Ameriprise Financial (AMP) 10-K Summary — Year Ended Dec 31, 2023
Ameriprise Financial filed its annual report for the most recent fiscal year. The filing describes the company's business, risk factors, and financial condition.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Ameriprise Financial filed its annual report for the most recent fiscal year. The filing describes the company's business, risk factors, and financial condition.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$16.1B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$2.6B
Net income reported for the year.
Operating cash flow
$4.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $13.4B | n/a |
| Dec 31, 2022 | $14.3B | +7.1% |
| Dec 31, 2023 | $16.1B | +12.3% |
Business overview
Ameriprise Financial provides financial planning, wealth management, and asset management services. The company operates through segments including Advice & Wealth Management and Asset Management. Its business overview is described in Item 1 of the filing.
Financial performance
Revenue increased over the prior year, while net income and operating cash flow were reported at specific levels. The trend shows revenue growth across the most recent three reported periods.
Material risks
The filing identifies risk factors in Item 1A, including market conditions, regulatory changes, and operational risks. These factors could affect the company's financial results and business operations.
Liquidity and capital
The filing includes a discussion of liquidity and capital resources in Part II. No specific capital allocation themes beyond routine management of financial condition are detailed in the supplied context.
What to watch
Readers should monitor any changes in the company's revenue trend or risk factor disclosures in the next filing.