Ameriprise Financial Inc Stock Research

Market Summary

USD313.20+9.47

Market Closed

3.12%

AMP Alerts

Big fall in earnings (Y/Y)

AMP Stock Price

AMP RSI Chart

AMP Valuation

Market Cap

33.8B

Price/Earnings (Trailing)

10.39

Price/Sales (Trailing)

2.44

EV/EBITDA

6.04

Price/Free Cashflow

8.02

AMP Price/Sales (Trailing)

AMP Profitability

EBT Margin

22.18%

Return on Equity

70.83%

Return on Assets

1.61%

Free Cashflow Yield

12.47%

AMP Fundamentals

AMP Revenue

Revenue (TTM)

14.5B

Revenue Y/Y

5.14%

Revenue Q/Q

4.68%

AMP Earnings

Earnings (TTM)

2.2B

Earnings Y/Y

-45.2%

Earnings Q/Q

-15.59%

Price Action

52 Week Range

218.08357.46

(Low)(High)

Last 7 days

1.3%

Last 30 days

9.0%

Last 90 days

-9.2%

Trailing 12 Months

14.6%

AMP Financial Health

AMP Investor Care

Diluted EPS (TTM)

19.72

Peers (Alternatives to Ameriprise Financial)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BX	63.4B	4.8B	7.19%	-24.55%	102.89	13.29	-62.27%	-88.42%
KKR	46.2B	7.8B	4.52%	-4.01%	-103.87	5.89	-64.76%	-115.12%
AMP	33.8B	14.5B	8.96%	14.63%	10.39	2.44	5.75%	-28.18%
BEN	12.5B	7.9B	-0.48%	-4.54%	14.76	1.59	-9.17%	-55.48%
MID-CAP
IVZ	7.8B	5.8B	-7.29%	-18.95%	11.43	1.29	-14.95%	-52.29%
HLI	5.7B	737.1M	3.32%	4.39%	47.36	7.78	-67.95%	-74.36%
AMG	5.4B	2.3B	3.50%	8.76%	4.75	2.34	-3.43%	102.56%
EVR	4.8B	2.6B	5.19%	0.93%	10.01	1.72	-21.95%	-46.68%
JHG	4.5B	2.1B	3.49%	0.13%	16.45	2.17	-24.19%	-55.18%
LAZ	3.2B	2.7B	5.04%	-12.41%	8.95	1.12	-18.40%	-60.07%
AMK	2.1B	646.6M	0.45%	37.25%	21.79	3.31	15.54%	72.98%
SMALL-CAP
DHIL	514.3M	146.2M	6.74%	-5.35%	11.68	3.52	-21.14%	-36.78%
VALU	457.1M	40.1M	3.86%	-32.32%	25.62	11.4	-0.04%	-31.55%
SCU	206.6M	434.9M	5.89%	-21.08%	82.34	0.37	-27.53%	-139.58%
PZN	161.6M	197.7M	0.84%	-7.62%	4	0.82	5.01%	-33.91%

Financials for Ameriprise Financial

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	1.3%	14,535	14,347	14,436	13,836	13,745
S&GA Expenses	-0.3%	3,713	3,723	3,726	3,623	3,559
Costs and Expenses	4.6%	11,603	11,089	10,985	9,812	9,956
EBITDA	-8.2%	3,142	3,421	3,988	3,852	-
EBITDA Margin	-7.6%	0.22*	0.24*	0.29*	0.28*	-
Earnings Before Taxes	-13.4%	2,755	3,182	3,429	4,014	3,780
EBT Margin	-6.6%	0.22*	0.24*	0.29*	0.28*	-
Net Income	-13.4%	2,215	2,559	2,766	3,249	3,084
Net Income Margin	-6.9%	0.18*	0.19*	0.23*	0.22*	-
Free Cahsflow	-7.0%	4,407	4,741	4,212	4,734	-

Balance Sheet
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	5.2%	166,640,000,000	158,468,000,000	153,354,000,000	158,497,000,000	167,525,000,000
Cash Equivalents	12.4%	9,838,000,000	8,755,000,000	9,615,000,000	9,382,000,000	8,811,000,000
Liabilities	4.9%	162,496,000,000	154,855,000,000	150,097,000,000	154,193,000,000	162,515,000,000
Shareholder's Equity	14.7%	4,144,000,000	3,613,000,000	3,257,000,000	4,304,000,000	5,010,000,000
Retained Earnings	3.4%	20,197,000,000	19,531,000,000	19,174,000,000	18,767,000,000	18,153,000,000
Additional Paid-In Capital	1.0%	9,612,000,000	9,517,000,000	9,434,000,000	9,380,000,000	9,348,000,000

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	14.7%	5,054	4,407	4,741	4,212	4,734
Share Based Compensation	1.2%	172	170	155	164	161
Cashflow From Investing	-10.9%	-15,064	-13,583	-12,248	-8,063	-5,236
Cashflow From Financing	31.4%	11,074	8,430	7,677	4,431	1,808
Dividend Payments	0.9%	539	534	528	522	511
Buy Backs	3.8%	2,054	1,978	2,053	2,108	2,101

Risks for AMP

What is the probability of a big loss on AMP?

67.3%

Probability that Ameriprise Financial stock will be more than 20% underwater in next one year

38.1%

Probability that Ameriprise Financial stock will be more than 30% underwater in next one year.

20.4%

Probability that Ameriprise Financial stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AMP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ameriprise Financial was unfortunately bought at previous high price.

Drawdowns

Returns for AMP

Cumulative Returns on AMP

16.9%

10-Year Cumulative Returns

20.2%

7-Year Cumulative Returns

19.8%

5-Year Cumulative Returns

30.9%

3-Year Cumulative Returns

What are the long-term rolling returns for AMP?

FIve years rolling returns for Ameriprise Financial.

Annualized Returns

Which funds bought or sold AMP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-06-01	PRELUDE CAPITAL MANAGEMENT, LLC	new	-	274,624	274,624	0.02%
2023-06-01	MACQUARIE GROUP LTD	reduced	-80.86	-36,327,900	8,433,400	0.01%
2023-05-31	Coastline Trust Co	unchanged	-	-7,718	485,803	0.07%
2023-05-26	ProShare Advisors LLC	added	9.84	589,120	7,838,120	0.02%
2023-05-25	Brandywine Global Investment Management, LLC	added	136	60,222,700	105,586,000	0.43%
2023-05-24	Old North State Trust, LLC	added	5.39	22,000	611,000	0.42%
2023-05-23	BROOKFIELD Corp /ON/	sold off	-100	-12,263,900	-	-%
2023-05-23	Toroso Investments, LLC	added	147	607,000	1,030,000	0.02%
2023-05-23	3Chopt Investment Partners, LLC	new	-	262,364	262,364	0.14%
2023-05-22	AMERIPRISE FINANCIAL INC	added	43.9	3,286,810	11,181,800	-%

Latest Funds Activity

Are funds buying AMP calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own AMP

No. of Funds

AMP Alerts

Big fall in earnings (Y/Y)

Ameriprise Financial News

Schedule 13G FIlings of Ameriprise Financial

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
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
Oct 10, 2019	vanguard group inc	10.26%	13,427,693	SC 13G/A

AMP Fair Value

Show Fair-Value

Recent SEC filings of Ameriprise Financial

View All Filings

Date Filed	Form Type	Document
May 22, 2023	13F-HR/A	Fund Holdings Report
May 15, 2023	13F-HR	Fund Holdings Report
May 02, 2023	10-Q	Quarterly Report
Apr 28, 2023	S-8 POS	Employee Benefits Plan
Apr 28, 2023	4	Insider Trading
Apr 28, 2023	4	Insider Trading
Apr 28, 2023	4	Insider Trading
Apr 28, 2023	4	Insider Trading
Apr 28, 2023	4	Insider Trading
Apr 28, 2023	4	Insider Trading

