MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Ameriprise Financial Services Inc. (AMP) on Thursday reported fourth-quarter net income of $1.01 billion.
On a per-share basis, the Minneapolis-based company said it had profit of $10.47. Earnings, adjusted for non-recurring costs, came to $10.83 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $10.29 per share.
The financial services company posted revenue of $4.96 billion in the period. Its adjusted revenue was $4.92 billion, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $4.71 billion.
For the year, the company reported profit of $3.56 billion, or $36.28 per share. Revenue was reported as $18.17 billion.
Ameriprise shares have risen nearly 2% since the beginning of the year, while the S&P’s 500 index has risen almost 2%. The stock has fallen 13% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMP at https://www.zacks.com/ap/AMP
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
