Ameriprise Financial reports Q3 2026 earnings with revenue beat and $5.5 bn share‑repurchase authorization

Ameriprise Financial released its third‑quarter 2026 results on Oct. 29. Total revenue was $5.19 billion, up 6% year‑over‑year, and net income rose to $1.13 billion, a 23% increase. Adjusted non‑GAAP earnings per share came in at $11.26, while GAAP EPS was $12.32. The firm added 79 advisors, grew assets under management to $1.8 trillion and approved a $5.5 billion share‑repurchase program.

The revenue beat and strong earnings suggest continued profitability, supporting the $5.5 bn buyback that could boost shareholder returns. Analysts note the earnings beat may reinforce the current price target of $554.64.

  • 1Total revenue was $5.19 billion, up 6% year‑over‑year.
  • 2Net income was $1.13 billion, up 23% year‑over‑year.
  • 3Adjusted non‑GAAP EPS was $11.26 per share.
  • 4GAAP diluted EPS was $12.32 per share.
  • 5Assets under management, administration and advisement reached $1.8 trillion, up 8% year‑over‑year.
  • 6The company added 79 experienced advisors during the quarter.

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