Ameriprise Financial, Inc. Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Operating return on equity, excluding AOCI was 23% against 19.7% a year ago.
For the year, the company reported total revenues were $12,296 million against $11,230 million a year ago. Total net revenues were $12,268 million against $11,199 million a year ago. Income from continuing operations before income tax provision was $2,547 million against $1,970 million a year ago. Income from continuing operations was $2,002 million or $8.31 per diluted share against $1,478 million or $6.46 per diluted share a year ago. Net income attributable to the company was $1,619 million against $1,334 million a year ago. Operating earnings were $1,662 million or $8.52 per diluted share against $1,460 million or $7.05 per diluted share a year ago. Pretax operating earnings were $2,229 million against $2,019 million a year ago. Adjusted operating revenues were $1,991 million against $1,847 million a year ago. Adjusted operating earnings were $792 million against $675 million a year ago. Return on equity, excluding AOCI was 21.5% against 17.2% a year ago. Operating return on equity, excluding AOCI was 23% against 19.2% a year ago.