Ameriprise Financial, Inc. has reported its fourth quarter and full-year 2025 results, showcasing significant growth and strong financial performance.
In the fourth quarter of 2025, the company's adjusted operating earnings per diluted share increased by 16% to a record $10.83. Full-year 2025 adjusted operating earnings per diluted share also rose by 14% to $39.29. This growth was attributed to continued asset growth and expense discipline.
The GAAP net income per diluted share for the fourth quarter was reported at $10.47, compared to $10.58 in the prior year. For the full year 2025, GAAP net income per diluted share was $36.28, up from $33.05 in 2024.
Ameriprise Financial saw a record high in assets under management, administration, and advisement, reaching $1.7 trillion, reflecting an 11% increase. Adjusted operating net revenues also experienced a notable 10% increase to $4.9 billion, primarily driven by asset growth and strong client engagement.
The company's return of capital to shareholders increased to $1.1 billion in the quarter, representing 101% of adjusted operating earnings, and $3.4 billion for the full year, which is 88% of adjusted operating earnings.
Additionally, the firm's adjusted operating return on equity, excluding accumulated other comprehensive income (AOCI), stood at an impressive 53.2%.
In the Advice & Wealth Management segment, pretax adjusted operating earnings reached a record $926 million, marking a 13% increase, with a margin of 29.3%. Total client assets grew 13% to a record high of $1.2 trillion, and wrap assets increased by 17% to a record high of $670 billion.
The Asset Management segment also saw substantial growth, with adjusted operating net revenues increasing by 12% to $1.0 billion. Pretax adjusted operating earnings in this segment rose by 17% to $293 million, with net pretax adjusted operating margin improving to 40.4%.
The Retirement & Protection Solutions segment reported adjusted operating net revenues of $991 million, up 3% from the prior year. However, pretax adjusted operating earnings declined by 6% to $200 million.
Ameriprise Financial's Corporate & Other segment reported a pretax adjusted operating loss of $80 million, showcasing a 25% improvement from the previous year.
Following these announcements, the company's shares moved 0.24%, and are now trading at a price of $509.32. For the full picture, make sure to review AMERIPRISE FINANCIAL INC's 8-K report.
