AMP Q2 adj EPS $11.07 tops est. $10.81; Q2 GAAP net Income rose 5% to USD 1.11B Adjusted operating net revenues increased 13% to USD 4.9B; p
AMP Q2 adj EPS $11.07 tops est. $10.81; Q2 GAAP net Income rose 5% to USD 1.11B Adjusted operating net revenues increased 13% to USD 4.9B; pretax adjusted operating margin widened 0.7 percentage points to 27.2%. Assets under management, administration and advisement grew 14% to a record USD 1.8 trillion; the firm returned USD 932M to shareholders. CEO cited record firm-wide assets, momentum in fee-based Wealth and asset management, and faster AI adoption in advisor workflows.
AMP Q2 adj EPS $11.07 tops est. $10.81; Q2 GAAP net Income rose 5% to USD 1.11B Adjusted operating net revenues increased 13% to USD 4.9B; pretax adjusted operating margin widened 0.7 percentage points to 27.2%.
Assets under management, administration and advisement grew 14% to a record USD 1.8 trillion; the firm returned USD 932M to shareholders.
CEO cited record firm-wide assets, momentum in fee-based Wealth and asset management, and faster AI adoption in advisor workflows.