Is Ameriprise Financial Inc (AMP) overvalued? · P/E 12, rev $17.93B
Ameriprise Financial Inc (AMP) is a asset management company listed on NYSE.
This page asks whether Ameriprise Financial Inc (AMP) looks expensive on cached numbers — not a short thesis.
Latest reported AMP revenue for 2024-12-31 was $17.93B. Net income was $3.40B. Revenue was up 11.4% from 2023-12-31 to 2024-12-31. AMP currently screens at market cap $42.43B and trailing P/E 11.8.
AMP currently screens at market cap $42.43B and trailing P/E 11.8. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next AMP 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the AMP stock page for the full model, not this heading.
Not investment advice.