--- canonical_url: https://www.stockexpertai.com/earnings/amp last_updated: 2026-05-05T22:10:16.499Z --- # Ameriprise Financial, Inc. (AMP) Q4 FY2026 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-05T22:10:16.175Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $474.65 (▲ 1.29%) | fmp:quote | | Market Cap | $43.0B | fmp:profile | | 52w range | $422.37 – $550.18 | fmp:quote | | Earnings | Thu 23 Jul | fmp:earnings-history | | EPS estimate | $10.58 (+16% YoY) | fmp:earnings-estimate | | Revenue estimate | $4.8B | fmp:earnings-estimate | | Beat streak | 6/4 | fmp:earnings-history | | Rating | A- (overall 4/5) | fmp:ratings | | Analyst median target | $490 (+3.2% upside) | fmp:price-target-consensus | | MoonshotScore | 41/100 | derived | | Council | 3/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## Ameriprise Financial, Inc. — Q4 FY2026 Expectations Q4 consensus: revenue $4.8B^{[FMP est]}, EPS $10.58^{[FMP est]}. 6 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** A- · **Stance:** HOLD · **Council:** 3/6 · **Moonshot:** 41 = MoonshotScore 41^{[9-pillar formula]} + Council 3/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (6 metrics) ### 1. Wrap Asset Growth Wrap assets at Ameriprise increased 16% to $664 billion. > "Total client assets grew 12% to $1.1 trillion with wrap assets growing 16% to $664 billion." > — Jim Cracchiolo, Chairman and CEO, Investor Focus · Q1 FY2026 ### 2. Aum Growth Ameriprise's assets under management, administration, and advisement grew 12% to $1.7 trillion, driven by client net inflows and positive markets. > "In addition, our assets under management administration advisement grew 12% to $1.7 trillion, driven by our client net inflows and positive markets." > — Jim Cracchiolo, Chairman and CEO, Investor Focus · Q1 FY2026 ### 3. Adviser Productivity Adviser productivity at Ameriprise increased 10% to a record $1.2 million per adviser. > "As you saw, our advisers again generated meaningful productivity and revenue growth with productivity increasing another 10% in the quarter to a record $1.2 million per adviser." > — Jim Cracchiolo, Chairman and CEO, Investor Focus · Q1 FY2026 ### 4. Record Eps Ameriprise achieved a record EPS of $11.26, up 19%. > "For the quarter, adjusted operating revenues were up 11% to $4.8 billion. Earnings and EPS were also up double digits with EPS up 19% to a record $11.26, and we continue to deliver best-in-class ROE, which increased to more than 54%." > — Jim Cracchiolo, Chairman and CEO, Investor Focus · Q1 FY2026 ### 5. Huntington Bank Agreement Ameriprise signed a multiyear agreement with Huntington Bank, expected to add approximately 260 advisers and $28 billion in assets. > "During the quarter, we signed a multiyear agreement to become the retail investment program provider the Huntington Bank. This relationship is expected to add approximately 260 advisers and $28 billion in assets with onboarding beginning later this year." > — Jim Cracchiolo, Chairman and CEO, Investor Focus · Q1 FY2026 ### 6. Capital Return Ameriprise returned 88% of operating earnings to shareholders in the first quarter, and the board approved a 6% increase in the dividend. > "As a result, as you know, we increased our share repurchases in the fourth quarter and continued our strong return to shareholders with 88% returned in the first quarter, and our board just approved another 6% increase in our dividend." > — Jim Cracchiolo, Chairman and CEO, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 4.0 | medium | Q1 vs Q2: healthy growth (+8.7%) | | Gross Margin | 5.0 | medium | Q1: high margin (50.3%) | | Operating Leverage | 3.0 | weak | op margin healthy (25.1%) | | Cash Runway | 3.0 | weak | FCF negative ($-2.6B, external financing needed) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 58.7 positive momentum, 50d above | | News Sentiment | 4.0 | medium | mixed (43% buy) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +3.2% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 59 | | Klarman | neutral | value · target upside +3.2% | | Buffett | bull | quality · ROE score 5/5 | | Munger | neutral | valuation · target