Ameriprise Financial, Inc. · AMP · FY2024 Q4 · Calendar Q1 2025
Ameriprise emphasizes wealth inflows, capital return and technology investment
The supplied analysis supports a constructive but qualified view: strong wealth-management flows, capital returns and technology investment support the growth narrative, while rate sensitivity, cash balances and execution risks are important offsets.
Earnings scorecard
Reported versus consensusMarket reaction
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Transcript intelligence
What changed
Relative to the prior-quarter analysis, management continued the growth and capital-return focus while adding emphasis on the bank portfolio's fixed-rate mix and AI-enabled productivity. The supplied analysis also identifies ongoing attention to rate-sensitive income, elevated cash balances and execution of new products.
Guidance delta
Maintained; no new quantitative guidance change is supplied.
Key takeaways
- Management highlighted strong fourth-quarter performance and record return on equity.
- Wealth Management remained the central growth engine, with wrap-platform expansion and client inflows emphasized.
- The company is investing in bank products, active ETFs, technology and AI while continuing capital returns.
- The bank portfolio shift toward fixed-rate securities is intended to support net interest income in a softer-rate environment.
Management priorities
- Expand the wrap platform and related wealth-management offerings.
- Launch bank products and broaden active ETFs and SMA capabilities.
- Scale intelligent automation and test generative AI for adviser productivity and client service.
- Continue capital returns and targeted share buybacks.
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Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 18, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Morgan Stanley | Underweight | Underweight | Maintain | Oct 9, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | Oct 7, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Oct 6, 2026 |
| Argus Research | Buy | Buy | Maintain | Jul 31, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Jul 24, 2026 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Jul 24, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Jul 13, 2026 |
| Jefferies | Buy | Buy | Maintain | Jul 10, 2026 |
| William Blair | Market Perform | Outperform | Downgrade | Jul 25, 2025 |
| Raymond James | Strong Buy | Strong Buy | Maintain | Jul 25, 2025 |
| UBS | Neutral | Buy | Downgrade | Jan 6, 2025 |
| Goldman Sachs | Buy | Buy | Maintain | Mar 27, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Feb 1, 2023 |
| B of A Securities | Buy | Buy | Maintain | Sep 7, 2022 |
| Citigroup | Buy | Buy | Maintain | Jun 21, 2021 |
| Barclays | Overweight | Overweight | Maintain | Apr 12, 2021 |
| CFRA | Buy | Buy | Maintain | May 13, 2020 |
| SunTrust Robinson Humphrey | Hold | Hold | Maintain | Oct 26, 2017 |
| Deutsche Bank | Hold | Buy | Downgrade | Oct 14, 2016 |
| Wells Fargo | Market Perform | Outperform | Downgrade | Jan 13, 2016 |
| Keefe Bruyette & Woods | Outperform | Outperform | Maintain | Oct 12, 2015 |
| Sterne Agee | Neutral | Neutral | Maintain | Oct 13, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $500.8. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Morgan Stanley | Analyst unavailable | $483 | $499.08 | -3.6% | Oct 9, 2026 |
| Capital One Financial | Brennan Hawken | $520 | $496.67 | +3.8% | Oct 6, 2026 |
| Raymond James | Analyst unavailable | $570 | $490.91 | +13.8% | Oct 5, 2026 |
| Raymond James | Analyst unavailable | $638 | $558.26 | +27.4% | Aug 21, 2026 |
| Piper Sandler | Analyst unavailable | $518 | $506.76 | +3.4% | Jul 13, 2026 |
| Morgan Stanley | Michael Cyprys | $489 | $506.62 | -2.4% | Jul 10, 2026 |
| Jefferies | Suneet Kamath | $645 | $500.16 | +28.8% | Jul 10, 2026 |
| Piper Sandler | Crispin Love | $471 | $467.19 | -6.0% | May 4, 2026 |
