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 third quarter of 2018, which were announced on October 23, 2018. It includes the official press release and a statistical supplement detailing these results.

Why does Ameriprise present non-GAAP financial measures?

Ameriprise presents non-GAAP financial measures to offer a clearer view of its core operational performance and to facilitate trend analysis. These measures exclude certain items such as the impact of consolidating investment entities, restructuring charges, assumption updates ('unlocking'), market impacts on variable products, and realized investment gains/losses, which management believes do not accurately reflect the ongoing business operations.

What are some of the key non-GAAP metrics investors should look at?

Investors should pay attention to key non-GAAP metrics such as adjusted operating earnings, adjusted operating earnings per diluted share, adjusted operating revenues, and adjusted operating expenses. The company also provides adjusted capital and debt measures which offer insights into its capital structure.

Where can I find the detailed financial information?

The detailed financial information, including both GAAP and non-GAAP results, is available in the press release (Exhibit 99.1) and the Statistical Supplement (Exhibit 99.2) attached to this 8-K filing.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on October 23, 2018, to report its third-quarter 2018 financial results. The filing primarily consists of a press release and a statistical supplement detailing these results. Investors should note that the company presents both Generally Accepted Accounting Principles (GAAP) and non-GAAP adjusted financial measures. The non-GAAP measures are utilized to provide a clearer view of the company's core operational performance and facilitate trend analysis by excluding items such as consolidation of certain investment entities, restructuring charges, assumption updates, market impacts on variable products, and realized investment gains/losses. Key to investors, the non-GAAP presentation aims to reflect underlying business performance more accurately. This includes adjusted operating earnings, adjusted operating earnings per diluted share, and various adjusted revenue and expense metrics. The company also provides adjusted capital and debt measures to represent its capital structure more effectively. These adjusted figures are used internally for performance evaluation, business planning, and compensation, and are relevant for investors seeking to understand operational trends and financial health beyond reported GAAP figures.

Key Highlights

1Ameriprise Financial reported its third-quarter 2018 financial results via an 8-K filing on October 23, 2018.
2The filing includes a press release (Exhibit 99.1) and a Statistical Supplement (Exhibit 99.2) for the quarter ended September 30, 2018.
3The company provides both GAAP and non-GAAP adjusted financial results for Q3 2018.
4Non-GAAP measures are used to present underlying operational performance, excluding specific items like investment entity consolidation, restructuring charges, and market impacts on certain products.
5Key non-GAAP metrics highlighted include adjusted operating earnings, adjusted operating earnings per diluted share, and adjusted revenues.
6The company also presents non-GAAP adjusted debt and capital measures to better reflect its capital structure.

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

Summary

Key Highlights

Frequently Asked Questions