Ameriprise Q1 2024 Earnings Report
Key Takeaways
Ameriprise Financial reported strong first-quarter results, with adjusted operating earnings per diluted share up 16 percent. Wealth Management was a primary growth driver, with assets under management and administration reaching $1.4 trillion. The company returned $650 million of capital to shareholders and increased its quarterly dividend by 10 percent.
Adjusted operating earnings per diluted share increased by 16 percent.
Assets under management and administration reached $1.4 trillion, up 15 percent.
The company returned $650 million of capital to shareholders.
Wealth Management continues to be the primary growth driver.
Ameriprise
Ameriprise
Ameriprise Revenue by Segment
Forward Guidance
Ameriprise Financial did not provide specific forward guidance in this earnings report. However, they expect mid-single digit growth in general and administrative expenses for the full year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income