Ameriprise Financial (AMP) Solid Expense Controls Drive Upside - Piper Jaffray
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Ameriprise Financial Reports First Quarter 2016 Results
April 27, 2016 4:06 PM EDT
First quarter 2016 net income(1) per diluted
share was $2.09
Operating EPS was $2.17
First quarter 2016 return on equity excluding AOCI was 21.5 percent
Operating
ROE excluding AOCI increased 110 bps to 24.2 percent
The company raised its regular quarterly dividend 12 percent to $0.75 per share
MINNEAPOLIS--(BUSINESS WIRE)-- Ameriprise Financial, Inc. (NYSE: AMP) today reported first quarter 2016 net income(1) of $364 million, or $2.09 per diluted share. Operating earnings were $378 million, with operating earnings per diluted share of $2.17. Operating results include previously announced unfavorable items of $0.09... More

