Ameriprise earnings date, guidance and results
Ameriprise plans to release Q3 results on October 29, 2026. Watch whether recent client outflows are a temporary transition or a lasting loss of relationships.
What has Ameriprise guided for 2026?
The central target is 12.0%–15.0% average growth in adjusted operating earnings per diluted share over time. Asset Management’s full-year general and administrative expense target is 0.0% for 2026, excluding Seligman and other performance-fee compensation. The operating effective tax-rate guidance is 20.0%–22.0% for 2026, while Retirement & Protection Solutions is managed toward a recurring earnings range.
| Period covered | Low | High | Date given | |
|---|---|---|---|---|
| Adjusted operating earnings per diluted share growth | On average, over time | 12.0% | 15.0% | Aug 4, 2026 |
| Adjusted operating return on equity | On average, over time | 30.0% | Aug 4, 2026 | |
| Operating effective tax rate | Year to Dec 2026 | 20.0% | 22.0% | Jul 23, 2026 |
| Asset Management full-year general and administrative expenses, excluding Seligman and other performance fee compensation | Year to Dec 2026 | 0.0% | 0.0% | Jul 23, 2026 |
| Retirement & Protection Solutions pretax adjusted operating earnings | Over time | Jul 23, 2026 |
What this means. The 0.0% means expenses are expected to stay level, not that the company will have no expenses, and it excludes some employee pay.
How has Ameriprise's revenue and profit trended?
Revenue grew faster than reported net income and diluted EPS; diluted EPS grew faster than net income because fewer shares divided the profit. Reported pretax margin fell, so higher revenue did not translate fully into reported profitability.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,940 | 4,812 | 4,960 | 4,791 | 4,375 | 4,354 | 4,501 | 4,397 |
| Net interest income | 820 | 798 | 804 | 818 | 776 | 741 | 744 | 771 |
| Net income | 1,113 | 915 | 1,008 | 912 | 1,060 | 583 | 1,071 | 511 |
| EPS, diluted | 11.98 | 9.68 | 10.47 | 9.33 | 10.73 | 5.83 | 10.58 | 5.00 |
| Pretax margin | 29.2% | 23.8% | 26.0% | 24.5% | 30.9% | 15.8% | 30.0% | 14.7% |
What this means. The net interest income numbers are a broader estimate than the label suggests because they include insurance investments and other investment returns, not only interest from loans and deposits.
What should investors watch in Ameriprise's next results?
The next results must show whether recent client outflows are a temporary transition or a lasting loss of relationships.
The first dated checkpoint is October 29, 2026, when Ameriprise plans to release Q3 results and hold its earnings call. Management expected Comerica’s remaining assets to leave by the end of September. Q3 should therefore show the completed departure rather than treating every outflow as a new deterioration.