earnings
confidence high
sentiment positive
materiality 0.80
Ameriprise Q3 adjusted EPS $9.02, up 17%; AWM earnings record $826M
AMERIPRISE FINANCIAL INC
2024-Q3 EPS reported
$22.53
revenue$13,277,000,000
- Adjusted operating EPS ex unlocking/severance $9.02 (+17% YoY); GAAP EPS $5.00 (down 39% on market impacts).
- Advice & Wealth Mgmt pretax adj. op. earnings record $826M (+13%); net revenues $2.7B (+14%).
- Total AUM/AUA $1.5T (+22%); returned $713M capital to shareholders in quarter.
- Asset Mgmt adj. op. earnings $245M (+23%); net outflows improved 40% to $2.4B.
- Unlocking charge $74M after-tax from variable annuity assumption update; severance $19M.