Ameriprise Q1 2021 Earnings Report
Key Takeaways
Ameriprise Financial reported an excellent first quarter, building on the momentum from 2020. The company continues to execute its strategy well, invest for business growth and deliver meaningful results. Adjusted operating net revenue was $3.3 billion, a 10 percent increase from strong organic growth. Assets under management and administration were up 36 percent to $1.14 trillion, a record high.
Adjusted operating earnings per diluted share was $5.43.
Adjusted operating net revenue was $3.3 billion, a 10 percent increase.
Assets under management and administration were up 36 percent to $1.14 trillion.
The company returned $491 million of capital to shareholders and announced a 9 percent increase in its quarterly dividend to $1.13 per share.
Ameriprise
Ameriprise
Ameriprise Revenue by Segment
Forward Guidance
The operating effective tax rate was 14.9 percent for the first quarter. The full year operating effective tax rate is expected to be approximately 17 percent.
Revenue & Expenses
Visualization of income flow from segment revenue to net income