- Asset Management
- Financial Services
-
30.20
EPS
-
13.33
P/E
-
40B
MARKET CAP
-
1.37%
DIV YIELD
Company Overview
1099 AMERIPRISE FINANCIAL CENTER,MINNEAPOLIS MN 55474,612-671-8001
CEO
Mr. James M. Cracchiolo
Employess
13800
Sector
Financial Services
Industry
Asset Management
Website
https://www.ameriprise.com
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 funds; insurance and annuities products; cash management and banking products; and face-amount certificates. 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. This segment 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 and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. 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.
Next Earnings Date
Oct. 23, 2024
Ex Dividends date
Aug. 16, 2024
Dividend Date
Aug. 5, 2024
YTD Performance
6.22%
Fiscal Year End
12-31
IPO Date
2005-09-15
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 3.33% | 3.89% | 9.29% | 8.86% |
EPS | 13.93% | 10.91% | 24.97% | 4.77% |
Equity | -5.35% | -3.28% | -6.94% | 30.89% |
Cash | 9.50% | 19.55% | 3.39% | 6.58% |
Return On Capital (ROIC) | 18.90% | 25.23% | 35.52% | 53.88% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 201 | 201 | 200 | 200 | 201 |
Long Term Debt | 5,550 | 5,180 | 5,000 | 4,740 | 4,720 |
LT Finance Leases | 20 | 30 | 40 | 44 | 57 |
Shares Outstanding | 106 | 105 | 111 | 124 | 134 |
Market Cap | 40,100 | 32,800 | 33,400 | 24,100 | 22,300 |
Price
News
Ameriprise Financial Welcomes $150 Million UBS Advisor Looking for Greater Support and an Empowering Culture
2 monthsMINNEAPOLIS--(BUSINESS WIRE)--Financial advisor Michael Walstien joined Ameriprise Financial from UBS with $150 million in assets to receive greater support to serve clients.
businesswire.comAmeriprise Financial (AMP) Sues LPL Financial (LPLA) Unit
2 monthsAmeriprise (AMP) files a lawsuit against LPL Financial's (LPLA) arm, alleging misconduct and misuse of clients' confidential data and directing advisors to take information from their former companies.
zacks.comAmeriprise Q2/H1 2024: A Repeat Of 2023?
2 monthsAmeriprise's revenue shows early signs of surpassing 2023 levels by a modest margin, while net income is currently trending well above the lows seen in 2023. Stock performance has varied relative to market conditions, with a focus on structured variable annuity products impacting expenses and investor conviction. In the present year, there are signs of product uptake diversification, which is an early encouraging sign.
seekingalpha.comAmeriprise (AMP) Q2 Earnings Beat as Revenues & AUM Rise Y/Y
2 monthsAmeriprise (AMP) records a year-over-year improvement in the AUM balance for the second quarter of 2024.
zacks.comCompared to Estimates, Ameriprise (AMP) Q2 Earnings: A Look at Key Metrics
2 monthsThe headline numbers for Ameriprise (AMP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.comAmeriprise Financial Services (AMP) Beats Q2 Earnings Estimates
2 monthsAmeriprise Financial Services (AMP) came out with quarterly earnings of $8.53 per share, beating the Zacks Consensus Estimate of $8.51 per share. This compares to earnings of $7.44 per share a year ago.
zacks.comAmeriprise Financial Gives Nearly $2 million in Grant Funding to Help Families and Individuals in Need
2 monthsMINNEAPOLIS--(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 conjunction with its robust volunteer program, the company awards grant dollars to nonprofits twice annually to strengthen communities and help individuals meet their basic needs and find paths to financial independence. “Too many Americans lack access to basic needs such as food, emergency shelter,.
businesswire.comAdvisor Team with $250 Million Joins Ameriprise From LPL for Enhanced Planning Capabilities, Support and Technology
2 monthsMINNEAPOLIS--(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 million in client assets. Cortale's practice operates under the name Monumental Financial Planning (formerly The Cortale Group) and includes financial advisors John Martin Moran and Nina Kamrani, client service manager Adam Mirza and client service coordinator Omaid Omar. Cortale and team joined Amerip.
businesswire.comGrowth in AUM to Support Ameriprise (AMP) in Q2 Earnings
2 monthsImproved advisor productivity and net inflows are likely to have aided Ameriprise's (AMP) asset growth in the second quarter of 2024.
zacks.comAmeriprise Financial Services (AMP) Earnings Expected to Grow: Should You Buy?
2 monthsAmeriprise (AMP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comWhy Ameriprise (AMP) is Poised to Beat Earnings Estimates Again
2 monthsAmeriprise (AMP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.comTop Growth And Dividend Long-Term Stocks For Mid-Year 2024
3 monthsThe Top Dividend Growth stock model aims to deliver optimal total return with reliable growth factors and high dividends for higher profitability long-term. Only one stock of the 15 largest Mega Cap stocks with +61.5% YTD returns offers a dividend yield above 2%, impacting total return and growth factors. Since 2020 inception, the Growth & Dividend portfolio model has delivered +15.28% average returns and compounded returns of +103.66%, well above the S&P 500.
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