Ameriprise Q2 adjusted EPS $7.44 up 30% YoY; Wealth Mgmt margin record 31.2%

AMERIPRISE FINANCIAL INC

2023-Q2 EPS reported $11.97 revenue$7,852,000,000

GAAP EPS $8.21 (vs $5.37); adjusted operating EPS $7.44 (vs $5.72), up 30%.
Wealth Management pretax adjusted margin 31.2% (record); net revenue +14%, earnings +49%.
Assets under management $1.3T (+9%); client net flows $9.4B (+10%).
Returned $638M capital to shareholders (79% of adj. earnings); new $3.5B buyback authorization.
Asset Management faced $5.3B net outflows; pretax margin 30%; Retirement earnings +13%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMERIPRISE FINANCIAL INC reported second quarter of 2023 results: net income $890, EPS $8.21.

Period: second quarter of 2023
Net income: $890
EPS: $8.21
Result: reported results

Exact text from the filing

Ameriprise Financial, Inc. furnishes herewith, on Exhibit 99.1, a press release issued July 26, 2023, announcing its financial results for the second quarter of 2023.

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Source: SEC EDGAR

accession 0000820027-23-000074

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