Ameriprise Financial Inc. Q4 Income Declines

(RTTNews) - Ameriprise Financial Inc. (AMP) released a profit for fourth quarter that decreased from last year

The company's earnings totaled $377 million, or $3.57 per share. This compares with $649 million, or $5.83 per share, in last year's fourth quarter.

Excluding items, Ameriprise Financial Inc. reported adjusted earnings of $761 million or $7.20 per share for the period.

The company's revenue for the quarter rose 9.0% to $3.99 billion from $3.66 billion last year.

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

-Earnings (Q4): $377 Mln. vs. $649 Mln. last year. -EPS (Q4): $3.57 vs. $5.83 last year. -Revenue (Q4): $3.99 Bln vs. $3.66 Bln last year.