Ameriprise Financial Reports First Quarter 2021 Results
Ameriprise Financial, Inc. (NYSE:AMP):
Earnings Per Diluted Share
Return on Equity, ex AOCI (1)
Q1 2021
Q1 2021
GAAP
$3.58
GAAP
(1.1)%
Adjusted Operating
$5.43
Adjusted Operating
29.9%
Ameriprise increased its quarterly dividend 9 percent to $1.13 per share
First quarter adjusted operating earnings per diluted share was $5.43. The prior year period included a tax benefit from a projected net operating loss (NOL) of $1.12 per diluted share. Excluding this impact, adjusted operating EPS increased 27 percent from $4.29 reflecting strong business growth.
Perspective from Jim Cracchiolo, Chairman and Chie