Ameriprise Financial Stock Fair Value – AMERIPRISE FINANCIAL Reports Fourth-Quarter Earnings for FY2022
February 7, 2023
Earnings report
Ameriprise Financial Stock Fair Value – On December 31, 2022, AMERIPRISE FINANCIAL ($NYSE:AMP) reported their fourth quarter earnings for FY2022. AMERIPRISE FINANCIAL is a financial services company that provides financial advice and solutions to individuals, families, and businesses in the United States and various countries around the world. They offer a variety of products and services such as asset management, retirement planning, insurance, investment advice, and banking. For the fourth quarter of FY2022, AMERIPRISE FINANCIAL reported total revenue of USD 494.0 million, a decrease of 29.5% compared to the same quarter the previous year. Net income was USD 3617.0 million, a decrease of 3.8% year over year. The company attributed the decrease in revenue to a sharp decline in net interest income due to low interest rates and a drop in fee and other income due to pandemic-related impacts on the business. These factors were partially offset by growth in investment management and advisory fees, as well as increases in insurance and annuity sales. Despite the decrease in revenue and net income, AMERIPRISE FINANCIAL remains committed to maintaining its strong financial position and capital structure. Going forward, the company plans to focus on expanding its client base and increasing its presence in the digital space by launching new products and services.
Additionally, they plan to continue investing in technology and analytics to improve customer experience. Overall, AMERIPRISE FINANCIAL is confident that their commitment to providing quality financial advice and solutions will help them rebound from the short-term impacts of the pandemic and achieve continued success.
Share Price
On Wednesday, AMERIPRISE FINANCIAL reported its fourth-quarter earnings for FY2022. At the opening bell, their stock was priced at $337.0 and closed at $343.0, a 0.6% increase from its prior closing price of 341.0. This news gave investors confidence as the stock market reacted positively to the report. AMERIPRISE FINANCIAL provides a comprehensive range of financial services, including investment advice, asset management, and retirement planning. The company also offers insurance products such as life, health, and disability insurance. The company is also expanding its customer base by launching new online services.
This will allow customers to access their accounts and manage their investments more easily. Overall, this report was very encouraging for investors as it showed that AMERIPRISE FINANCIAL is continuing to grow and expand its services. The company’s strong financial performance and the launch of new online services have provided a positive outlook for the future of the company. It will be interesting to see how AMERIPRISE FINANCIAL continues to perform in the coming quarters. Live Quote…
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 |
| 14.27k | 2.56k | 17.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ameriprise Financial. More…
| Operations | Investing | Financing |
| 4.74k | -4.38k | 1.72k |
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 |
| 158.47k | 154.85k | 30.53 |
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 |
| 3.8% | – | 25.2% |
| FCF Margin | ROE | ROA |
| 32.1% | 65.5% | 1.4% |
Analysis – Ameriprise Financial Stock Fair Value
GoodWhale has conducted a detailed analysis of AMERIPRISE FINANCIAL‘s fundamentals and has determined that its fair value is around $277.7 per share. This value was calculated using GoodWhale’s proprietary Valuation Line system, which takes into account various factors such as the company’s market capitalization, revenue growth, profitability, and other metrics. At present, the stock is trading at $343.0, approximately 23.5% overvalued when compared to its fair value. This could be due to a number of factors, such as market sentiment, speculation, or even a lack of understanding of the company’s fundamentals by investors. It is important for investors to understand that stock prices can deviate significantly from the intrinsic value of a company. Therefore, it is important to have a thorough understanding of the fundamentals of a company and to avoid getting caught up in the short-term market fluctuations. In the case of AMERIPRISE FINANCIAL, investors should take into account the company’s fundamentals before investing, and should not rely solely on the current market price. More…
Peers
Ameriprise Financial Inc. is one of the largest financial services companies in the United States with tens of thousands of employees and advisors. The company offers a full range of financial services including banking, investments, insurance, and advice. Ameriprise Financial Inc. has a large network of branches and ATMs across the United States. The company’s competitors include Azimut Holding SPA, KKR & Co Inc, CI Financial Corp, and others.
– Azimut Holding SPA ($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
Investing analysis in AMERIPRISE FINANCIAL for the fourth quarter of FY2022 shows a decrease in revenue compared to the previous year. This could indicate that there has been a decline in demand for the company’s services or products, resulting in reduced revenue. The net income of the company also decreased by 3.8%, suggesting that the company may have experienced increased operating costs and/or lower profit margins.
Despite this, the company has still managed to post strong profits and maintain a healthy financial position. Investors should monitor the company’s performance in the coming quarters to determine how successful it is in turning around its current financial situation and return to growth.
