AMP - Ameriprise Financial Inc Stock Price, Fair Value and News

425.84USD+0.97 (+0.23%)Market Closed

Market Summary

USD425.84+0.97

Market Closed

0.23%

AMP Alerts

Big jump in Earnings (Y/Y)

AMP Stock Price

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AMP RSI Chart

AMP Valuation

Market Cap

42.3B

Price/Earnings (Trailing)

13.52

Price/Sales (Trailing)

2.55

EV/EBITDA

9.27

Price/Free Cashflow

8.34

AMP Price/Sales (Trailing)

AMP Profitability

EBT Margin

23.87%

Return on Equity

64.13%

Return on Assets

1.74%

Free Cashflow Yield

11.99%

AMP Fundamentals

AMP Revenue

Revenue (TTM)

16.6B

Rev. Growth (Yr)

12.48%

Rev. Growth (Qtr)

3.77%

AMP Earnings

Earnings (TTM)

3.1B

Earnings Growth (Yr)

137.41%

Earnings Growth (Qtr)

162.6%

Breaking Down AMP Revenue

Last 7 days

Last 30 days

-2.3%

Last 90 days

7.9%

Trailing 12 Months

45.1%

How does AMP drawdown profile look like?

AMP Financial Health

Debt/Equity

0.44

Debt/Cashflow

2.35

AMP Investor Care

Dividend Yield

0.8%

Dividend/Share (TTM)

3.39

Buy Backs (1Y)

4.66%

Diluted EPS (TTM)

29.38

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	16.6B	0	0	0
2023	14.6B	15.1B	15.6B	16.1B
2022	13.7B	13.8B	14.4B	14.3B
2021	12.3B	12.9B	12.8B	13.4B
2020	13.0B	12.4B	12.1B	12.0B
2019	12.9B	13.0B	13.0B	13.1B
2018	12.4B	12.6B	12.9B	12.9B
2017	12.0B	12.1B	12.2B	12.2B
2016	11.9B	11.7B	11.8B	11.8B
2015	12.4B	12.4B	12.2B	12.2B
2014	11.5B	11.9B	12.2B	12.3B
2013	10.4B	10.6B	11.0B	11.2B
2012	10.3B	10.2B	10.2B	10.3B
2011	10.4B	10.5B	10.6B	10.2B
2010	8.5B	9.1B	9.4B	10.1B
2009	6.8B	6.7B	7.0B	7.9B
2008	0	8.2B	7.6B	7.1B
2007	0	0	0	8.8B

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Tracking the Latest Insider Buys and Sells of Ameriprise Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 29, 2031	berman walter stanley	acquired	-	-	6,630	executive vp and cfo
Mar 27, 2024	alvero gumer	sold (taxes)	-1,126,780	436	-2,583	president-insurance&annuities
Mar 27, 2024	alvero gumer	sold	-721,930	437	-1,652	president-insurance&annuities
Mar 27, 2024	alvero gumer	acquired	522,472	123	4,235	president-insurance&annuities
Mar 26, 2024	brockman dawn m.	sold	-97,244	434	-224	svp and controller
Mar 26, 2024	brockman dawn m.	acquired	59,358	128	461	svp and controller
Mar 26, 2024	brockman dawn m.	sold (taxes)	-102,737	433	-237	svp and controller
Feb 28, 2024	truscott william f	sold	-3,296,360	412	-8,000	ceo, global asset management
Feb 26, 2024	cracchiolo james m	sold	-2,043,160	408	-5,000	chairman and ceo
Feb 26, 2024	smyth gerard p.	sold (taxes)	-1,786,470	408	-4,371	evp technology and cio

Which funds bought or sold AMP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Concurrent Investment Advisors, LLC	new	-	216,559	216,559	0.01%
May 07, 2024	OPPENHEIMER & CO INC	reduced	-0.46	284,256	2,191,760	0.04%
May 07, 2024	NDVR, Inc.	new	-	245,965	245,965	0.23%
May 07, 2024	Smithfield Trust Co	added	0.75	52,000	354,000	0.02%
May 07, 2024	ClariVest Asset Management LLC	added	66.67	3,151	6,572	-%
May 07, 2024	Brooklyn Investment Group	reduced	-7.26	21,911	377,432	0.16%
May 07, 2024	HYMAN CHARLES D	unchanged	-	44,000	331,000	0.02%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	added	3.87	1,444,330	8,706,770	0.11%
May 07, 2024	TECTONIC ADVISORS LLC	added	5.34	246,054	1,384,790	0.11%
May 07, 2024	Cornerstone Planning Group LLC	added	0.81	20,859	208,748	0.06%

Are Funds Buying or Selling AMP?

