Ameriprise Q3 adjusted EPS beats expectations as AUM hits record high

Ameriprise Financial

30/10/2025 11:43

Overview

Ameriprise Q3 adjusted EPS of $9.87 beats analyst expectations

Assets under management, administration, and advisement reached a record $1.7 trillion, up 8%

Company returned $842 mln to shareholders, 87% of adjusted operating earnings

Outlook

Ameriprise did not provide specific financial guidance for future periods

Result Drivers

ASSET GROWTH - Record high assets under management, administration, and advisement of $1.7 trillion, up 8%

EXPENSE DISCIPLINE - General and administrative expenses improved 3% due to strategic initiatives for operational transformation

CAPITAL RETURN - Increased return of capital to shareholders to $842 mln, 87% of adjusted operating earnings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$9.87
$9.72 (12 Analysts)
Q3 EPS
$9.33
Q3 Net Income
$912 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for Ameriprise Financial Inc is $566.00, about 15.5% above its October 29 closing price of $478.54

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw61Ff1Pa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)