Lincoln National Corp. today reported first-quarter earnings of $208 million, or 82 cents per diluted common share, a 31 percent drop from the $300 million, or $1.15 a share, posted for the first three months of 2015.

Revenue for the quarter ended March 31 was $3.24 billion, a 2 percent decline from the prior year's first quarter. The report was made after markets closed.

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