,405,000,000 | 666,000,000 | 499,000,000 | 787,000,000 | 228,000,000 | 685,000,000 | 885,000,000 | 853,000,000 | 1,504,000,000 | 1,526,000,000 | 1,641,000,000 | 2,058,000,000 | 1,986,000,000 |
Net Income Margin | 100.0% | - | -0.06 | 0.07 | -0.10 | 0.12 | 0.07 | 0.07 | 0.07 | 0.07 | 0.04 | 0.03 | 0.04 | 0.01 | 0.04 | 0.05 | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 2,359,000,000 | 3,609,000,000 | 3,437,000,000 | 3,090,000,000 | 1,546,000,000 | 151,000,000 | 301,000,000 | -668,000,000 | -563,000,000 | 534,000,000 | 512,000,000 | 847,000,000 | -900,000,000 | -2,686,000,000 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.6% | 348,612 | 343,142 | 334,217 | 324,174 | 335,346 | 365,538 | 394,750 | 376,896 | 379,878 | 366,573 | 365,948 | 347,804 | 339,659 | 318,649 | 334,761 | 325,278 | 322,259 | 314,299 | 298,147 | 303,850 | 298,832 |
Cash Equivalents | 0.1% | 3,768 | 3,766 | 3,343 | 1,472 | 1,567 | 1,960 | 2,612 | 2,614 | 2,389 | 1,350 | 1,708 | 2,595 | 4,201 | 6,202 | 2,563 | 2,939 | 3,314 | 1,593 | 2,345 | 1,460 | 1,775 |
Goodwill | 0% | 1,144 | 1,144 | 1,144 | 1,144 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,782 | 1,757 | 1,750 |
Liabilities | 1.9% | 342,793 | 336,410 | 329,115 | 321,506 | 325,692 | 350,354 | 374,835 | 355,731 | 358,136 | 346,986 | 343,249 | 326,255 | 318,928 | 302,074 | 315,072 | 305,279 | 303,804 | 297,882 | 283,797 | 288,780 | 283,655 |
Shareholder's Equity | -13.6% | 5,819 | 6,732 | 5,102 | 2,668 | 9,331 | 14,255 | 19,915 | 21,165 | 21,742 | 19,587 | 22,699 | 21,549 | 20,731 | 16,575 | 19,689 | 19,999 | 18,455 | 16,417 | 14,350 | 15,070 | 15,177 |
Retained Earnings | 8.5% | 5,362 | 4,940 | 5,924 | 6,762 | 9,445 | 9,346 | 5,196 | 9,360 | 9,242 | 8,769 | 8,686 | 8,647 | 8,327 | 8,500 | 8,854 | 8,559 | 8,878 | 8,679 | 8,551 | 8,615 | 8,302 |
Shares Outstanding | 0.1% | 170 | 170 | 169 | 169 | 170 | 172 | 177 | 186 | 189 | 191 | 192 | 193 | 193 | 193 | 197 | 198 | 201 | 203 | 206 | 215 | 217 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -57.9% | 992 | 2,359 | 3,609 | 3,048 | 2,361 | 882 | -217 | 318 | -650 | -544 | 534 | 512 | 847 | -900 | -2,686 | -1,948 | -1,251 | 472 | 1,943 | 1,213 | 1,218 |
Cashflow From Investing | 38.2% | -6,080 | -9,831 | -11,646 | -10,994 | -8,796 | -4,993 | -3,584 | -5,489 | -7,653 | -10,954 | -9,481 | -9,659 | -8,804 | -3,624 | -5,499 | -3,860 | -3,501 | -6,353 | -5,815 | -5,644 | -4,557 |
Cashflow From Financing | -21.4% | 7,289 | 9,278 | 8,768 | 6,804 | 5,613 | 4,721 | 4,705 | 5,190 | 6,491 | 6,646 | 8,092 | 8,803 | 8,844 | 9,133 | 8,403 | 7,287 | 6,291 | 5,217 | 4,589 | 3,926 | 3,136 |
Dividend Payments | -0.6% | 306 | 308 | 310 | 312 | 315 | 318 | 319 | 319 | 316 | 312 | 311 | 309 | 306 | 305 | 303 | 299 | 297 | 294 | 289 | 281 | 275 |
Buy Backs | - | - | - | 550 | 1,200 | 1,350 | 1,400 | 1,105 | 505 | 305 | 155 | 275 | 325 | 475 | 625 | 550 | 1,075 | 1,100 | 1,267 | 900 | 600 | 650 |
Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues | ||||
Insurance premiums | $ 1,612 | $ 1,498 | $ 3,191 | $ 2,975 |
Fee income | 1,365 | 1,409 | 2,744 | 2,867 |
Net investment income | 1,508 | 1,398 | 2,974 | 2,809 |
Realized gain (loss) | (1,784) | 1,101 | (2,612) | 1,282 |
Amortization of deferred gain on business sold through reinsurance | 9 | 11 | 19 | 22 |
Other revenues | 219 | 160 | 427 | 342 |
Total revenues | 2,929 | 5,577 | 6,743 | 10,297 |
Expenses | ||||
Benefits | 2,192 | 1,954 | 4,483 | 4,110 |
Interest credited | 808 | 710 | 1,593 | 1,407 |
Market risk benefit (gain) loss | (2,023) | 477 | (1,404) | (881) |
Policyholder liability remeasurement (gain) loss | (110) | 85 | (228) | 126 |
Commissions and other expenses | 1,335 | 1,207 | 2,637 | 2,460 |
Interest and debt expense | 84 | 68 | 166 | 134 |
Spark program expense | 41 | 44 | 64 | 75 |
Total expenses | 2,327 | 4,545 | 7,311 | 7,431 |
