Lincoln National Q3 2021 Earnings Report

Lincoln National reported a net income of $318 million, or $1.68 per diluted share, for the third quarter of 2021, compared to $398 million, or $2.01 per diluted share, for the third quarter of 2020. Adjusted income from operations was $307 million, or $1.62 per diluted share, compared to an adjusted loss from operations of $(133) million, or $(0.72) per diluted share, in the third quarter of 2020. The current quarter’s adjusted operating results included net unfavorable notable items of $108 million, or $0.57 per share. The company completed $200 million in share repurchases and the board of directors approved raising the quarterly dividend on its common shares to $0.45 per share.