Ameriprise Financial, Inc. (AMP)

NYSE: AMP · IEX Real-Time Price · USD
407.93
+0.81 (0.20%)
Feb 26, 2024, 4:00 PM EST - Market closed
0.20%
Market Cap 40.83B
Revenue (ttm) 15.54B
Net Income (ttm) 2.56B
Shares Out 102.63M
EPS (ttm) 23.71
PE Ratio 17.20
Forward PE 11.84
Dividend $5.40 (1.32%)
Ex-Dividend Date Feb 8, 2024
Volume 396,462
Open 405.79
Previous Close 407.12
Day's Range 403.68 - 410.73
52-Week Range 275.09 - 410.71
Beta 1.36
Analysts Buy
Price Target 418.86 (+2.68%)
Earnings Date Apr 22, 2024

About AMP

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 fund... [Read more]

Sector Financials
IPO Date Oct 3, 2005
Employees 13,800
Stock Exchange NYSE
Ticker Symbol AMP
Full Company Profile

Financial Performance

In 2023, AMP's revenue was $15.54 billion, an increase of 8.96% compared to the previous year's $14.26 billion. Earnings were $2.56 billion, a decrease of -18.83%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for AMP stock is "Buy." The 12-month stock price forecast is $418.86, which is an increase of 2.68% from the latest price.

Price Target
$418.86
(2.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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....

17 hours ago - Business Wire

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 ...

14 days ago - Business Wire

Advisor Team with Over $525 Million in Assets Joins Ameriprise Financial for Independence and Client-Focus

MINNEAPOLIS--(BUSINESS WIRE)--Pacific Crest Planning, a wealth management practice managing over $525 million in client assets, recently joined the independent channel of Ameriprise Financial, Inc. (N...

26 days ago - Business Wire

Advisor With $130 Million in Assets Joins Ameriprise Financial for Client Service Focus and Flexibility

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Lance Lively, AAMS™, MBA recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Edward Jones in Sand Springs, Oklahoma w...

4 weeks ago - Business Wire

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 $1.35 per common share payable on February 27, 2024 to sharehol...

4 weeks ago - Business Wire

Ameriprise Financial Reports Fourth Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share   Return on Equity, ex AOCI (1)   Q4 2023     Q4 2023 GAAP $3.57   GAAP 39.9% Adjusted Operating $7.20 ...

4 weeks ago - Business Wire

Ameriprise Attracts Advisor with More Than $100 Million in Assets to its Financial Institutions Channel for Client-Centric Culture

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Roberto Vargas has moved his practice from J.P. Morgan Securities, Inc. where he managed ove...

4 weeks ago - Business Wire

Advisor with $110 Million in Assets Joins Ameriprise Financial for Independence and Personalized Support

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Bill Peacock, MBA recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial in San Angelo, Texas with more th...

5 weeks ago - Business Wire

321 Ameriprise Financial Advisor Teams Named to the Forbes Best-in-State Wealth Management Teams List

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Inc., (NYSE: AMP) announced that 321 of the firm's financial advisor teams were named to the Forbes list of Best-in-State Wealth Management Teams. Fo...

5 weeks ago - Business Wire

Ameriprise Financial Announces Schedule for Fourth Quarter 2023 Investor Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its fourth quarter 2023 financial results on Wednesday, January 24, 2024 after the close of the New York Stock Ex...

6 weeks ago - Business Wire

A $6 Billion Ameriprise Team That Trains Its Advisors To Be Leaders

1-year-old John Kuttin has spent his entire career at Ameriprise Financial Services, having started in 1994 when the firm was called IDS Financial Services. Over the years he built up a large team—tod...

6 weeks ago - Forbes

Advisor with Over $100 Million Assets Joins Ameriprise Financial for Financial Planning Focus and Growth Opportunities

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Bruce Kunkle MBA, CFP®, RICP®, recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo with over $100 million in a...

7 weeks ago - Business Wire

Advisor with Over $730 Million in Assets Joins Ameriprise for Strength in Comprehensive Financial Planning and Advice Capabilities

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor F. Pat Cunnane, CIMA®, MBA, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial's Cleveland-based Maste...

3 months ago - Business Wire

Ameriprise Financial Recognized by J.D. Power for its “Outstanding Customer Service Experience” for the Fifth Consecutive Year

MINNEAPOLIS--(BUSINESS WIRE)--For the fifth year in a row, Ameriprise Financial (NYSE: AMP) has received a J.D. Power certification for delivering an “outstanding customer service experience” to its f...

3 months ago - Business Wire

$130 Million Advisor Team Joins Ameriprise Financial to Enhance the Experience They Deliver to Clients

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Jason Kokaly and Brian Reiber recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Edward Jones in Flint, Michigan wi...

3 months ago - Business Wire

Parties Close Arrangement for Ameriprise to Become Comerica's New Investment Program Provider

MINNEAPOLIS & DALLAS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) and Comerica, Inc. (NYSE: CMA) today announced that Ameriprise Financial Services, LLC and Comerica (through certain affil...

Other symbols: CMA
3 months ago - Business Wire

Ameriprise Financial Named a Military Friendly® Employer For Tenth Consecutive Year

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced it was named a 2024 Military Friendly® Employer by VIQTORY, a company that connects the military community to civil...

3 months ago - Business Wire

AM Best Assigns Issue Credit Rating to Ameriprise Financial, Inc.'s New Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the recently announced $600 million, 5.7% 5-year senior unsecured notes, due De...

3 months ago - Business Wire

Millionaires Share Practical Financial Tips in New Research from Ameriprise Financial

MINNEAPOLIS--(BUSINESS WIRE)--What does it take to become a millionaire? New research from Ameriprise Financial (NYSE: AMP) confirms that it comes down to practical behaviors and discipline around mon...

4 months ago - Business Wire

Ameriprise Financial and Feeding America® Join Forces to Help People in Need Ahead of the Holidays

MINNEAPOLIS--(BUSINESS WIRE)--For the 14th consecutive year, Ameriprise Financial is partnering with Feeding America®, the nation's largest domestic hunger-relief organization, to help provide meals f...

4 months ago - Business Wire

Ameriprise Financial Reports Third Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP): Earnings Per Diluted Share   Return on Equity, ex AOCI (1)   Q3 2023     Q3 2023 GAAP $8.14   GAAP 44.4% Adjusted Operating $6.96 ...

4 months ago - Business Wire

Ameriprise Financial Announces Schedule for Third Quarter 2023 Investor Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its third quarter financial results on Wednesday, October 25, 2023 after the close of the New York Stock Exchange...

4 months ago - Business Wire

Advisor With $170 Million in Assets Joins Ameriprise Financial to Fulfill Growth Aspirations

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Nicole Boulais, AAMS®, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Raymond James where she managed $170 milli...

5 months ago - Business Wire

Thirteen Ameriprise Financial Advisors Recognized on Barron's "2023 Top Independent Financial Advisors" Ranking

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that 13 of the firm's financial advisors have been recognized on Barron's “Top Independent Financial Advisors” ranking. E...

5 months ago - Business Wire

Ameriprise Financial Matching Public Donations to Feeding America Now Through Oct. 31

MINNEAPOLIS--(BUSINESS WIRE)--For the 12th consecutive year, Ameriprise Financial, Inc. (NYSE: AMP) will match donations to Feeding America® (up to $250,000) to help the more than 34 million people in...

5 months ago - Business Wire