| Morgan Stanley | Analyst unavailable | $467 | $479.63 | -6.7% | Apr 30, 2026 |
| BMO Capital | Brennan Hawken | $490 | $455.71 | -2.2% | Apr 24, 2026 |
| RBC Capital | Analyst unavailable | $560 | $456.59 | +11.8% | Apr 21, 2026 |
| Morgan Stanley | Analyst unavailable | $452 | $441.86 | -9.7% | Apr 10, 2026 |
| Raymond James | Wilma Burdis | $582 | $488.19 | +16.2% | Feb 11, 2026 |
| RBC Capital | Kenneth Lee | $605 | $529.47 | +20.8% | Feb 2, 2026 |
| Piper Sandler | John Barnidge | $530 | $521.36 | +5.8% | Jan 29, 2026 |
| Morgan Stanley | Analyst unavailable | $485 | $489.17 | -3.2% | Dec 22, 2025 |
| Evercore ISI | Analyst unavailable | $570 | $490.17 | +13.8% | Oct 9, 2025 |
| Morgan Stanley | Analyst unavailable | $484 | $486.62 | -3.4% | Oct 1, 2025 |
| Morgan Stanley | Michael Cyprys | $462 | $519.55 | -7.7% | May 15, 2025 |
| Morgan Stanley | Michael Cyprys | $509 | $514.04 | +1.6% | Oct 30, 2024 |
| Goldman Sachs | Alexander Blostein | $476 | $463.09 | -5.0% | Sep 25, 2024 |
| RBC Capital | Kenneth Lee | $500 | $432.05 | -0.2% | Jul 30, 2024 |
| UBS | Brennan Hawken | $495 | $429.25 | -1.2% | Jul 9, 2024 |
| Argus Research | Kevin Heal | $460 | $418.95 | -8.1% | May 6, 2024 |
| Morgan Stanley | Michael Cyprys | $445 | $412.86 | -11.1% | Apr 24, 2024 |
| Morgan Stanley | Michael Cyprys | $437 | $435.77 | -12.7% | Apr 9, 2024 |
| Piper Sandler | John Barnidge | $392 | $428.89 | -21.7% | Apr 5, 2024 |
| Morgan Stanley | Analyst unavailable | $345 | $320.45 | -31.1% | Jan 10, 2023 |
| UBS | Analyst unavailable | $370 | $324.71 | -26.1% | Jan 9, 2023 |
| Goldman Sachs | Analyst unavailable | $330 | $332.97 | -34.1% | Nov 23, 2022 |
| Morgan Stanley | Analyst unavailable | $340 | $316.94 | -32.1% | Nov 17, 2022 |
| Piper Sandler | Analyst unavailable | $220 | $223.12 | -56.1% | Jul 15, 2022 |
| Piper Sandler | Analyst unavailable | $231 | $238.27 | -53.9% | Jul 8, 2022 |
| Piper Sandler | John Barnidge | $253 | $235.1 | -49.5% | Jun 21, 2022 |
| Piper Sandler | Analyst unavailable | $275 | $274.33 | -45.1% | May 27, 2022 |
| UBS | Analyst unavailable | $350 | $267.4 | -30.1% | Apr 26, 2022 |
| Morgan Stanley | Analyst unavailable | $330 | $280.96 | -34.1% | Apr 26, 2022 |
| Jefferies | Suneet Kamath | $350 | $293.04 | -30.1% | Apr 9, 2022 |
| Piper Sandler | John Barnidge | $310 | $292.26 | -38.1% | Apr 6, 2022 |
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Start freeCompany context
Snapshot as of publicationAmeriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment consists of financial planning and advice, as well as full-service brokerage services for retail clients through financial advisors.…
Historical context
All AMP earningsFinancial Services peers this season
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|---|---|---|---|---|
| IBN ICICI Bank Limited | FY2027 Q2 · Calendar Q4 2026 | — | — | ICICI Bank Q2 FY27: Strong Growth, Temporary Margin Pressure |
| HDB HDFC Bank Limited | FY2027 Q2 · Calendar Q4 2026 | — | — | HDFC Bank: Strong deposits, resilient asset quality, margins under pressure |
| MTB-PH M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.2% | — | M&T Bank: Loan Growth Holds Up as Rates Pressure Margins |
| MTB-PJ M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.2% | — | M&T: Deposit growth supports margins as AI use expands |
| RF-PE Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | +10.3% | — | Regions Financial: Fee Growth and Credit Quality Support Q3 |
| RF-PC Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | +10.3% | — | Regions Financial: Fee growth supports a steady Q3 outlook |
Latest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-17T16:15:01.552645+00:00
- Polygon adjusted daily market bars · 2026-10-18T14:40:42.263242+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-18T14:40:42.260318+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-18. For educational purposes only; not investment advice.