Ameriprise Financial reports mixed Q3 2026 results

Ameriprise Financial reported third-quarter 2026 revenue of $5.19 billion, representing a 9.7% increase year-on-year and exceeding Wall Street consensus estimates of $5.06 billion.

Despite the revenue beat, the company’s non-GAAP adjusted earnings per share (EPS) of $11.26 fell 4.3% below analysts' consensus estimates of $11.77. The company reported a pre-tax profit of $1.43 billion, maintaining a 27.5% margin.

Following the release, Ameriprise Financial shares remained flat at $489.15. The company's two-year annualized revenue growth of 9.3% currently sits above its five-year compounded annual growth rate of 8.3%.