Ameriprise Financial’s (AMP) fourth-quarter 2023 adjusted operating earnings (excluding regulatory accrual, severance and mark-to-market impacts on share-based compensation expenses) of $7.75 per share handily surpassed the Zacks Consensus Estimate of $7.67. The bottom line reflects a rise of 14% from the year-ago quarter.Results were aided by revenue growth, along with higher assets under management (AUM) and assets under administration (AUA) balances. However, an increase in expenses was a negative. Proba ...

For the quarter ended December 2023, Ameriprise Financial Services (AMP) reported revenue of $3.99 billion, up 9.5% over the same period last year. EPS came in at $7.75, compared to $6.94 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.87 billion, representing a surprise of +3.10%. The company delivered an EPS surprise of +1.04%, with the consensus EPS estimate being $7.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...

Ameriprise Financial Services (AMP) came out with quarterly earnings of $7.75 per share, beating the Zacks Consensus Estimate of $7.67 per share. This compares to earnings of $6.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.04%. A quarter ago, it was expected that this financial services company would post earnings of $7.58 per share when it actually produced earnings of $7.68, delivering a surprise of 1.32%.Over the la ...

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $1.35 per common share payable on February 27, 2024 to shareholders of record at the close of business on February 9, 2024. At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of more than 10,000 finan ...

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Roberto Vargas has moved his practice from J.P. Morgan Securities, Inc. where he managed over $100 million in client assets. Vargas chose to join Centennial Financial Services, a financial advisory practice of Ameriprise Financial Services, LLC within the Ameriprise Financial Institutions Group (AFIG) in Jupiter, Florida which provides advice and investment services to Centennial Bank branches in Flor ...

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Bill Peacock, MBA recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial in San Angelo, Texas with more than $110 million in client assets. Peacock wanted to join a firm that offers an elevated level of service for advisors. “Ameriprise offers the best of both worlds – the opportunity to operate independently, while receiving a level of personalized service that we were previously missing,” said Peacock. When s ...

Investors are always looking for stocks that are poised to beat at earnings season and Ameriprise Financial, Inc. (AMP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Ameriprise Financial is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — ...

The upcoming report from Ameriprise Financial Services (AMP) is expected to reveal quarterly earnings of $7.67 per share, indicating an increase of 10.5% compared to the year-ago period. Analysts forecast revenues of $3.87 billion, representing an increase of 6.2% year over year.Over the last 30 days, there has been an upward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecast ...

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Inc., (NYSE: AMP) announced that 321 of the firm’s financial advisor teams were named to the Forbes list of Best-in-State Wealth Management Teams. Forbes recognizes the industry’s top teams according to several factors, which include quality of their practices, professionalism and success in the business. The rankings are finalized based on data provided by thousands of the nation’s most accomplished advisor teams. “Congratulations to the advisors and th ...

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its fourth quarter 2023 financial results on Wednesday, January 24, 2024 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Thursday, January 25, 2024 at 9:00 a.m. (ET). Live audio of the conference call, presentation slides and an audio replay will be available on the Ameriprise Financial Investor Relations website at ir.ameriprise.com. At Ameriprise Financ ...