Ameriprise Financial
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. The last earnings update was 19 days ago. More info.
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AMP Share Price and Events
7 Day Returns
1 Year Returns
AMP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Ameriprise Financial (AMP) | 3.2% | 0.4% | 9% | 0.9% | 47.4% | 29.6% |
| US Capital Markets | -2.6% | -3.8% | -0.2% | -12.3% | 50.3% | 63.5% |
| US Market | -0.7% | -2% | 2.4% | 3% | 39.2% | 42% |
1 Year Return vs Industry and Market
- AMP outperformed the Capital Markets industry which returned -12.3% over the past year.
- AMP underperformed the Market in United States of America which returned 3% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Ameriprise Financial
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Ameriprise Financial.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Weighted future Return on Equity estimates from 8 analysts.
= Stable Book Value * Return on Equity = $46.95 * 38.8% |
$18.22 |
| Book Value of Equity per Share | Weighted future Book Value estimates from 6 analysts. | $46.95 |
| Discount Rate (Cost of Equity) | See below | 8.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Capital Markets Unlevered Beta | Simply Wall St/ S&P Global | 0.69 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.694 (1 + (1- 21%) (30.85%)) |
0.908 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.91 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.908 * 5.96%) |
8.14% |
Discounted Cash Flow Calculation for NYSE:AMP using Excess Returns Model Model
The calculations below outline how an intrinsic value for Ameriprise Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (38.8% – 8.14%) * $46.95) |
$14.40 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $14.40 / (8.14% - 2.73%) |
$265.98 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $46.95 + $265.98 |
$312.93 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $312.93 |
| Current discount | Discount to share price of
$143.79
= -1 x ($143.79 - $312.93) / $312.93 |
54.1% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Ameriprise Financial's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Ameriprise Financial's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Ameriprise Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Ameriprise Financial's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $13.29 |
| NYSE:AMP Share Price ** | NYSE (2019-05-17) in USD | $143.79 |
| United States of America Capital Markets Industry PE Ratio | Median Figure of 87 Publicly-Listed Capital Markets Companies | 32.33x |
| United States of America Market PE Ratio | Median Figure of 3,088 Publicly-Listed Companies | 17.89x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Ameriprise Financial.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:AMP Share Price ÷ EPS (both in USD) = 143.79 ÷ 13.29 |
10.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ameriprise Financial is good value based on earnings compared to the US Capital Markets industry average.
- Ameriprise Financial is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Ameriprise Financial's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 10.82x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts |
7%per year |
| United States of America Capital Markets Industry PEG Ratio | Median Figure of 33 Publicly-Listed Capital Markets Companies | 2.26x |
| United States of America Market PEG Ratio | Median Figure of 2,117 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 10.82x ÷ 7% |
1.55x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ameriprise Financial is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Ameriprise Financial's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $43.54 |
| NYSE:AMP Share Price * | NYSE (2019-05-17) in USD | $143.79 |
| United States of America Capital Markets Industry PB Ratio | Median Figure of 168 Publicly-Listed Capital Markets Companies | 7.83x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:AMP Share Price ÷ Book Value per Share (both in USD) = 143.79 ÷ 43.54 |
3.3x |
* Primary Listing of Ameriprise Financial.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ameriprise Financial is good value based on assets compared to the US Capital Markets industry average.
Value checks
We assess Ameriprise Financial's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Ameriprise Financial has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Ameriprise Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Ameriprise Financial's earnings growth is positive but not above the United States of America market average.
