Ameriprise Financial (AMP) Earnings Date & Reports
Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management... Show more
AMP is expected to report earnings to fall 5.60% to $10.63 per share on July 29
Ameriprise Financial (AMP) Q1 2026 Earnings Recap: Adjusted EPS Surges 19% to Record
Key Takeaways
- Adjusted operating earnings per share (EPS) hit a record $11.26, up 19% from $9.50 in Q1 2025 and beating consensus estimates of $10.21.
- Adjusted operating net revenues climbed 11% to $4.8 billion, exceeding expectations around $4.7 billion.
- Advice & Wealth Management revenues rose 14% to $3.2 billion with a record pretax margin of 30.0%.
- Total client assets in Advice & Wealth Management grew 12% year-over-year to $1.149 trillion.
- Company returned 88% of operating earnings to shareholders and raised its quarterly dividend by 6%.
- Shares fell 1.9% in after-hours trading despite the earnings beat.
Earnings Context and Why It Matters
Ameriprise Financial's Q1 2026 earnings highlight the resilience of its client-focused wealth management model amid market volatility. As a leading independent financial services firm, the company benefits from strong advisor-client relationships and diversified revenue streams across advice, asset management, and protection solutions. Investors closely watch these results for signals on assets under management (AUM), client flows, and margins, especially as economic uncertainty persists. Robust performance here underscores Ameriprise's ability to grow amid higher interest rates and equity market fluctuations, influencing its valuation and dividend attractiveness in a competitive sector.
Ameriprise Financial reported GAAP EPS of $9.68, up 66% from $5.83 in Q1 2025, and adjusted operating EPS of $11.26, surpassing consensus by about $1.05. Adjusted operating net revenues reached $4.8 billion, a 11% increase year-over-year and above estimates.
The Advice & Wealth Management segment led growth, with revenues up 14% to $3.2 billion and pretax adjusted operating earnings rising 20% to $951 million, achieving a 30.0% margin (up 150 basis points). Total client assets expanded 12% to $1.149 trillion, though wrap net flows moderated to $6.0 billion. Asset Management revenues grew 8% to $910 million, with net AUM and AUA flows improving 68% to negative $5.9 billion. Retirement & Protection Solutions revenues edged up 3% to $952 million, but earnings fell 12% due to mix shifts.
Return on equity (ROE, ex-AOCI or excluding accumulated other comprehensive income) was 54.3% on an adjusted operating basis, reflecting strong capital efficiency.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener identifies trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore it today to enhance your investment strategy.
Market Reaction and Investor Sentiment
Despite beating earnings and revenue expectations, Ameriprise Financial's shares declined 1.9% in after-hours trading on April 23, closing around $467.92. Investors appeared cautious on moderated net flows in Advice & Wealth Management and Asset Management segments, even as core metrics shone. Broader market volatility and focus on flow sustainability tempered enthusiasm, though the beat reinforced confidence in the firm's franchise.
Forward Outlook and Key Factors to Monitor
Ameriprise Financial affirmed its full-year 2026 operating effective tax rate of 20-22% and expects Retirement & Protection Solutions earnings to remain in its long-term target range over time. CEO Jim Cracchiolo emphasized ongoing investments in client experience, technology, and AI capabilities amid volatility.
Investors should track Advice & Wealth Management flows and advisor productivity, as wrap net flows slowed but revenue per advisor rose 10% on a trailing twelve-month basis. Institutional and retail AUM flows in Asset Management showed improvement, warranting monitoring for sustained momentum.
Capital returns remain a priority, with 88% of Q1 operating earnings returned via buybacks and a 6% dividend hike signaling balance sheet strength. Margin trends, market-driven asset growth, and expense discipline will shape results in a dynamic environment.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer. Disclaimers and Limitations
Advertisement
General Information
a provider of financial planning, brokerage, asset management and insurance services to individuals, businesses and institutions
Industry InvestmentManagers