What is the main purpose of this 8-K filing?

This 8-K filing is primarily to report Ameriprise Financial's financial results for the first quarter of 2018. It incorporates a press release and a statistical supplement that contain the detailed financial information.

Why does Ameriprise present both GAAP and non-GAAP financial results?

Ameriprise presents non-GAAP financial results because management believes these measures better reflect the underlying performance and trends of the company's core operations. They exclude certain items that can distort a clear view of ongoing business performance, such as consolidation impacts, restructuring costs, and market-related adjustments on specific products.

What types of items are excluded in the non-GAAP measures?

The non-GAAP measures exclude a variety of items, including the impact of consolidating certain investment entities (CIEs), integration and restructuring charges, market impacts on variable annuity and indexed universal life benefits, market impacts of hedges, net realized investment gains/losses, and income/loss from discontinued operations. They also exclude certain items from debt and equity calculations like Accumulated Other Comprehensive Income (AOCI) and fair value of hedges.

Where can I find the detailed Q1 2018 financial results?

The detailed financial results for the first quarter of 2018 are available in Exhibit 99.1 (Press Release) and Exhibit 99.2 (Statistical Supplement) which are attached to this 8-K filing.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on April 23, 2018, to report its first-quarter 2018 financial results. The filing primarily references a press release (Exhibit 99.1) and a statistical supplement (Exhibit 99.2) detailing these results. A key aspect of the report is the company's presentation of both Generally Accepted Accounting Principles (GAAP) and non-GAAP adjusted financial measures. Management utilizes these non-GAAP measures to provide a clearer view of the company's core operations and performance trends, excluding certain items like the impact of consolidating investment entities, integration/restructuring charges, and market impacts on specific insurance and annuity products. Investors should pay close attention to these adjusted figures, as management believes they offer a more meaningful analysis of underlying business performance and capital structure. The report also outlines specific non-GAAP metrics for earnings, expenses, revenue, return on equity, debt, and capital.

Key Highlights

1Ameriprise Financial announced its Q1 2018 financial results via an 8-K filing.
2The company provided both GAAP and non-GAAP financial results, with management preferring non-GAAP for trend analysis.
3Non-GAAP measures exclude impacts from consolidating investment entities, restructuring charges, and market fluctuations on insurance/annuity products.
4Key non-GAAP metrics include adjusted operating earnings, adjusted operating earnings per diluted share, and adjusted operating total net revenues.
5The report also details non-GAAP measures for debt, capital, and shareholders' equity to represent the capital structure.
6The filing includes a press release (Exhibit 99.1) and a statistical supplement (Exhibit 99.2) with detailed financial information.
7Walter S. Berman, EVP and CFO, signed the report.

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Apr 23, 2018)

Summary

Key Highlights

Frequently Asked Questions