Ameriprise Financial, Inc. · AMP · FY2024 Q4 · Calendar Q1 2025

Ameriprise emphasizes wealth inflows, capital return and technology investment

The supplied analysis supports a constructive but qualified view: strong wealth-management flows, capital returns and technology investment support the growth narrative, while rate sensitivity, cash balances and execution risks are important offsets.

Reported After market closeNYSEFinancial Services $44.24B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $9.07
EPS surprise — Reported versus consensus
Reported revenue — Consensus $4.49B
Revenue surprise — Reported versus consensus

Market reaction

event-close to next-session close
Stock move -4.7% Event window
SPY move +0.5% Same window
Abnormal move -5.3% Stock minus SPY
Volume 2.6× Versus trailing sessions
Subsequent drift -1.9% Up to 20 sessions
AMPSPY benchmark

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Transcript intelligence

What changed

Relative to the prior-quarter analysis, management continued the growth and capital-return focus while adding emphasis on the bank portfolio's fixed-rate mix and AI-enabled productivity. The supplied analysis also identifies ongoing attention to rate-sensitive income, elevated cash balances and execution of new products.

Guidance delta

Maintained; no new quantitative guidance change is supplied.

Key takeaways

  • Management highlighted strong fourth-quarter performance and record return on equity.
  • Wealth Management remained the central growth engine, with wrap-platform expansion and client inflows emphasized.
  • The company is investing in bank products, active ETFs, technology and AI while continuing capital returns.
  • The bank portfolio shift toward fixed-rate securities is intended to support net interest income in a softer-rate environment.

Management priorities

  • Expand the wrap platform and related wealth-management offerings.
  • Launch bank products and broaden active ETFs and SMA capabilities.
  • Scale intelligent automation and test generative AI for adviser productivity and client service.
  • Continue capital returns and targeted share buybacks.

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Earnings History

Estimate Beat Miss Match
AMP EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q1 '24 estimate $8.20 Q1 '24 actual $8.39, beat Q2 '24 estimate $8.53 Q2 '24 actual $8.72, beat Q3 '24 estimate $8.93 Q3 '24 actual $8.83, miss Q2 '25 estimate $9.00 Q2 '25 actual $9.11, beat Q3 '25 estimate $9.77 Q3 '25 actual $9.92, beat Q4 '25 estimate $10.34 Q4 '25 actual $10.83, beat Q1 '26 estimate $10.21 Q1 '26 actual $11.26, beat Q2 '26 estimate $10.81 Q2 '26 actual $11.07, beat Q3 '26 estimate $11.77 Q4 '26 estimate $12.38 Q1 '27 estimate $12.23 Q2 '27 estimate $12.53
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Analyst Consensus ?

ConsensusBuy22 ratings
Bullish1150.0%
Neutral1045.5%
Bearish14.5%

Analyst 52W Price Targets

$500.8Current
$330Low
$509.11Average
$645High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 18, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Morgan Stanley Underweight UnderweightMaintainOct 9, 2026
Evercore ISI Group In Line In LineMaintainOct 7, 2026
BMO Capital Market Perform Market PerformMaintainOct 6, 2026
Argus Research Buy BuyMaintainJul 31, 2026
RBC Capital Outperform OutperformMaintainJul 24, 2026
Keefe, Bruyette & Woods Market Perform Market PerformMaintainJul 24, 2026
Piper Sandler Neutral NeutralMaintainJul 13, 2026
Jefferies Buy BuyMaintainJul 10, 2026
William Blair Market Perform OutperformDowngradeJul 25, 2025
Raymond James Strong Buy Strong BuyMaintainJul 25, 2025
UBS Neutral BuyDowngradeJan 6, 2025
Goldman Sachs Buy BuyMaintainMar 27, 2024
Credit Suisse Outperform OutperformMaintainFeb 1, 2023
B of A Securities Buy BuyMaintainSep 7, 2022
Citigroup Buy BuyMaintainJun 21, 2021
Barclays Overweight OverweightMaintainApr 12, 2021
CFRA Buy BuyMaintainMay 13, 2020
SunTrust Robinson Humphrey Hold HoldMaintainOct 26, 2017
Deutsche Bank Hold BuyDowngradeOct 14, 2016
Wells Fargo Market Perform OutperformDowngradeJan 13, 2016
Keefe Bruyette & Woods Outperform OutperformMaintainOct 12, 2015
Sterne Agee Neutral NeutralMaintainOct 13, 2014
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Named analyst price targets

