Ameriprise Financial Q4 profit rises: GAAP EPS $10.58 vs $3.57, revenue up 13%
Ameriprise Financial reported fourth quarter 2024 GAAP net income of $1,071 million, or $10.58 per diluted share, compared with $377 million, or $3.57, a year earlier. Adjusted operating earnings per diluted share excluding unlocking and other items rose 23% to $9.54, and total net revenues rose 13% to $4,501 million. For shareholders, the filing also shows the company returned $768 million of capital in the quarter, while distribution expenses rose 24% to $1,616 million.
Key points
- Q4 2024 GAAP net income $1,071 million, or $10.58 per diluted share, versus $377 million, or $3.57, in Q4 2023
- Q4 2024 adjusted operating EPS excluding unlocking and other items $9.54, up 23% from $7.75
- Full year 2024 adjusted operating EPS excluding unlocking and other items $35.79, up 17% from $30.46
- Capital returned to shareholders was $768 million in Q4 2024 and $2.8 billion for the full year
The filing
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 January 29, 2025.
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.