{"id":954441,"date":"2026-04-23T17:01:49","date_gmt":"2026-04-23T21:01:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ameriprise-financial-reports-first-quarter2026-results\/"},"modified":"2026-04-23T17:01:49","modified_gmt":"2026-04-23T21:01:49","slug":"ameriprise-financial-reports-first-quarter2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ameriprise-financial-reports-first-quarter2026-results\/","title":{"rendered":"Ameriprise Financial Reports First Quarter2026 Results"},"content":{"rendered":"

<\/p>\n

Ameriprise Financial Reports First Quarter<\/b>2026 Results<\/b><\/p>\n

MINNEAPOLIS–(BUSINESS WIRE<\/a>)–
\nAmeriprise Financial, Inc. (NYSE: AMP):<\/p>\n\n\n\n\n\n\n
\n

\nEarnings Per Diluted Share<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nReturn on Equity, ex AOCI (1)<\/sup><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Q1 2026<\/span><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Q1 2026<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP<\/p>\n<\/td>\n

\n

\n$9.68<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nGAAP<\/p>\n<\/td>\n

\n

\n53.3%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted Operating<\/p>\n<\/td>\n

\n

\n$11.26<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nAdjusted Operating<\/p>\n<\/td>\n

\n

\n54.3%<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Raised Quarterly Dividend 6 Percent<\/i><\/b><\/p>\n\n\n\n\n
\n
    \n
  • \nFirst quarter adjusted operating earnings per diluted share increased 19 percent to a record $11.26, reflecting continued asset growth.<\/p>\n<\/li>\n
  • \nFirst quarter GAAP net income per diluted share was $9.68 compared to $5.83 a year ago due to market impacts on the valuation of derivatives and market risk benefits.<\/p>\n<\/li>\n
  • \nAssets under management, administration and advisement grew to $1.7 trillion, up 12 percent.<\/p>\n<\/li>\n
  • \nAdjusted operating net revenues increased 11 percent to $4.8 billion primarily from asset growth and strong client engagement.<\/p>\n<\/li>\n
  • \nPretax adjusted operating margin was strong at 28 percent.<\/p>\n<\/li>\n
  • \nDuring the quarter, Huntington National Bank selected Ameriprise Financial as its new retail investment program provider, which will bring approximately 260 financial advisors and nearly $28 billion in combined advisory, brokerage and insurance assets to the company.<\/p>\n<\/li>\n
  • \nBalance sheet fundamentals continued to be a core differentiator. The company generated and returned significant capital to shareholders with $936 million, or 88 percent of operating earnings, returned in the quarter. Return on equity remains distinguished in the industry at 54 percent(1)<\/sup>.<\/p>\n<\/li>\n
  • \nAmeriprise earned one of the highest investor satisfaction scores in the JD Power 2026 U.S. Investor Satisfaction StudySM<\/sup>, ranking third in the advised investors segment.<\/p>\n<\/li>\n
  • \nColumbia Threadneedle Investments ranked in the top 10 across all time periods in the Barron\u2019s Best Fund Families of 2025 ranking.<\/p>\n<\/li>\n<\/ul>\n<\/td>\n
\n\n

Perspective from Jim Cracchiolo, Chairman and Chief Executive Officer<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n

\n\u201cAmeriprise delivered a strong start to the year, with significant revenue and earnings growth driven by the durability of our business and consistent execution of our strategy.<\/p>\n

\n\u00a0<\/p>\n

\nIn an environment of heightened market volatility and uncertainty, clients remain highly engaged and well-served by our personalized advice, expert investment perspective and broad product range.<\/p>\n

\n\u00a0<\/p>\n

\nWe continue to invest across the business with a clear long-term focus \u2013 further enhancing our strong client experience, solutions, technology and AI capabilities.<\/p>\n

\n\u00a0<\/p>\n

\nOur capital strength remains a clear differentiator. During the quarter, we returned 88% of operating earnings to shareholders and today announced an additional 6% increase in our quarterly dividend, further reinforcing our confidence in the business and strong track record of generating shareholder value.\u201d<\/p>\n

\n\u00a0<\/p>\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

(1)<\/sup> Return on equity excluding AOCI is calculated on a trailing 12-month basis.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Ameriprise Financial, Inc.<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

First Quarter Summary<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Quarter Ended<\/b><\/p>\n

March 31,<\/b><\/p>\n<\/td>\n

\n

% Better\/<\/b><\/p>\n

(Worse)<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n(in millions, except per share amounts, unaudited)<\/p>\n<\/td>\n

