Ameriprise Financial Reports First Quarter 2026 Results

MINNEAPOLIS, Minnesota, April 24 -- Ameriprise Financial, a provider of investment advice, asset management and insurance capabilities, issued the following news release:

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Ameriprise Financial Reports First Quarter 2026 Results

Raised Quarterly Dividend 6 Percent

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Perspective from Jim Cracchiolo, Chairman and Chief Executive Officer

"Ameriprise delivered a strong start to the year, with significant revenue and earnings growth driven by the durability of our business and consistent execution of our strategy.

In an environment of heightened market volatility and uncertainty, clients remain highly engaged and well-served by our personalized advice, expert investment perspective and broad product range.

We continue to invest across the business with a clear long-term focus - further enhancing our strong client experience, solutions, technology and AI capabilities.

Our capital strength remains a clear differentiator. During the quarter, we returned 88% of operating earnings to shareholders and today announced an additional 6% increase in our quarterly dividend, further reinforcing our confidence in the business and strong track record of generating shareholder value."

* First quarter adjusted operating earnings per diluted share increased 19 percent to a record $11.26, reflecting continued asset growth.

* First quarter GAAP net income per diluted share was $9.68 compared to $5.83 a year ago due to market impacts on the valuation of derivatives and market risk benefits.

* Assets under management, administration and advisement grew to $1.7 trillion, up 12 percent.

* Adjusted operating net revenues increased 11 percent to $4.8 billion primarily from asset growth and strong client engagement.

* Pretax adjusted operating margin was strong at 28 percent.

* During the quarter, Huntington National Bank selected Ameriprise Financial as its new retail investment program provider, which will bring approximately 260 financial advisors and nearly $28 billion in combined advisory, brokerage and insurance assets to the company.

* Balance sheet fundamentals continued to be a core differentiator. The company generated and returned significant capital to shareholders with $936 million, or 88 percent of operating earnings, returned in the quarter. Return on equity remains distinguished in the industry at 54 percent(1).

* Ameriprise earned one of the highest investor satisfaction scores in the JD Power 2026 U.S. Investor Satisfaction StudySM, ranking third in the advised investors segment.

* Columbia Threadneedle Investments ranked in the top 10 across all time periods in the Barron's Best Fund Families of 2025 ranking.

The full press release and other earnings materials are available on the Investor Relations site at ir.ameriprise.com.

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(1) Return on equity excluding AOCI is calculated on a trailing 12-month basis.

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Original text here: https://www.ameriprise.com/newsroom/news-releases/ameriprise-financial-reports-first-quarter-2026-results