Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally.
Undervalued established dividend payer.
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.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: AMP exceeded the US Capital Markets industry which returned 8.3% over the past year.
Return vs Market: AMP exceeded the US Market which returned 10.5% over the past year.
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
6 days ago | Simply Wall StTrade Alert: The Chairman & CEO Of Ameriprise Financial, Inc. (NYSE:AMP), James Cracchiolo, Has Sold Some Shares Recently
2 weeks ago | Simply Wall StAmeriprise Financial, Inc. (NYSE:AMP)'s Could Be A Buy For Its Upcoming Dividend
3 weeks ago | Simply Wall StAmeriprise Financial, Inc. Just Beat Revenue Estimates By 5.5%
Is Ameriprise Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AMP ($156.23) is trading below our estimate of fair value ($406.92)
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 (11.1x) compared to the Capital Markets industry average (32.3x).
PE vs Market: AMP is good value based on its PE Ratio (11.1x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: AMP is poor value based on its PEG Ratio (1.2x)
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).
How is Ameriprise Financial forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMP's forecast earnings growth (9.1% per year) is above the savings rate (1.7%).
Earnings vs Market: AMP's earnings (9.1% per year) are forecast to grow slower than the US market (13.2% 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 (7.6% 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 (45.4%).
How has Ameriprise Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMP has a high level of non-cash earnings.
Growing Profit Margin: AMP's current net profit margins (14.7%) are lower than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: AMP's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: AMP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AMP had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Capital Markets industry average (8.4%).
Return on Equity
High ROE: AMP's Return on Equity (33%) is considered high.
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
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 2.8x 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.
What is Ameriprise Financial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AMP's dividend (2.48%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: AMP's dividend (2.48%) is low compared to the top 25% of dividend payers in the US market (3.9%).
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 (27%), 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 (21.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Cracchiolo (60yo)
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 ($USD10.82M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|Chairman & CEO||14.4yrs||US$25.74m||0.19% $38.7m|
|Executive VP & CFO||14.4yrs||US$10.07m||0.015% $3.0m|
|Executive VP & Global Chief Investment Officer||6.7yrs||US$6.53m||0.056% $11.3m|
|Chief Executive Officer of Global Asset Management||7.4yrs||US$7.52m||0.061% $12.4m|
|President of Advice & Wealth Management - Products and Service Delivery||10.8yrs||US$4.78m||0.022% $4.5m|
|President & Private Wealth Adviser||1.3yrs||no data||no data|
|President of Advice||7.7yrs||no data||no data|
|Senior VP of Corporate Finance||0.7yrs||no data||0.0015% $297.5k|
|Executive VP & Chief Information Officer||7.7yrs||no data||0.020% $4.1m|
|Senior Vice President of Investor Relations||5.1yrs||no data||no data|
Experienced Management: AMP's management team is seasoned and experienced (7.5 years average tenure).
|Chairman & CEO||14.4yrs||US$25.74m||0.19% $38.7m|
|Presiding Director||0yrs||US$290.00k||0.022% $4.5m|
|Independent Director||14.4yrs||US$290.00k||0.00040% $81.5k|
|Independent Director||8.7yrs||US$275.00k||0.0065% $1.3m|
|Independent Director||3.4yrs||US$278.68k||0.00016% $32.6k|
|Independent Director||1.8yrs||US$230.33k||0.00081% $165.1k|
|Independent Director||6yrs||US$270.00k||0.00013% $26.5k|
|Director||0.7yrs||no data||0.0025% $507.4k|
|Independent Director||6yrs||US$275.00k||0.00081% $165.1k|
Experienced Board: AMP's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AMP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ameriprise Financial, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ameriprise Financial, Inc.
- Ticker: AMP
- Exchange: NYSE
- Founded: 1894
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$20.378b
- Shares outstanding: 123.90m
- Website: https://www.ameriprise.com
Number of Employees
- Ameriprise Financial, Inc.
- 55 Ameriprise Financial Center
- United States
|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|
|A4S||XTRA (XETRA Trading Platform)||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|
|A1MP34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 00:43|
|End of Day Share Price||2020/02/25 00:00|
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.