LINCOLN NATIONAL CORP
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
LNC$42.77-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Preferred Stock | |||
| Balance as of beginning-of-year | $986 | $986 | $986 |
| Balance as of end-of-year | 986 | 986 | 986 |
| Common Stock | |||
| Balance as of beginning-of-year | 4,674 | 4,605 | 4,544 |
| Issuance of common stock | 825 | – | – |
| Stock compensation/issued for benefit plans | 93 | 69 | 61 |
| Balance as of end-of-year | 5,592 | 4,674 | 4,605 |
| Retained Earnings | |||
| Balance as of beginning-of-year | 7,645 | 4,778 | 5,924 |
| Net income (loss) | 1,177 | 3,275 | (752) |
| Preferred stock dividends declared | (91) | (91) | (82) |
| Common stock dividends declared | (345) | (317) | (312) |
| Balance as of end-of-year | 8,386 | 7,645 | 4,778 |
| Accumulated Other Comprehensive Income (Loss) | |||
| Balance as of beginning-of-year | (5,036) | (3,476) | (6,352) |
| Other comprehensive income (loss), net of tax | 978 | (1,560) | 2,876 |
| Balance as of end-of-year | (4,058) | (5,036) | (3,476) |
| Total stockholders’ equity as of end-of-year | $10,906 | $8,269 | $6,893 |
See accompanying Notes to Consolidated Financial Statements
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