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Ameriprise Financial, Inc.

AMP

Financial Services · 553.82 +0.3% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Ameriprise Financial, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Company+0.3% todayVolume comparison unavailable
Market group0 of 6 activeAsset Management · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • Banking and deposit interest expense decreased $53 million (42%) for the three months ended March 31, 2026 due to lower balances and lower average crediting rates on certificates and cash deposits.

Invalidation: The isolated read changes if AMP's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Asset Management

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Banking and deposit interest expense decreased $53 million (42%) for the three months ended March 31, 2026 due to lower balances and lower average crediting rates on certificates and cash deposits.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements258
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +5.5% year over year.
  • Operating cash flow covered net income at 2.34x in the latest annual period.
  • Foreign exchange has repeated favorable evidence across 5 filings.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 21% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 46% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

553.82
6m+22.9%12m+12.3%24m+26.2%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$13.4B+12.0%$28.48-4.5%
2022-12-31$14.3B+7.1%$27.70-5.2%
2023-12-31$16.1B+12.3%$23.71-5.2%
2024-12-31$17.9B+11.4%$33.05-4.5%
2025-12-31$18.9B+5.5%$36.28-4.6%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
Banking and deposit interest expense decreased $95 million, or 39%, for the six months ended June 30, 2026 compared to the prior year period primarily reflecting lower balances and lower average crediting rates on certificates and lower average crediting rate…
10-Q · Aug 4, 2026
Foreign exchangemixed · 5 filings
Total segment AUM increased $36.7 billion, or 5%, during the six months ended June 30, 2026 primarily due to equity market appreciation, partially offset by net outflows and an unfavorable foreign exchange impact.
10-Q · Aug 4, 2026
Restructuring and cost reductionsnegative · 4 filings
General and administrative expense, which excludes integration and restructuring charges, decreased $37 million, or 24%, for the six months ended June 30, 2026 compared to the prior year period primarily reflecting lower real estate expenses as well as expens…
10-Q · Aug 4, 2026
Pricing and mixmixed · 3 filings
The increase in expense was primarily due to a decrease in the IUL embedded derivatives in the prior period, which reflected more discounting due to higher forward rates and lower option costs due to a lower new money rate.
10-Q · Aug 4, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.9× · EV/sales 2.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

553.82+0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AMP. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AMP. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AMP

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

GNWGenworth Financial, Inc.partnerMay 7, 2026

In 2009, RiverSource Life established an agreement to protect its exposure to Genworth Life Insurance Company (“GLIC”) for its reinsured LTC.

GNWGenworth Financial, Inc.investeeFeb 19, 2026

For existing LTC policies, RiverSource Life has continued ceding 50% of the risk on a coinsurance basis to subsidiaries of Genworth Financial, Inc.

Depended on by

VOYAVoya Financial, Inc.competitorFeb 20, 2026

Our principal competitors include insurance-owned asset managers such as Principal Global Investors (Principal Financial Group), Prudential and Ameriprise and bank-owned asset managers such as "pure-play" asset managers including Invesco, T.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AMP is currently a Early Follower in the organic co-movement group Asset Management. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.