earnings
confidence high
sentiment positive
materiality 0.80
Ameriprise Q2 adjusted operating EPS $5.27, up 39% YoY; AUM record $1.2T
AMERIPRISE FINANCIAL INC
2021-Q2 EPS reported
$8.45
revenue$6,775,000,000
- GAAP EPS $4.88; adjusted operating EPS $5.27 vs $3.78 prior year excl. NOL tax impact.
- Adjusted operating revenue $3.4B, +22% YoY on strong organic growth and market appreciation.
- AUM and administration ended at $1.2T, a record, supported by $16B+ client net inflows.
- Returned $585M to shareholders (92% of adjusted operating earnings) in Q2.
- Announced acquisition of BMO's EMEA asset management (expected close Q4 2021) and reinsurance deal freeing ~$700M capital.