Ameriprise Q3 2026: GAAP EPS $12.32, adjusted EPS misses consensus
Ameriprise's Q3 2026 was a strong GAAP quarter with a softer adjusted result: revenue rose, GAAP EPS jumped to $12.32, but adjusted operating EPS of $11.26 missed the $11.82 consensus after an $0.81 unlocking hit. Read the quarter by separating market marks and unlocking from core flows: capital return was $1.03 billion, while Asset Management had $9.3 billion of net outflows.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $12.32, up 32% from $9.33, but that included favorable market impacts on derivatives and market risk benefits. Adjusted operating EPS was $11.26, below the $11.82 consensus, and it absorbed an $0.81 per-share unlocking charge; excluding unlocking, adjusted EPS was $12.07.
Reported total revenue was $5.19 billion; after banking and deposit interest expense, total net revenue was $5.12 billion, up 7.0% from $4.79 billion a year earlier. Growth came from higher management and financial advice fees, which rose 15% to $3.23 billion.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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