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Ameriprise Financial's shares fell about 1.4% after it reported third-quarter 2026 results, extending a roughly 10% slide over three months. Adjusted operating earnings per share were about $12.47. Revenue rose about 6.1% to $5,191 million from $4,893 million a year earlier. Net income climbed about 23.5% to $1,126 million, and net profit margin improved to 20.7% from 19.6%. Assets under management grew about 9.2% to $1,446.3 billion. In Advice & Wealth Management, net revenues rose 13% and pretax operating earnings reached $989 million, with a margin near 29%. Adviser departures remain a risk. One advisory team with about $8.1 billion in client assets has left, though the firm added 79 experienced advisers and completed the Huntington transition.

Ameriprise Financial, Inc. (NYSE:AMP) announces quarterly dividend of $1.70. October 30, 2026 Key points. * Ameriprise Financial declared a quarterly dividend of $1.70 per share, payable November 27 to shareholders of record on November 9. The dividend equates to $6.80 annually and a 1.4% yield. * The company has increased its dividend for 21 consecutive years, with a low 17.2% payout ratio, indicating substantial earnings coverage. * Ameriprise reported quarterly EPS of $11.26, below the $11.77 analyst consensus, while revenue rose 6.8% year over year to $5.08 billion. Analysts' average rating is "Hold," with a consensus price target of $557. * MarketBeat previews the top five stocks to own by November 1st. Ameriprise Financial, Inc. (NYSE:AMP - Get Free Report) announced a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 9th will be paid a dividend of $1.70 per share by the financial services provider on Friday, November 27th. This represents a $6.80 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, November 9th. Ameriprise Financial has increased its dividend payment by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 21 years. Ameriprise Financial has a dividend payout ratio of 17.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Ameriprise Financial to earn $50.85 per share next year, which means the company should continue to be able to cover its $6.80 annual dividend with an expected future payout ratio of 13.4%. Ameriprise Financial stock performance. NYSE AMP opened at $498.61 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.71 and a quick ratio of 0.71. Ameriprise Financial has a 1-year low of $422.37 and a 1-year high of $572.56. The company has a market cap of $44.82 billion, a P/E ratio of 12.03, a P/E/G ratio of 1.05 and a beta of 1.16. The stock has a 50-day moving average of $520.69 and a two-hundred day moving average of $493.07. Ameriprise Financial (NYSE:AMP - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The financial services provider reported $11.26 EPS for the quarter, missing analysts' consensus estimates of $11.77 by ($0.51). Ameriprise Financial had a return on equity of 64.19% and a net margin of 20.24%. The firm had revenue of $5.08 billion for the quarter, compared to analysts' expectations of $5.10 billion. During the same quarter in the previous year, the company posted $9.92 EPS. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. As a group, analysts anticipate that Ameriprise Financial will post 46.13 EPS for the current year. Analysts set new price targets. Several equities research analysts have recently weighed in on the company. Jefferies Financial Group lowered their price objective on Ameriprise Financial from $645.00 to $638.00 in a research note on Monday, October 12th. Weiss Ratings raised Ameriprise Financial from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, September 3rd. Raymond James Financial raised their target price on Ameriprise Financial from $582.00 to $638.00 and gave the stock a "strong-buy" rating in a research report on Friday, August 21st. Zacks Research downgraded shares of Ameriprise Financial from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 21st. Finally, Evercore decreased their price target on shares of Ameriprise Financial from $625.00 to $623.00 in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ameriprise Financial presently has an average rating of "Hold" and a consensus price target of $557.00. About Ameriprise Financial. Ameriprise Financial, Inc NYSE: AMP is a diversified financial services company that provides advice, wealth management, asset management, insurance and retirement solutions. Through its network of financial advisors and digital platforms, the company serves individuals, families, businesses and institutions with financial planning, investment management and related services. Its products and services include brokerage and advisory accounts, mutual funds and exchange-traded funds, retirement plans, annuities, life and long-term care insurance, banking services and financial planning. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Ameriprise Financial, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ameriprise Financial wasn't on the list. While Ameriprise Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Looking for higher dividend income in 2027? Discover seven high-yield dividend stocks with attractive payouts, proven dividend histories and growth potential. Continue following MarketBeat

Judge bars Ameriprise broker from using Citizens client names recalled from memory. by Ali Hibbs October 29, 2026 A federal judge in Boston temporarily barred an Ameriprise Financial advisor from using client names recalled from memory to contact Citizens Securities customers, according to an order on Wednesday. U.S. District Judge Allison Burroughs found that Darrell Smith's recollection of names and subsequent notification to clients of his move to Ameriprise likely violated his employment agreements, according to the order. Citizens had sued Smith and Ameriprise on October 16 accusing them of unfair competition and other claims. The ruling restrains Smith while Citizens will make its case for a permanent injunction and damages in arbitration with the Financial Industry Regulatory Authority. Smith, who had spent 18 years with Citizens before leaving in September, told the court that he had recalled the names of around 150 customers, found their contact information through public sources and contacted some of them to announce his move. Around 111 clients with $120 million in assets had followed Smith to Ameriprise at their own request, according to Smith. Citizens wrote in its petition for the injunction that he had managed around $194 million in assets. Burroughs declined to extend the injunction to cover Ameriprise, which Citizens had named as a defendant. Citizens had acknowledged during a hearing that it had no direct evidence of Ameriprise's involvement in the allegations. It had initially claimed that Ameriprise had assembled a team to help transfer accounts. "These allegations are without merit, and we look forward to presenting our case in arbitration," an Ameriprise spokesperson said in a statement. The firm said it is committed to supporting advisor transitions in a way that complies with legal and regulatory requirements. Burroughs based her ruling on the grounds that Citizens' contracts explicitly banned advisors from announcing their moves to customers and cited prior court rulings that found memorization of a client list constituted removal of confidential information. Smith argued the provision "contradicts industry standards" and that his ethical and fiduciary duties required him to contact clients. Citizens countered that any ethical duties were only owed when giving financial advice, which he did not claim to do on those calls. Burroughs relied on a July ruling by another judge in the same court in Citizens' suit against Scott Coppock, a former advisor who also left for Ameriprise. Ameriprise was not named as a defendant in that case. That court in the Cappock ruling held that under Rhode Island law, which governs both advisors' agreements, a client list committed to memory can still be considered confidential information. While Smith argued that his public-record searches occurred after his resignation, Burroughs said he didn't deny that he learned the names while at Citizens. Citizens' complaint included trade secret claims against both defendants and an unfair competition claim against Ameriprise under a Massachusetts state law that allows up to triple damages for willful or knowing violations. Smith's lawyer and a spokesperson for Citizens did not immediately respond to requests for comment on Thursday. Ameriprise also did not immediately respond. Wells last updated the threshold in 2022 and since then advisor annual revenue has risen 57% on average, according to the firm. Oct 29, 2026 Oct 28, 2026