The company said its GAAP diluted earnings per share for Q2 2024 were $8.02 ($8.21 a year earlier), and its adjusted operating diluted earnings per share were $8.53. It cited the market impacts on the valuation of derivatives and market risk benefits as the factor behind the GAAP decline.

1. 01

   The company said its GAAP diluted earnings per share for Q2 2024 were $8.02 ($8.21 a year earlier), and its adjusted operating diluted earnings per share were $8.53. It cited the market impacts on the valuation of derivatives and market risk benefits as the factor behind the GAAP decline.

2. 02

   Ameriprise Financial said adjusted operating net revenues rose 9% in Q2. GAAP net income was $829 million ($890 million a year earlier), and adjusted operating earnings were $882 million ($807 million a year earlier).

3. 03

   The company said pretax adjusted operating earnings for the Advice & Wealth Management segment in Q2 were $822 million ($731 million a year earlier), and adjusted operating net revenues rose 13% to $2,644 million. Total client assets were $972 billion.

4. 04

   The company said it returned a total of $693 million to shareholders in Q2 through dividends and share repurchases. It said total assets under management and administration rose 12% to $1.4 trillion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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