Ameriprise Q2 2021 Earnings Report
Key Takeaways
Ameriprise Financial reported a strong second quarter with adjusted operating earnings per diluted share of $5.27, a 39% increase from the prior year excluding a negative prior year period tax impact. Adjusted operating net revenue was $3.4 billion, a 22% increase from strong organic growth. Assets under management and administration were up 28% to $1.2 trillion, a record high. The company returned $585 million of capital to shareholders.
Adjusted operating earnings per diluted share was $5.27, up 39% year-over-year excluding a prior year tax impact.
Adjusted operating net revenue increased 22% to $3.4 billion due to strong organic growth.
Assets under management and administration grew 28% to a record $1.2 trillion.
The company returned $585 million of capital to shareholders, representing 92% of adjusted operating earnings.
Ameriprise
Ameriprise
Ameriprise Revenue by Segment
Forward Guidance
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