04:50 PM EDT, 04/22/2024 (MT Newswires) -- Ameriprise Financial ( AMP ) reported Q1 adjusted operating earnings late Monday of $8.39 per diluted share, up from $7.25 a year earlier.

Analysts surveyed by Capital IQ expected $8.20.

Net revenue in the quarter ended March 31 rose to $4.15 billion from $3.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.12 billion.

The company increased the quarterly dividend 10% to $1.48 per share, payable May 17 to shareholders of record May 6.