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Mar 31

Ameriprise Q1 2025 Earnings Report

Ameriprise delivered strong financial performance with double-digit EPS growth and substantial capital returns.

Key Takeaways

Ameriprise Financial reported solid Q1 2025 results, driven by robust asset growth, disciplined expense management, and strong client engagement across segments. Despite GAAP net income being impacted by market-related items, adjusted results were impressive.

Adjusted EPS rose 13% to $9.50, reflecting strong operating performance.

Total assets under management, administration, and advisement reached $1.49466 trillion.

Returned $765 million to shareholders and announced a $4.5 billion new share repurchase program.

Raised quarterly dividend by 8%.

Total Revenue
$4.35B
Previous year: $4.15B
+5.0%
EPS
$9.5
Previous year: $8.39
+13.2%
Total AUM + AUA
$1.49T
Previous year: $1.45T
+2.9%
AWM AUM
$569B
Previous year: $518B
+9.9%
Cash and Equivalents
$7.81B
Previous year: $7.21B
+8.3%
Free Cash Flow
$1.52B
Total Assets
$179B
Previous year: $180B
-0.4%

Ameriprise

Ameriprise

Ameriprise Revenue by Segment

Forward Guidance

Ameriprise expects continued strength in core businesses, maintaining investment in growth while benefiting from operational efficiency initiatives.

Positive Outlook

  • Strong client relationships driving growth across segments.
  • Sustained high return on equity (52% adjusted operating ROE).
  • Healthy free cash flow supporting strategic flexibility.
  • Positive asset flows and advisor engagement.
  • Expense discipline contributing to improved margins.

Challenges Ahead

  • GAAP results impacted by unfavorable market-related items.
  • Net outflows of $18.3B in Asset Management segment.
  • Decline in AWM cash balances due to seasonal trends.
  • Volatility in institutional asset flows continues.
  • Slight YoY decline in GAAP net income due to derivative valuations.