Ameriprise Q1 EPS of $11.26 Beats Estimates, Dividend Raised 6%
Ameriprise reported first-quarter net income of $915 million and adjusted EPS of $11.26, topping expectations of $10.20, on revenue of $4.77 billion versus forecasts of $4.67 billion. The board also raised the quarterly cash dividend by 6% to $1.70 per share, payable May 22, 2026.
1. Strong Q1 Earnings and Revenue Beat
Ameriprise reported $915 million in net income for the first quarter, delivering adjusted earnings of $11.26 per share compared with analyst forecasts of $10.20. Total revenue reached $4.81 billion, while adjusted revenue of $4.77 billion outpaced projections of $4.67 billion.
2. Dividend Increased by 6%
The board approved a 6% hike to the regular quarterly dividend, raising the payout from $1.60 to $1.70 per share. This dividend is payable on May 22, 2026, to shareholders of record as of May 4, 2026.
3. Share Performance Trends
Ameriprise shares have declined just over 6% since the start of the year, contrasting with a nearly 4% gain in the S&P 500 index. The stock last traded near $459.63, reflecting an approximate 3% drop over the past twelve months.