Ameriprise Financial (AMP)
NYSE:AMP
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Ameriprise Financial
(NYSE:AMP)
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Rating:67Neutral
Price Target:
$513.00
â–²(18.73% Upside)
Action:DowngradedDate:02/20/26
The score is driven primarily by solid fundamentals (strong profitability and revenue momentum, improving leverage) and a constructive earnings outlook with strong flows and margins, partially offset by the sharp 2025 cash-flow pullback. Technicals are a notable near-term headwind given broad weakness versus key moving averages and bearish momentum indicators, while valuation is supportive with a modest P/E and a moderate dividend yield.
Positive Factors
High profitability & margins
Sustained high operating margins and an exceptionally elevated ROE reflect durable operating leverage and efficient capital use across Advice, Asset Management and Annuities. This supports consistent fee generation, reinvestment capacity, and the ability to fund capital returns even through normal industry cycles.
Negative Factors
2025 free cash flow step‑down
A material decline in operating and free cash flow introduces cash‑flow volatility risk that can constrain discretionary uses like buybacks or bolt‑on investments. Even with strong earnings, weaker cash conversion heightens funding and liquidity sensitivity over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability & margins
Sustained high operating margins and an exceptionally elevated ROE reflect durable operating leverage and efficient capital use across Advice, Asset Management and Annuities. This supports consistent fee generation, reinvestment capacity, and the ability to fund capital returns even through normal industry cycles.
Read all positive factors
Ameriprise Financial (AMP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$39.39B
Dividend Yield1.26%
Average Volume (3M)661.57K
Price to Earnings (P/E)13.0
Beta (1Y)1.17
Revenue Growth5.76%
EPS Growth39.77%
CountryUS
Employees13,600
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)10.83
Shares Outstanding91,178,990
10 Day Avg. Volume513,840
30 Day Avg. Volume661,568
Financial Highlights & Ratios
PEG Ratio1.36
Price to Book (P/B)7.10
Price to Sales (P/S)2.46
P/FCF Ratio16.07
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue2.00
Enterprise Value/Gross Profit3.81
Enterprise Value/Ebitda7.84
Forecast
1Y Price Target
$555.00Price Target Upside28.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)42.74
Revenue Forecast (FY)$19.35B
Ameriprise Financial Business Overview & Revenue Model
Company Description
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,...
How the Company Makes Money
Ameriprise Financial generates revenue primarily through fees and commissions associated with its financial advisory services, asset management, and insurance products. The Advice & Wealth Management segment earns fees from financial planning serv...
Ameriprise Financial Key Performance Indicators (KPIs)
Any
Advice and Wealth Management Client Assets
Tracks the total assets managed for clients, reflecting the company's ability to attract and retain wealth management clients and generate fee-based income.
Tracks the total assets managed for clients, reflecting the company's ability to attract and retain wealth management clients and generate fee-based income.
Data provided by:
The Fly
The FlyAmeriprise Financial Earnings Call Summary
Earnings Call Date:Dec 31, 2025
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 23, 2026
Earnings Call Sentiment Positive
The call presented a strong set of operating and financial results with record AUM/A, double‑digit EPS growth (quarterly) and very strong profitability and capital returns, alongside continued investments in technology, Signature Wealth, banking products and distribution. Notable risks discussed include sensitivity of cash revenues to recent Fed cuts, mid‑single‑digit expense growth driven by strategic investments, recruiting competition that can pressure distribution spend, some elevated claims in RPS (within range), and normal seasonality that could temper near‑term flows. Overall, the positive operational momentum, record metrics, strong margins, healthy balance sheet and aggressive capital return program outweigh the manageable headwinds identified.Positive Updates
Record Assets Under Management, Administration and Advisement
AUM/A reached $1.7 trillion ( $1,700,000,000,000 ), a new high, up 11% year‑over‑year, demonstrating strong market and flow-driven asset growth.
Negative Updates
Interest Rate Environment and Cash Revenue Pressure
The Fed cut rates by a quarter point, and cash-related revenues were modestly lower versus prior period; cash earnings rose only modestly despite other gains, indicating sensitivity to short‑term rate moves.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Assets Under Management, Administration and Advisement
AUM/A reached $1.7 trillion ( $1,700,000,000,000 ), a new high, up 11% year‑over‑year, demonstrating strong market and flow-driven asset growth.
