AMERIPRISE FINANCIAL INC (AMP) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Revenues:
Advice & Wealth Management	1,354	2,059	1,814			1,714	1,884
Asset Management	789	881	1,017	1,435	903	865	828	361
Other	1,733	546	824	2,325	2,000	839	638	2,822
Total revenues	3,876	3,486	3,655	3,760	2,903	3,418	3,350	3,183
Revenue growth	11.2%	2.0%	9.1%	18.1%	-3.3%	26.0%	11.6%	-3.2%
Loss and loss adjustment expenses	327	-196	211	378	-719	404	653	982
Policy acquisition costs			96	47	9	63	5	-72
Other operating expenses	2,338	2,669	2,385	2,427	1,560	2,187	2,157	2,011
General and administrative	967	894	947	3,242	822	830	823	2,752
EBITDA		825	959	927	1,309	824	598	196
EBITDA margin	31.2%	23.7%	26.2%	24.7%	45.1%	24.1%	17.9%	6.2%
Depreciation		8	-12	3	-25	60	60	57
EBIT	1,211	817	971	924	1,334	764	538	139
EBIT margin	31.2%	23.4%	26.6%	24.6%	46.0%	22.4%	16.1%	4.4%
Interest income, net [+]	84	44	48	58	64	43	45	0
Interest expense	84	44	40	42	64	43	42
Interest income	168	88	88	100	128	86	87
Other income (expense), net			-8	-16			-3	13
Pre-tax income	1,127	773	923	866	1,270	721	493	190
Income taxes	237	159	162	165	239	130	56	13
Tax rate	21.0%	20.6%	17.6%	19.1%	18.8%	18.0%	11.4%	6.8%
Earnings from continuing ops	890	614	761	701	1,031	591	437	177
Earnings from discontinued ops				0	0			0
Net income	890	614	761	701	1,031	591	437	177
Net margin	23.0%	17.6%	20.8%	18.6%	35.5%	17.3%	13.0%	5.6%

Basic EPS	$8.36	$5.47	$6.69	$5.98	$8.86	$4.99	$3.65	$1.43
Diluted EPS	$8.21	$5.37	$6.55	$5.84	$8.65	$4.88	$3.58	$1.41

Shares outstanding (basic)	106	112	114	117	116	118	120	124
Shares outstanding (diluted)	108	114	116	120	119	121	122	126

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.