Ameriprise Financial Inc
AMP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|HQ | LOCK|cgn?t | LOCK|>>b%%%F |
Ameriprise Financial Earnings: Solid Quarter Driven by Market Appreciation; Shares Slightly Cheap
Ameriprise Financial reported sound third-quarter results, generating 10% growth in net revenue (to $5.1 billion) and 14% growth in adjusted EPS (to $11.26) on the back of 8% growth in client assets. Strong market performance was the main driver of performance.
