NYSE$AMP

Ameriprise Financial Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Ameriprise reported strong second quarter results, driven by organic growth and strategic actions.

Ameriprise Financial reported a strong second quarter with adjusted operating earnings per diluted share of $5.27, a 39% increase from the prior year excluding a negative prior year period tax impact. Adjusted operating net revenue was $3.4 billion, a 22% increase from strong organic growth. Assets under management and administration were up 28% to $1.2 trillion, a record high. The company returned $585 million of capital to shareholders.

  • Adjusted operating earnings per diluted share was $5.27, up 39% year-over-year excluding a prior year tax impact.
  • Adjusted operating net revenue increased 22% to $3.4 billion due to strong organic growth.
  • Assets under management and administration grew 28% to a record $1.2 trillion.
  • The company returned $585 million of capital to shareholders, representing 92% of adjusted operating earnings.

Headline financials

Total Revenue

$3.42B

Previous: $2.73B+25.3%
EPS (adj)

$5.27

Previous: $2.64+99.6%
Total AUM, Administration & Advisement

$1.21T

No prior period
AWM AUM

$427B

Previous: $630B-32.3%
Free Cash Flow

$591M

Previous: -$539M+209.6%
Net Income

$591M

Previous: -$539M+209.6%
Operating Income

$1.95B

Previous: $412M+374.3%
Gross Profit

$2.83B

Previous: $1.25B+126.5%
Cash & Equivalents

$8.83B

Previous: $10.1B-12.7%
Total Assets

$172B

Previous: $155B+10.8%
Stock-Based Comp

$39M

Previous: $36M+8.3%

Revenue & EPS history

Ameriprise · Revenue · Quarterly

$3.42B

Q2 2021+25.3%vs Q2 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Ameriprise · $3.79B total across 4 segments · Q2 2021

  • Advice & Wealth Management
    $1.98B+28.8%
  • Asset Management
    $879M+31.6%
  • Retirement & Protection Solutions
    $808M-3.8%
  • Corporate & Other
    $119M

Forward guidance

Full year operating effective tax rate is expected to be approximately 17 percent.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.5%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+3.4%

Avg return

30 days after

53%

39 / 73 earnings

Positive

+9.9%

Q1 2020

Best reaction

-8.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%+3.4%-1.5%
Q4 2025+4.3%+1.5%-3.3%
Q3 2025-0.3%+1.1%+0.4%
Q2 2025-2.1%-1.6%-3.2%
Q1 2025+0.5%-0.0%+6.9%
Q4 2024-4.2%-6.1%-6.0%
Q3 2024-3.0%-1.2%+10.1%
Q2 2024+4.8%+2.5%+4.3%
Q1 2024-2.2%-1.7%+5.0%
Q4 2023+0.9%+1.4%+5.0%
Q3 2023+0.9%+0.7%+12.1%
Q2 2023-1.7%-1.8%-5.8%
Q1 2023-7.7%-2.9%-6.7%
Q4 2022+1.9%+0.7%-0.4%
Q3 2022+7.7%+14.9%+22.4%
Q2 2022+4.3%+9.7%+15.3%
Q1 2022-5.5%-5.2%-5.3%
Q4 2021+1.7%+1.9%+1.4%
Q3 2021-0.6%+1.4%+1.5%
Q2 2021+0.3%+3.5%+9.6%
Q1 2021+3.0%+3.7%+2.6%
Q4 2020-2.2%-4.9%+4.7%
Q3 2020-0.8%+1.3%+17.5%
Q2 2020-1.3%+1.1%+3.1%
Q1 2020+9.9%+11.9%+40.5%
Q4 2019+3.3%+1.4%-14.4%
Q3 2019+5.0%+7.3%+12.2%
Q2 2019-1.4%+0.4%-16.5%
Q1 2019+0.1%+2.0%+1.1%
Q4 2018+4.3%+4.7%+8.9%
Q3 2018-7.9%-8.4%-7.2%
Q2 2018+1.6%+4.0%-2.8%
Q1 2018-0.7%-1.4%-1.1%
Q4 2017-2.9%-0.5%-10.1%
Q3 2017+1.9%+4.2%+3.5%
Q2 2017+5.2%+5.0%+0.6%
Q1 2017+1.9%-0.5%-5.2%
Q4 2016+5.0%+9.9%+18.5%
Q3 2016-8.0%-8.9%+16.0%
Q2 2016-0.8%-0.5%+1.2%
Q1 2016-2.1%
Q4 2015-5.9%
Q3 2015+1.6%
Q2 2015-1.1%
Q1 2015-2.4%
Q4 2014-0.6%
Q3 2014+4.4%
Q2 2014+1.6%
Q1 2014+5.8%
Q4 2013+1.9%
Q3 2013+1.9%
Q2 2013+1.1%
Q1 2013+2.0%
Q4 2012-1.6%
Q3 2012+3.3%
Q2 2012+4.7%
Q1 2012-1.9%
Q4 2011-0.5%
Q3 2011+4.5%
Q2 2011-0.4%
Q1 2011+1.8%
Q4 2007-1.2%
Q4 2010-1.2%
Q3 2010+1.3%
Q2 2010+1.4%
Q1 2009-4.2%
Q1 2010+2.0%
Q4 2009+1.0%
Q3 2008+5.1%
Q3 2009+5.1%
Q2 2008-1.1%
Q2 2009-1.1%
Q4 2008-1.1%

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