- Ameriprise Financial's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:AMP Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts | 7% |
| NYSE:AMP Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts | 1.5% |
| United States of America Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 7% |
| United States of America Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.9% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 9 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 12,641 | 2 | ||
| 2020-12-31 | 12,249 | 2,130 | 5 | |
| 2019-12-31 | 11,813 | 1,980 | 5 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 12,893 | 2,957 | 1,899 |
| 2018-12-31 | 12,924 | 2,597 | 2,098 |
| 2018-09-30 | 12,910 | 1,473 | 1,736 |
| 2018-06-30 | 12,620 | 1,368 | 1,740 |
| 2018-03-31 | 12,428 | 1,329 | 1,671 |
| 2017-12-31 | 12,180 | 1,523 | 1,480 |
| 2017-09-30 | 12,062 | 1,510 | 1,703 |
| 2017-06-30 | 12,046 | 1,572 | 1,411 |
| 2017-03-31 | 11,901 | 1,743 | 1,353 |
| 2016-12-31 | 11,839 | 2,331 | 1,313 |
| 2016-09-30 | 11,768 | 2,691 | 1,271 |
| 2016-06-30 | 11,651 | 2,557 | 1,453 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 9 Analyst Estimates (S&P Global) | See Below |
All data from Ameriprise Financial Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 18.10 | 18.10 | 18.10 | 1.00 |
| 2020-12-31 | 16.63 | 18.35 | 13.87 | 5.00 |
| 2019-12-31 | 14.39 | 15.35 | 12.79 | 5.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 13.29 |
| 2018-12-31 | 14.41 |
| 2018-09-30 | 11.74 |
| 2018-06-30 | 11.59 |
| 2018-03-31 | 10.99 |
| 2017-12-31 | 9.60 |
| 2017-09-30 | 10.88 |
| 2017-06-30 | 8.86 |
| 2017-03-31 | 8.32 |
| 2016-12-31 | 7.90 |
| 2016-09-30 | 7.46 |
| 2016-06-30 | 8.33 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Ameriprise Financial is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
Future performance checks
We assess Ameriprise Financial's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Ameriprise Financial has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Ameriprise Financial performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Ameriprise Financial's year on year earnings growth rate has been positive over the past 5 years.
- Ameriprise Financial's 1-year earnings growth exceeds its 5-year average (13.6% vs 4.1%)
- Ameriprise Financial's earnings growth has not exceeded the US Capital Markets industry average in the past year (13.6% vs 48.9%).
Earnings and Revenue History
All data from Ameriprise Financial Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 12,893.00 | 1,899.00 | 3,168.00 | |
| 2018-12-31 | 12,924.00 | 2,098.00 | 3,152.00 | |
| 2018-09-30 | 12,910.00 | 1,736.00 | 3,195.00 | |
| 2018-06-30 | 12,620.00 | 1,740.00 | 3,182.00 | |
| 2018-03-31 | 12,428.00 | 1,671.00 | 3,165.00 | |
| 2017-12-31 | 12,180.00 | 1,480.00 | 3,153.00 | |
| 2017-09-30 | 12,062.00 | 1,703.00 | 3,080.00 | |
| 2017-06-30 | 12,046.00 | 1,411.00 | 3,031.00 | |
| 2017-03-31 | 11,901.00 | 1,353.00 | 3,004.00 | |
| 2016-12-31 | 11,839.00 | 1,313.00 | 3,061.00 | |
| 2016-09-30 | 11,768.00 | 1,271.00 | 2,992.00 | |
| 2016-06-30 | 11,651.00 | 1,453.00 | 3,005.00 | |
| 2016-03-31 | 11,900.00 | 1,533.00 | 3,057.00 | |
| 2015-12-31 | 12,193.00 | 1,562.00 | 3,077.00 | |
| 2015-09-30 | 12,184.00 | 1,631.00 | 3,063.00 | |
| 2015-06-30 | 12,409.00 | 1,654.00 | 3,076.00 | |
| 2015-03-31 | 12,360.00 | 1,613.00 | 3,089.00 | |
| 2014-12-31 | 12,296.00 | 1,621.00 | 3,095.00 | |
| 2014-09-30 | 12,153.00 | 1,493.00 | 3,099.00 | |
| 2014-06-30 | 11,856.00 | 1,454.00 | 3,072.00 | |
| 2014-03-31 | 11,534.00 | 1,402.00 | 3,042.00 | |
| 2013-12-31 | 11,230.00 | 1,337.00 | 3,056.00 | |
| 2013-09-30 | 10,961.00 | 1,427.00 | 3,000.00 | |
| 2013-06-30 | 10,619.00 | 1,220.00 | 2,979.00 | |
| 2013-03-31 | 10,386.00 | 1,122.00 | 2,941.00 | |
| 2012-12-31 | 10,259.00 | 1,031.00 | 3,029.00 | |
| 2012-09-30 | 10,168.00 | 866.00 | 2,861.00 | |
| 2012-06-30 | 10,156.00 | 1,014.00 | 2,895.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Whilst Ameriprise Financial has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
- Ameriprise Financial used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
- Ameriprise Financial has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Ameriprise Financial's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Ameriprise Financial has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Ameriprise Financial's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Ameriprise Financial's finances.
