Ameriprise (AMP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Ameriprise Financial points to growth in advisors and assets managed, which should drive fees revenue as expense growth has been under 1%. A macro environment of Fed rate cuts should lower interest expenses, and the firm has seen declining debt and a debt-to-equity in line with key peers. Undervalued to peers, the firm also was able to grow positive cashflow and grow dividends steadily over 10 years.
Ameriprise (AMP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Does Ameriprise Financial Services (AMP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investors interested in Financial - Investment Management stocks are likely familiar with Ameriprise Financial Services (AMP) and Ares Management (ARES). But which of these two stocks presents investors with the better value opportunity right now?
Ameriprise (AMP) files a lawsuit against LPL Financial's (LPLA) arm, alleging misconduct and misuse of clients' confidential data and directing advisors to take information from their former companies.
Ameriprise's revenue shows early signs of surpassing 2023 levels by a modest margin, while net income is currently trending well above the lows seen in 2023. Stock performance has varied relative to market conditions, with a focus on structured variable annuity products impacting expenses and investor conviction. In the present year, there are signs of product uptake diversification, which is an early encouraging sign.
Ameriprise (AMP) records a year-over-year improvement in the AUM balance for the second quarter of 2024.
The headline numbers for Ameriprise (AMP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Ameriprise Financial Services (AMP) came out with quarterly earnings of $8.53 per share, beating the Zacks Consensus Estimate of $8.51 per share. This compares to earnings of $7.44 per share a year ago.
Improved advisor productivity and net inflows are likely to have aided Ameriprise's (AMP) asset growth in the second quarter of 2024.