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Mar 31, 2020
Lincoln National Q1 2020 Earnings Report
Lincoln National's first quarter earnings decreased compared to the previous year, but adjusted operating EPS increased.
Key Takeaways
Lincoln National Group reported a net income of $52 million for the first quarter of 2020, a significant decrease from $252 million in the first quarter of 2019. However, adjusted income from operations increased to $465 million, or $2.24 per diluted share. The company returned $304 million of capital to shareholders during the quarter.
Net income was $52 million, or $0.15 per diluted share, down 88% year-over-year.
Adjusted income from operations was $465 million, or $2.24 per diluted share, up 5% year-over-year.
Total Annuity sales increased by 5% to $3.7 billion, with positive net flows of $528 million.
Retirement Plan Services deposits increased by 11% to $2.8 billion.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements that are subject to risks and uncertainties, and actual results could differ materially.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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