Financial services company Ameriprise Financial (NYSE: AMP) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 15.6% year on year to $5.01 billion. Its non-GAAP profit of $11.07 per share was 2.4% above analysts’ consensus estimates.
Is now the time to buy Ameriprise Financial? Find out by accessing our full research report, it’s free.
Ameriprise Financial (AMP) Q2 CY2026 Highlights:
- Revenue: $5.01 billion vs analyst estimates of $4.81 billion (15.6% year-on-year growth, 4.2% beat)
- Pre-tax Profit: $1.44 billion (28.8% margin)
- Adjusted EPS: $11.07 vs analyst estimates of $10.81 (2.4% beat)
- Market Capitalization: $47.36 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. Thankfully, Ameriprise Financial’s 8.8% annualized revenue growth over the last five years was decent. 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 9.8% 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 because they were 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 15.6%, and its $5.01 billion of revenue exceeded Wall Street’s estimates by 4.2%.
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Key Takeaways from Ameriprise Financial’s Q2 Results
We enjoyed seeing Ameriprise Financial beat analysts’ revenue expectations this quarter. We were also glad its EPS outperformed Wall Street’s estimates. Overall, we think this was a solid quarter with some key areas of upside. The stock remained flat at $526.72 immediately after reporting.
Should you buy the stock or not? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here (it’s free).