The net worth of a company is the difference between its assets and liabilities.
- Ameriprise Financial is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Ameriprise Financial's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Ameriprise Financial Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 5,843.00 | 5,940.00 | 4,283.00 |
| 2018-12-31 | 5,588.00 | 5,235.00 | 3,893.00 |
| 2018-09-30 | 5,618.00 | 5,044.00 | 3,095.00 |
| 2018-06-30 | 5,632.00 | 5,036.00 | 3,298.00 |
| 2018-03-31 | 5,840.00 | 5,768.00 | 3,020.00 |
| 2017-12-31 | 5,995.00 | 5,713.00 | 3,724.00 |
| 2017-09-30 | 6,305.00 | 5,786.00 | 3,705.00 |
| 2017-06-30 | 6,250.00 | 5,867.00 | 3,827.00 |
| 2017-03-31 | 6,227.00 | 5,916.00 | 3,319.00 |
| 2016-12-31 | 6,292.00 | 6,425.00 | 4,264.00 |
| 2016-09-30 | 6,796.00 | 7,507.00 | 4,992.00 |
| 2016-06-30 | 7,089.00 | 7,267.00 | 6,990.00 |
| 2016-03-31 | 7,093.00 | 7,165.00 | 5,963.00 |
| 2015-12-31 | 8,379.00 | 11,392.00 | 4,799.00 |
| 2015-09-30 | 8,821.00 | 12,345.00 | 5,884.00 |
| 2015-06-30 | 8,996.00 | 11,631.00 | 4,684.00 |
| 2015-03-31 | 9,259.00 | 11,289.00 | 5,625.00 |
| 2014-12-31 | 9,305.00 | 11,265.00 | 5,059.00 |
| 2014-09-30 | 9,340.00 | 10,861.00 | 4,668.00 |
| 2014-06-30 | 9,677.00 | 10,701.00 | 4,445.00 |
| 2014-03-31 | 9,445.00 | 10,608.00 | 4,361.00 |
| 2013-12-31 | 9,232.00 | 10,628.00 | 4,535.00 |
| 2013-09-30 | 9,169.00 | 10,243.00 | 5,107.00 |
| 2013-06-30 | 8,982.00 | 9,633.00 | 5,015.00 |
| 2013-03-31 | 9,617.00 | 9,458.00 | 5,135.00 |
| 2012-12-31 | 9,712.00 | 9,371.00 | 5,141.00 |
| 2012-09-30 | 9,821.00 | 9,907.00 | 6,296.00 |
| 2012-06-30 | 9,613.00 | 9,703.00 | 5,522.00 |
- Ameriprise Financial's level of debt (101.7%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (112.3% vs 101.7% today).
- Debt is well covered by operating cash flow (49.8%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
Financial health checks
We assess Ameriprise Financial's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Ameriprise Financial has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Ameriprise Financial's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Ameriprise Financial
shares you are expected to receive
$54
in your first year as a dividend.
