01/27/2016

MINNEAPOLIS - January 27, 2016 - Ameriprise Financial, Inc. (NYSE: AMP) today reported fourth quarter 2015 net income of $357 million, or $2.00 per diluted share. Operating earnings were $441 million, with operating earnings per diluted share increasing to $2.47, up 7 percent.
Operating net revenues were flat at $3.0 billion reflecting flat and volatile equity markets and continued low interest rates, which were offset by asset management performance fees.
Operating expenses were $2.4 billion, up 1 percent from a year ago. General and administrative expenses increased 4 percent primarily associated with performance fees and collateralized loan obligation (CLO) liquidation benefits - these items accounted for 3 percent of the 4 percent increase. Overall, expenses remain well controlled.

Ameriprise Financial Inc. issued this content on 27 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 21:55:10 UTC

Original Document: http://newsroom.ameriprise.com/article_display.cfm?article_id=2048