Ameriprise Financial Reports Q3 Results Amid Growth Concerns

Ameriprise Financial will report its third-quarter financial results on Thursday, October 29, 2026. Analysts project earnings of $11.77 per share on $5.10 billion in revenue, which would represent an 18.65% increase compared to the previous year.

The earnings report follows a period of volatility and growth concerns. On October 19, BofA Securities downgraded the company's stock to Underperform and lowered its price target to $445, citing rising expenses and slowing organic growth. In response to these pressures, investors are focusing on advisor retention, net new assets, and wealth management margins.

To stabilize its stock price and stimulate growth, the company authorized a $5.5 billion share repurchase program in late September. Additionally, Ameriprise attempted to expand its asset base in mid-October by recruiting advisor teams from RBC Capital Markets that managed nearly $1.2 billion in assets.