Earnings Call
Jul 23, 2026
Q2 FY2026
EPS Estimate
10.81
EPS Actual
11.07
Post-Earnings Close
$528.90
Earnings Reaction
+1.7%
Ameriprise posted a strong second quarter, with EPS of $11.07 beating the consensus estimate of $10.81, a 22% year-over-year increase driven by operating leverage, share buybacks, and broad-based revenue growth. Revenues reached $4.9 billion, up 13%, as total assets under management, administration, and advisement climbed 14% to a record $1.8 trillion. Pretax adjusted operating earnings rose 14%, and return on equity expanded to 55% from 51.5% a year ago, a figure management rightly characterizes as best-in-class across financial services. The firm returned 91% of operating earnings to shareholders in the quarter, repurchasing 1.7 million shares at an average price of $459, and has increased capital return 25% in the first half of 2026 to $1.9 billion.
Report generated on Jul 24, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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