Albert Anthony is a Croatian-American media personality and Analyst for financial media platforms Investing.com and Seeking Alpha, where he has grown over +1K followers since 2023. Writing general markets commentary and opinion as The Analyst, he has covered over +200 companies in multiple sectors, with a focus on dividend stocks. The author grew up in the NYC area and has also called home Austin Texas and his parents' native Croatia, where he took part in many business/innovation conferences as a business ...

Financial Performance - Adjusted operating earnings for the three months ended March 31, 2025, were $950 million, up 8.2% from $878 million in the same period of 2024[252]. - The net income for the twelve months ended March 31, 2025, was $2.994 billion, a decrease of 4.3% compared to $3.129 billion in 2024[255]. - Total revenues for the three months ended March 31, 2025, were $4,481 million, an increase of $156 million, or 4%, compared to the prior year period[264]. - Net income decreased by $407 million, or 41%, to $583 million for the three months ended March 31, 2025, compared to $990 million in the prior year[264]. - Adjusted operating earnings per diluted share increased to $9.50, up from $8.39, representing a growth of 13.3%[252]. Assets Under Management - As of March 31, 2025, Ameriprise Financial has $1.5 trillion in assets under management, administration, and advisement, reflecting a 3% increase from $1.45 trillion in the previous year[244][261]. - The total assets under management increased by $19.5 billion, or 2%, from $1.127 trillion in 2024 to $1.146 trillion in 2025[261]. - The Advice & Wealth Management segment's assets under management grew by 10% to $569.1 billion, up from $518.1 billion in the previous year[261]. - Total Assets Under Management (AUM) increased by $19.5 billion, or 2%, to $1.1 trillion as of March 31, 2025, driven by a $51.0 billion increase in Advice & Wealth Management AUM and a $30.7 billion decrease in Asset Management AUM[262]. - Total client assets increased by $68.7 billion, or 7%, to $1.0 trillion as of March 31, 2025, primarily due to market appreciation and client net inflows[280]. Revenue and Fees - Management and financial advice fees increased by $203 million, or 8%, for the three months ended March 31, 2025, reflecting market appreciation and continued wrap account net inflows[265]. - The Advice & Wealth Management segment reported total revenues of $2.9 billion for the three months ended March 31, 2025, a 6% increase from $2.7 billion in the prior year[286]. - Management and financial advice fees rose by $210 million, or 14%, to $1.7 billion, driven by an 18% increase in average advisory wrap account assets, which reached $88.0 billion[287]. Expenses and Costs - Distribution expenses increased by $193 million, or 14%, for the three months ended March 31, 2025, primarily due to higher advisor compensation and investments in recruiting experienced advisors[272]. - Distribution expenses increased by $185 million, or 14%, to $1.6 billion, reflecting higher transactional activity and investments in recruiting experienced advisors[291]. - General and administrative expenses for the Corporate & Other segment decreased by $6 million, or 8%, for the three months ended March 31, 2025, compared to the prior year[318]. Investment and Market Conditions - The S&P 500 daily average increased by 18% from 4,996 in 2024 to 5,899 in 2025, indicating a favorable market environment[258]. - Net investment income decreased by $60 million, or 11%, to $500 million, primarily due to lower average invested assets and unfavorable investment yields[289]. - The anticipated deposit growth is expected to be positively impacted by rising interest rates, which will affect investment portfolio yield[352]. Cash and Liquidity - Total cash balances increased to $86.0 billion as of March 31, 2025, up from $82.4 billion in the prior year, with Ameriprise Bank deposit balances increasing by 7%[283]. - The company maintained substantial liquidity with $7.8 billion in cash and cash equivalents as of March 31, 2025[323]. - The parent company had $1.3 billion in cash, cash equivalents, and unencumbered liquid securities as of March 31, 2025, compared to $856 million as of December 31, 2024[324]. Corporate Actions and Strategy - The company is focusing on a strategy to shift towards lower-risk products, including exiting variable annuities with living benefit riders[352]. - The company anticipates adjusted operating earnings per diluted share growth of 12% to 15% in the upcoming periods[253]. - The company continues to monitor the potential impact of the OECD's Pillar Two model rules on its consolidated financial statements[332].

