Lincoln National Q3 2020 Earnings Report
Key Takeaways
Lincoln National Group reported a net income of $398 million, or $2.01 per diluted share. However, the adjusted loss from operations was $(133) million, or $(0.72) per diluted share. The results were impacted by the annual review process and elevated claims related to the pandemic.
Net income EPS of $2.01 and adjusted operating EPS of $(0.72).
Adjusted operating EPS included $(3.07) from notable items, elevated claims experience from COVID-19, and above targeted alternative investment income.
BVPS, including AOCI, of $111.51, up 11%; BVPS, excluding AOCI, of $71.10, up 3%.
Resuming buybacks in fourth quarter and increased quarterly common stock dividend to $0.42, up 5%
Lincoln National
Lincoln National
Lincoln National Revenue by Segment
Forward Guidance
The company is resuming buybacks in the fourth quarter and the board approved an increase in the dividend per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income