AMP
Ameriprise Financial
Ameriprise Financial, Inc. is a diversified financial services company and bank holding company incorporated in Delaware and headquartered in Minneapolis, Minnesota. It provides financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning.In 2019, over 85% of the company’s revenues came from wealth management.The company’s primary subsidiaries include Ameriprise Financial Services, RiverSource Life Insurance Company, and Columbia Threadneedle Investments, its global asset management brand, and a provider of investments to institutional and retail clients.
Ameriprise was formerly a division of American Express, which completed the corporate spin-off of the company in September 2005.
The company is ranked 249th on the Fortune 500. It is on the list of largest banks in the United States. It is also the 9th largest independent broker-dealer based on assets under management. It is one of the largest financial planning companies in the United States and is among the 25 largest asset managers in the world. It is ranked 8th in long-term mutual fund assets in the U.S., fourth in retail funds in the U.K., and 27th in global assets under management.
Index: NYSE; Sector: Financial; Industry: Investment Services;
Marketcap: 18.09B; Volume: 229.87K; AvgVol 3m: 664.97K; Beta: 1.75;
Cost estimate:
P/E: 7.86; EPS: 19.13; EPS growth quarter/prev quarter: -220.90%;
EPS growth this year: -1.90%; EPS growth past 5 years: 10.90%;
EPS ttm: 19.13;
P/S: 1.54; P/B: 03.07; P/Cashflow: 2.44; P/FCF: 3.47;
Sales: 12.21B; Sales growth quarter/prev quarter: -16.80%; Sales growth past 5 years: 0.90%;
Profitability:
Gross Margin: 51.20%; Profit Margin: 20.50%; Operating Margin: 26.10%;
ROA – return on assets: 1.70%; ROE – return on equity: 40.20%; LT Debt/Equity: 0.67; Total Debt/Equity: 3.17;
Dividend: 4.16; Dividend Yield (%): 2.7%;
Insider Ownership: 0.10%; Insider Transactions:-8.46%;
Institutional Ownership: 88.20%; Institutional Transactions: -0.40%;
Data update: 07/10/2020.