upside +3.2% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Strong - **Margin of Safety:** Weak - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 58.7 — yükselişte nötr — overbought sınırının altında, momentum pozitif - **50d MA:** $456 — hisse %4.1 üstünde — kısa vadeli destek - **200d MA:** $483 — hisse %1.7 altında — uzun vadeli baskı - **Volume (10d):** -40% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $9.11 | $9.00 | BEAT | +0.8% | | Q3 FY25 | $9.92 | $9.77 | BEAT | -0.3% | | Q4 FY25 | $10.83 | $10.34 | BEAT | +1.1% | | Q1 FY26 | $11.26 | $10.21 | +10.3% EPS | +1.0% | Q1 (April 23, 2026): EPS $11.26 vs $10.21 est^[FMP], +10.3% beat. D+1 movement: +1.0%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $10.58 + CapEx discipline** Threshold: EPS > $10.58^{[FMP est]}. Target: Break above median target $490^{[FMP target]}; high target $582^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $10.58 + CapEx < $118.0M** Threshold: EPS ≈ $10.58^{[FMP est]}, Q4 CapEx < $118.0M^[FMP]. Target: Consolidation in the band between current $475^[FMP] and median $490^[FMP]. ### Scenario C · Miss **EPS < $10.26 or CapEx ≥ $118.0M** Threshold: EPS < $10.26^{[FMP est×0.97]}. Target: Current $475 below SMA200 $483^[FMP], if rejection continues, $411^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $11.26 vs $10.21 beat^[FMP], stock +1.0% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $118.0M^{[FMP cashflow]}. Q1 op margin 25.1%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $490 (+3.2% upside vs current $475) - **High / Low:** $582 / $467 - **Buy / Hold / Sell:** 6 / 7 / 1 - **Analyst count:** 6 (last quarter), 32 all-time ## Additional Transcript Insights ### 1. record_eps **Claim:** Ameriprise achieved a record EPS of $11.26, up 19%. **Evidence (transcript):** "For the quarter, adjusted operating revenues were up 11% to $4.8 billion. Earnings and EPS were also up double digits with EPS up 19% to a record $11.26, and we continue to deliver best-in-class ROE, which increased to more than 54%." **Numbers:** 11%, $4.8 billion, 19%, $11.26, 54% ### 2. aum_growth **Claim:** Ameriprise's assets under management, administration, and advisement grew 12% to $1.7 trillion, driven by client net inflows and positive markets. **Evidence (transcript):** "In addition, our assets under management administration advisement grew 12% to $1.7 trillion, driven by our client net inflows and positive markets." **Numbers:** 12%, $1.7 trillion ### 3. adviser_productivity **Claim:** Adviser productivity at Ameriprise increased 10% to a record $1.2 million per adviser. **Evidence (transcript):** "As you saw, our advisers again generated meaningful productivity and revenue growth with productivity increasing another 10% in the quarter to a record $1.2 million per adviser." **Numbers:** 10%, $1.2 million ### 4. huntington_bank_agreement **Claim:** Ameriprise signed a multiyear agreement with Huntington Bank, expected to add approximately 260 advisers and $28 billion in assets. **Evidence (transcript):** "During the quarter, we signed a multiyear agreement to become the retail investment program provider the Huntington Bank. This relationship is expected to add approximately 260 advisers and $28 billion in assets with onboarding beginning later this year." **Numbers:** 260, $28 billion ### 5. capital_return **Claim:** Ameriprise returned 88% of operating earnings to shareholders in the first quarter, and the board approved a 6% increase in the dividend. **Evidence (transcript):** "As a result, as you know, we increased our share repurchases in the fourth quarter and continued our strong return to shareholders with 88% returned in the first quarter, and our board just approved another 6% increase in our dividend." **Numbers:** 88%, 6% ### 6. wrap_asset_growth **Claim:** Wrap assets at Ameriprise increased 16% to $664 billion. **Evidence (transcript):** "Total client assets grew 12% to $1.1 trillion with wrap assets growing 16% to $664 billion." **Numbers:** 12%, $1.1 trillion, 16%, $664 billion --- *Data source: FMP (live query, 2026-05-05), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*