Ameriprise Financial (AMP) reported Q1 adjusted operating earnings Thursday of $9.50 per diluted share, up from $8.39 a year earlier.
Analysts polled by FactSet expected $9.08.
Total revenue for the quarter ended March 31 was $4.48 billion compared with $4.33 billion a year earlier.
Analysts surveyed by FactSet expected $4.42 billion.
Ameriprise's board increased its quarterly cash dividend by 8% to $1.60 per share, payable May 19 to shareholders of record at the close of business May 5.
The board also authorized an additional $4.5 billion for the repurchase of the company's common shares through June 30, 2027.
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