Dividend Amount
- Ameriprise Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
- Ameriprise Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 9 Analyst Estimates (S&P Global) | See Below |
| United States of America Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 40 Stocks | 2.1% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2000 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 4.63 | 4.00 |
| 2020-12-31 | 4.08 | 8.00 |
| 2019-12-31 | 3.81 | 8.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-24 | 3.880 | 2.680 |
| 2019-01-30 | 3.600 | 2.745 |
| 2018-10-23 | 3.600 | 3.052 |
| 2018-07-24 | 3.600 | 2.521 |
| 2018-04-23 | 3.600 | 2.547 |
| 2018-01-24 | 3.320 | 2.148 |
| 2017-10-24 | 3.320 | 2.000 |
| 2017-07-25 | 3.320 | 2.306 |
| 2017-04-24 | 3.320 | 2.589 |
| 2017-02-01 | 3.000 | 2.338 |
| 2016-10-25 | 3.000 | 2.758 |
| 2016-07-26 | 3.000 | 3.051 |
| 2016-05-05 | 3.000 | 3.134 |
| 2016-04-27 | 3.000 | 3.106 |
| 2016-01-27 | 2.680 | 2.985 |
| 2015-10-21 | 2.680 | 2.504 |
| 2015-07-22 | 2.680 | 2.346 |
| 2015-04-22 | 2.680 | 2.115 |
| 2015-01-28 | 2.320 | 1.755 |
| 2014-10-28 | 2.320 | 1.788 |
| 2014-07-29 | 2.320 | 1.919 |
| 2014-04-28 | 2.320 | 2.000 |
| 2014-02-04 | 2.080 | 1.928 |
| 2013-10-29 | 2.080 | 1.924 |
| 2013-07-24 | 2.080 | 2.282 |
| 2013-04-22 | 2.080 | 2.582 |
| 2013-01-30 | 1.800 | 2.553 |
| 2012-10-24 | 1.800 | 2.902 |
| 2012-07-25 | 1.400 | 2.523 |
| 2012-04-23 | 1.400 | 2.805 |
| 2011-12-07 | 1.120 | 2.100 |
| 2011-10-24 | 0.920 | 2.033 |
| 2011-07-26 | 0.920 | 2.129 |
| 2011-04-26 | 0.920 | 1.580 |
| 2011-04-25 | 0.920 | 1.490 |
| 2011-02-02 | 0.720 | 1.164 |
| 2010-10-27 | 0.720 | 1.284 |
| 2010-07-28 | 0.720 | 1.557 |
| 2010-05-04 | 0.720 | 1.819 |
| 2010-04-27 | 0.720 | 1.548 |
| 2010-02-03 | 0.680 | 1.579 |
| 2009-10-21 | 0.680 | 1.757 |
| 2009-07-23 | 0.680 | 2.199 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Ameriprise Financial's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (3.7x coverage).
- Dividends after 3 years are expected to be well covered by earnings (4.4x coverage).
