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
$488.68Market Cap
$46.83 BillionPrice-Earnings Ratio
14.79Total 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 | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $-5.17 Billion |
| Exchange Gains/Losses | $-10 Million |
| Net Cash Flow From Investing Activities | $-551 Million |
| Net Cash Flow | $869 Million |
| Net Cash Flow From Operating Activities | $6.59 Billion |
| Net Cash Flow, Continuing | $879 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Parent | $3.40 Billion |
| Revenues | $17.93 Billion |
| Interest Expense, Operating | $329 Million |
| Income/Loss Before Equity Method Investments | $4.29 Billion |
| Diluted Average Shares | $102.90 Million |
| Income/Loss From Equity Method Investments | $-19 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $3.26 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $3.26 Billion |
| Comprehensive Income/Loss Attributable To Parent | $3.26 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $-142 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Assets | $181.40 Billion |
| Noncurrent Assets | $0 |
| Current Liabilities | $176.18 Billion |
| Liabilities | $176.18 Billion |
| Fixed Assets | $733 Million |
| Current Assets | $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 |