AMP Q3 2024 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena

AMPAmeriprise Financial, Inc.

$43B

Q3 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.6B+11.9% YoY

Gross Profit

$2.5B55.5% margin

Operating Income

$1.6B34.1% margin

Net Income

$511M11.2% margin

EPS (Diluted)

$5.00

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$3.0B

Free Cash Flow

$3.0B

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$186.0B

Total Liabilities

$180.3B

Stockholders' Equity

$5.7B

Cash & Equivalents

$10.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$4.1B	+11.9%
Gross Profit	$2.5B	$2.6B	-2.5%
Operating Income	$1.6B	$1.7B	-6.1%
Net Income	$511M	$872M	-41.4%

Revenue Segments

Advice and Wealth Management

$2.9B61%

Retirement and Protection Solutions

$973M20%

Asset Management Segment

$882M19%