OREANDA-NEWS. January 28, 2016. Ameriprise Financial, Inc. (NYSE: AMP) today reported fourth quarter 2015 net income(1) of \\$357 million, or \\$2.00 per diluted share. Operating earnings were \\$441 million, with operating earnings per diluted share increasing to \\$2.47, up 7 percent.

Operating net revenues were flat at \\$3.0 billion reflecting flat and volatile equity markets and continued low interest rates, which were offset by asset management performance fees.
 
Operating expenses were \\$2.4 billion, up 1 percent from a year ago. General and administrative expenses increased 4 percent primarily associated with performance fees and collateralized loan obligation (CLO) liquidation benefits – these items accounted for 3 percent of the 4 percent increase. Overall, expenses remain well controlled.