Ameriprise Financial said GAAP diluted earnings per share for Q3 2024 were $5.00, down from $8.14 a year earlier, and adjusted operating diluted earnings per share were $8.10. The company cited market impacts on the valuation of derivatives and market risk benefits as the reason for the GAAP decline.

1. 01

   Ameriprise Financial said GAAP diluted earnings per share for Q3 2024 were $5.00, down from $8.14 a year earlier, and adjusted operating diluted earnings per share were $8.10. The company cited market impacts on the valuation of derivatives and market risk benefits as the reason for the GAAP decline.

2. 02

   The company said that, excluding unlocking and severance expense, adjusted operating earnings for Q3 were $921 million, up 11% from $829 million a year earlier, and adjusted operating earnings per diluted share on the same basis rose 17% to $9.02.

3. 03

   Advice & Wealth Management said adjusted operating net revenues for Q3 rose 14% to $2,742 million. The segment reported pretax adjusted operating earnings of $826 million and a pretax adjusted operating margin of 30.1%.

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. Some paragraphs were omitted because their support in the source could not be confirmed.

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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