AMP Q3 2020 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena

AMPAmeriprise Financial, Inc.

$41B

Q3 2020 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.0B-10.1% YoY

Gross Profit

$796M26.4% margin

Operating Income

$34M1.1% margin

Net Income

-$140M-4.6% margin

EPS (Diluted)

$-1.14

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$936M

Free Cash Flow

$891M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$158.7B

Total Liabilities

$152.6B

Stockholders' Equity

$6.1B

Cash & Equivalents

$7.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.4B	-10.1%
Gross Profit	$796M	$1.7B	-52.4%
Operating Income	$34M	$856M	-96.0%
Net Income	-$140M	$543M	-125.8%

Revenue Segments

Advice and Wealth Management

$1.7B52%

Retirement and Protection Solutions

$781M24%

Asset Management Segment

$739M23%