AMERIPRISE FINANCIAL INC
For the period ended Mar 31, 2024. Filed May 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 6, 2024
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Earnings per Share
Index
- Earnings per Share
The computations of basic and diluted earnings per share were as follows:
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (in millions, except per share amounts) | ||
| Numerator: | ||
| Net income | $990 | $417 |
| Denominator: | ||
| Basic: Weighted-average common shares outstanding | 102.8 | 107.9 |
| Effect of potentially dilutive nonqualified stock options and other share-based awards | 1.8 | 2.1 |
| Diluted: Weighted-average common shares outstanding | 104.6 | 110.0 |
| Earnings per share: | ||
| Basic | $9.63 | $3.86 |
| Diluted | $9.46 | $3.79 |
The calculation of diluted earnings per share excludes the incremental effect ofnil and 0.3 million options for the three months ended March 31, 2024 and 2023, respectively, due to their anti-dilutive effect.
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