Ameriprise Financial, Inc. (AMP) AI Stock Analysis

Ameriprise Financial, Inc., headquartered in Minneapolis, Minnesota, provides financial products and services across four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. Advice & Wealth Management delivers financial planning, brokerage products, advisory solutions, mutual funds, annuities, insurance, and banking services. Asset Management supplies investment management services, mutual funds, exchange-traded funds, institutional strategies, hedge funds, and infrastructure funds across traditional and alternative asset classes. Retirement & Protection Solutions provides variable annuities as well as life and disability insurance to retail clients.

Ameriprise grew revenue from $13.38B in FY2021 to $18.91B in FY2025, delivering a 5-year revenue CAGR of 9.7% from FY2020 to FY2025. Over that period, net income moved from $3.42B in FY2021 to $3.56B in FY2025, while diluted earnings per share expanded from $22.71 to $39.31. Operating margin was 31.3% in FY2021 and 25.5% in FY2025. In the trailing twelve months, revenue reached $19.84B with an operating margin of 30.7% and a profit margin of 19.9%. For the latest quarter ended June 30, 2026, quarterly revenue grew 11.6% year-over-year and quarterly earnings grew 11.7% year-over-year.

As of June 30, 2026, Ameriprise held $10.25B in cash and short-term investments against $6.53B in total debt, creating net cash of $3.72B. Shareholders' equity was $6.37B and total assets stood at $197.87B, with a debt-to-equity ratio of 1.03 and a current ratio of 8.48. In FY2025, operating cash flow was $8.32B and free cash flow reached $8.16B. Cash deployment in FY2025 included $162.0M for capital expenditures, $596.0M in dividends paid, and $2.91B in share buybacks. The company reduced its share count by 21.0% over 5 years.

At $500.80, Ameriprise has a market cap of $44.24B and an enterprise value of $40.70B. Its trailing P/E of 12.1x and forward P/E of 9.8x sit below the median of its S&P 500 Financial Services peers (14.2x trailing and 12.6x forward). Price-to-sales of 2.2x is also lower than the peer median of 3.1x, while price-to-book stands at 7.0x. Over the past year, Ameriprise shares returned 8.5% compared to 16.8% for the S&P 500 (SPY), but over 5 years AMP returned 85.8% versus 83.0% for the index.

Ameriprise pays an annual forward dividend of $6.80 per share, yielding 1.36% with a payout ratio of 15.3%. The company has paid dividends for 22 consecutive years, delivered a 5-year annualized dividend growth rate of 9.0%, and made its last ex-dividend date August 3, 2026.

Wall Street analysts cover AMP with 4 Strong Buy, 1 Buy, 8 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target is $566.00, representing a 13.0% upside versus the last close of $500.80. For the current fiscal year ending December 31, 2026, the consensus expects EPS of $46.44 on revenue of $20.00B. Ameriprise beat EPS estimates in all 4 of the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of Ameriprise Financial, Inc. (AMP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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