Ameriprise Financial Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ameriprise Financial Inc reported revenue of $18.9B (+5.5% year on year) and net income of $3.6B (+4.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue from contracts with customers | $13.2B | $12.2B | $10.8B | $11.0B |
| Net investment income | $3.6B | $3.6B | $3.2B | $1.5B |
| Premiums, policy and contract charges | $1.6B | $1.6B | $1.5B | $1.4B |
| Other revenues | $528.0M | $516.0M | $513.0M | $491.0M |
| Total revenues | $18.9B | $17.9B | $16.1B | $14.3B |
| Banking and deposit interest expense | $431.0M | $662.0M | $561.0M | $76.0M |
| Total net revenues | $18.5B | $17.3B | $15.5B | $14.3B |
| Distribution expenses | $6.7B | $6.0B | $5.1B | $4.9B |
| Interest credited to fixed accounts | $475.0M | $616.0M | $654.0M | $665.0M |
| Benefits, claims, losses and settlement expenses | $1.3B | $1.3B | $1.4B | $1.4B |
| Remeasurement (gains) losses of future policy benefit reserves | $10.0M | ($44.0M) | ($20.0M) | — |
| Change in fair value of market risk benefits | $1.0B | $628.0M | $798.0M | — |
| Amortization of deferred acquisition costs | $242.0M | $242.0M | $246.0M | $208.0M |
| Interest and debt expense | $326.0M | $329.0M | $324.0M | $198.0M |
| General and administrative expense | $3.9B | $3.9B | $3.9B | $3.7B |
| Total benefits and expenses | $14.0B | $13.0B | $12.3B | $11.1B |
| Pretax income | $4.5B | $4.3B | $3.2B | $3.2B |
| Income tax provision | $941.0M | $866.0M | $678.0M | $623.0M |
| Net income | $3.6B | $3.4B | $2.6B | $2.6B |
| Basic (in dollars per share) | $36.85 | $33.67 | $24.18 | $22.99 |
| Diluted (in dollars per share) | $36.28 | $33.05 | $23.71 | $22.51 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue from contracts with customers | $3.6B | $3.5B | $3.4B | $3.1B |
| Net investment income | $893.0M | $872.0M | $920.0M | $891.0M |
| Premiums, policy and contract charges | $341.0M | $341.0M | $493.0M | $361.0M |
| Other revenues | $140.0M | $166.0M | $130.0M | $136.0M |
| Total revenues | $5.0B | $4.9B | $4.9B | $4.5B |
| Banking and deposit interest expense | $73.0M | $74.0M | $102.0M | $115.0M |
| Total net revenues | $4.9B | $4.8B | $4.8B | $4.4B |
| Distribution expenses | $2.1B | $1.8B | $1.7B | $1.6B |
| Interest credited to fixed accounts | $169.0M | $142.0M | $141.0M | $95.0M |
| Benefits, claims, losses and settlement expenses | $294.0M | $317.0M | $343.0M | $257.0M |
| Remeasurement (gains) losses of future policy benefit reserves | $1.0M | ($1.0M) | $22.0M | ($3.0M) |
| Change in fair value of market risk benefits | ($229.0M) | $378.0M | $302.0M | ($10.0M) |
| Amortization of deferred acquisition costs | $61.0M | $61.0M | $60.0M | $60.0M |
| Interest and debt expense | $84.0M | $80.0M | $84.0M | $82.0M |
| General and administrative expense | $1.0B | $918.0M | $951.0M | $947.0M |
| Total benefits and expenses | $3.5B | $3.7B | $3.6B | $3.0B |
| Pretax income | $1.4B | $1.1B | $1.2B | $1.4B |
| Income tax provision | $329.0M | $229.0M | $262.0M | $291.0M |
| Net income | $1.1B | $915.0M | $912.0M | $1.1B |
| Basic (in dollars per share) | $12.12 | $9.81 | $9.47 | $10.88 |
| Diluted (in dollars per share) | $11.98 | $9.68 | $9.33 | $10.73 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $10.1B | $8.5B | $7.6B | $7.1B |
| Investments | $61.0B | $58.8B | $57.6B | $46.9B |
| Market risk benefits | $2.3B | $2.2B | $1.4B | — |
| Separate account assets | $80.0B | $78.1B | $77.5B | $74.0B |
| Receivables | $14.9B | $14.5B | $15.1B | $15.8B |
| Deferred acquisition costs | $2.6B | $2.7B | $2.7B | $3.2B |
