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Ameriprise Financial AMP Other Life Insurance — Amortization of deferred acquisition costs

Other product segments

Total, All Products
$59M0.0%
Variable Annuity
$27M-3.6%
Variable Universal Life Insurance
$12M+9.1%
Structured Variable Annuities
$11M+22.2%
Indexed Universal Life Insurance
$4M0.0%
Disability Income Insurance
$2M0.0%
Universal Life Insurance
$2M0.0%
Fixed Annuity
$1M-50.0%
Fixed Indexed Annuity
$0
Life Contingent Payout Annuities
$0
Term and Whole Life Insurance
$0-100%

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$4.85M+2.0%
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$8M0.0%
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$6.8M-4.2%

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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 other life insurance — amortization of deferred acquisition costs?
Ameriprise Financial (AMP) reported other life insurance — amortization of deferred acquisition costs of $0 in Q1 2026.
What does other life insurance — amortization of deferred acquisition costs mean?
The periodic expense recognized as deferred acquisition costs are systematically written off over the life of the insurance contracts. This reflects the matching principle, aligning the cost of acquiring policies with the revenue generated over time. It is a primary driver of insurance segment operating expenses.