Ameriprise Financial Caps Fiscal 2025 with Historic Performance

Ameriprise Financial has concluded its 2025 fiscal year by setting new company records, propelled by substantial growth in client assets and robust operational execution. The financial services firm reported a significant year-over-year increase in its adjusted quarterly earnings per share, raising the question of whether this positive trajectory can be sustained.

• Q4 Adjusted EPS: $10.83 (a 16% increase)
• Assets Under Management & Administration (AUA): $1.7 trillion (record high)
• 2025 Capital Return to Shareholders: $3.4 billion
• Declared Quarterly Dividend: $1.60 per share

Record Assets Drive Strong Earnings

A key factor behind the company’s success was the expansion of its client asset base. The total assets under management and administration soared to an unprecedented $1.7 trillion by the end of 2025, marking an 11% rise. This growth was notably fueled within the Advice & Wealth Management segment, which attracted net inflows of $13.3 billion in the fourth quarter alone, highlighting sustained high levels of client engagement.

This asset growth translated directly to the bottom line. For the final quarter, Ameriprise posted adjusted operating earnings per diluted share of $10.83, representing a 16% advance compared to the prior-year period. On a full-year basis, this metric climbed 14% to $39.29. Concurrently, adjusted operating net revenues for Q4 increased by 10%, reaching $4.9 billion.

Should investors sell immediately? Or is it worth buying Ameriprise?

Shareholder Returns Remain a Central Priority

Ameriprise continued its disciplined approach to returning capital to its investors. During the fourth quarter, the company allocated $1.1 billion to shareholders through a combination of dividend distributions and share repurchases. For the entire 2025 fiscal year, the total capital returned reached $3.4 billion, equivalent to 88% of the full-year adjusted operating net income.

The company’s pre-tax operating margin stood at 27% for the reported quarter. Coinciding with the earnings release, the Board of Directors declared a quarterly cash dividend of $1.60 per share. This dividend will be payable on February 27, 2026, to shareholders of record as of the market close on February 9, 2026.