Reports Q3 revenue $4.7B, consensus $4.57B. “Ameriprise (AMP) delivered a strong third quarter. Across the firm, we’re focused on delivering an excellent client experience supported by our distinctive combination of high-quality advice, solutions and capabilities. Our strategic investments, disciplined expense management and strong financial foundation help us to effectively navigate and grow across market cycles. We consistently generate value with good revenue and earnings growth and attractive margins. This performance is complemented by our excellent free cash flow and differentiated capital return. The Ameriprise team and I are proud of what we have achieved since becoming an independent, public company 20 years ago, including delivering the number one total shareholder return within the S&P 500 Financials Index during that time. As we look ahead, we’re focused on serving our clients exceptionally well while positioning the firm to continue to drive shareholder value in an increasingly fluid economic and market environment,” stated Jim Cracchiolo, chairman and CEO.
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