Ameriprise Financial, Inc. (AMP)
| Market Cap | 43.66B |
| Revenue (ttm) | 15.94B |
| Net Income (ttm) | 3.13B |
| Shares Out | 99.32M |
| EPS (ttm) | 29.38 |
| PE Ratio | 14.96 |
| Forward PE | 12.22 |
| Dividend | $5.92 (1.35%) |
| Ex-Dividend Date | Aug 5, 2024 |
| Volume | 530,890 |
| Open | 442.07 |
| Previous Close | 441.67 |
| Day's Range | 436.98 - 444.92 |
| 52-Week Range | 306.63 - 449.94 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 453.10 (+3.09%) |
| Earnings Date | Jul 24, 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, AMP'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 $453.1, which is an increase of 3.09% from the latest price.
News
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 August 16, 2024 to shareholde...
Ameriprise Financial Reports Second Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE:AMP): Earnings Per Diluted Share Return on Equity, ex AOCI (1) Q2 2024 Q2 2024 GAAP $8.02 GAAP 45.9% Adjusted Operating $8.53 ...
Ameriprise Financial Gives Nearly $2 million in Grant Funding to Help Families and Individuals in Need
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced it recently donated nearly $2 million to nonprofits across the U.S. as part of its first-round of 2024 grants. In c...
Advisor Team with $250 Million Joins Ameriprise From LPL for Enhanced Planning Capabilities, Support and Technology
MINNEAPOLIS--(BUSINESS WIRE)--Private Wealth Advisor John Cortale recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial in Washington D.C. with $250 mill...
Ameriprise Financial Announces Schedule for Second Quarter 2024 Investor Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its second quarter 2024 financial results on Wednesday, July 24, 2024 after the close of the New York Stock Excha...
Ameriprise Financial Celebrates 130-Year Anniversary and Its Unwavering Commitment to Clients
MINNEAPOLIS--(BUSINESS WIRE)--On Saturday, June 29, Ameriprise Financial, Inc. (NYSE: AMP) will celebrate its 130th anniversary. The firm, founded in Minneapolis in 1894, today operates in 18 countrie...
87 Ameriprise Financial Advisors Named to AdvisorHub's “Advisors to Watch” Rankings
MINNEAPOLIS--(BUSINESS WIRE)--Today, Ameriprise Financial (NYSE: AMP) announced that 87 of the firm's financial advisors were named to AdvisorHub's third annual “Advisors to Watch” lists. AdvisorHub, ...
Financial Advisor with Over $100 Million and Nearly 30-Years of Industry Experience Joins Ameriprise Financial to Fulfill Growth Aspirations
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Michael Cruz recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo Clearing Services, LLC with $100 million in a...
Advisor Team with $105 Million In Assets Returns to Ameriprise Financial After 5 Years at LPL
MINNEAPOLIS--(BUSINESS WIRE)--Private Wealth Advisor Kyle Rasmussen, CFP®, APMA™ and Financial Advisor Nick Blasberg recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) f...
Julie Wallace Moves Her $100 Million Practice to Ameriprise Financial to Embrace Client-First Culture and Operational Excellence
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Julie Wallace recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo Clearing Services, LLC in Petaluma, Cal...
Ameriprise Financial Increases Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) increased the company's quarterly cash dividend by 10 percent, or $0.13 per common share, to $1.48 per co...
Ameriprise Financial Reports First Quarter 2024 Results, Raises Quarterly Dividend 10 Percent
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share Return on Equity, ex AOCI (1) Q1 2024 Q1 2024 GAAP $9.46 GAAP 48.1% Adjusted Operating $8.39 ...
Ameriprise Financial Recognized by Newsweek as One of “America's Greatest Workplaces for Women”
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) has been named by Newsweek as one of “America's Greatest Workplaces for Women 2024.” The list ranks U.S. companies with the highest overa...
American Couples Have Shared Goals for Retirement, but Haven't Nailed Down the Details: New Research from Ameriprise Financial
MINNEAPOLIS--(BUSINESS WIRE)--American investors in committed relationships overwhelmingly trust their spouses or partners on money matters (95%) and share similar goals for retirement (93%), but some...
Ameriprise Financial Motivates and Empowers Women at Its 7th Annual Women Advisor Summits
MINNEAPOLIS--(BUSINESS WIRE)--More than 750 advisors, staff members and corporate leaders from Ameriprise Financial (NYSE: AMP) recently gathered in Orlando, FL and Atlanta, GA for the firm's seventh ...
Kinecta Federal Credit Union Moves its Wealth Management Program to Ameriprise Financial
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced Kinecta Federal Credit Union, a member-owned financial institution, will transition the support of Kinecta Wealth Managem...
Sirion Celebrates a Year of Significant Growth With a New Brand Identity, Reinforcing Its Commitment to Revolutionizing Contract Management with AI
SALT LAKE CITY--(BUSINESS WIRE)--Sirion, the AI-native, unified contract lifecycle management (CLM) platform, today announced a comprehensive rebrand that reflects its sustained growth and renewed com...
Advisor With Over $100 Million in Assets Joins Ameriprise to Elevate the Experience He Delivers for Clients
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Joe Chairez MBA, CFP®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from J.P. Morgan Securities with $105 million in ass...
Ameriprise Financial Announces Schedule for First Quarter 2024 Investor Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its first quarter 2024 financial results on Monday, April 22, 2024 after the close of the New York Stock Exchange...
68 Ameriprise Financial Advisors Named to the Barron's “Top 1,200 Financial Advisors” List
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that 68 of its financial advisors were named to the 2024 Barron's “Top 1,200 Financial Advisors” list. Barron's recognize...
Ameriprise Financial Earns Technology Innovation Award for its Exclusive eMeeting Capability
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced it received the Bank Insurance and Securities Association (BISA) Technology and Innovation Award for its exclusive eMeeti...
Advisor Team with $320 Million in Assets Joins Ameriprise Financial for Advisor-Client Experience and Practice Management Tools and Expertise
MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Jim Guthrie CFP®, CRPC™, MBA and Stephen Rouner recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Merrill Lynch with $3...
Ameriprise Financial Recognized by Forbes as One of “America's Best Large Employers” for the Fourth Year in a Row
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) has been named by Forbes as one of “America's Best Large Employers” for the fourth consecutive year. The 2024 list ranks the top 600 U.S....
Ameriprise Financial, Along with its Employees and Advisors, Donated More than $16.5 Million in 2023
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) and its employees and advisors donated more than $16.5 million through corporate grants, individual donations and gift matching in ...