Lincoln Financial — Third Quarter 2026 Earnings Summary

Lincoln Financial reported third-quarter 2026 net income available to common stockholders of $1.3 billion, or $6.77 per diluted share, which included a net unfavorable impact of $0.47 per share from an annual assumption review. Adjusted operating income for the quarter was $339 million, or $1.72 per diluted share, driven by strong performance in Life Insurance and Retirement Plan Services, while Group Protection results were negatively affected by unfavorable disability experience. The company resumed share repurchases with $50 million of common stock and retired $437 million of preferred stock, bringing holding company available liquidity to $1.0 billion net of prefunding amounts.