Ameriprise Financial (AMP) 10-K Summary — Year Ended Dec 31, 2024

Ameriprise Financial filed its annual 10-K for the most recent fiscal year. The filing covers the company's business overview, risk factors, management discussion, and liquidity and capital resources.

Key takeaway

Year ended Dec 31, 2024 · FY2025 10-K

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$17.9B

Revenue reported for the fiscal year.

Operating income

n/a

Income from operations reported for the year.

Net income

$3.4B

Net income reported for the year.

Operating cash flow

$6.6B

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%
Dec 31, 2024	$17.9B	+11.4%

Business overview

Ameriprise Financial provides financial planning, wealth management, and asset management services. The company operates through segments including Advice & Wealth Management, Asset Management, and Annuities & Protection. Its business is described in Item 1 of the filing.

Financial performance

Revenue increased over the prior year, continuing a multi-year upward trend. Net income and operating cash flow were reported at levels consistent with the company's scale. The filing does not disclose operating income.

Material risks

The filing identifies risk factors in Item 1A, which include market, credit, and operational risks. These risks are inherent to the financial services industry and are described without exaggeration in the filing context.

Liquidity and capital

Liquidity and capital resources are discussed in Part II of the filing. The company reported operating cash flow that supports its capital allocation activities.

What to watch

Readers should monitor any changes in revenue growth rate or operating cash flow trends in the next filing.