Ameriprise Financial, Inc. (AMP) Stock

About Ameriprise Financial, Inc.

Ameriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment consists of financial planning and advice, as well as full-service brokerage services for retail clients through financial advisors. The Asset Management segment offers investment management, advice, and products to retail, high net worth, and institutional clients through Columbia Threadneedle. The Retirement & Protection Solutions segment refers to RiverSource solutions, which includes clients annuities, life insurance, and disability income insurance products. The Corporate & Other segment handles closed blocks of business and net investment income or loss on corporate level assets, including excess capital held in subsidiaries. The company was founded by John Tappan in 1894 and is headquartered in Minneapolis, MN.

Ameriprise Financial, Inc. is led by CEO James Cracchiolo, employs 13,600 people, headquartered in Minneapolis, US, publicly traded since 2005.

Ameriprise Financial, Inc. (AMP) stock trades at $551.98 with a market capitalization of $49.62B. The stock is valued at a price-to-earnings (P/E) ratio of 12.76, price-to-book of 6.43, price-to-sales of 2.21. Over the past 52 weeks the stock has ranged between $422.37 and $551.98, and currently trades at its 52-week high.

On profitability, Ameriprise Financial, Inc. generates a return on equity (ROE) of 54.41% — well above the market average, a sign of a high-quality business, return on capital employed of 73.75%, an operating margin of 25.54%, a net profit margin of 20.18%.

In its most recent fiscal year, Ameriprise Financial, Inc. reported annual revenue of $18.9B, net profit of $3.6B, revenue has compounded at 9.5% a year over the last five years, profit at 18.4% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.53, a current ratio of 7.87, total assets of $190.9B, $10.1B in cash and equivalents.

AMP has an average daily trading volume of 679,300 shares, a beta of 1.17.

Official website: www.ameriprise.com