| Restricted and segregated cash, cash equivalents and investments | $1.1B | $1.4B | $1.6B | $2.2B |
| Other assets | $18.8B | $15.2B | $11.7B | $9.3B |
| Total assets | $190.9B | $181.4B | $175.2B | $158.5B |
| Policyholder account balances, future policy benefits and claims | $46.5B | $41.9B | $37.5B | $36.1B |
| Market risk benefits | $1.2B | $1.3B | $1.8B | — |
| Separate account liabilities | $80.0B | $78.1B | $77.5B | $74.0B |
| Customer deposits | $33.8B | $35.8B | $37.3B | $30.8B |
| Short-term borrowings | $200.0M | $201.0M | $201.0M | $201.0M |
| Long-term debt | $5.7B | $5.3B | $5.6B | $5.2B |
| Accounts payable and accrued expenses | $3.0B | $2.7B | $2.6B | $2.2B |
| Other liabilities | $14.0B | $10.9B | $8.0B | $6.4B |
| Total liabilities | $184.4B | $176.2B | $170.5B | $154.9B |
| Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 338,058,287 and 337,729,050, respectively) | 3.0M | 3.0M | 3.0M | 3.0M |
| Additional paid-in capital | $10.4B | $10.1B | $9.8B | $9.5B |
| Retained earnings | $27.7B | $24.7B | $21.9B | $19.5B |
| Treasury shares, at cost (246,794,407 and 241,562,357 shares, respectively) | -30.6B | -27.7B | -25.2B | -23.1B |
| Accumulated other comprehensive income (loss), net of tax | ($892.0M) | ($1.9B) | ($1.8B) | ($2.3B) |
| Total equity | $6.5B | $5.2B | $4.7B | $3.6B |
| Total liabilities and equity | $190.9B | $181.4B | $175.2B | $158.5B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $10.2B | $8.5B | $9.8B | $8.4B |
| Investments | $62.1B | $61.5B | $59.8B | $60.2B |
| Market risk benefits | $2.4B | $1.9B | $2.2B | $2.1B |
| Separate account assets | $81.0B | $76.5B | $80.7B | $78.8B |
| Receivables | $16.0B | $15.2B | $15.1B | $14.7B |
| Deferred acquisition costs | $2.6B | $2.6B | $2.6B | $2.6B |
| Restricted and segregated cash and cash equivalents | $911.0M | $924.0M | $1.2B | $1.2B |
| Other assets | $22.6B | $17.4B | $18.7B | $16.8B |
| Total assets | $197.9B | $184.4B | $190.1B | $184.9B |
| Policyholder account balances, future policy benefits and claims | $49.2B | $46.4B | $45.7B | $43.8B |
| Market risk benefits | $1.0B | $1.4B | $1.2B | $1.3B |
| Separate account liabilities | $81.0B | $76.5B | $80.7B | $78.8B |
| Customer deposits | $33.7B | $33.3B | $33.6B | $34.6B |
| Short-term borrowings | $200.0M | $200.0M | $201.0M | $201.0M |
| Long-term debt | $6.3B | $5.6B | $5.7B | $5.8B |
| Accounts payable and accrued expenses | $2.9B | $2.5B | $2.7B | $2.5B |
| Other liabilities | $17.1B | $12.4B | $13.8B | $11.8B |
| Total liabilities | $191.5B | $178.2B | $183.6B | $178.8B |
| Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 338,335,282 and 338,058,287, respectively) | 3.0M | 3.0M | 3.0M | 3.0M |
| Additional paid-in capital | $10.5B | $10.4B | $10.3B | $10.3B |
| Retained earnings | $29.4B | $28.4B | $26.8B | $26.1B |
| Treasury shares, at cost (249,886,450 and 246,794,407 shares, respectively) | -32.2B | -31.4B | -29.7B | -29.0B |
| Accumulated other comprehensive income (loss), net of tax | ($1.3B) | ($1.2B) | ($969.0M) | ($1.2B) |
| Total equity | $6.4B | $6.2B | $6.5B | $6.1B |
| Total liabilities and equity | $197.9B | $184.4B | $190.1B | $184.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $3.6B | $3.4B | $2.6B | $2.6B |
| Depreciation, amortization and accretion, net | ($93.0M) | ($159.0M) | ($154.0M) | ($40.0M) |
| Deferred income tax expense (benefit) | $157.0M | $125.0M | $18.0M | ($4.0M) |
| Share-based compensation | $206.0M | $193.0M | $187.0M | $170.0M |
| Net realized investment (gains) losses | ($3.0M) | $15.0M | $47.0M | ($1.0M) |
| Net trading (gains) losses | ($6.0M) | ($7.0M) | ($9.0M) | $16.0M |
