Ameriprise Financial, IncNYSE: AMP
Financials · Asset Management & Custody Banks
$467.66
-1.50%
Vol: 311K
Research Digest
Friday, May 1, 2026
Ameriprise reports Q1 2026 adjusted EPS up 19% to $11.26 with record assets of $1.7 trillion; Huntington National Bank selects firm as investment program provider.
Ameriprise Financial reported strong Q1 2026 results with adjusted earnings per share rising 19% year-over-year to $11.26, and record total assets under management of $1.67 trillion. Revenue reached $4.77 billion versus analyst estimates of $4.68 billion. Adjusted operating income hit $1.33 billion with a 27.9% margin. The company secured a major partnership with Huntington National Bank as its retail investment program provider, bringing approximately 260 financial advisors and nearly $28 billion in assets. However, Morgan Stanley lowered its price target to $452 from $485.
Previous Market Intelligence
13 daysApr 30Ameriprise Financial beats Q1 2026 expectations with 19% adjusted EPS growth and $28B Huntington partnershipPositive▶
Ameriprise Financial reported Q1 2026 adjusted operating earnings per diluted share of $11.26, a 19% increase, with assets under management, administration and advisement growing to $1.7 trillion, up 12%. Revenue of $4.77 billion beat estimates of $4.68 billion, up 10.8% year-over-year. Advice & Wealth Management generated $951 million in pretax adjusted operating earnings, up 20%, with 30% margins. Huntington National Bank partnership will bring approximately 260 financial advisors and $28 billion in assets. Board increased quarterly dividend by 6% to $0.10 per share.
Apr 29Ameriprise Q1 EPS up 19% to record $11.26, dividend increased 6 percentPositive▶
Ameriprise Financial reported Q1 2026 adjusted operating earnings per share up 19% to a record $11.26, beating estimates by $0.95. Assets under management, administration and advisement grew 12% to $1.7 trillion. The Board announced a 6% dividend increase ($0.10 per share). 84 Ameriprise advisors were named to Barron's "Top 1,500 Financial Advisors" 2026 list. Huntington National Bank selected Ameriprise as retail investment provider, bringing ~260 advisors and $28B in assets. Morgan Stanley lowered price target to $452 from $485 on April 10, though median analyst target is $530.
Apr 16Ameriprise ranks 3rd in JD Power Investor Satisfaction Study; reports record $1.70T AUM with 12% adjusted EPS growth.Positive▶
Ameriprise Financial reported strong quarterly results with assets under management/administration/advisement reaching a record $1.70T. The company earned 3rd place in JD Power's 2026 U.S. Investor Satisfaction Study for advised investors. Wealth division achieved over $1T in client assets with advisor productivity at $1.1M per advisor. Added 90 experienced advisors and attracted Pinnacle Wealth Management team with $110M+ AUM. Recent valuation shows 42.17% intrinsic discount.
Apr 15Ameriprise secures $28 billion asset transfer from Huntington National Bank; leadership transition as Pat OConnell retires.Positive▶
On April 12, Ameriprise announced it secured $28 billion transfer of broker/dealer, RIA, and insurance assets from Huntington National Bank. Pat OConnell is retiring after decade leading the advisor group; Bill Williams assumes expanded responsibilities. Company also earned top-three ranking in JD Power 2026 U.S. Investor Satisfaction Study. Q1 2026 earnings scheduled for April 23.
Apr 14Ameriprise secures $28 billion Huntington asset transfer with leadership change; Q1 earnings April 23.Mixed▶
Ameriprise Financial announced leadership transition with Pat O Connell retiring. The company secured a major $28 billion transfer of broker/dealer, RIA, and insurance assets from Huntington National Bank. Piper Sandler lowered price target to $460 from $530 on April 7. Q1 2026 earnings scheduled for April 23.
Apr 13Ameriprise secured $28B Huntington asset transfer; Pat O'Connell retiring while Bill Williams assumes expanded role.Mixed▶
Ameriprise announced Pat O'Connell's retirement with Bill Williams assuming oversight of all advisor channels and institutional business. Secured $28 billion transfer of broker/dealer, RIA, and insurance assets from Huntington National Bank. Q1 2026 earnings due April 23. Piper Sandler lowered price target to $460 from $530. Consensus Buy rating with $542.50 target.
