Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
AMP delivered strong Q1 FY2026 results with revenue rising 9.0% YoY to $4.886B and net income surging 56.9% to $915M, though operating cash flow declined sharply by 72.8% to $459M.
Revenue
$4.89B
+9.04% YoY
EPS (Diluted)
$9.68
+66.04% YoY
Source: SEC XBRL
Ameriprise Financial (AMP) reported Q1 FY2026 revenue of $4.89B, up 9.0% year over year. Operating cash flow was $459M, down 72.8% year over year. AMP's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 11.07 | 10.83 | Beat +2.2% |
| Mar 2026This filing | 11.26 | 10.31 | Beat +9.2% |
| Dec 2025 | 10.83 | 10.43 | Beat +3.9% |
| Sep 2025 | 9.87 | 9.82 | Beat +0.5% |
Adjusted (non-GAAP) EPS of $11.26 versus the $10.31 analyst consensus — a +9.2% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $9.68.
Compiled by AI from this SEC filing
AMP grew revenue by 9.0% YoY to $4.886B in Q1 FY2026, while net income jumped 56.9% to $915M, reflecting significant improvement in profitability and operating leverage during the quarter.
Source: 10-Q Income Statement
Basic EPS rose 65.7% YoY to $9.81 and diluted EPS increased 66.0% to $9.68, outpacing net income growth and suggesting share count reduction from an accelerated buyback program ($874M in Q1 FY2026 vs. $730M prior year).
Source: 10-Q Income Statement & Cash Flow Statement
Operating cash flow fell sharply by 72.8% YoY to $459M from $1.686B, a notable divergence from reported net income of $915M, which may reflect working capital changes, timing of client flows, or other balance sheet movements typical in financial services.
Source: 10-Q Cash Flow Statement
AMP returned capital aggressively in Q1 FY2026, with share buybacks totaling $874M (up 19.7% YoY) and dividends paid of $148M (up 2.8% YoY), totaling over $1.0B in shareholder returns for the quarter.
Source: 10-Q Cash Flow Statement
Total assets grew 3.0% to $184.4B while stockholders' equity increased 14.5% to $6.2B; however, the debt-to-equity ratio remains very high at approximately 28.7x, which is characteristic of financial services firms managing large client asset and liability portfolios.
Source: 10-Q Balance Sheet
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
AMP carries a debt-to-equity ratio of approximately 28.7x, with total liabilities of $178.2B against stockholders' equity of only $6.2B. While this leverage level is common in financial services, it amplifies sensitivity to credit market disruptions or unexpected liability increases.
Source: 10-Q Balance Sheet
Operating cash flow dropped 72.8% YoY to $459M despite net income of $915M, creating a significant gap between reported earnings and cash generation. This divergence could signal working capital pressures, changes in policyholder or client fund flows, or timing mismatches that may not be sustainable.
Source: 10-Q Cash Flow Statement
AMP deployed over $1.0B in buybacks and dividends in Q1 FY2026 alone, representing more than double its operating cash flow of $459M for the period. Sustaining this pace of capital return while operating cash flow is under pressure could strain liquidity or require increased borrowing.
Source: 10-Q Cash Flow Statement
ROA stands at just 0.50%, reflecting the thin margin on a very large asset base of $184.4B. Any deterioration in asset quality, investment returns, or fee income could disproportionately impact profitability given the slim buffer relative to total assets.
Source: 10-Q Balance Sheet & Income Statement
As a financial services company, AMP's revenue is likely tied to assets under management and market performance. A sustained equity or fixed income market downturn could reduce fee income and compress revenue, reversing the current positive trend.
Source: 10-Q Income Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 4.89 $B | 4.48 $B | +9.04% |
Net Income $M | 915.00 $M | 583.00 $M | +56.95% |
EPS (Basic) $ | 9.81 $ | 5.92 $ | +65.71% |
EPS (Diluted) $ | 9.68 $ | 5.83 $ | +66.04% |
Answers draw on this SEC filing and the data on this page
Ameriprise Financial delivered growth in Q2 FY2026 fueled by surging equity markets and client inflows, though insurance-related volatility and rising expenses tempered bottom-line gains.
AMP delivered solid FY2025 results with revenue growing 5.5% to $18.9B, net income rising 4.8% to $3.6B, and operating cash flow surging 26.2% to $8.3B, while returning $3.5B to shareholders through buybacks and dividends.
Other companies in Asset Management & Custody Banks