Read all positive updates
Company Guidance
Management guided that 2026 will continue targeted investments in technology, AI, Signature Wealth and banking while keeping firmwide operating expense growth to low single digits and AWM G&A growth in the mid-single-digit range, with those investments offset by transformation and productivity gains. They reiterated expectations for sustained organic growth (A WM organic flow run-rate of roughly 4–5% — Q4 client inflows $13.3B = 4.7% annualized; wrap net inflows $12.1B = 7.4% annualized) and maintained confidence in strong profitability and margins (Q4 adjusted operating revenue $4.9B, adjusted EPS $10.83, firmwide operating margin ~27%, AWM margin ~29.3%, asset management margin ~40%, ROE ~53.2%), supported by record balances (AUM/A/Advisement $1.7T, total client assets $1.2T, AM AUM $721B), adviser productivity of ~$1.1M, and recruiting momentum (91 experienced advisers in Q4). Capital return remains a priority — Q4 buybacks totaled $1.1B (101% of operating earnings) and full-year returns were $3.4B (88% of operating earnings) — backed by excess capital of ~$2.1B, holding company liquidity ~$2.2B, bank assets $25.3B, cash sweep balances $29.9B and a bank portfolio yield ~4.6%.Ameriprise Financial Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
71
Positive
Cash Flow
60
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 18.91B | 17.98B | 16.12B | 14.33B | 13.54B |
| Gross Profit | 9.53B | 9.15B | 8.34B | 7.69B | 7.83B |
| EBITDA | 5.04B | 4.79B | 3.76B | 4.32B | 3.72B |
| Net Income | 3.56B | 3.40B | 2.56B | 3.15B | 2.76B |
Balance Sheet | |||||
| Total Assets | 190.90B | 181.40B | 175.19B | 158.85B | 175.91B |
| Cash, Cash Equivalents and Short-Term Investments | 10.10B | 60.67B | 59.13B | 47.91B | 39.30B |
| Total Debt | 5.86B | 5.47B | 5.75B | 5.38B | 5.20B |
| Total Liabilities | 184.35B | 176.18B | 170.46B | 155.05B | 169.97B |
| Stockholders Equity | 6.55B | 5.23B | 4.73B | 3.80B | 5.94B |
Cash Flow | |||||
| Free Cash Flow | 2.89B | 6.42B | 4.50B | 4.22B | 3.21B |
| Operating Cash Flow | 2.89B | 6.59B | 4.68B | 4.41B | 3.33B |
| Investing Cash Flow | -650.00M | -551.00M | -9.26B | -13.58B | -4.38B |
| Financing Cash Flow | -2.08B | -5.17B | 4.41B | 8.43B | 1.72B |
Ameriprise Financial Technical Analysis
Negative
432.06
Price Trends
471.20
Negative
476.24
Negative
487.53
Negative
Market Momentum
-9.39
Negative
37.85
Neutral
27.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMP, the sentiment is Negative. The current price of 432.06 is below the 20-day moving average (MA) of 440.78, below the 50-day MA of 471.20, and below the 200-day MA of 487.53, indicating a bearish trend. The MACD of -9.39 indicates Negative momentum. The RSI at 37.85 is Neutral, neither overbought nor oversold. The STOCH value of 27.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMP.
Ameriprise Financial Risk Analysis
Ameriprise Financial disclosed 30 risk factors in its most recent earnings report. Ameriprise Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Ameriprise Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $85.60B | 14.74 | 12.66% | 1.71% | 4.22% | 51.01% | |
69 Neutral | $137.79B | 39.87 | 36.17% | 3.02% | 33.12% | 19.86% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $39.39B | 13.05 | 58.14% | 1.26% | 5.76% | 39.77% | |
66 Neutral | $36.57B | 12.46 | 10.76% | 2.43% | 5.62% | 49.49% | |
60 Neutral | $16.98B | 26.29 | 14.18% | 2.30% | -24.62% | 437.16% | |
58 Neutral | $27.06B | 13.74 | 13.45% | 2.21% | -4.52% | 7.01% |
* Financial Sector Average
AMP
Ameriprise Financial
432.06
-34.86
-7.47%
BK
Bank of New York Mellon
124.62
46.91
60.36%
STT
State Street
131.21
51.13
63.86%
BX
Blackstone Group
112.73
-20.11
-15.14%
CG
Carlyle Group
47.00
8.46
21.94%
NTRS
Northern
145.63
54.65
60.07%
Ameriprise Financial Corporate Events
Business Operations and StrategyExecutive/Board Changes
Ameriprise Financial Announces Retirement of Key Wealth Executive
Neutral
Feb 12, 2026
Ameriprise Financial, Inc. reported on February 12, 2026, that Joseph E. Sweeney, its President of Advice Wealth Management Products Service Delivery, will retire from the company on April 3, 2026. The leadership change affects a key role overse...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.