| Loss from equity method investments | $8.0M | $19.0M | $27.0M | $36.0M |
| Impairments and provision for loan and credit losses | $19.0M | $9.0M | ($16.0M) | $98.0M |
| Net (gains) losses of consolidated investment entities | $12.0M | ($13.0M) | $23.0M | $17.0M |
| Restricted and segregated investments | $477.0M | $102.0M | ($8.0M) | ($96.0M) |
| Deferred acquisition costs | $52.0M | $36.0M | $64.0M | $11.0M |
| Policyholder account balances, future policy benefits and claims, and market risk benefits, net | $4.6B | $3.8B | $3.1B | $1.4B |
| Derivatives, net of collateral | ($394.0M) | ($1.7B) | ($624.0M) | $315.0M |
| Receivables | ($159.0M) | $215.0M | $276.0M | $44.0M |
| Brokerage deposits | ($385.0M) | ($55.0M) | ($781.0M) | ($345.0M) |
| Accounts payable and accrued expenses | $261.0M | $105.0M | $354.0M | ($219.0M) |
| Current income tax, net | ($108.0M) | $200.0M | ($387.0M) | $116.0M |
| Other operating assets and liabilities of consolidated investment entities, net | $6.0M | $1.0M | ($5.0M) | $2.0M |
| Other, net | $100.0M | $273.0M | $46.0M | $291.0M |
| Net cash provided by (used in) operating activities | $8.3B | $6.6B | $4.7B | $4.4B |
| Proceeds from sales | $2.2B | $2.3B | $734.0M | $1.3B |
| Maturities, sinking fund payments and calls | $16.9B | $15.7B | $9.2B | $7.6B |
| Purchases | ($19.5B) | ($18.5B) | ($19.7B) | ($22.0B) |
| Proceeds from sales, maturities and repayments of mortgage loans | $240.0M | $175.0M | $152.0M | $169.0M |
| Funding of mortgage loans | ($713.0M) | ($413.0M) | ($284.0M) | ($207.0M) |
| Proceeds from sales, maturities and collections of other investments | $70.0M | $123.0M | $145.0M | $96.0M |
| Purchase of other investments | ($51.0M) | ($158.0M) | ($116.0M) | ($99.0M) |
| Purchase of investments by consolidated investment entities | ($1.4B) | ($1.1B) | ($427.0M) | ($961.0M) |
| Proceeds from sales, maturities and repayments of investments by consolidated investment entities | $988.0M | $1.1B | $643.0M | $615.0M |
| Purchase of land, buildings, equipment and software | ($162.0M) | ($176.0M) | ($184.0M) | ($182.0M) |
| Cash paid for written options with deferred premiums | ($50.0M) | ($57.0M) | ($59.0M) | ($619.0M) |
| Cash received from written options with deferred premiums | $20.0M | $22.0M | $43.0M | $204.0M |
| Cash paid for deposit receivables | ($29.0M) | ($33.0M) | ($39.0M) | ($45.0M) |
| Cash received for deposit receivables | $427.0M | $592.0M | $774.0M | $550.0M |
| Other, net | ($406.0M) | ($106.0M) | ($180.0M) | ($31.0M) |
| Net cash provided by (used in) investing activities | ($1.5B) | ($551.0M) | ($9.3B) | ($13.6B) |
| Proceeds from additions | $3.1B | $4.9B | $11.2B | $8.3B |
| Maturities, withdrawals and cash surrenders | ($6.1B) | ($7.2B) | ($7.0B) | ($4.3B) |
| Deposits and other additions | $1.3B | $1.5B | $1.5B | $1.2B |
| Net transfers from (to) separate accounts | ($163.0M) | ($176.0M) | ($132.0M) | ($162.0M) |
| Surrenders and other benefits | ($1.5B) | ($1.8B) | ($2.1B) | ($1.5B) |
| Change in banking deposits, net | $1.4B | $809.0M | $3.2B | $6.9B |
| Cash paid for purchased options with deferred premiums | ($121.0M) | ($148.0M) | ($53.0M) | ($197.0M) |
| Cash received for purchased options with deferred premiums | $96.0M | $229.0M | $251.0M | $378.0M |
| Issuance of long-term debt, net of issuance costs | $741.0M | $0 | $1.3B | $495.0M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $2.0B | $915.0M | $2.6B | $1.6B |
| Depreciation, amortization and accretion, net | ($14.0M) | ($9.0M) | ($73.0M) | ($54.0M) |
| Deferred income tax expense (benefit) | $331.0M | ($19.0M) | $187.0M | $107.0M |
