AI brief of an SEC Form 8-K · Ameriprise Financial (AMP)

Ameriprise Q2 adjusted EPS rises 15% to $8.53; GAAP EPS falls 2% to $8.02

Positive Impact 3 of 5 earnings Written later

Ameriprise reported second quarter 2024 results on July 24, 2024. Adjusted operating earnings per diluted share rose 15% to $8.53 from $7.44 a year earlier, while GAAP net income per diluted share fell 2% to $8.02, which the company attributed mainly to market impacts on derivatives and market risk benefits. Shareholders also received $693 million in capital returns during the quarter.

Key points

  • Adjusted operating EPS was $8.53 versus $7.44 a year ago; excluding $0.19 of severance expense, it was $8.72.
  • GAAP net income was $829 million versus $890 million a year ago, and GAAP EPS was $8.02 versus $8.21.
  • Adjusted operating net revenues rose 9%, and total net revenues were $4.22 billion versus $3.88 billion.
  • The company returned $693 million to shareholders, including $542 million in share repurchases.

The filing

CompanyAmeriprise Financial (AMP)
Form8-K, current report
Filed with the SECJul 24, 2024, 4:11 PM ET
Accession number0000820027-24-000065

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.