Lincoln National Corporation (LNC) CEO Ellen Cooper on Q2 2022 Results - Earnings Call Transcript

Lincoln National Corporation (NYSE:LNC) Q2 2022 Results Conference Call August 4, 2022 10:00 AM ET

Company Participants

Al Copersino - VP, IR

Ellen Cooper - President, CEO

Randy Freitag - CFO

Conference Call Participants

Elyse Greenspan - Wells Fargo

Erik Bass - Autonomous Research

Jimmy Bhullar - JP Morgan

John Barnidge - Piper Sandler

Josh Shanker - Bank of America

Mike Ward - Citi

Tom Gallagher - Evercore ISI

Operator

Good morning, and thank you for joining Lincoln Financial Group's Second Quarter 2022 Earnings Conference Call. At this time, all lines are in a listen-only mode. Later, we will announce the opportunity for questions and instructions will be given at that time. [Operator Instructions]

Now, I will turn the conference over to Vice President of Investor Relations, Al Copersino. Please go ahead, sir.

Al Copersino

Thank you. Good morning, and welcome to Lincoln Financial's second quarter earnings call. Before we begin, I have an important reminder. Any comments made during the call regarding future expectations, including those regarding deposits, expenses, income from operations, share repurchases and liquidity and capital resources are forward-looking statements under the Private Securities Litigation Reform Act of 1995.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from current expectations. These risks and uncertainties include those described in the cautionary statement disclosures in our earnings release issued yesterday as well as those detailed in our 2021 annual report on Form 10-K, most recent quarterly reports on Form 10-Q and from time to time in our other filings with the SEC.

These forward-looking statements are made only as of today, and we undertake no obligation to update or revise any about to reflect events or circumstances that occur after this date. We appreciate your participation today and invite you to visit Lincoln's website, www.lincolnfinancial.com, where you can find our press release and physical supplement, which include full reconciliations of the non-GAAP measures used on this call, including adjusted return on equity and adjusted income from operations or adjusted operating income to the most comparable GAAP measures.

Presenting on today's call are Ellen Cooper, President and CEO; and Randy Freitag, Chief Financial Officer. After their prepared remarks, we will move to the question-and-answer portion of the call.

I would now like to turn the call over to Ellen.