Ameriprise reports Q1 adjusted EPS $11.26, consensus $10.21

Reports Q1 revenue $4.81B, consensus $4.7B. Perspective from Jim Cracchiolo, Chairman and Chief Executive Officer, “Ameriprise (AMP) 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.”