Are funds buying AMP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AMP

No. of Funds

AMP Alerts

Big jump in Earnings (Y/Y)

Unveiling Ameriprise Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.85%	13,005,378	SC 13G/A
Jan 25, 2024	blackrock inc.	8.2%	8,338,157	SC 13G/A
Feb 09, 2023	vanguard group inc	13.05%	13,882,564	SC 13G/A
Feb 06, 2023	blackrock inc.	8.5%	8,994,952	SC 13G/A
Feb 09, 2022	vanguard group inc	11.96%	13,379,178	SC 13G/A
Feb 01, 2022	blackrock inc.	7.5%	8,413,864	SC 13G/A
Feb 10, 2021	vanguard group inc	11.63%	13,724,686	SC 13G/A
Jan 29, 2021	blackrock inc.	7.4%	8,742,409	SC 13G/A
Feb 12, 2020	vanguard group inc	10.35%	13,113,966	SC 13G/A
Feb 05, 2020	blackrock inc.	7.6%	9,637,974	SC 13G/A

Recent SEC filings of Ameriprise Financial Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	8-K	Current Report
Apr 22, 2024	8-K	Current Report

Ameriprise Financial Inc News

Latest updates

Ameriprise Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.8%	4,325	4,168	4,076	4,007	3,845	3,719	3,499	3,489	3,627	3,744	2,902	3,397	3,346	3,189	3,013	2,730	3,026	3,317	3,351	3,282	3,153
Costs and Expenses	-16.3%	2,927	3,498	2,808	2,749	3,246	2,846	2,149	2,713	2,619	2,876	1,763	2,972	1,581	2,993	3,187	3,238	650	2,753	2,676	2,658	2,648
S&GA Expenses	-100.0%	-	1,017	950	967	937	957	925	894	947	960	822	830	823	828	763	776	753	839	820	823	805
EBITDA Margin	18.8%	0.24*	0.20*	0.25*	0.25*	0.24*	0.28*	0.28*	0.28*	0.26*	0.33*	0.29*	0.19*	-	-	-	-	-	-	-	-	-
Interest Expenses	100.0%	-	-309	351	-25.00	112	49.00	19.00	3.00	27.00	10.00	55.00	19.00	11.00	-29.00	36.00	45.00	55.00	-86.00	167	-26.00	68.00
Income Taxes	95.7%	229	117	245	237	79.00	168	274	159	181	166	210	67.00	325	13.00	-44.00	13.00	315	71.00	98.00	95.00	75.00
Earnings Before Taxes	146.8%	1,219	494	1,117	1,127	496	817	1,335	773	1,006	866	1,136	423	1,760	190	-184	-526	2,351	534	641	587	470
EBT Margin	18.8%	0.24*	0.20*	0.23*	0.25*	0.24*	0.27*	0.28*	0.27*	0.25*	0.31*	0.27*	0.17*	-	-	-	-	-	-	-	-	-
Net Income	162.6%	990	377	872	890	417	649	1,061	614	825	700	926	356	1,435	177	-140	-539	2,036	463	543	492	395
Net Income Margin	18.9%	0.19*	0.16*	0.18*	0.20*	0.19*	0.22*	0.22*	0.22*	0.21*	0.26*	0.23*	0.14*	-	-	-	-	-	-	-	-	-
Free Cashflow	-32.6%	1,444	2,143	925	561	1,056	1,217	1,372	1,409	409	1,551	843	1,931	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.6%	179,831	175,191	165,136	169,781	166,640	158,852	153,354	158,497	167,525	177,735	170,726	171,703	165,737	165,883	158,687	154,902	145,682	151,828	149,513	148,678	144,403
Cash Equivalents	-6.5%	8,059	8,620	7,991	8,732	9,838	8,755	9,615	9,382	8,811	9,569	9,554	8,833	7,536	8,903	10,219	10,119	11,677	6,213	7,566	6,738	5,761
Liabilities	2.6%	174,952	170,462	161,311	165,701	162,496	155,049	150,097	154,193	162,515	172,898	165,019	166,017	160,235	160,016	152,620	148,402	138,989	146,099	143,516	142,648	138,560
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	200	200	200	200	200	200	201	201	201	201
Long Term Debt	-100.0%	-	2,155	3,557	2,264	3,560	2,363	2,822	2,824	2,330	2,164	2,831	2,833	2,834	1,913	2,833	2,835	2,344	3,097	3,101	3,104	3,394
Shareholder's Equity	3.2%	4,879	4,729	3,825	4,080	4,144	3,803	3,618	4,070	4,524	4,837	5,707	5,686	5,502	6,131	6,067	6,500	6,693	5,911	5,997	6,030	5,843
Retained Earnings	3.9%	22,752	21,905	21,670	20,941	20,197	19,918	19,174	18,767	18,153	17,322	16,955	16,057	15,600	15,292	15,241	15,510	16,180	14,279	13,944	13,530	13,172
Additional Paid-In Capital	1.0%	9,924	9,824	9,744	9,670	9,612	9,517	9,434	9,380	9,348	9,220	9,118	9,049	8,982	8,822	8,677	8,622	8,578	8,461	8,392	8,337	8,270
Shares Outstanding	-	103	-	-	-	108	-	-	-	-	-	-	-	-	-	-	121	-	-	127	-	-
Float	-	-	-	-	34,100	-	-	-	25,800	-	-	-	28,400	-	-	-	18,100	-	-	-	19,000	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-32.6%	1,444	2,143	925	561	1,056	1,217	1,372	1,409	409	1,551	843	1,931	-1,000	-1,016	936	-190	4,893	-233	1,422	980	172
Share Based Compensation	-14.3%	42.00	49.00	46.00	46.00	46.00	43.00	41.00	42.00	44.00	28.00	50.00	39.00	35.00	39.00	35.00	36.00	36.00	35.00	36.00	34.00	30.00
Cashflow From Investing	70.4%	-569	-1,920	-1,322	-2,874	-3,146	-4,342	-4,649	-2,927	-1,665	-3,007	-464	-100	-809	-473	-1,525	-856	-40.00	-1,498	-107	-1,148	-481
Cashflow From Financing	-475.6%	-1,431	381	-322	1,190	3,162	2,217	3,606	2,089	518	1,464	360	-534	433	159	676	-511	628	150	-432	1,205	291
Dividend Payments	1.5%	138	136	139	141	134	133	135	137	129	127	129	126	129	122	125	128	122	124	127	129	124
Buy Backs	34.5%	628	467	545	498	617	488	501	448	541	563	556	441	470	405	320	236	480	551	565	442	385