Income/ dividend checks
We assess Ameriprise Financial's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Ameriprise Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Ameriprise Financial has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $25,742,524 |
| AGE | 59 |
| TENURE AS CEO | 13.7 years |
CEO Bio
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 has been a Director of Ameriprise Financial, Inc. since September 30, 2005. Prior to the Spin-Off, Mr. Cracchiolo served as Chairman and Chief Executive Officer of Ameriprise Financial, Inc. since March 2001 and as its President and Chief Executive Officer since November 2000 and Group President of Global Financial Services of American Express since June 2000 till 2005. He served as Chairman and Chief Executive Officer of American Express Financial Advisor since March 2001 and previously served as its President and Chief Executive Officer since June 2000. Mr. Cracchiolo served as Chairman and CEO of American Express Financial Advisors. Mr. Cracchiolo served as President, Chairman and Chief Executive Officer of American Express International Inc. He served as President and Chief Executive Officer of American Express Travel Related Services Company Inc. from May 1998 to 2003. Prior thereto he had been President, Global Network Services of American Express Travel Related Services Company, Inc. since February 1997 till 1998. He served as Senior Vice President of TRS Quality, Global Reengineering since 1993 till 1997 and served as Executive Vice President and Chief Financial Officer of Shearson Lehman Brothers (then a unit of American Express) since 1990 till 1993. In addition, he is an advisor to the March of Dimes and previously served on the boards of the American Council of Life Insurers and The Financial Services Roundtable and on the Board of advisors to the March of Dimes. He is responsible for all of American Express’ financial services businesses globally, as well as International Payments. Mr. Cracchiolo is assigned with the responsibility of focusing solely on expanding the financial services business of American Express Co. Mr. Cracchiolo has been employed by American Express Company since 1982. He served as Chairman of American Express Bank Ltd. from September 2000 to 2005 & from March 2001 to April 2005 he serves on the Board of Advisors of March of Dimes. Mr. Cracchiolo served as a Director of Tech Data Corp. since 1999. Mr. Cracchiolo has more than 35 years of experience in the financial services industry and a record of proven leadership in running global businesses with large scale operations and thousands of employees. Mr. Cracchiolo brings to the Board valuable executive leadership experience, a strong financial background, and effective long-term strategic planning and risk management expertise. He has built new businesses, restructured significant lines of businesses, and negotiated and integrated a number of successful acquisitions. Mr. Cracchiolo is a Certified Public Accountant and holds a B.S. Degree in Accounting and Economics and a Master’s Degree in Business Administration with finance both Degrees from New York University School of Business. He also holds a Certified Public Accountant designation in New York State and is certified as a General Securities Representative and General Securities Principal in the United States.
CEO Compensation
- Jim's compensation has been consistent with company performance over the past year.
- Jim's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Ameriprise Financial management team in years:
- The average tenure for the Ameriprise Financial management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Jim Cracchiolo
Chairman & CEO
$26M
59
13.7 yrs
Walter Berman
Executive VP & CFO
$10M
75
13.7 yrs
Colin Moore
Executive VP & Global Chief Investment Officer
$7M
60
5.9 yrs
Ted Truscott
Chief Executive Officer of Global Asset Management
$8M
58
6.7 yrs
Joe Sweeney
President of Advice & Wealth Management - Products & Service Delivery
$5M
57
10 yrs
Dale Cebert
President & Private Wealth Adviser
0.6 yrs
Neal Maglaque
President of Advice
61
6.9 yrs
Dave Stewart
Senior VP
65
Randy Kupper
Executive VP & Chief Information Officer
59
6.9 yrs
Alicia Charity
Senior Vice President of Investor Relations
4.3 yrs
Board of Directors Tenure
Average tenure and age of the Ameriprise Financial board of directors in years:
- The tenure for the Ameriprise Financial board of directors is about average.
Board of Directors
Jim Cracchiolo
Chairman & CEO
$26M
59
13.7 yrs
Robert Sharpe
Presiding Director
$290K
66
Jeffrey Noddle
Director
$290K
71
13.7 yrs
Dianne Blixt
Director
$275K
59
5.3 yrs
Chris Williams
Director
$279K
60
2.7 yrs
Lon Greenberg
Director
$275K
68
7.9 yrs
Amy DiGeso
Director
$270K
66
5.3 yrs
Ed Walter
Director
$230K
62
1.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 27. Feb 19 | Sell | Colin Moore | Individual | 25. Feb 19 | 25. Feb 19 | -24,032 | $133.64 | $-3,211,579 | ||
Management checks
We assess Ameriprise Financial's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Ameriprise Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
How Much Of Ameriprise Financial, Inc. (NYSE:AMP) Do Institutions Own?
Check out our latest analysis for Ameriprise Financial NYSE:AMP Ownership Summary, May 10th 2019 What Does The Institutional Ownership Tell Us About Ameriprise Financial? … We can see that Ameriprise Financial does have institutional investors; and they hold 88% of the stock. … Insider Ownership Of Ameriprise Financial The definition of company insiders can be subjective, and does vary between jurisdictions.
