Ameriprise Financial reported third-quarter adjusted operating earnings per diluted share of $11.26, a 14 percent increase from the prior year period. GAAP net income per diluted share was $12.32, up 32 percent year-over-year, driven by asset growth and favorable market impacts on derivatives valuation. Adjusted operating net revenues rose 10 percent to $5.1 billion, supported by an 8 percent increase in assets under management, administration, and advisement to $1.8 trillion. The company returned over $1.0 billion to shareholders during the quarter and announced a new share repurchase authorization of $5.5 billion through September 30, 2028. Ameriprise Financial operates as a diversified financial services firm providing investment advice, asset management, and insurance solutions.
