Ameriprise Financial Reports Strong Q2 Earnings with Revenue and EPS Growth
Ameriprise Financial (NYSE:AMP) reported strong second-quarter results for 2026, posting a 13% increase in revenue to nearly $5 billion. Adjusted operating earnings per share rose by 22% year-over-year to $11.07 as the company benefited from higher assets under management and improved client engagement. The firm's return on equity climbed to 55%, up from 51.5% in the same period last year, with total assets under management reaching a record $1.8 trillion. The Advice & Wealth Management segment saw adjusted operating net revenue rise by 16% and pre-tax earnings increase similarly. Ameriprise also continued to return capital to shareholders through share repurchases and dividends totaling $932 million in the quarter, while maintaining substantial liquidity for future growth investments.
Tickers: $AMP
Topics: capital_returns financial_services wealth_management