Ameriprise Financial Q1 adjusted EPS rises 16% to $8.39; dividend raised 10%
Ameriprise Financial furnished a press release reporting first quarter 2024 results. Adjusted operating earnings per diluted share rose 16% to $8.39 from $7.25 a year earlier, and adjusted operating net revenues increased 11%. The company also announced a 10% increase in its quarterly dividend and returned $650 million to shareholders during the quarter.
Key points
- Adjusted operating EPS was $8.39 versus $7.25 a year ago, up 16%; GAAP EPS was $9.46 versus $3.79, mainly from market impacts on derivatives and market risk benefits.
- Adjusted operating net revenues rose 11%; total AUM and AUA reached $1.4 trillion, up 15%.
- Quarterly dividend increased 10%, and the company returned $650 million to shareholders in the quarter.
- Pretax adjusted operating margin was 26.3%; adjusted operating return on equity, ex AOCI, was 49.0%.
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 April 22, 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.