Ameriprise Financial, Inc. (AMP) is currently priced at $479.13, showing a modest increase of $1.27 (0.266%) from the previous close of $477.86. Trading volume stands at $115,707, marking a 15.36% rise compared to the average.
In the latest quarterly report released on Wednesday, April 22nd, AMP surpassed expectations with an EPS of 10.24.
AMP offers a forward dividend yield of 1.42%, with a dividend per share MRQ of $1.6, showcasing an 8.4629 cents YoY increase.
BMO Capital maintained a "Market Perform" grade for AMP on April 24, advising investors to hold, with the price at $459.63.
With a net change in cash of -$1.30 billion, AMP ended the period with $9.65 billion in cash. Operating cash flow was -$2.76 billion.
AMP reported a revenue of $4.89 billion, resulting in a net income of $915 million. The EPS stands at $9.81, with a diluted EPS of $9.68.
Key ratios include a net profit margin of 18.73%, return on equity of 14.73%, and a price-to-earnings ratio of 11.33.
AMP boasts total assets of $184.45 billion, with total liabilities at $178.24 billion, indicating a robust financial position.
This real-time financial report showcases AMP's solid performance and financial stability, making it an attractive asset for investors.
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.