Ameriprise Financial, Inc. (AMP)

Last Closing Price: 354.53 (2023-02-01)

Company Description

Ameriprise Financial, Inc. has been operating independently of American Express Company. Ameriprise has 4 business segments. The Advice & Wealth Management segment provides financial planning and advice, as well as full service brokerage and banking services, primarily to retail clients through the company's affiliated financial advisors. The Asset Management segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle Asset Management Holdings S?rl. The Retirement & Protection Solutions segment includes Retirement Solutions (Variable Annuities and Payout Annuities) and Protection Solutions (Life and Disability Insurance). Ameriprise realizes net investment income on corporate level assets from its Corporate & Other segment. This includes excess capital held in RiverSource Life and other unallocated equity and revenues from various investments, as well as unallocated corporate expenses.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $14.29B
Net Income (Most Recent Fiscal Year) $2.56B
PE Ratio (Current Year Earnings Estimate) 11.56
PE Ratio (Trailing 12 Months) 14.09
PEG Ratio (Long Term Growth Estimate) 0.64
Price to Sales Ratio (Trailing 12 Months) 2.64
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 10.44
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 14.03
Pre-Tax Margin (Trailing 12 Months) 23.76%
Net Margin (Trailing 12 Months) 17.91%
Return on Equity (Trailing 12 Months) 70.64%
Return on Assets (Trailing 12 Months) 1.79%
Current Ratio (Most Recent Fiscal Quarter) 0.69
Quick Ratio (Most Recent Fiscal Quarter) 0.79
Debt to Common Equity (Most Recent Fiscal Quarter) 1.43
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $33.95
Earnings per Share (Most Recent Fiscal Quarter) $6.94
Earnings per Share (Most Recent Fiscal Year) $25.14
Diluted Earnings per Share (Trailing 12 Months) $22.45
Stock
Exchange NYSE
Sector Financial Services
Industry Asset Management
Common Shares Outstanding 106.42M
Free Float 105.35M
Market Capitalization $37.73B
Average Volume (Last 20 Days) 0.50M
Beta (Past 60 Months) 1.50
Percentage Held By Insiders (Latest Annual Proxy Report) 1.00%
Percentage Held By Institutions (Latest 13F Reports) 81.66%
Annual Dividend (Based on Last Quarter) $5.00
Dividend Yield (Based on Last Quarter) 1.41%