Lincoln National Q1 2022 Earnings Report
Key Takeaways
Lincoln National Group reported a net income of $104 million, or $0.58 per diluted share, and an adjusted operating income of $294 million, or $1.66 per diluted share. The results were driven by growth in sales, capital returns, and a strong balance sheet, despite headwinds from the pandemic and alternative investment income.
Net income EPS was $0.58, and adjusted operating EPS was $1.66.
Adjusted operating EPS included a negative impact of $0.96 primarily from pandemic-related claims.
Book Value Per Share (BVPS), including Accumulated Other Comprehensive Income (AOCI), was $85.59, down 16%.
$480 million of capital was returned to shareholders, including $400 million in share repurchases.
Lincoln National
Lincoln National
Lincoln National Revenue by Segment
Forward Guidance
This press release contains forward-looking statements, and actual results may differ materially. Please see the Forward-looking Statements – Cautionary Language at the end of this release for factors that may cause actual results to differ materially from the company’s current expectations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income