Ameriprise Financial (NYSE:AMP) Releases Earnings Results, Beats Estimates By $1.05 EPS

Key Points

• Adjusted EPS $11.26 — Ameriprise beat consensus by $1.05 while reporting $4.77B in revenue (slightly below some estimates); margins remain strong (net margin ~19.3%) and ROE is very high (~63%).
• Asset and distribution momentum — AUM/AUA rose ~12% to ~$1.7 trillion with record advisor productivity (~$1.2M per advisor), and a multi‑year Huntington Bank deal will bring roughly 260 advisors and ~$28B of assets in Q4.
• Near‑term flow headwinds but shareholder support — Management expects about $18B of Comerica‑related outflows by end of Q3 that will weigh on net new assets despite a make‑whole payment, while the board approved a 6% quarterly dividend increase to $1.70, signaling confidence in cash flow.

Ameriprise Financial (NYSE:AMP - Get Free Report) posted its quarterly earnings results on Thursday. The financial services provider reported $11.26 EPS for the quarter, beating the consensus estimate of $10.21 by $1.05, FiscalAI reports. Ameriprise Financial had a net margin of 19.28% and a return on equity of 63.04%. The business had revenue of $4.77 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the business posted $9.50 EPS. The company's quarterly revenue was up 9.7% on a year-over-year basis.

Here are the key takeaways from Ameriprise Financial's conference call:

• Strong Q1 financials — adjusted operating revenues rose 11% to $4.8 billion, adjusted EPS increased 19% to $11.26, and return on equity exceeded 54%, reflecting durable profitability.
• Asset and advisor momentum — total AUM/AUA grew 12% to $1.7 trillion, wrap assets rose 16%, and advisor productivity reached a record $1.2 million per advisor.
• Comerica-related outflows created lumpiness in net flows — roughly $18 billion of assets are expected to transfer out by the end of Q3, weighing on near-term NNA despite a make-whole payment.
• Distribution win with Huntington Bank — a multi-year AFIG agreement will bring about 260 advisors and ~$28 billion of assets onto Ameriprise in Q4, a meaningful future inflow and strategic partnership.
• Investments in technology and AI — management is embedding AI into an integrated advisor platform and expanding Signature Wealth UMA (early positive engagement), but material productivity and cost benefits are expected to accrue over time.

Ameriprise Financial Stock Performance

Shares of AMP opened at $459.69 on Friday. The firm's 50 day moving average is $454.74 and its 200-day moving average is $474.78. The stock has a market capitalization of $41.91 billion, a P/E ratio of 12.64, a P/E/G ratio of 1.15 and a beta of 1.27. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.68 and a quick ratio of 0.68. Ameriprise Financial has a 12-month low of $422.37 and a 12-month high of $550.18.

Ameriprise Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 9th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, February 9th. Ameriprise Financial's dividend payout ratio is presently 17.60%.

Analyst Ratings Changes

Several research firms have recently issued reports on AMP. Piper Sandler decreased their price target on Ameriprise Financial from $530.00 to $460.00 and set a "hold" rating for the company in a research note on Tuesday, April 7th. BMO Capital Markets restated a "market perform" rating on shares of Ameriprise Financial in a research note on Tuesday, March 3rd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $605.00 price objective (up from $580.00) on shares of Ameriprise Financial in a report on Monday, February 2nd. Keefe, Bruyette & Woods initiated coverage on shares of Ameriprise Financial in a research report on Friday, April 10th. They issued a "hold" rating for the company. Finally, Raymond James Financial set a $582.00 target price on shares of Ameriprise Financial and gave the company a "strong-buy" rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $544.22.

Trending Headlines about Ameriprise Financial

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Q1 EPS materially beat expectations (reported $11.26 vs. ~ $10.20–$10.60 consensus), signaling strong profitability and driving investor interest. Ameriprise Financial Services (AMP) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: The board approved a 6% increase in the regular quarterly dividend to $1.70 per share (payable May 22), which supports income investors and signals confidence in cash flow. Ameriprise Financial Increases Regular Quarterly Dividend 6 Percent
• Positive Sentiment: Media coverage highlighting client satisfaction and Ameriprise’s charitable work frames the business as undervalued relative to service quality and long-term client retention — a supportive narrative for investors looking past short-term noise. Ameriprise Charitable Honors And Client Satisfaction Contrast With Undervalued Shares
• Neutral Sentiment: Company press release and slide deck provide full Q1 detail: strong margins and ROE (net margin ~19.3%, ROE ~63%), but mixed top-line signals — useful for analysts and investors digging into segment performance. View Press Release
• Neutral Sentiment: Analyst consensus remains conservative (consensus rating noted as “Hold”), suggesting limited near-term upside from analyst revisions despite the EPS beat. Ameriprise Financial, Inc. NYSE: AMP Receives Consensus Rating of "Hold" from Analysts
• Negative Sentiment: Revenue missed some analyst estimates (reported ~$4.77B vs. ~ $4.82B consensus in some reports), which likely drove profit-taking and caution among investors focused on growth and AUM-related fees. Compared to Estimates, Ameriprise (AMP) Q1 Earnings: A Look at Key Metrics

Insider Buying and Selling

In other news, CEO William F. Truscott sold 5,000 shares of the business's stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $532.08, for a total transaction of $2,660,400.00. Following the sale, the chief executive officer directly owned 12,149 shares of the company's stock, valued at $6,464,239.92. The trade was a 29.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Gumer Alvero sold 4,658 shares of Ameriprise Financial stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $542.88, for a total value of $2,528,735.04. Following the completion of the transaction, the insider directly owned 4,621 shares in the company, valued at $2,508,648.48. This represents a 50.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 16,658 shares of company stock worth $8,998,675. Corporate insiders own 0.60% of the company's stock.

Institutional Investors Weigh In On Ameriprise Financial

A number of institutional investors have recently bought and sold shares of AMP. Prosperity Bancshares Inc acquired a new stake in Ameriprise Financial in the fourth quarter valued at approximately $33,000. WFA of San Diego LLC acquired a new position in shares of Ameriprise Financial during the 2nd quarter worth $36,000. Resources Management Corp CT ADV raised its holdings in shares of Ameriprise Financial by 283.3% during the 4th quarter. Resources Management Corp CT ADV now owns 115 shares of the financial services provider's stock valued at $57,000 after purchasing an additional 85 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in shares of Ameriprise Financial by 127.3% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 125 shares of the financial services provider's stock valued at $61,000 after purchasing an additional 70 shares in the last quarter. Finally, DV Equities LLC bought a new position in shares of Ameriprise Financial during the 4th quarter valued at $64,000. 83.95% of the stock is currently owned by institutional investors and hedge funds.

Ameriprise Financial Company Profile

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.