Income (loss) before taxes | 602 | 1,032 | (568) | 2,866 |
Federal income tax expense (benefit) | 91 | 192 | (198) | 545 |
Net income (loss) | 511 | 840 | (370) | 2,321 |
Other comprehensive income (loss), net of tax: | ||||
Unrealized investment gain (loss) | (513) | (6,655) | 1,261 | (14,153) |
Market risk benefit non-performance risk gain (loss) | (924) | 354 | 101 | 374 |
Policyholder liability discount rate remeasurement gain (loss) | 112 | 710 | (90) | 1,521 |
Foreign currency translation adjustment | 5 | (14) | 8 | (19) |
Funded status of employee benefit plans | (30) | 10 | (32) | 13 |
Total other comprehensive income (loss), net of tax | (1,350) | (5,595) | 1,248 | (12,264) |
Comprehensive income (loss) | (839) | (4,755) | 878 | (9,943) |
Net Income (Loss) Available to Common Stockholders | ||||
Net income (loss) | 511 | 840 | (370) | 2,321 |
Preferred stock dividends declared | (11) | (36) | ||
Deferred units of LNC stock in our deferred compensation plans | 2 | (7) | (2) | (7) |
Net income (loss) available to common stockholders | $ 502 | $ 833 | $ (408) | $ 2,314 |
Net Income (Loss) Per Common Share | ||||
Basic (in dollars per share) | $ 2.95 | $ 4.91 | $ (2.40) | $ 13.44 |
Diluted (in dollars per share) | 2.94 | 4.83 | (2.41) | 13.25 |
Cash Dividends Declared Per Preferred Share | 562.50 | 1,817.19 | ||
Cash Dividends Declared Per Common Share | 0.45 | 0.45 | 0.90 | 0.90 |
Series C Preferred Stock [Member] | ||||
Net Income (Loss) Per Common Share | ||||
Cash Dividends Declared Per Preferred Share | 635.94 | |||
Series D Preferred Stock [Member] | ||||
Net Income (Loss) Per Common Share | ||||
Cash Dividends Declared Per Preferred Share | $ 562.50 | $ 1,181.25 |
Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2023 - $111,354; 2022 - $111,707; allowance for credit losses: 2023 - $25; 2022 - $22) | $ 100,890 | $ 99,736 |
Trading securities | 2,943 | 3,498 |
Equity securities | 403 | 427 |
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2023 - $404; 2022 - $487) | 18,460 | 18,301 |
Policy loans | 2,423 | 2,359 |
Derivative investments | 5,155 | 3,594 |
Other investments | 4,195 | 3,739 |
Total investments | 134,469 | 131,654 |
Cash and invested cash | 3,768 | 3,343 |
Deferred acquisition costs, value of business acquired and deferred sales inducements | 12,316 | 12,235 |
Reinsurance recoverables, net of allowance for credit losses | 19,030 | 19,443 |
Market risk benefit assets | 3,906 | 2,807 |
Accrued investment income | 1,277 | 1,253 |
Goodwill | 1,144 | 1,144 |
Other assets | 19,456 | 18,802 |
Separate account assets | 153,246 | 143,536 |
Total assets | 348,612 | 334,217 |
Liabilities | ||
Policyholder account balances | 117,598 | 114,435 |
Future contract benefits | 39,711 | 38,826 |
Market risk benefit liabilities | 1,548 | 2,078 |
Deferred front-end loads | 5,450 | 5,052 |
Payables for collateral on investments | 7,062 | 6,712 |
Short-term debt | 500 | 500 |
Long-term debt | 5,954 | 5,955 |
Other liabilities | 11,724 | 12,021 |
Separate account liabilities | 153,246 | 143,536 |
Total liabilities | 342,793 | 329,115 |
Contingencies and Commitments (See Note 14) | ||
Stockholders' Equity | ||
Common stock – 800,000,000 shares authorized; 169,630,880 and 169,220,511 shares issued and outstanding as of June 30, 2023, and December 31, 2022, respectively | 4,575 | 4,544 |
Retained earnings | 5,362 | 5,924 |
Accumulated other comprehensive income (loss) | (5,104) | (6,352) |
Total stockholders' equity | 5,819 | 5,102 |
Total liabilities and stockholders' equity | 348,612 | 334,217 |
Series C Preferred Stock [Member] | ||
Stockholders' Equity | ||
Preferred stock - 10,000,000 shares authorized | 493 | 493 |
Series D Preferred Stock [Member] | ||
Stockholders' Equity | ||
Preferred stock - 10,000,000 shares authorized | $ 493 | $ 493 |