Trump’s Promises Boost Fate of Radnor’s Lincoln National

By

Dennis Glass
Dennis Glass, CEO of Lincoln National in Radnor.

The shifting political winds of the Trump Administration have been good news for Radnor-based Lincoln National Corp.

A potential reversal of stringent regulations on selling insurance-backed investments could stem the tide of Lincoln National’s $1-billion-per-quarter asset outflow late last year, according to a Philadelphia Inquirer report by Joseph DiStefano.

Investors see an upturn on annuity sales coming, and have buoyed Lincoln National’s stock price 50 percent since the election.

That, along with the promise of corporate tax reform and the likelihood of rising interest rates, could even push the stock price to $76, Sandler O’Neill & Partners Analyst John Barnidge predicted in the article.

Read more about the prospects for life insurance provider Lincoln National in the Philadelphia Inquirer here, and check out previous DELCO Today coverage of the company here.

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