Simply Wall St - – Full articleCan We See Significant Institutional Ownership On The Ameriprise Financial, Inc. (NYSE:AMP) Share Register?
A look at the shareholders of Ameriprise Financial, Inc. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Taking a look at our data on the ownership groups (below), it's seems that.
Simply Wall St - – Full articleHave Insiders Been Selling Ameriprise Financial, Inc. (NYSE:AMP) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Ameriprise Financial, Inc. … But insiders sold 24.03k shares worth US$3.2m
Simply Wall St - – Full articleShould Ameriprise Financial, Inc. (NYSE:AMP) Be Part Of Your Dividend Portfolio?
The company currently pays out a dividend yield of 2.8% to shareholders, making it a relatively attractive dividend stock. … View our latest analysis for Ameriprise Financial … 5 checks you should use to assess a dividend stock
Simply Wall St - – Full articleUpdate: Ameriprise Financial Stock Gained 47% In The Last Three Years
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During three years of share price growth, Ameriprise Financial achieved compound earnings per share growth of 19% per year. … This EPS growth is higher than the 14% average annual increase in the share price.
Simply Wall St - – Full articleDoes Ameriprise Financial, Inc.'s (NYSE:AMP) CEO Salary Reflect Performance?
This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. … See our latest analysis for Ameriprise Financial … How Does Jim Cracchiolo's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleDo You Like Ameriprise Financial, Inc. (NYSE:AMP) At This P/E Ratio?
We'll show how you can use Ameriprise Financial, Inc.'s (NYSE:AMP) P/E ratio to inform your assessment of the investment opportunity. … How Do I Calculate Ameriprise Financial's Price To Earnings Ratio … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleAmeriprise Financial, Inc. (NYSE:AMP): Commentary On Fundamentals
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Ameriprise Financial, Inc. … (NYSE:AMP) due to its excellent fundamentals in more than one area.
Simply Wall St - – Full articleWhen Should You Buy Ameriprise Financial, Inc. (NYSE:AMP)?
saw significant share price movement during recent months on the NYSE, rising to highs of $151.97 and falling to the lows of $108.66. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether Ameriprise Financial's current trading price of $108.66 reflective of the actual value of the?
Simply Wall St - – Full articleHow Much Are Ameriprise Financial Inc (NYSE:AMP) Insiders Taking Off The Table?
So before you buy or sell Ameriprise Financial Inc (NYSE:AMP), you may well want to know whether insiders have been buying or selling. … Ameriprise Financial Insider Transactions Over The Last Year. … All up, insiders sold more shares in Ameriprise Financial than they bought, over the last year
Simply Wall St - – Full articleCompany Info
Description
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 five segments: Advice & Wealth Management, Asset Management, Annuities, Protection, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. 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. Its 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 funds. The Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. The Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships. The Corporate & Other segment consist of long term care business, net investment income or loss on corporate level assets. 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.
Details
| Name: | Ameriprise Financial, Inc. |
| AMP | |
| Exchange: | NYSE |
| Founded: | 1894 |
| $19,254,099,009 | |
| 133,904,298 | |
| Website: | http://www.ameriprise.com |
| Address: |
Ameriprise Financial, Inc. 55 Ameriprise Financial Center, Minneapolis, Minnesota, 55474, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | AMP | Common Shares | New York Stock Exchange | US | USD | 15. Sep 2005 | |
| DB | A4S | Common Shares | Deutsche Boerse AG | DE | EUR | 15. Sep 2005 | |
| LSE | 0HF6 | Common Shares | London Stock Exchange | GB | USD | 15. Sep 2005 | |
| BMV | AMP * | Common Shares | Bolsa Mexicana de Valores | MX | MXN | 15. Sep 2005 |
Number of employees
Current staff
Industry
| Asset Management and Custody Banks | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/20 02:01 |
| End of day share price update: | 2019/05/17 00:00 |
| Last estimates confirmation: | 2019/05/16 |
| Last earnings filing: | 2019/05/01 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