\n

2026<\/b><\/p>\n<\/td>\n

\n

2025<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP net income<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n915<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n583<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n57%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted operating earnings<\/p>\n<\/td>\n

\n\n\n\n\n<\/tr>\n
\n

\n(see reconciliation on p. 24)<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n1,064<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n950<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n12%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP net income per diluted share<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n9.68<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n5.83<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n66%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted operating earnings per diluted share<\/p>\n<\/td>\n

\n\n\n\n\n<\/tr>\n
\n

\n(see reconciliation on p. 24)<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n11.26<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n9.50<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n19%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP Return on Equity, ex. AOCI<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n53.3<\/p>\n<\/td>\n

\n

\n%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n43.2<\/p>\n<\/td>\n

\n

\n%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted Operating Return on Equity, ex. AOCI<\/p>\n<\/td>\n

\n\n\n\n\n<\/tr>\n
\n

\n(see reconciliation on p. 26)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n54.3<\/p>\n<\/td>\n

\n

\n%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n52.0<\/p>\n<\/td>\n

\n

\n%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nWeighted average common shares outstanding:<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nBasic<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n93.3<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n98.5<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nDiluted<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n94.5<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n100.0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nFirst quarter 2026 GAAP results included unfavorable market impacts on the valuation of derivatives and market risk benefits, while the prior-year quarter included larger unfavorable market impacts on the valuation of derivatives and market risk benefits.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Ameriprise Financial, Inc.<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Advice & Wealth Management Segment Adjusted Operating Results<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Quarter Ended March 31,<\/b><\/p>\n<\/td>\n

\n

% Better\/<\/b><\/p>\n

(Worse)<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n(in millions, unaudited)<\/p>\n<\/td>\n

\n

2026<\/b><\/p>\n<\/td>\n

\n

2025<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted operating net revenues<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n3,175<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n2,782<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n14%<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nDistribution expenses<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n1,770<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n1,554<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(14)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nInterest and debt expense<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n15<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n12<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(25)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nGeneral and administrative expenses<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n439<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n424<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(4)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted operating expenses<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2,224<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n1,990<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(12)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nPretax adjusted operating earnings<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n951<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n792<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n20%<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nPretax adjusted operating margin<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n30.0<\/p>\n<\/td>\n

\n

\n%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n28.5<\/p>\n<\/td>\n

\n

\n%<\/p>\n<\/td>\n

\n

\n150 bps<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\n\u00a0<\/p>\n<\/td>\n

\n

Quarter Ended March 31,<\/b><\/p>\n<\/td>\n

\n

% Better\/<\/b><\/p>\n

(Worse)<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n(in billions, unless otherwise noted)<\/p>\n<\/td>\n

\n

2026<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

2025<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal client assets<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n1,149<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n1,023<\/p>\n<\/td>\n

\n

\n12%<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal client net flows<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n4.2<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n10.3<\/p>\n<\/td>\n

\n

\n(59)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nWrap assets<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n664<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n573<\/p>\n<\/td>\n

\n

\n16%<\/p>\n<\/td>\n<\/tr>\n

\n

\nWrap net flows<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n6.0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n8.7<\/p>\n<\/td>\n

\n

\n(31)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nCash sweep balances<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n29.4<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n28.6<\/p>\n<\/td>\n

\n

\n3%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted operating net revenue per advisor (TTM in thousands)<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n1,160<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n1,056<\/p>\n<\/td>\n

\n

\n10%<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Advice & Wealth Management <\/b>generated strong performance with pretax adjusted operating earnings of $951 million, up 20 percent, with a margin of 30.0 percent. Pretax adjusted operating earnings included a $25 million benefit due to the termination of the Comerica Bank relationship. Core distribution earnings increased in the mid-30 percent range, excluding the benefit from Comerica, resulting from strong operating fundamentals, while spread earnings were essentially flat.<\/p>\n

\nAdjusted operating net revenues increased 14 percent to $3.2 billion reflecting strong client engagement in holistic financial planning and advice relationships. Wrap net inflows and market appreciation contributed to growth in fee-based revenues, while increased sales of annuity products and brokerage transactions drove strong transactional activity.<\/p>\n

\nAdjusted operating expenses increased 12 percent to $2.2 billion, primarily driven by distribution expenses. General and administrative expenses increased $15 million to $439 million, primarily driven by volume-related expenses and investments for growth.<\/p>\n

\nThe company delivered strong asset growth and higher advisor productivity, reflecting the strength of the Ameriprise client experience and the company\u2019s focus on industry-leading tools, solutions and support.<\/p>\n