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AMP Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Net investment income	$ 901	$ 698
Premiums, policy and contract charges	390	362
Other revenues	129	131
Total revenues	4,325	3,845
Banking and deposit interest expense	179	103
Total net revenues	4,146	3,742
Benefits and expenses
Distribution expenses	1,419	1,226
Interest credited to fixed accounts	132	164
Benefits, claims, losses and settlement expenses	295	301
Remeasurement (gains) losses of future policy benefit reserves	(4)	(5)
Change in fair value of market risk benefits	(18)	489
Amortization of deferred acquisition costs	61	62
Interest and debt expense	82	72
General and administrative expense	960	937
Total benefits and expenses	2,927	3,246
Pretax income	1,219	496
Income tax provision	229	79
Net income	$ 990	$ 417
Earnings per share
Basic (in dollars per share)	$ 9.63	$ 3.86
Diluted (in dollars per share)	$ 9.46	$ 3.79
Management and financial advice fees
Revenues
Revenue from contracts with customers	$ 2,399	$ 2,137
Distribution fees
Revenues
Revenue from contracts with customers	$ 506	$ 517

AMP Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Market risk benefits	$ 1,964	$ 1,427
Separate account assets	79,753	77,457
Deferred acquisition costs	2,701	2,713
Restricted and segregated cash, cash equivalents and investments	1,591	1,635
Total assets	179,831	175,191
Liabilities:
Policyholder account balances, future policy benefits and claims	38,667	37,545
Market risk benefits	1,335	1,762
Separate account liabilities	79,753	77,457
Customer deposits	36,982	37,321
Short-term borrowings	201	201
Accounts payable and accrued expenses	2,166	2,603
Total liabilities	174,952	170,462
Equity:
Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 337,314,627 and 336,780,893, respectively)	3	3
Additional paid-in capital	9,924	9,824
Retained earnings	22,752	21,905
Treasury shares, at cost (237,670,262 and 236,607,681 shares, respectively)	(25,870)	(25,237)
Accumulated other comprehensive income (loss), net of tax	(1,930)	(1,766)
Total equity	4,879	4,729
Total liabilities and equity	179,831	175,191
Ameriprise Financial
Assets
Cash and cash equivalents	7,071	7,477
Investments	56,249	55,489
Receivables	14,911	15,078
Other assets	13,403	11,700
Liabilities:
Short-term borrowings	201	201
Long-term debt	3,398	3,399
Other liabilities	10,275	7,974
Consolidated investment entities
Assets
Cash and cash equivalents	135	87
Investments	2,028	2,099
Receivables	25	28
Other assets	0	1
Liabilities:
Long-term debt	2,119	2,155
Other liabilities	$ 56	$ 45

About Ameriprise Financial Inc

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. The company was founded in 1894 and is headquartered in Minneapolis, Minnesota.

CEO	Mr. James M. Cracchiolo
WEBSITE	ameriprise.com
INDUSTRY	Asset Management
EMPLOYEES	13500

Ameriprise Financial Inc Frequently Asked Questions

What is the ticker symbol for Ameriprise Financial Inc? What does AMP stand for in stocks?

AMP is the stock ticker symbol of Ameriprise Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ameriprise Financial Inc (AMP)?

As of Wed May 08 2024, market cap of Ameriprise Financial Inc is 42.3 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMP stock?

You can check AMP's fair value in chart for subscribers.

What is the fair value of AMP stock?

You can check AMP's fair value in chart for subscribers. The fair value of Ameriprise Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ameriprise Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ameriprise Financial Inc a good stock to buy?

The fair value guage provides a quick view whether AMP is over valued or under valued. Whether Ameriprise Financial Inc is cheap or expensive depends on the assumptions which impact Ameriprise Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMP.

What is Ameriprise Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AMP's PE ratio (Price to Earnings) is 13.52 and Price to Sales (PS) ratio is 2.55. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ameriprise Financial Inc's stock?

In the past 10 years, Ameriprise Financial Inc has provided 0.167 (multiply by 100 for percentage) rate of return.