AMP Q3 2023 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena

AMPAmeriprise Financial, Inc.

$43B

Q3 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.1B+16.5% YoY

Gross Profit

$2.6B63.7% margin

Operating Income

$1.7B40.7% margin

Net Income

$872M21.4% margin

EPS (Diluted)

$8.14

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$925M

Free Cash Flow

$875M

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$165.1B

Total Liabilities

$161.3B

Stockholders' Equity

$3.8B

Cash & Equivalents

$7.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$3.5B	+16.5%
Gross Profit	$2.6B	$2.2B	+20.1%
Operating Income	$1.7B	$1.2B	+32.9%
Net Income	$872M	$1.1B	-17.8%

Revenue Segments

Advice and Wealth Management

$2.6B60%

Retirement and Protection Solutions

$876M21%

Asset Management Segment

$826M19%