NYSE$AMP

Ameriprise Financial Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Ameriprise reported Q3 2025 total revenues of $4.89B with net income of $912M ($9.33 per diluted share).

Total revenues rose to $4.89 billion with total net revenues of $4.79 billion. Net income was $912 million and diluted EPS was $9.33 as wealth management and asset management flows remained strong.

  • Q3 total revenues $4.89B.
  • Net income $912M; diluted EPS $9.33.
  • Management and financial advice fees $2.81B.
  • Pretax income $1.17B.

Headline financials

Total Revenue

$4.89B

Previous: $4.56B+7.3%
EPS (adj)

$9.33

Previous: $5.00+86.6%
Total AUM, Administration & Advisement

$1.7T

Previous: $1.54T+10.5%
AWM AUM

$1.14T

Previous: $1.02T+11.1%
Asset Management AUM & AUA

$714B

Previous: $705B+1.2%
Adjusted Operating ROE, ex AOCI

52.8%

No prior period
Pretax Adjusted Operating Margin

26.2%

Previous: 24.1%+8.7%
AWM Pretax Adjusted Operating Margin

29.5%

Previous: 30.1%-2.0%
Asset Management Net Pretax Adjusted Operating Margin

42.1%

Previous: 40.9%+2.9%
AWM Total Client Net Flows

$3.4B

No prior period
AWM Wrap Net Flows

$4.8B

No prior period
AWM Revenue Per Advisor (TTM)

$1.09M

No prior period
Asset Management Total Net AUM & AUA Flows

-$3.44B

Previous: -$2.37B-45.4%
Retirement & Protection Solutions Sales

$1.4B

No prior period
Free Cash Flow

$912M

Previous: $511M+78.5%
Net Income

$912M

Previous: $511M+78.5%
Operating Income

$3.2B

Previous: $2.72B+17.9%
Gross Profit

$4.4B

Previous: $4B+10.0%

Revenue & EPS history

Ameriprise · Revenue · Quarterly

$4.89B

Q3 2025+7.3%vs Q3 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Ameriprise · $4.11B total across 3 segments · Q3 2023

  • Advice & Wealth Management
    $2.41B+12.6%
  • Retirement & Protection Solutions
    $876M+11.5%
  • Asset Management
    $826M+0.4%

Forward guidance

Wealth and asset management flows and capital return remain central; no quarterly EPS guide in the 10-Q.

Tailwinds

  • Advice and wealth fees resilient.
  • Strong pretax margin in Advice & Wealth.
  • Dividend and buyback capacity.

Headwinds

  • Market sensitivity to AUM levels.
  • Rate and credit cycle impacts.
  • Regulatory changes to advice models.

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 Q3 2025

Historical avgQ3 2025

+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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