AMP Q1 2023 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena

AMPAmeriprise Financial, Inc.

$43B

Q1 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.8B+6.0% YoY

Gross Profit

$2.3B58.7% margin

Operating Income

$1.3B34.6% margin

Net Income

$417M10.8% margin

EPS (Diluted)

$3.79

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$1.0B

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$166.6B

Total Liabilities

$162.5B

Stockholders' Equity

$4.1B

Cash & Equivalents

$8.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.6B	+6.0%
Gross Profit	$2.3B	$2.2B	+1.2%
Operating Income	$1.3B	$1.3B	+2.8%
Net Income	$417M	$825M	-49.5%

Revenue Segments

Advice and Wealth Management

$2.4B59%

Retirement and Protection Solutions

$824M21%

Asset Management Segment

$799M20%