AMPAmeriprise Financial, Inc.

$43B

Q2 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.0B+14.8% YoY

Gross Profit

$2.4B59.2% margin

Operating Income

$1.4B35.7% margin

Net Income

$890M22.2% margin

EPS (Diluted)

$8.21

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$561M

Free Cash Flow

$518M

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$169.8B

Total Liabilities

$165.7B

Stockholders' Equity

$4.1B

Cash & Equivalents

$7.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.5B	+14.8%
Gross Profit	$2.4B	$2.4B	-0.3%
Operating Income	$1.4B	$1.5B	-4.7%
Net Income	$890M	$614M	+45.0%

Revenue Segments

Advice and Wealth Management

$2.5B60%

Retirement and Protection Solutions

$858M21%

Asset Management Segment

$808M20%

AMP Q2 2023 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena