Ameriprise Financial, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total net revenues of $3,103 million compared to $3,089 million a year ago. Income from continuing operations before income tax provision was $446 million compared to $558 million a year ago. Net income attributable to the company was $357 million or $2.00 per diluted share compared to $425 million or $2.23 per diluted share a year ago. 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.

For the year, the company reported total net revenues of $12,170 million compared to $12,268 million a year ago. Income from continuing operations before income tax provision was $2,142 million compared to $2,547 million a year ago. Net income attributable to the company was $1,562 million or $8.48 per diluted share compared to $1,619 million or $8.31 per diluted share a year ago. Return on equity excluding accumulated other comprehensive income (AOCI) was 21.4% compared to 21.5% a year ago. Operating return on equity excluding AOCI was 24.3% compared to 23.0% a year ago.