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Ameriprise FinancialAMP

Asset Management & Custody Banks · Minneapolis, Minnesota · In the S&P 500
Solid businessCheaper than peers
$490.83−1.42%After hours: $491.74 (+0.19%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 2.6% over 1 year
Ameriprise Financial over 1 yearDaily close, $, to 30 Oct 2026
$450$550Nov2026MarMayJulSep$490.83NovMarJul$490.83
Source: Nasdaq daily closes
Market value$43.36B
Price to earnings11.0x
Forward P/E10.1x
Dividend yield1.39%
Year to date+0.1%
One year+2.6%
Next earningsNot scheduled
52-week range (closes)
$430.40$570.68

Quality and valuation

How Ameriprise Financial compares with other financials stocks. A description, not a recommendation.

Ameriprise Financial and 7 asset management & custody banks peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among financials companies, priced below most of them.

Ameriprise Financial trades at 10.1 times the next 12 months of expected earnings, against a median of 13.0x for the 84 financials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.8% vs +10.2%
  • Turns more of its sales into cash: 36.4% vs 20.3%
  • Keeps less of its revenue as profit (net margin): 20.7% vs 20.7%
AMP trades at 10.1x forward earnings, below the sector medianForward p/e, Asset Management & Custody Banks peers
AMP10.1xKKR11.4xSTT11.6xAPO12.0xBNY15.2xBLK19.1xBX19.3xARES20.2xSector median 13.0xAMP10.1xKKR11.4xSTT11.6xAPO12.0xBNY15.2xBLK19.1xBX19.3xARES20.2xSector median 13.0x
Source: CNBC quotes; Mostly Markets
At 11.0x earnings, AMP is cheaper than its average since Nov 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
15x20xAverage 15.1x2025202611.0x15x20xAverage 15.1x2025202611.0x
Source: Nasdaq prices; SEC filings

Financials

From Ameriprise Financial's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 6.1% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.2bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.2bnQ3 ’26
Source: SEC filings
Growth slowed to +6.1% last quarterRevenue growth, year on year, %
0%5%10%15%Q4 ’24Q2 ’25Q4 ’256.1%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’256.1%Q3 ’26
Source: SEC filings
Free cash flow was $7.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$1.4bnQ3 ’26$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$1.4bnQ3 ’26
Source: SEC filings
Diluted EPS was $12.32 last quarterQuarterly diluted earnings per share, $
$0$5$10Q4 ’24Q2 ’25Q4 ’25$12.32Q3 ’26$0$5$10Q4 ’24Q2 ’25Q4 ’25$12.32Q3 ’26
Source: SEC filings
Last 12 monthsAMPSector median
Revenue growth+8.8%+10.2%
Free cash flow margin36.4%20.3%
Price to earnings11.0x14.6x

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Similar companies

Asset Management & Custody Banks, by market value.

CompanyPriceTodayYTDValue
BLKBlackRock$1,147.54−2.44%+7.2%$186B
BXBlackstone$118.51−1.73%−23.1%$143B
BNYBNY Mellon$147.11−1.51%+26.7%$98.99B
KKRKKR$94.39−1.49%−26.0%$84.73B
APOApollo Global Management$115.84−2.29%−20.0%$68.41B
STTState Street$169.77−2.29%+31.6%$46.19B
ARESAres Management$128.15+0.53%−20.7%$42.33B
NTRSNorthern Trust$169.16−2.17%+23.8%$30.64B