Ameriprise Financial, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on October 30, 2026, reporting third-quarter net income of $1.126 billion and diluted earnings per share of $12.32.

Key Highlights

  • Net income of $1.126 billion for the three months ended September 30, 2026, compared with $912 million in the same period of 2025, according to the filing.
  • Diluted EPS of $12.32 for Q3 2026, up from $9.33 in Q3 2025, as reported in the consolidated statements of operations.
  • Total net revenues of $5.117 billion for the third quarter of 2026, compared with $4.791 billion in Q3 2025.
  • Management and financial advice fees of $3.230 billion in Q3 2026, versus $2.811 billion in Q3 2025.
  • Total assets of $191.350 billion as of September 30, 2026, compared with $190.904 billion at December 31, 2025.
  • 86,812,469 shares of common stock outstanding as of October 24, 2026, per the cover page disclosure.
  • Common share repurchases of $965 million during Q3 2026, reducing outstanding shares by 1,775,269 during that quarter.

Ameriprise Financial Third-Quarter 2026 Financial Results

According to the filing, Ameriprise Financial (NYSE:AMP) reported total revenues of $5.191 billion for the three months ended September 30, 2026, up from $4.893 billion in the prior-year quarter. After deducting banking and deposit interest expense of $74 million, total net revenues reached $5.117 billion. Pretax income for the quarter was $1.427 billion, compared with $1.174 billion in Q3 2025, and the income tax provision was $301 million, resulting in net income of $1.126 billion. For the nine months ended September 30, 2026, the filing reported net income of $3.154 billion and diluted earnings per share of $33.95, against $2.555 billion and $25.83 in the comparable prior-year period.

The consolidated balance sheet disclosed total assets of $191.350 billion as of September 30, 2026. Separate account assets stood at $78.275 billion, while policyholder account balances, future policy benefits and claims totaled $49.554 billion. Total equity declined to $5.110 billion from $6.549 billion at December 31, 2025, driven in part by accumulated other comprehensive loss of $(2.642) billion, which reflected net unrealized losses on securities of $(2.011) billion for the nine-month period. Long-term debt was $3.324 billion at September 30, 2026, compared with $3.077 billion at December 31, 2025.

The filing disclosed that the company repurchased 1,775,269 common shares for $965 million during the third quarter of 2026, and paid dividends to shareholders of $155 million in the same period. Treasury shares stood at a cost of $33.189 billion as of September 30, 2026. Total comprehensive loss for Q3 2026 was $(240) million, reflecting the net income of $1.126 billion offset by other comprehensive loss of $(1.366) billion, net of tax. The company is classified as a large accelerated filer.

What Was Disclosed

Ameriprise Financial filed its quarterly report covering the period ended September 30, 2026, disclosing third-quarter net income of $1.126 billion, diluted EPS of $12.32, total assets of $191.350 billion, and $965 million in share repurchases during the quarter.