secwatch.observer — SEC 8-K summary
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Issuer:     AMERIPRISE FINANCIAL INC (AMP)
CIK:        0000820027
Form:       8-K
Filed at:   2023-04-24T23:59:59+00:00
Accession:  0000820027-23-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameriprise Q1 adjusted EPS $7.25 beats prior year $5.82; raises dividend 8% to $1.35
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- Q1 adjusted operating EPS $7.25, up 25% YoY; GAAP EPS $3.79 vs $7.10 due to market impact on derivatives.
- Wealth Management pretax earnings +58% to $693M; operating margin record 30.6% vs 21.5% last year.
- AUM/A down 8% to $1.2T; client net flows $12.3B (+18%); bank/certificate assets $32.9B (+67%).
- Quarterly dividend raised 8% to $1.35; returned $641M capital to shareholders in Q1.
- Announced partnership with Comerica to add ~100 advisors and $18B AUM, expected close by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820027/000082002723000058/0000820027-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820027/000082002723000058/amp-20230424.htm
  HTML page:      https://secwatch.observer/filing/0000820027-23-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer