Ameriprise Financial, Inc. (AMP)
| Market Cap | 54.46B |
| Revenue (ttm) | 17.45B |
| Net Income (ttm) | 2.71B |
| Shares Out | 97.01M |
| EPS (ttm) | 26.03 |
| PE Ratio | 21.56 |
| Forward PE | 14.90 |
| Dividend | $5.92 (1.06%) |
| Ex-Dividend Date | Nov 4, 2024 |
| Volume | 311,783 |
| Open | 563.31 |
| Previous Close | 562.56 |
| Day's Range | 557.35 - 565.39 |
| 52-Week Range | 345.43 - 569.47 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 476.60 (-15.11%) |
| Earnings Date | Oct 23, 2024 |
About AMP
Ameriprise Financial, Inc., together with 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; mutua... [Read more]
Financial Performance
In 2023, Ameriprise Financial's revenue was $16.10 billion, an increase of 12.29% compared to the previous year's $14.33 billion. Earnings were $2.56 billion, a decrease of -18.83%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for AMP stock is "Buy." The 12-month stock price forecast is $476.6, which is a decrease of -15.11% from the latest price.
News
Ameriprise Financial and Feeding America® Join Forces to Help Provide Meals This Holiday Season
MINNEAPOLIS--(BUSINESS WIRE)--For the 15th consecutive year, Ameriprise Financial is partnering with Feeding America®, the nation's leading domestic hunger-relief organization, to help provide meals f...
Sophisticated Resources to Support High-Net-Worth Clients Draws Advisor with $100 Million to Ameriprise Team
MINNEAPOLIS--(BUSINESS WIRE)--Q5 Wealth Management, a team of five financial advisors managing $1.5 billion in client assets in Houston and Beaumont, Texas, recently expanded with the addition of fina...
Ameriprise Financial Named a Military Friendly® Employer for the Eleventh Consecutive Year
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced it was named a 2025 Military Friendly® Employer by VIQTORY, an organization that connects the military community to...
Ameriprise Financial Earns Five Awards for Excellence in Learning and Development from Brandon Hall Group
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced the firm won five awards for excellence in learning and development from research and analyst firm Brandon Hall Gro...
Advisor Team with $250+ Million Joins Ameriprise Financial from LPL to Elevate Client Experience
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Kelly France, CFP®, AWMA℠ and Dan Lotts recently joined a well-established independent Ameriprise Financial, Inc. (NYSE: AMP) practice, River Prairie W...
Ameriprise Financial, Inc. (AMP) Q3 2024 Earnings Call Transcript
Ameriprise Financial, Inc. (NYSE:AMP) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET Company Participants Alicia Charity - Senior Vice President, Investor Relations Jim Cracchiolo - Cha...
Ameriprise Financial Declares Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $1.48 per common share payable on November 15, 2024 to sharehol...
Ameriprise Financial Reports Third Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share Return on Equity, ex AOCI (1) Q3 2024 Q3 2024 GAAP $ 5.00 GAAP 40.1 % Adjusted Operating $ ...
Ameriprise Financial Announces Schedule for Third Quarter 2024 Investor Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its third quarter 2024 financial results on Wednesday, October 23, 2024 after the close of the New York Stock Exc...
Trade Tracker: Brian Belski buys Southern Co. and sells Ally Financial, Ameriprise
Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins 'Halftime Report' to detail his latest portfolio moves.
Ameriprise Financial: Advisor And Asset-Based Fees To Drive Further Growth While Costs Are Low
Ameriprise Financial points to growth in advisors and assets managed, which should drive fees revenue as expense growth has been under 1%. A macro environment of Fed rate cuts should lower interest ex...
21 Ameriprise Financial Advisors Recognized on Barron's "2024 Top 100 Independent Financial Advisors" Ranking
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that 21 of the firm's financial advisors have been recognized on Barron's “Top 100 Independent Financial Advisors” rankin...
Ameriprise Financial Matching Public Donations to Feeding America® Now Through Oct. 31
MINNEAPOLIS--(BUSINESS WIRE)--For the 13th consecutive year, Ameriprise Financial, Inc. (NYSE: AMP) will match donations to Feeding America® (up to $250,000) to help the more than 47 million people, i...
Financial Advisor with Nearly $150 Million in Assets Joins Ameriprise for Robust Technology and Financial Planning Capabilities
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that Financial Advisor Nathan Brown, AAMS™, CRPC™, CRPS™, recently joined the firm's branch channel from Edward Jon...
Northern Trust Hedge Fund Services Expands Capabilities to Meet Growing Demand for Energy Investing
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--Northern Trust Hedge Fund Services has enhanced its platform to support asset managers who trade in the energy and physical commodities markets.
96 Ameriprise Financial Advisors Named to Forbes “Best-in-State Next-Gen Wealth Advisors” List
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Inc. (NYSE: AMP) today announced that 96 Ameriprise financial advisors were named to the Forbes “Best-in-State Next-Gen Wealth Advisors” list. Forbes...
Ameriprise Financial Hosts Black Advisor Summit
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) recently hosted its Black Advisor Summit, bringing together financial advisors, field leaders and staff to celebrate and champion t...
Pricefx Announces Accelerate 2024 Agenda and Keynote Speaker
MUNICH & CHICAGO--(BUSINESS WIRE)-- #AI--Pricefx, the global leader in cloud pricing software, today announced it will hold its flagship pricing leadership and customer summit on Sept. 3-5 in Atlanta....
Financial Advisor with More Than $120 Million in Assets Joins Ameriprise to Elevate the Experience She Provides to Clients
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that financial advisor Karen DeBaker, CFP®, joined a well-established independent Ameriprise practice, Threshold Fi...
Bitwise Expands Into Europe With Acquisition of ETC Group, Issuer of the Largest Physical Bitcoin ETP in Europe (BTCE)
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management today announced the acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. The news marks ...
Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Under Armour Securities Litigation
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Under Armour Securities Litigation: IN THE UNITED STATES DISTRICT COURT FOR THE DI...
Elite Team Managing $1.5 Billion in Assets Joins Ameriprise Financial for Sophisticated Resources to Take Their Practice to the Next Level
MINNEAPOLIS--(BUSINESS WIRE)--Q5 Wealth Management, a financial advisory team managing $1.5 billion in client assets in Beaumont and Houston, Texas, recently joined the independent channel of Ameripri...
Eight Ameriprise Financial Advisors Named to Barron's “Top 100 Women Financial Advisors” List
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that eight of the firm's financial advisors were named to Barron's list of the “Top 100 Women Financial Advisors” in the ...
Ameriprise Financial Welcomes $150 Million UBS Advisor Looking for Greater Support and an Empowering Culture
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Michael Walstien joined Ameriprise Financial from UBS with $150 million in assets to receive greater support to serve clients.
Ameriprise Financial Files Lawsuit Against LPL Financial for Improperly Handling and Misappropriating Client Data and Trade Secrets During Advisor Transitions
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Services, LLC today filed a lawsuit in United States District Court contending that defendant LPL Financial LLC (LPL) is engaged in a widespread patt...