Ameriprise Financial Intrinsic Value Calculator – Vontobel Holding Ltd. Invests $10.90 Million in Ameriprise Financial,
December 24, 2023
🌥️Trending News
Vontobel Holding Ltd. recently invested $10.90 Million in Ameriprise Financial ($NYSE:AMP), Inc., a leading financial services company. Ameriprise Financial, Inc. offers a comprehensive range of financial services and products to the masses, including asset management, insurance, banking and advice. Its main businesses include Advice & Wealth Management, Asset Management and Corporate & Institutional Services. The commitment of Vontobel Holding Ltd. to the financial services sector is further strengthened by their investment in Ameriprise Financial, Inc. This strategic move is expected to create value for both parties, as well as for their collective customers.
The company’s shares are currently traded on the New York Stock Exchange (NYSE), and its stock price has been gaining momentum since the news of Vontobel Holding Ltd’s investment was released. To date, Ameriprise Financial, Inc. has been successful in delivering strong performance to its shareholders and customers alike.
Market Price
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ameriprise Financial. More…
| Total Revenues | Net Income | Net Margin |
| 15.22k | 2.24k | 14.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ameriprise Financial. More…
| Operations | Investing | Financing |
| 3.76k | -11.68k | 6.25k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ameriprise Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 165.14k | 161.31k | 37.72 |
Key Ratios Snapshot
Some of the financial key ratios for Ameriprise Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.9% | – | 20.4% |
| FCF Margin | ROE | ROA |
| 23.5% | 49.2% | 1.2% |
Analysis – Ameriprise Financial Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of AMERIPRISE FINANCIAL‘s wellbeing and have calculated its intrinsic value at $339.1 using our proprietary Valuation Line. This suggests that investors should be cautious of current market conditions and perhaps wait for a better entry point before investing in AMERIPRISE FINANCIAL. More…
Peers
Ameriprise Financial Inc. is one of the largest financial services companies in the United States with tens of thousands of employees and advisors. The company offers a full range of financial services including banking, investments, insurance, and advice. Ameriprise Financial Inc. has a large network of branches and ATMs across the United States. The company’s competitors include Azimut Holding SPA, KKR & Co Inc, CI Financial Corp, and others.
– Azimut Holding SPA ($OTCPK:AZIHY)
Azimut Holding SPA is a holding company for the Azimut Group, a financial services provider. The Group offers a wide range of services, including asset management, private banking, and insurance. As of 2022, the Group had a market capitalization of 2.89 billion euros and a return on equity of 40.25%. The Group’s products and services are available in more than 20 countries worldwide.
– KKR & Co Inc ($NYSE:KKR)
KKR & Co Inc is a New York City-based global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. The company had a market cap of $44.73B as of 2022 and a ROE of 4.34%. KKR’s portfolio includes some of the world’s leading companies, such as First Data, Dell Technologies, and Walgreens Boots Alliance. The company has a team of over 1,600 professionals operating in 28 countries.
– CI Financial Corp ($TSX:CIX)
CI Financial Corp is a diversified wealth management company that provides financial services to clients through its subsidiaries. The company has a market cap of 2.62B as of 2022 and a ROE of 28.09%. CI Financial’s subsidiaries include CI Investments, Assante Wealth Management, and CI Private Counsel. The company’s primary operations are in Canada, but it also has a presence in the United States, Europe, and Asia.
Summary
Vontobel Holding Ltd. recently made a $10.90 million investment in Ameriprise Financial, Inc. Ameriprise is a diversified financial services company with a variety of offerings including asset management, insurance, brokerage and banking. The company has a strong balance sheet with a low debt-to-equity ratio and a solid dividend yield of over 2%. Recent earnings have been strong, with solid revenue growth and higher operating margins year over year. Analysts are expecting continued growth from Ameriprise as the demand for their services increases.
In addition, the company’s stock is currently trading at a reasonable valuation and offers long-term investors potential upside. Overall, Ameriprise is an attractive investment opportunity and its fundamentals appear poised to deliver strong returns.
