The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Ameriprise Financial (NYSE: AMP) and the rest of the custody bank stocks fared in Q1.
Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space.
The 14 custody bank stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.9%.
In light of this news, share prices of the companies have held steady as they are up 4.5% on average since the latest earnings results.
Ameriprise Financial (NYSE: AMP)
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.
Ameriprise Financial reported revenues of $4.77 billion, up 10.8% year on year. This print exceeded analysts’ expectations by 2.1%. Overall, it was a strong quarter for the company with a beat of analysts’ EPS and revenue estimates.
Interestingly, the stock is up 2.2% since reporting and currently trades at $469.55.
Best Q1: Franklin Resources (NYSE: BEN)
Operating under the widely recognized Franklin Templeton brand since 1947, Franklin Resources (NYSE: BEN) is a global investment management organization that offers financial services and solutions to individuals, institutions, and wealth advisors worldwide.
Franklin Resources reported revenues of $2.29 billion, up 8.7% year on year, outperforming analysts’ expectations by 11.8%. The business had an incredible quarter with a beat of analysts’ EPS and revenue estimates.
The market seems happy with the results as the stock is up 15.1% since reporting. It currently trades at $31.74.
Is now the time to buy Franklin Resources? Access our full analysis of the earnings results here, it’s free.
Weakest Q1: Ridgepost Capital (NYSE: RPC)
Operating as a bridge between institutional investors and hard-to-access private market opportunities, Ridgepost Capital (NYSE: RPC) is an alternative asset management firm that provides access to private equity, venture capital, impact investing, and private credit opportunities in the middle and lower middle markets.
Ridgepost Capital reported revenues of $75.35 million, up 11.2% year on year, falling short of analysts’ expectations by 3.8%. It was a slower quarter as it posted a significant miss of analysts’ EBITDA and revenue estimates.
Ridgepost Capital delivered the weakest performance against analyst estimates in the group. Interestingly, the stock is up 1% since the results and currently trades at $8.55.
Read our full analysis of Ridgepost Capital’s results here.
T. Rowe Price (NASDAQ: TROW)
Founded in 1937 by Thomas Rowe Price Jr., who pioneered the growth stock investing approach, T. Rowe Price (NASDAQ: TROW) is an investment management firm that offers mutual funds, advisory services, and retirement planning solutions to individuals and institutions.
T. Rowe Price reported revenues of $1.86 billion, up 4.8% year on year. This print lagged analysts' expectations by 1%. Zooming out, it was a mixed quarter as it also recorded a beat of analysts’ EPS estimates but a slight miss of analysts’ AUM estimates.
The stock is up 1.2% since reporting and currently trades at $101.65.
Read our full, actionable report on T. Rowe Price here, it’s free.
Voya Financial (NYSE: VOYA)
Originally spun off from Dutch financial giant ING in 2013 and rebranded with a name suggesting "voyage," Voya Financial (NYSE: VOYA) provides workplace benefits and savings solutions to U.S. employers, helping their employees achieve better financial outcomes through retirement plans and insurance products.
Voya Financial reported revenues of $1.93 billion, up 2.3% year on year. This number beat analysts’ expectations by 15.4%. It was a stunning quarter as it also produced a solid beat of analysts’ revenue estimates and a beat of analysts’ EPS estimates.
Voya Financial delivered the biggest analyst estimates beat but had the slowest revenue growth among its peers. The stock is down 2.6% since reporting and currently trades at $80.95.
Read our full, actionable report on Voya Financial here, it’s free.
Market Update
Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?
These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.
Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
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