AMP Q2 2020 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena

AMPAmeriprise Financial, Inc.

$41B

Q2 2020 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2.7B-16.8% YoY

Gross Profit

$571M20.9% margin

Operating Income

-$203M-7.4% margin

Net Income

-$539M-19.7% margin

EPS (Diluted)

$-4.31

QoQ Revenue Growth

-22.1%

Cash Flow

Operating Cash Flow

-$190M

Free Cash Flow

-$223M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$154.9B

Total Liabilities

$148.4B

Stockholders' Equity

$6.5B

Cash & Equivalents

$7.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$3.3B	-16.8%
Gross Profit	$571M	$1.7B	-66.3%
Operating Income	-$203M	$871M	-123.3%
Net Income	-$539M	$492M	-209.6%

Revenue Segments

Advice and Wealth Management

$1.6B51%

Asset Management Segment

$668M22%

Annuities

$583M19%

Retirement and Protection Solutions

$257M8%