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Ameriprise: 1Q Earnings Snapshot

MINNEAPOLIS (AP) _ Ameriprise Financial Services Inc. (AMP) on Wednesday reported first-quarter net income of $395 million.

On a per-share basis, the Minneapolis-based company said it had profit of $2.82. Earnings, adjusted for non-recurring costs, came to $3.75 per share.

The financial services company posted revenue of $3.12 billion in the period.

Ameriprise shares have climbed 38 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 17 percent. In the final minutes of trading on Wednesday, shares hit $144.17, a rise of 1 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMP at https://www.zacks.com/ap/AMP