Ameriprise Financial Stock Fair Value Calculator – Ameriprise Financial Reports Strong Non-GAAP EPS of $7.25, Revenue of $3.69B Meets Expectations

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Ameriprise Financial ($NYSE:AMP), Inc. is a financial services company offering advice and solutions to help individuals and businesses meet their financial goals. Additionally, revenue of $3.69B was in line with estimates. The company’s strong performance was driven by a combination of organic growth, acquisition-related revenue, and an increase in long-term client assets. Ameriprise Financial’s operating expenses rose 4% year-over-year due to higher compensation and other personnel costs, higher investment costs, and acquisition-related expenses.

Share Price

On Monday, Ameriprise Financial reported its earnings per share (EPS) of $7.25 on a non-GAAP basis, which surpassed analyst expectations. The revenue came in at $3.69 billion and was in line with the estimates. The stock of AMERIPRISE FINANCIAL opened the day at $313.7 and closed at $312.9, down by 0.4% from the previous closing price of $314.1. Analysts noted that the company’s performance was strong and consistent with their estimates. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ameriprise Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ameriprise Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ameriprise Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Ameriprise Financial are shown below. More…

Analysis – Ameriprise Financial Stock Fair Value Calculator

We at GoodWhale conducted an analysis of AMERIPRISE FINANCIAL‘s wellbeing and found that the fair value of their share is around $286.4. This figure was calculated using our proprietary Valuation Line, an advanced tool that takes into account various factors such as expected earnings and cash flow. At the time of this report, AMERIPRISE FINANCIAL stock is being traded at $312.9, which represents a fair price that is overvalued by 9.3%. This could indicate potential further growth in the company’s stock value, or it could suggest that it is time to sell. Ultimately, this decision is up to the investor’s discretion. 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

Ameriprise Financial recently released its earnings report, showing non-GAAP EPS of $7.25, which beat analysts’ expectations by $0.04. Revenue came in at $3.69B which was in line with estimates. Overall, the investment performance of Ameriprise Financial was seen as satisfactory with its EPS outperforming expectations, and revenue meeting estimates. Looking ahead, investors are keeping an eye out for any further news from the company in order to gain further insight into their financial potential.