AMP · 8-K · 20261029PR000050
Net Income and Profitability
AMERIPRISE FINANCIAL INC · 2026-10-29 · Importance 52 · Surprise 30 · From source text
Third-quarter GAAP net income increased 23% to $1.126 billion, and GAAP diluted EPS rose 32% to $12.32 from $9.33. Adjusted operating earnings increased 7% to $1.029 billion, while adjusted operating earnings excluding unlocking rose 14% to $1.103 billion. GAAP results included favorable market impacts on derivatives and market risk benefits, compared with unfavorable impacts in the prior-year quarter. The quarterly unlocking review reduced GAAP net income by $72 million after tax, or $0.79 per share, and adjusted operating earnings by $74 million after tax, or $0.81 per share.
Key facts
- Pretax adjusted operating earnings, excluding unlocking, were $1,397 million and $1,248 million, respectively. source
- For the twelve months ended September 30, 2026, net income was $4,162 million, compared with $3,626 million for 2025. source
- For the twelve months ended September 30, 2026, adjusted operating earnings were $4,164 million, compared with $3,762 million for 2025. source
- For the twelve months ended September 30, 2026, adjusted operating earnings excluding unlocking were $4,238 million, compared with $3,767 million for 2025. source
- Q3 2026 GAAP net income was $1.126 billion, up 23% from $912 million in Q3 2025. source
- Q3 2026 adjusted operating earnings were $1.029 billion, up 7% from $965 million a year earlier. source
- Q3 2026 adjusted operating earnings excluding unlocking were $1.103 billion, up 14% from $970 million a year earlier. source
- Pretax income was $1,427 million and $1,174 million, respectively. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +10.7% | For the twelve months ended September 30, 2026, net income was $4,162 million, compared with $3,626 million for 2025. |
| net_income | positive | realized | +9.4% | For the twelve months ended September 30, 2026, adjusted operating earnings excluding unlocking were $4,238 million, compared with $3,767… |
| net_income | positive | realized | +8.0% | For the twelve months ended September 30, 2026, adjusted operating earnings were $4,164 million, compared with $3,762 million for 2025. |
| operating_income | positive | realized | +5.0% | Pretax income was $1,427 million and $1,174 million, respectively. |
| net_income | positive | realized | +4.3% | Q3 2026 GAAP net income was $1.126 billion, up 23% from $912 million in Q3 2025. |
| operating_income | positive | realized | +3.0% | Pretax adjusted operating earnings, excluding unlocking, were $1,397 million and $1,248 million, respectively. |
| net_income | positive | realized | +2.6% | Q3 2026 adjusted operating earnings excluding unlocking were $1.103 billion, up 14% from $970 million a year earlier. |
| net_income | positive | realized | +1.3% | Q3 2026 adjusted operating earnings were $1.029 billion, up 7% from $965 million a year earlier. |
| operating_income | positive | realized | +1.2% | Pretax adjusted operating earnings were $1,303 million and $1,242 million, respectively. |