Ameriprise Q2 FY26 GAAP EPS rises 12% to 11.98; revenue climbs 12% to 5.01 billion

Ameriprise Financial, Inc.

AMP

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Ameriprise posted Q2 2026 GAAP earnings per diluted share of USD 11.98, up 12% from a year earlier.
GAAP net income rose 5% to USD 1.11 billion; adjusted operating earnings per diluted share climbed 22% to USD 11.07.
Adjusted operating net revenues increased 13% to USD 4.9 billion; pretax adjusted operating margin widened 0.7 percentage points to 27.2%.
Assets under management, administration and advisement grew 14% to a record USD 1.8 trillion; the firm returned USD 932 million to shareholders.
CEO Jim Cracchiolo cited record firm-wide assets, momentum in fee-based wealth and asset management, and faster AI adoption in advisor workflows.

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