Ameriprise Financial, Inc. (AMP) is currently priced at $479.85, showing a positive price change of $2 (0.416%) since the previous close at $477.86. The trading volume is at $180,319, representing a 23.94% increase compared to the average.
AMP's latest quarterly earnings report was released on Wednesday, April 22nd, with a consensus estimate EPS of 10.24.
The company offers a forward dividend yield of 1.42%. The dividend per share MRQ stands at $1.6, showing an 8.4629 cents increase year over year, and a trailing twelve months dividend per share of $8.1.
BMO Capital published a Market Perform grade for AMP on April 24th, maintaining the previous Market Perform rating with a hold action at a price of $459.63.
AMP reported a net change in cash of -$1.30 billion, ending the period with $9.65 billion in cash. The operating cash flow was -$2.76 billion, with capital expenditures of $118 million.
AMP generated $4.89 billion in revenue, resulting in a gross profit of $2.46 billion. The company's net income was $915 million, with an EPS of $9.81 and diluted EPS of $9.68.
Key ratios show a gross profit margin of 50.31%, net profit margin of 18.73%, return on equity of 14.73%, and a price to earnings ratio of 11.33.
AMP's total assets amount to $184.45 billion, with total liabilities at $178.24 billion. The company holds $8.34 billion in cash and cash equivalents.
This report provides a snapshot of AMP's financial performance and position in the current trading session.
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.