Life insurer Lincoln National Q3 net income $411 mln

Lincoln National

30/10/2025 10:11

Overview

Lincoln National Q3 net income $411 mln, adjusted operating income $397 mln

Adjusted EPS for Q3 was $2.04, reflecting broad-based growth

Company reports strong growth in annuities and life insurance segments

Outlook

Lincoln National did not provide specific financial guidance for future quarters or the full year

Result Drivers

ANNUITIES GROWTH - Annuities segment saw 6% increase in operating income due to favorable equity markets and higher spread income

LIFE INSURANCE PERFORMANCE - Life Insurance operating income increased by $40 mln due to stable mortality and higher investment income

RETIREMENT PLAN SERVICES - Retirement Plan Services reported 5% increase in operating income, driven by favorable equity markets and spread expansion

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$2.12
Q3 Net Income
$445 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the life & health insurance peer group is "buy."

Wall Street's median 12-month price target for Lincoln National Corp is $42.00, about 4.7% above its October 29 closing price of $40.03

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw6QQWbSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)