Latest Insider Trading transactions for AMP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2031-01-29	Berman Walter Stanley	acquired	-	-	6,630	executive vp and cfo
2023-04-27	Sharpe Robert Francis JR	gifted	-	-	-75.00	-
2023-02-15	Berman Walter Stanley	sold	-3,520,680	352	-10,000	executive vp and cfo
2023-02-14	Sweeney Joseph Edward	sold	-2,238,740	350	-6,390	pres-awm products & services
2023-02-13	TRUSCOTT WILLIAM F	sold	-4,079,240	355	-11,480	ceo, global asset management
2023-02-09	MELLOH HEATHER J.	sold (taxes)	-252,664	352	-717	evp and general counsel
2023-02-09	MELLOH HEATHER J.	sold	-271,358	352	-769	evp and general counsel
2023-02-09	MELLOH HEATHER J.	acquired	195,306	179	1,086	evp and general counsel
2023-02-07	CRACCHIOLO JAMES M	sold	-13,851,700	352	-39,343	chairman and ceo
2023-01-31	TRUSCOTT WILLIAM F	acquired	-	-	20,629	ceo, global asset management

About Ameriprise Financial

James M. Cracchiolo

www.ameriprise.com

12000

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. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

AMP Income Statement

2023-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2023

Mar. 31, 2022

^[1]

Revenues

Net investment income

$ 698

$ 261

Premiums, policy and contract charges

362

338

Other revenues

131

123

Total revenues

3,845

3,627

Banking and deposit interest expense

103

Total net revenues

3,742

3,625

Benefits and expenses

Distribution expenses

1,226

1,300

Interest credited to fixed accounts

164

141

Benefits, claims, losses and settlement expenses

301

Remeasurement (gains) losses of future policy benefit reserves

(5)

(6)

Change in fair value of market risk benefits

489

100

Amortization of deferred acquisition costs

Interest and debt expense

General and administrative expense

937

947

Total benefits and expenses

3,246

2,619

Pretax income

496

1,006

Income tax provision

181

Net income

$ 417

$ 825

Earnings per share

Basic (in dollars per share)

$ 3.86

$ 7.26

Diluted (in dollars per share)

$ 3.79

$ 7.10

Management and financial advice fees

Revenues

Revenue from contracts with customers

$ 2,137

$ 2,459

Distribution fees

Revenues

Revenue from contracts with customers

$ 517

$ 446

[1]	Certain prior period amounts have been restated. See Note 3 for more information.

AMP Balance Sheet

2023-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions

Mar. 31, 2023

Dec. 31, 2022

Assets

Market risk benefits

$ 990

$ 1,015

^[1]

Separate account assets

75,941

73,962

^[1]

Deferred acquisition costs

2,754

2,777

^[1]

Restricted and segregated cash, cash equivalents and investments

1,984

2,229

^[1]

Total assets

166,640

158,852

^[1]

Liabilities:

Policyholder account balances, future policy benefits and claims

34,932

34,132

^[1]

Market risk benefits

2,123

2,118

^[1]

Separate account liabilities

75,941

73,962

^[1]

Customer deposits

33,944

30,775

^[1]

Short-term borrowings

201

^[1]

Accounts payable and accrued expenses

2,027

2,242

^[1]

Total liabilities

162,496

155,049

^[1]

Equity:

Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 336,330,949 and 335,864,062, respectively)

^[1]

Additional paid-in capital

9,612

9,517

^[1]

Retained earnings

20,197

19,918

^[1]

Treasury shares, at cost (231,974,515 and 230,585,072 shares, respectively)

(23,683)

(23,089)

^[1]

Accumulated other comprehensive income (loss), net of tax

(1,985)

(2,546)

^[1]

Total equity

4,144

3,803

^[1]

Total liabilities and equity

166,640

158,852

^[1]

Ameriprise Financial

Assets

Cash and cash equivalents

8,386

6,964

^[1]

Investments

48,608

44,524

^[1]

Receivables

15,378

15,595

^[1]

Other assets

10,119

9,277

^[1]

Liabilities:

Short-term borrowings

201

Long-term debt

3,560

2,821

^[1]

Other liabilities

7,315

6,316

^[1]

Consolidated investment entities

Assets

Cash and cash equivalents

162

133

^[1]

Investments

2,294

2,354

^[1]

Receivables

^[1]

Other assets

^[1]

Liabilities:

Long-term debt

2,367

2,363

^[1]

Other liabilities

$ 86

$ 119

^[1]

[1]	Certain prior period amounts have been restated. See Note 3 for more information.