InvestingPro Insights
Real-time data from InvestingPro highlights Ameriprise Financial’s solid financial footing. The company’s Market Cap stands at 31.49B USD, with a P/E Ratio of 12.33, indicating a fair valuation as of Q3 2023. The company’s revenue growth is also noteworthy, having risen by 8.82% over the last twelve months as of Q3 2023.
InvestingPro Tips further illuminate the company’s robust financial health. Ameriprise Financial is known for its high earnings quality, with free cash flow exceeding net income. Furthermore, the company has a commendable dividend policy, having raised its dividend for 19 consecutive years. This strong earnings performance should allow management to continue dividend payments, offering potential value for investors.
For more detailed insights and tips, consider exploring the InvestingPro product, which includes additional tips. Currently, there are 14 additional tips listed for Ameriprise Financial on the InvestingPro platform.
