Financial services company Ameriprise Financial (NYSE: AMP) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 13.4% year on year to $4.89 billion. Its non-GAAP profit of $11.26 per share was 10.3% above analysts’ consensus estimates.
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Ameriprise Financial (AMP) Q1 CY2026 Highlights:
- Revenue: $4.89 billion vs analyst estimates of $4.68 billion (13.4% year-on-year growth, 4.5% beat)
- Pre-tax Profit: $1.14 billion (23.4% margin)
- Adjusted EPS: $11.26 vs analyst estimates of $10.21 (10.3% beat)
- Market Capitalization: $42.49 billion
Company Overview
Founded in 1894 and spun off from American Express in 2005, Ameriprise Financial (NYSE: AMP) provides financial planning, wealth management, asset management, and insurance products to help individuals and institutions achieve their financial goals.
Revenue Growth
Examining a company’s long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Luckily, Ameriprise Financial’s revenue grew at a decent 9.2% compounded annual growth rate over the last five years. Its growth was slightly above the average financials company and shows its offerings resonate with customers.
We at StockStory place the most emphasis on long-term growth, but within financials, a half-decade historical view may miss recent interest rate changes, market returns, and industry trends. Ameriprise Financial’s annualized revenue growth of 9.3% over the last two years aligns with its five-year trend, suggesting its demand was stable. 
Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, Ameriprise Financial reported year-on-year revenue growth of 13.4%, and its $4.89 billion of revenue exceeded Wall Street’s estimates by 4.5%.
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Key Takeaways from Ameriprise Financial’s Q1 Results
We enjoyed seeing Ameriprise Financial beat analysts’ revenue expectations this quarter. We were also glad its EPS outperformed Wall Street’s estimates. Zooming out, we think this was a good print with some key areas of upside. The stock traded up 2.8% to $472.50 immediately after reporting.
Ameriprise Financial put up rock-solid earnings, but one quarter doesn’t necessarily make the stock a buy. Let’s see if this is a good investment. If you’re making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here (it’s free).
