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Ameriprise Financial AMP Asset Management — Banking and deposit interest expense

Other segment segments

Advice & Wealth Management
$74M-41.7%
Corporate & Other
$4M-50.0%
Retirement & Protection Solutions
$0

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APOAsset Management — Total Interest Expense
$77M+28.3%

Other financials

Income statement

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Revenue$4.8B+10.5%
Net income$915.0M+56.9%
EPS (diluted)$9.68+66.0%

Balance sheet

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Cash & equivalents$9.4B+4.8%
Total debt$276.0M-14.3%
Total equity$6.2B+14.5%
Total assets$184.45B+3.0%

Cash flow

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Operating cash flow$459.0M-72.8%
CapEx$29.0M-19.4%
Free cash flow$430.0M-73.9%

Valuation

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Market cap$40.75B-16.1%
P/E10.5×-5.8×
P/S2.2×-0.6×

Profitability

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Net margin20.6%+3.4pp
FCF margin36.7%-1.6pp

Returns & leverage

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Return on equity66.9%+8.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Ameriprise Financial in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseDeposits.

The official record: Ameriprise Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ameriprise Financial's asset management — banking and deposit interest expense?
Ameriprise Financial (AMP) reported asset management — banking and deposit interest expense of $0 in Q1 2026.
What does asset management — banking and deposit interest expense mean?
This represents the interest costs incurred on deposits and banking liabilities held within the asset management segment. It reflects the cost of funding the firm's banking operations and deposit-taking activities. Higher expenses here may indicate rising interest rate environments or increased reliance on deposit funding.