Welcome to our dedicated page for Lincoln Natl Ind news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln Natl Ind stock.
Lincoln National Corporation (NYSE: LNC) delivers insurance and retirement solutions through annuities, life insurance, and group protection services. This news hub provides investors with essential updates directly affecting the company’s market position and operational strategy.
Access real-time press releases covering earnings announcements, leadership appointments, product innovations, and regulatory developments. Our curated collection ensures you never miss critical information about LNC’s financial performance or industry initiatives.
Key updates include quarterly results, mergers & acquisitions, dividend declarations, and strategic partnerships. Bookmark this page for organized access to filings, investor presentations, and market analyses related to LNC’s insurance products and retirement services.
Check back regularly for neutral, compliance-focused reporting on Lincoln National Corporation’s activities. Verify timestamps on individual articles for the latest developments in life insurance trends and retirement planning solutions.
Lincoln Financial Group (NYSE: LNC) highlights significant gaps in long-term care planning among Americans during Long-Term Care Awareness Month. A recent survey shows that 47% of respondents are caregivers or expect to be, yet only 16% are familiar with coverage solutions. Alarmingly, less than 20% have begun their planning. Lincoln emphasizes the importance of understanding long-term care costs, as 70% of adults who reach 65 will need severe care. The company encourages open discussions about preferences and financial planning for long-term care to secure better futures.
Lincoln Financial Group (NYSE: LNC) launched the Lincoln ProtectedPaySM lifetime income suite on November 21, aimed at providing income for life amid economic uncertainty. This suite offers six income options with guaranteed growth of 6% for future income, investment flexibility, and protected payments in retirement. With only 31% of Americans confident in their retirement savings, this initiative addresses the growing concerns of pre-retirees. Investors can access these products through broker-dealers and registered investment advisors.
Lincoln Financial Group (NYSE: LNC) has announced the pricing of two public offerings: 500,000 depositary shares of its 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, and 20 million depositary shares of its 9.000% Non-Cumulative Preferred Stock, Series D. Each offering expects gross proceeds of $500 million. The Series D Preferred Stock will be listed on the New York Stock Exchange under the symbol 'LNC PRD.' Proceeds will be used to repay part of its 4.00% Senior Notes due September 1, 2023, and for general corporate purposes.
Lincoln Financial Network (LFN) announced the onboarding of financial experts Scott LoPresti and Dean DiPierro, who bring nearly
On November 10, 2022, Lincoln Financial Group (NYSE: LNC) will host Morgan State Day, a networking event at its headquarters in Radnor, Pennsylvania, in partnership with Morgan State University. Around 45 students, focusing on finance, investments, sales, marketing, and computer science, will engage in learning activities and networking. A presentation challenge will award four summer internships to winners. Lincoln Financial aims to foster early career talent through this program, supporting diversity and providing insights into financial career opportunities.
AM Best has downgraded Lincoln National Corporation's (LNC) Financial Strength Rating (FSR) from A+ to A and its Long-Term Issuer Credit Ratings to 'a+' from 'aa-'. The outlook for these ratings is now negative. The downgrade reflects a reduction in the company's Enterprise Risk Management (ERM) assessment due to volatility in capital and a significant GAAP unlocking charge of approximately $634 million. Additionally, LNC anticipates a statutory capital charge of around $550 million in Q4 2022, impacting risk-adjusted capital. The company is undertaking capital management initiatives to improve its position.
Lincoln Financial Group (NYSE: LNC) reported a significant net loss of $(2.6) billion or $(15.17) per share for Q3 2022, contrasting with net income of $318 million a year prior. The adjusted operating loss per share was $(10.23), attributed to $2 billion in unfavorable notable items and a $634 million goodwill impairment charge. The company declared a quarterly cash dividend of $0.45 per share, payable on February 1, 2023. Book value per share, including AOCI, stood at $13.10, an 88% decrease from the previous year, indicating substantial financial strain.
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