Ameriprise Financial Inc. Profit Rises In Q4

(RTTNews) - Ameriprise Financial Inc. (AMP) revealed earnings for its fourth quarter that increased from last year

The company's bottom line came in at $1.07 billion, or $10.58 per share. This compares with $0.38 billion, or $3.57 per share, last year.

Excluding items, Ameriprise Financial Inc. reported adjusted earnings of $947 million or $9.36 per share for the period.

The company's revenue for the period rose 12.8% to $4.501 billion from $3.99 billion last year.

Ameriprise Financial Inc. earnings at a glance (GAAP) :

-Earnings: $1.07 Bln. vs. $0.38 Bln. last year. -EPS: $10.58 vs. $3.57 last year. -Revenue: $4.501 Bln vs. $3.99 Bln last year.