earnings
confidence high
sentiment positive
materiality 0.75
Ameriprise Q2 adjusted EPS $11.07, up 22% YoY; record AUM $1.8T
AMERIPRISE FINANCIAL INC
- Adjusted operating EPS $11.07 vs $9.11 a year ago; GAAP EPS $11.98 vs $10.73.
- Adjusted operating net revenues $4.9B, up 13% YoY; pretax margin 27%.
- Assets under management, administration and advisement record $1.8T, up 14%.
- Advice & Wealth Management pretax earnings $939M, up 16%; margin 28.9%.
- Returned $932M to shareholders, 91% of operating earnings; ROE ex AOCI 55%.