Ameriprise Financial Advice & Wealth Management — Banking and deposit interest expense decreased by 14.9% to $74.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.7%, from $127.00M to $74.00M. Over 4 years (FY 2021 to FY 2025), Advice & Wealth Management — Banking and deposit interest expense shows an upward trend with a 144.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase often reflects higher interest rate environments or growth in deposit balances, which may compress margins if not offset by asset yields.
This represents the interest costs incurred on deposits and banking products offered to wealth management clients. It is...
Standard interest expense line item for financial firms with integrated banking and wealth management operations.
amp_segment_advice_wealth_management_banking_and_deposit_interest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.00M | $3.00M | $2.00M | $2.00M | $3.00M | $15.00M | $56.00M | $103.00M | $131.00M | $151.00M | $176.00M | $179.00M | $172.00M | $163.00M | $148.00M | $127.00M | $115.00M | $102.00M | $87.00M | $74.00M |
| QoQ Change | — | +50.0% | -33.3% | +0.0% | +50.0% | +400.0% | +273.3% | +83.9% | +27.2% | +15.3% | +16.6% | +1.7% | -3.9% | -5.2% | -9.2% | -14.2% | -9.4% | -11.3% | -14.7% | -14.9% |
| YoY Change | — | — | — | — | +50.0% | +400.0% | >999% | >999% | >999% | +906.7% | +214.3% | +73.8% | +31.3% | +7.9% | -15.9% | -29.1% | -33.1% | -37.4% | -41.2% | -41.7% |