10-K/APeriod: FY2025

AMERIPRISE FINANCIAL INC Annual Report (Amendment), Year Ended Dec 31, 2025

Filed March 12, 2026For Securities:AMP

Summary

Ameriprise Financial, Inc.'s fiscal year 2025 demonstrated robust financial performance, with total revenues increasing to $18.48 billion, up from $17.26 billion in 2024. This growth was primarily driven by increases in management and financial advice fees, alongside strong performance in net investment income. Net income also saw a healthy rise to $3.56 billion, translating to diluted earnings per share of $36.28. The company maintained a strong capital position, with total equity reaching $6.55 billion. Key financial highlights include solid growth in Advice & Wealth Management, driven by advisory and financial planning fees. The Asset Management segment also showed resilience, with asset management fees contributing significantly. The Retirement & Protection Solutions segment continued to be a substantial contributor to overall revenue. The company's effective tax rate remained stable, and it maintained strong regulatory capital ratios across its various subsidiaries, indicating a sound financial foundation and effective risk management.

Financial Highlights

34 data points
Beta

Revenue

$18.91B

Net Income

$3.56B

18.8% Net Margin

EPS (Diluted)

$36.28

Total Assets

$190.90B

Cash & Equivalents

$11.16B

Free Cash Flow

$8.32B

Financial Statements
Beta
Revenue$18.91B
Operating Expenses$13.98B
Net Income$3.56B
EPS (Basic)$36.85
EPS (Diluted)$36.28
Shares Outstanding (Basic)96.70M
Shares Outstanding (Diluted)98.20M

Key Highlights

  • 1Total revenues increased to $18.48 billion in 2025 from $17.26 billion in 2024, primarily driven by growth in management and financial advice fees and net investment income.
  • 2Net income rose to $3.56 billion in 2025, resulting in diluted earnings per share of $36.28.
  • 3Total equity grew to $6.55 billion as of December 31, 2025.
  • 4The Advice & Wealth Management segment showed strong revenue growth, driven by advisory and financial planning fees.
  • 5Asset Management segment fees contributed significantly to overall revenue, reflecting the company's investment management capabilities.
  • 6The company maintained strong regulatory capital ratios, exceeding minimum requirements across its subsidiaries.
  • 7Shareholders' equity increased to $6.55 billion, supported by retained earnings and other comprehensive income.

Frequently Asked Questions

Ameriprise Financial's revenue growth in 2025 was primarily driven by increases in management and financial advice fees, which grew significantly, and a healthy increase in net investment income. The Advice & Wealth Management segment, in particular, saw strong performance from advisory and financial planning fees.

Profitability improved in 2025, with net income reaching $3.56 billion, an increase from the previous year. This resulted in diluted earnings per share of $36.28, reflecting strong operational performance and effective management of expenses.

Ameriprise Financial maintained a strong capital position in 2025, with total equity increasing to $6.55 billion. The company also reported strong regulatory capital ratios across its various subsidiaries, indicating a solid financial foundation and compliance with regulatory requirements.

Yes, for segment reporting, Ameriprise Financial adjusts its operating measures to exclude items such as net realized investment gains or losses, the market impact on non-traditional long-duration products, mean reversion related impacts, integration and restructuring charges, and the impact of consolidating investment entities. These adjustments are made to reflect the underlying performance of core operations and facilitate trend analysis.