Ameriprise Financial
Market Cap
US$20.2b
Last Updated
2019/11/11 23:52 UTC
Data Sources
Company Financials +
Executive Summary
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally.
Snowflake
Fundamentals
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Ameriprise Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMP has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.0%
AMP
0.6%
US Capital Markets
0.3%
US Market
1 Year Return
26.6%
AMP
8.1%
US Capital Markets
12.5%
US Market
Return vs Industry: AMP exceeded the US Capital Markets industry which returned 8.1% over the past year.
Return vs Market: AMP exceeded the US Market which returned 12.5% over the past year.
Shareholder returns
| AMP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 0.6% | 0.3% |
| 30 Day | 14.5% | 6.0% | 4.1% |
| 90 Day | 23.0% | 6.8% | 5.6% |
| 1 Year | 30.1%26.6% | 10.5%8.1% | 15.0%12.5% |
| 3 Year | 49.5%38.6% | 42.3%34.1% | 49.1%39.4% |
| 5 Year | 39.8%22.8% | 74.6%58.4% | 62.8%44.7% |
Price Volatility Vs. Market
How volatile is Ameriprise Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Have Insiders Sold Ameriprise Financial, Inc. (NYSE:AMP) Shares Recently?2 weeks ago | Simply Wall St
Ameriprise Financial, Inc. (NYSE:AMP) Passed Our Checks, And It's About To Pay A 0.6% DividendValuation
Is Ameriprise Financial undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AMP ($158.38) is trading below our estimate of fair value ($323.39)
Significantly Below Fair Value: AMP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AMP is good value based on its PE Ratio (11x) compared to the Capital Markets industry average (39.7x).
PE vs Market: AMP is good value based on its PE Ratio (11x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: AMP is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: AMP is good value based on its PB Ratio (3.4x) compared to the US Capital Markets industry average (6.6x).
Next Steps
Future Growth
How is Ameriprise Financial forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
6.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMP's forecast earnings growth (6.4% per year) is above the savings rate (2.7%).
Earnings vs Market: AMP's earnings (6.4% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: AMP's earnings are forecast to grow, but not significantly.
Revenue vs Market: AMP's revenue (1.6% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: AMP's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMP's Return on Equity is forecast to be very high in 3 years time (41.5%).
Next Steps
Past Performance
How has Ameriprise Financial performed over the past 5 years?
5.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMP has high quality earnings.
Growing Profit Margin: AMP's current net profit margins (15.2%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: AMP's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: AMP's earnings growth over the past year (13.4%) exceeds its 5-year average (5.1% per year).
Earnings vs Industry: AMP earnings growth over the past year (13.4%) underperformed the Capital Markets industry 21%.
Return on Equity
High ROE: AMP's Return on Equity (32.8%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Ameriprise Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: AMP has a low level of unsold assets or inventory.
Debt Coverage by Assets: AMP's debt is covered by short term assets (assets are 3.4x debt).
Financial Institutions Analysis
Asset Level: AMP's level of assets compared to its equity is very high.
Allowance for Bad Loans: Insufficient data to determine if AMP has a sufficient allowance for bad loans.
Low Risk Liabilities: AMP reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if AMP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AMP has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if AMP has an appropriate level of bad loans.
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Dividend
What is Ameriprise Financial's current dividend yield, its reliability and sustainability?
2.45%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AMP's dividend (2.45%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: AMP's dividend (2.45%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: AMP's dividends per share have been stable in the past 10 years.
Growing Dividend: AMP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.1%), AMP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AMP's dividends in 3 years are forecast to be well covered by earnings (22.3% payout ratio).
Next Steps
Management
What is the CEO of Ameriprise Financial's salary, the management and board of directors tenure and is there insider trading?
7.3yrs
Average management tenure
CEO
Jim Cracchiolo (60yo)
14.2yrs
Tenure
US$25,742,524
Compensation
Mr. James M. Cracchiolo, also known as Jim, has been the Chief Executive Officer and Chairman at Ameriprise Financial, Inc. (formerly, American Express Financial Corporation) since September 30, 2005. He h ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD25.74M) is above average for companies of similar size in the US market ($USD11.12M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Management Age and Tenure
7.3yrs
Average Tenure
60yo
Average Age
Experienced Management: AMP's management team is seasoned and experienced (7.3 years average tenure).
Board Age and Tenure
5.8yrs
Average Tenure
63yo
Average Age
Experienced Board: AMP's board of directors are considered experienced (5.8 years average tenure).
Insider Trading
Insider Buying: AMP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 6,477 |
| Max Price | US$154.13 |
| Entity | Individual |
| Role | Chief Information Officer Executive VP & Chief Information Officer |
| Shares | 5,160 |
| Max Price | US$150.38 |
| Entity | Individual |
| Role | Chief Investment Officer Executive VP & Global Chief Investment Officer |
| Shares | 24,032 |
| Max Price | US$133.64 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Walter Berman (76yo)
Executive VP & CFO
- Tenure: 14.2yrs
- Compensation: US$10.07m
Jim Cracchiolo (60yo)
Chairman & CEO
- Tenure: 14.2yrs
- Compensation: US$25.74m
Ted Truscott (59yo)
Chief Executive Officer of Global Asset Management
- Tenure: 7.2yrs
- Compensation: US$7.52m
Joe Sweeney (58yo)
President of Advice & Wealth Management - Products & Service Delivery
- Tenure: 10.5yrs
- Compensation: US$4.78m
Colin Moore (61yo)
Executive VP & Global Chief Investment Officer
- Tenure: 6.4yrs
- Compensation: US$6.53m
Randy Kupper (60yo)
Executive VP & Chief Information Officer
- Tenure: 7.4yrs
Neal Maglaque (62yo)
President of Advice
- Tenure: 7.4yrs
Alicia Charity
Senior Vice President of Investor Relations
- Tenure: 4.8yrs
Dale Cebert
President & Private Wealth Adviser
- Tenure: 1.1yrs
John Hutt
Senior VP of Corporate Finance
- Tenure: 0.4yrs
Board Members
Jim Cracchiolo (60yo)
Chairman & CEO
- Tenure: 14.2yrs
- Compensation: US$25.74m
Robert Sharpe (67yo)
Presiding Director
- Tenure: 0yrs
- Compensation: US$290.00k
Jeffrey Noddle (72yo)
Independent Director
- Tenure: 14.2yrs
- Compensation: US$290.00k
Lon Greenberg (69yo)
Independent Director
- Tenure: 8.4yrs
- Compensation: US$275.00k
Chris Williams (61yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: US$278.68k
Ed Walter (63yo)
Independent Director
- Tenure: 1.6yrs
- Compensation: US$230.33k
Amy DiGeso (67yo)
Independent Director
- Tenure: 5.8yrs
- Compensation: US$270.00k
Brian Shea (58yo)
Director
- Tenure: 0.4yrs
Dianne Blixt (60yo)
Independent Director
- Tenure: 5.8yrs
- Compensation: US$275.00k
Company Information
Ameriprise Financial, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ameriprise Financial, Inc.
- Ticker: AMP
- Exchange: NYSE
- Founded: 1894
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$20.178b
- Shares outstanding: 127.40m
- Website: https://www.ameriprise.com
Number of Employees
Location
- Ameriprise Financial, Inc.
- 55 Ameriprise Financial Center
- Minneapolis
- Minnesota
- 55474
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AMP | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Sep 2005 |
| A4S | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 2005 |
| AMP * | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Sep 2005 |
| 0HF6 | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Sep 2005 |
Biography
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  ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/11 23:52 |
| End of Day Share Price | 2019/11/11 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.