Upside is calculated against the persisted current price $500.8. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Morgan StanleyAnalyst unavailable$483$499.08 -3.6%Oct 9, 2026
Capital One FinancialBrennan Hawken$520$496.67 +3.8%Oct 6, 2026
Raymond JamesAnalyst unavailable$570$490.91 +13.8%Oct 5, 2026
Raymond JamesAnalyst unavailable$638$558.26 +27.4%Aug 21, 2026
Piper SandlerAnalyst unavailable$518$506.76 +3.4%Jul 13, 2026
Morgan StanleyMichael Cyprys$489$506.62 -2.4%Jul 10, 2026
JefferiesSuneet Kamath$645$500.16 +28.8%Jul 10, 2026
Piper SandlerCrispin Love$471$467.19 -6.0%May 4, 2026
Morgan StanleyAnalyst unavailable$467$479.63 -6.7%Apr 30, 2026
BMO CapitalBrennan Hawken$490$455.71 -2.2%Apr 24, 2026
RBC CapitalAnalyst unavailable$560$456.59 +11.8%Apr 21, 2026
Morgan StanleyAnalyst unavailable$452$441.86 -9.7%Apr 10, 2026
Raymond JamesWilma Burdis$582$488.19 +16.2%Feb 11, 2026
RBC CapitalKenneth Lee$605$529.47 +20.8%Feb 2, 2026
Piper SandlerJohn Barnidge$530$521.36 +5.8%Jan 29, 2026
Morgan StanleyAnalyst unavailable$485$489.17 -3.2%Dec 22, 2025
Evercore ISIAnalyst unavailable$570$490.17 +13.8%Oct 9, 2025
Morgan StanleyAnalyst unavailable$484$486.62 -3.4%Oct 1, 2025
Morgan StanleyMichael Cyprys$462$519.55 -7.7%May 15, 2025
Morgan StanleyMichael Cyprys$509$514.04 +1.6%Oct 30, 2024
Goldman SachsAlexander Blostein$476$463.09 -5.0%Sep 25, 2024
RBC CapitalKenneth Lee$500$432.05 -0.2%Jul 30, 2024
UBSBrennan Hawken$495$429.25 -1.2%Jul 9, 2024
Argus ResearchKevin Heal$460$418.95 -8.1%May 6, 2024
Morgan StanleyMichael Cyprys$445$412.86 -11.1%Apr 24, 2024
Morgan StanleyMichael Cyprys$437$435.77 -12.7%Apr 9, 2024
Piper SandlerJohn Barnidge$392$428.89 -21.7%Apr 5, 2024
Morgan StanleyAnalyst unavailable$345$320.45 -31.1%Jan 10, 2023
UBSAnalyst unavailable$370$324.71 -26.1%Jan 9, 2023
Goldman SachsAnalyst unavailable$330$332.97 -34.1%Nov 23, 2022
Morgan StanleyAnalyst unavailable$340$316.94 -32.1%Nov 17, 2022
Piper SandlerAnalyst unavailable$220$223.12 -56.1%Jul 15, 2022
Piper SandlerAnalyst unavailable$231$238.27 -53.9%Jul 8, 2022
Piper SandlerJohn Barnidge$253$235.1 -49.5%Jun 21, 2022
Piper SandlerAnalyst unavailable$275$274.33 -45.1%May 27, 2022
UBSAnalyst unavailable$350$267.4 -30.1%Apr 26, 2022
Morgan StanleyAnalyst unavailable$330$280.96 -34.1%Apr 26, 2022
JefferiesSuneet Kamath$350$293.04 -30.1%Apr 9, 2022
Piper SandlerJohn Barnidge$310$292.26 -38.1%Apr 6, 2022
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Company context

Snapshot as of publication

Ameriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment consists of financial planning and advice, as well as full-service brokerage services for retail clients through financial advisors.…

Historical context

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-01-17T16:15:01.552645+00:00
  3. Polygon adjusted daily market bars · 2026-10-18T14:40:42.263242+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-18T14:40:42.260318+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-18. For educational purposes only; not investment advice.