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Mar 31, 2022

Ameriprise Q1 2022 Earnings Report

Ameriprise delivered a good quarter amidst heightened market volatility, driven by strong business performance and strategic capital deployment.

Key Takeaways

Ameriprise Financial reported strong Q1 2022 results, with adjusted operating earnings per diluted share up 10% year-over-year. Assets under management and administration grew by 17% to $1.3 trillion, fueled by net inflows in Wealth Management. The company increased its quarterly dividend by 11% and plans to return approximately 90% of capital to shareholders this year.

Adjusted operating earnings per diluted share increased by 10% to $5.98, reflecting strong business performance.

Assets under management and administration grew by 17% to $1.3 trillion, with wealth management net inflows exceeding $10 billion.

Adjusted operating net revenue increased by 10% to $3.6 billion, driven by business growth and market appreciation.

The company returned $562 million of capital to shareholders and raised the quarterly dividend by 11%.

Total Revenue
$3.66B
Previous year: $3.35B
+9.1%
EPS
$5.98
Previous year: $5.43
+10.1%
Total AUM and AUA
$1.3T
Previous year: $1.14T
+14.0%
AWM Total Client Assets
$444B
Previous year: $397B
+11.8%
Gross Profit
$2.02B
Previous year: $1.52B
+33.2%
Cash and Equivalents
$8.81B
Previous year: $7.54B
+16.9%
Total Assets
$168B
Previous year: $166B
+1.1%

Ameriprise

Ameriprise

Ameriprise Revenue by Segment

Forward Guidance

Ameriprise is well positioned to drive organic growth and will benefit from the rising rate environment in the U.S.

Revenue & Expenses

Visualization of income flow from segment revenue to net income