Ameriprise Financial, Inc. (NYSE:AMP) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Stephanie Rabe - Head, IR Jim Cracchiolo - Chairman & CEO Walter Berman - EVP, CFO & Chief Risk Officer Conference Call Participants Suneet Kamath - Jefferies Steven Chubak - Wolfe Research Alex Blostein - Goldman Sachs Wilma Burdis - Raymond James Tom Gallagher - Evercore ISI Craig Siegenthaler - Bank of America Merrill Lynch John Barnidge - Piper Sandler Ryan Krueger - KBW Operator Welcome ...

Core Viewpoint - Ameriprise Financial (AMP) reported strong first-quarter 2025 adjusted operating earnings of $9.50 per share, exceeding the Zacks Consensus Estimate of $9.12, reflecting a 13% increase year over year [1] Financial Performance - Adjusted operating total net revenues for the quarter were $4.31 billion, a 5% increase year over year, although it fell short of the Zacks Consensus Estimate of $4.38 billion [3] - Total GAAP net revenues were $4.35 billion, also up 5% year over year [3] - Adjusted operating expenses rose to $3.16 billion, an increase of 5% [3] - Net income on a GAAP basis was $583 million or $5.83 per share, down from $990 million or $9.46 per share in the prior-year quarter [2] Assets Under Management - As of March 31, 2025, total assets under management (AUM) and assets under administration (AUA) reached $1.49 trillion, a 3% increase year over year, driven by decent client net inflows [4] Capital Distribution Actions - Ameriprise repurchased 1.2 million shares for $617 million during the quarter and announced a new share repurchase authorization of $4.5 billion through June 30, 2027 [5] - A quarterly cash dividend of $1.60 per share was declared, marking an 8% increase from the previous payout, to be paid on May 19 to shareholders as of May 5 [6] Future Outlook - Elevated expenses, primarily due to technology upgrades, are expected to continue impacting AMP's bottom line, but the company is well-positioned for top-line growth due to its robust AUM balance and business-restructuring initiatives [7]

Here is how Ameriprise performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all Key Company Metrics for Ameriprise here>>> Shares of Ameriprise have returned -6.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Total Assets Under Administration: $314.06 million compared to the $316.39 mil ...

What's Next for Ameriprise? While Ameriprise has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Ameriprise Financial Services (AMP) came out with qu ...

Ameriprise Financial, Inc. Minneapolis, MN NYSE: AMP April 24, 2025 Ameriprise Financial Reports First Quarter 2025 Results | Earnings Per Diluted Share | | Return on Equity, ex AOCI | (1) | | --- | --- | --- | --- | | | Q1 2025 | | Q1 2025 | | GAAP | $5.83 | GAAP | 43.2% | | Adjusted Operating | $9.50 | Adjusted Operating | 52.0% | Authorized New $4.5 Billion Share Repurchase Program Raised Quarterly Dividend 8 Percent Perspective from Jim Cracchiolo, Chairman and Chief Executive Officer "Ameriprise delive ...

Core Viewpoint - Ameriprise Financial, Inc. (AMP) is expected to report increased revenues and earnings for Q1 2025, with a focus on management and financial advice fees as key revenue drivers [1][9]. Revenue Estimates - The Zacks Consensus Estimate for management and financial advice fees is $2.65 billion, reflecting a 10.3% increase year-over-year [3]. - Distribution fees are estimated at $534.9 million, indicating a 5.7% rise [4]. - Premiums, policy, and contract charges are projected at $391.7 million, showing a marginal increase [4]. - Other revenues are expected to reach $132.1 million, representing a 2.4% growth [5]. - Net investment income is estimated at $845.6 million, suggesting a decline of 6.1% [5]. Assets Under Management - Total AUM and AUA are projected to be $1.49 trillion, indicating a 4.8% increase from the previous year [6]. Expense Management - Total adjusted operating expenses are estimated at $3.24 billion, reflecting a year-over-year rise of 7.1% due to technology upgrades and hiring costs [7]. Earnings Estimates - The consensus estimate for earnings is $9.12 per share, indicating an 8.7% increase from the prior year [9]. - Total sales are expected to be $4.39 billion, representing a 7.1% increase [9]. Earnings Surprise Potential - Ameriprise has a positive Earnings ESP of +0.04% and a Zacks Rank of 3, suggesting a high likelihood of beating the consensus earnings estimate [8].

The upcoming report from Ameriprise Financial Services (AMP) is expected to reveal quarterly earnings of $9.12 per share, indicating an increase of 8.7% compared to the year-ago period. Analysts forecast revenues of $4.39 billion, representing an increase of 7.1% year over year.The consensus EPS estimate for the quarter has been revised 3.8% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this ti ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Ameriprise Financial Services (AMP) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...