| Share-based compensation | $89.0M | $39.0M | $145.0M | $95.0M |
| Net realized investment (gains) losses | ($1.0M) | $0 | ($1.0M) | $10.0M |
| Net trading (gains) losses | ($3.0M) | ($1.0M) | ($4.0M) | ($2.0M) |
| Loss from equity method investments | $2.0M | $6.0M | $3.0M | $9.0M |
| Impairments and provision for loan and credit losses | $14.0M | ($1.0M) | $7.0M | ($4.0M) |
| Net (gains) losses of consolidated investment entities | $0 | $9.0M | $4.0M | $7.0M |
| Restricted and segregated investments | $0 | $0 | $477.0M | $477.0M |
| Deferred acquisition costs | $19.0M | $13.0M | $43.0M | $30.0M |
| Policyholder account balances, future policy benefits and claims, and market risk benefits, net | $2.7B | $728.0M | $3.8B | $2.2B |
| Derivatives, net of collateral | ($1.9B) | ($1.0B) | ($847.0M) | ($275.0M) |
| Receivables | ($981.0M) | ($269.0M) | ($451.0M) | ($103.0M) |
| Brokerage deposits | $475.0M | $14.0M | ($215.0M) | ($146.0M) |
| Accounts payable and accrued expenses | ($80.0M) | ($467.0M) | ($27.0M) | ($273.0M) |
| Current income tax, net | ($406.0M) | $240.0M | ($276.0M) | ($413.0M) |
| Other operating assets and liabilities of consolidated investment entities, net | ($12.0M) | ($7.0M) | $5.0M | $7.0M |
| Other, net | $1.1B | $308.0M | $341.0M | $157.0M |
| Net cash provided by (used in) operating activities | $3.3B | $459.0M | $5.7B | $3.5B |
| Proceeds from sales | $602.0M | $602.0M | $1.9B | $1.6B |
| Maturities, sinking fund payments and calls | $6.0B | $2.9B | $13.0B | $8.5B |
| Purchases | ($7.7B) | ($4.1B) | ($14.3B) | ($10.6B) |
| Proceeds from sales, maturities and repayments of mortgage loans | $189.0M | $111.0M | $153.0M | $86.0M |
| Funding of mortgage loans | ($539.0M) | ($207.0M) | ($450.0M) | ($240.0M) |
| Proceeds from sales, maturities and collections of other investments | $17.0M | $13.0M | $61.0M | $51.0M |
| Purchase of other investments | ($31.0M) | ($3.0M) | ($47.0M) | ($41.0M) |
| Purchase of investments by consolidated investment entities | ($425.0M) | ($259.0M) | ($1.1B) | ($731.0M) |
| Proceeds from sales, maturities and repayments of investments by consolidated investment entities | $433.0M | $245.0M | $663.0M | $426.0M |
| Purchase of land, buildings, equipment and software | ($66.0M) | ($29.0M) | ($118.0M) | ($74.0M) |
| Cash paid for written options with deferred premiums | ($73.0M) | ($73.0M) | $0 | $0 |
| Cash received from written options with deferred premiums | $18.0M | $18.0M | $5.0M | $5.0M |
| Cash paid for deposit receivables | ($14.0M) | ($7.0M) | ($22.0M) | ($15.0M) |
| Cash received for deposit receivables | $202.0M | $97.0M | $330.0M | $229.0M |
| Other, net | ($226.0M) | ($26.0M) | ($83.0M) | ($49.0M) |
| Net cash provided by (used in) investing activities | ($1.6B) | ($669.0M) | $65.0M | ($939.0M) |
| Proceeds from additions | $1.6B | $586.0M | $2.4B | $1.8B |
| Maturities, withdrawals and cash surrenders | ($2.4B) | ($1.2B) | ($4.7B) | ($3.1B) |
| Deposits and other additions | $685.0M | $266.0M | $967.0M | $590.0M |
| Net transfers from (to) separate accounts | ($86.0M) | ($39.0M) | ($118.0M) | ($71.0M) |
| Surrenders and other benefits | ($654.0M) | ($327.0M) | ($1.1B) | ($751.0M) |
| Change in banking deposits, net | $277.0M | $109.0M | $286.0M | $191.0M |
| Cash paid for purchased options with deferred premiums | ($113.0M) | ($55.0M) | ($71.0M) | ($40.0M) |
| Cash received for purchased options with deferred premiums | $152.0M | $110.0M | $46.0M | $0 |
| Issuance of long-term debt, net of issuance costs | $742.0M | $0 | $740.0M | $740.0M |
Ameriprise Financial Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.