Ameriprise Financial’s Q3 2026 Earnings: What to Expect

Headquartered in Minneapolis, Minnesota, Ameriprise Financial, Inc. (AMP) is a prominent financial services company, with a market capitalization of approximately $45 billion. The company provides financial planning, investment advisory, wealth management, asset management, insurance, and retirement solutions through its network of financial advisors, helping individuals and institutions achieve their long-term financial goals.

AMP is set to report its Q3 2026 earnings on Thursday, October 29, before the market opens. Ahead of the release, analysts expect diluted EPS of $11.60, up 16.9% from $9.92 in the year-ago quarter. Notably, the company has exceeded Wall Street’s EPS estimates in each of the past four quarters, demonstrating a consistent track record of earnings beats.

For fiscal 2026, analysts project EPS of $46.17, up 17.4% from $39.34 in fiscal 2025. Earnings are expected to continue growing in fiscal 2027, with EPS forecast to increase another 10.9% year over year to $51.20.

AMP stock has gained 1.9% over the past 52 weeks, underperforming the S&P 500 Index ($SPX), which advanced 16%, and the State Street Financial Select Sector SPDR ETF (XLF), which rose 2.6% over the same period.

On Sept. 22, AMP shares fell 3.8% amid concerns following the Federal Reserve’s September 16, 2026, interest rate hike of 25 basis points to 3.75% to 4.00%. The tighter monetary policy heightened concerns about slower loan demand, higher borrowing costs, potential credit deterioration, and weaker capital markets activity, weighing on financial stocks. 

Analysts remain moderately bullish on AMP, with a consensus “Moderate Buy” rating. Of the 15 analysts covering the stock, four recommend a “Strong Buy,” two rate it a “Moderate Buy,” eight recommend a “Hold,” and one gives it a “Strong Sell.” Meanwhile, AMP’s average analyst price target of $570.15 implies potential upside of 13.9% from the current share price.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.