Free Historical Stock Data on Lincoln National Corporation
Stock Symbol: LNC
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Lincoln National Corporation (LNC) is a holding company that operates multiple insurance and investment management businesses through subsidiary companies. The collective group of companies uses Lincoln Financial Group as its marketing identity. LNC's operations are divided into four business segments: Lincoln Retirement, Life Insurance, Investment Management and Lincoln UK. The Lincoln Retirement segment provides tax-deferred investment growth and lifetime income opportunities for its clients through the manufacture of fixed and variable annuities. The Life Insurance segment focuses on the creation and protection of wealth for its clients through the manufacture of life insurance products. The Investment Management segment provides investment products and services to both individual and institutional investors. Lincoln UK is primarily focused on retaining its existing customers and managing expenses for a closed-block of business in the United Kingdom.
For the six months ended 6/30/04, revenues rose 13% to $2.62 billion. Net income before acctg. change applicable to Common rose 85% to $341.7 million. Revenues reflect favorable equity market performance and asset growth. Net income also reflects decreased benefits expenses.