earnings
confidence high
sentiment positive
materiality 0.85
Ameriprise Q3 adjusted EPS ex-unlocking $5.91, +38% YoY; AUM $1.2T, net inflows $14B
AMERIPRISE FINANCIAL INC
2021-Q3 EPS reported
$17.03
revenue$9,681,000,000
- GAAP net income $1,031M ($8.65/sh) vs loss $140M year ago; adjusted operating earnings $699M.
- Wealth & Asset Management contributed 80% of operating earnings; pretax adj. op. earnings +28% to $858M.
- Advice & Wealth Management pretax adj. op. earnings $459M (+43%), client assets $811B, net flows $10B.
- Asset Management pretax adj. op. earnings $285M (+44%), AUM $583B, net inflows $3.9B.
- Returned $666M capital to shareholders (95% of adj. op. earnings); excess capital $2.7B.