Apr 10Ameriprise gains $140M in advisor assets; faces FINRA penalty for supervision shortcomings; Q1 earnings due April 23.Neutral▶
An advisor team managing $140M in client assets joined Ameriprise Financial on April 8, 2026. FINRA penalized Ameriprise $1.4M ($450K fine + $994K restitution) for supervision failures from 2015-2018. Q1 2026 results scheduled for April 23 with analysts projecting adjusted EPS of $10.42.
Apr 9Ameriprise faces mixed signals ahead of earnings with insider selling and regulatory penaltiesMixed▶
Ameriprise Financial reported strong 2025 with wealth division reaching $1 trillion in client assets but facing recent headwinds. FINRA penalized the firm $1.4M ($450K fine + $994K client restitution) for supervision failures in annuity sales from 2015-2018. Stock at $430.41 shows insider selling from CEO/CFO in March despite bullish analyst outlook. Earnings release scheduled April 23.
Apr 8Huntington selects Ameriprise as retail investment provider; analyst growth expectations strongPositive▶
Huntington Bancorp selected Ameriprise Financial as its retail investment program provider, giving Huntington advisors (~260) managing $28B access to Ameriprise technology and integrated planning tools. Analysts expect strong Q1 2026 EPS consensus of 10.42, highlighting potential undervaluation despite current 42% intrinsic discount and recent insider selling. Consensus Buy rating with $542.5 target (13.4% upside) suggests recovery potential, though headwinds from interest rate sensitivity and active-to-passive ETF flows pressure margins.
Apr 7Ameriprise Q4 2025 adjusted EPS +16% to $10.83; AUM record $1.7T; Q1 earnings April 23.Positive▶
Ameriprise Q4 2025 adjusted EPS +16% to $10.83, FY +14% to $39.29. AUM/A/A record $1.7T (+11%). Q1 2026 release April 23. 478 advisor teams in Forbes Best-in-State. Huntington selected Ameriprise. Stock $444.40. 11 analysts target $542.50.
Apr 6Ameriprise Financial Faces Weakness but Remains UndervaluedMixed▶
Ameriprise Financial (AMP) is experiencing a recent pullback with shares trading at $444.40, down 5.5% over the past month and 0.8% this week. However, analysts maintain a "Buy" consensus rating with an average 12-month price target of $542.50, representing 13.44% upside potential. The company scores a 6 out of 6 on valuation checks, suggesting favorable metrics despite near-term headwinds. Key challenges include potential lower retail broker engagement due to geopolitical tensions and ongoing class-action lawsuits related to data breaches. Long-term fundamentals remain solid with strong earnings growth expectations (consensus EPS forecast of 10.42 for Q1 2026).
Apr 3Ameriprise Financial announces leadership transition as President Joseph Sweeney retires effective April 3, 2026.Mixed▶
Joseph E. Sweeney, President of Advice & Wealth Management Products & Service Delivery, is retiring from Ameriprise Financial, effective April 3, 2026. This occurs after record revenue and earnings in Advice & Wealth Management. Q1 2026 earnings scheduled for April 23. Analysts forecast adjusted operating EPS of $10.42, a 9.7% growth. Company has exceeded earnings estimates in last four quarters.
Apr 2Ameriprise Financial reported strong Q4 2025 earnings with record ROE of 53.2%, exceeding forecasts and driving AUM to $1.7 trillion.Positive▶
Ameriprise Financial reported Q4 2025 EPS of $10.83, exceeding forecasts by 5.15%, with revenue reaching $4.96 billion (10% YoY growth) and record ROE of 53.2%. Assets under management rose 11% to $1.7 trillion. The company projects 4-5% organic growth in its Advice & Wealth Management segment while maintaining an 80-90% capital return target. Management identified potential headwinds including geopolitical uncertainties, elevated inflation around 3%, and regulatory changes in the financial sector.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| BLKBLACKROCK | $1,064.80 | -0.08% | +11.1% | 17.6x | 1.49 | $165.6B |
| BXBLACKSTONE | $126.71 | +0.90% | +11.9% | 16.6x | 1.74 | $153.5B |
| KKRKKR | $103.93 | -0.39% | +14.6% | 13.7x | 1.93 | $96.6B |
| BKBANK | $133.85 | -0.39% | +8.7% | 14.0x | 1.05 | $92.2B |
| APOAPOLLO | $130.72 | +1.55% | +21.3% | 12.1x | 1.56 | $74.2B |
| AMPAMERIPRISE | $467.66 | -1.50% | +10.3% | 10.0x | 1.27 | $42.8B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.