Ameriprise Financial AMP
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Ameriprise Financial (AMP) Business Model and Operations Summary
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.5 trillion in total assets under management and administration at the end of 2024. With about 10,500 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020.
Key Insights
Ameriprise Financial (AMP) Core Market Data and Business Metrics
Latest Closing Price
$494.36Market Cap
$46.94 BillionPrice-Earnings Ratio
14.96Total Outstanding Shares
95.81 Million SharesTotal Employees
13,600Dividend
$1.48 Per Share QuarterlyIPO Date
September 15, 2005SIC Description
Investment AdvicePrimary Exchange
New York Stock ExchangeHeadquarters
1099 Ameriprise Financial Center, Minneapolis, MN, 55474
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 592,080 Shares | 1.96 | 3/14/2025 | 1,161,581 Shares |
| 464,388 Shares | 3.09 | 2/28/2025 | 1,433,822 Shares |
| 620,418 Shares | 2.2 | 2/14/2025 | 1,365,633 Shares |
| 611,735 Shares | 1.73 | 1/31/2025 | 1,060,471 Shares |
| 426,347 Shares | 2.65 | 1/15/2025 | 1,131,442 Shares |
| 490,614 Shares | 2.24 | 12/31/2024 | 1,100,434 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $6.59 Billion |
| Net Cash Flow From Operating Activities, Continuing | $6.59 Billion |
| Net Cash Flow From Financing Activities | $-5.17 Billion |
| Net Cash Flow | $869 Million |
| Net Cash Flow From Investing Activities, Continuing | $-551 Million |
| Exchange Gains/Losses | $-10 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations Before Tax | $4.27 Billion |
| Basic Earnings Per Share | $33.67 |
| Basic Average Shares | $101 Million |
| Income/Loss From Continuing Operations After Tax | $3.40 Billion |
| Costs And Expenses | $13.00 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $3.26 Billion |
| Comprehensive Income/Loss | $3.26 Billion |
| Other Comprehensive Income/Loss | $3.26 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $-142 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $0 |
| Noncurrent Assets | $0 |
| Assets | $181.40 Billion |
| Equity | $5.23 Billion |
| Liabilities | $176.18 Billion |
| Liabilities And Equity | $181.40 Billion |
Historical Dividends
Current dividend: $1.48 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 29, 2025 | Feb 28, 2025 | Feb 10, 2025 | $1.48 | Quarterly |
| Oct 23, 2024 | Nov 15, 2024 | Nov 4, 2024 | $1.48 | Quarterly |
| Jul 24, 2024 | Aug 16, 2024 | Aug 5, 2024 | $1.48 | Quarterly |
| Apr 22, 2024 | May 17, 2024 | May 6, 2024 | $1.48 | Quarterly |
| Jan 24, 2024 | Feb 27, 2024 | Feb 9, 2024 | $1.35 | Quarterly |
| Oct 25, 2023 | Nov 17, 2023 | Nov 6, 2023 | $1.35 | Quarterly |