Ameriprise Financial stock gains as valuation case highlights earnings strength

Published on 09/18/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ameriprise Financial stock trades near its 52-week high as of September 18, 2026, with analysts pointing to strong earnings growth and high return on equity. The shares have returned 119.2% over five years while still trading at a discount P/E to peers.

Vermögensberater und Kunde beim Handschlag im modernen Büro mit Stadtblick — Ameriprise Financial Inc. US03076C1062 zeigt fotorealistisches Beratungsgespräch im modernen Büro mit Stadtblick, Illustration mit AI erstellt.

Ameriprise Financial, Inc. stock (ISIN US03076C1062) is trading close to its recent highs, with investors focusing on the company’s earnings strength and valuation as of September 18, 2026. Recent analysis highlights Ameriprise Financial’s high return on equity and metrics suggesting the stock may be priced below its estimated fair value of USD 574.36, compared with a latest share price around USD 545.70 in recent trading.

Strong earnings profile supports valuation

According to Yahoo Finance on September 18, 2026, Ameriprise Financial has delivered robust earnings growth, supported by its wealth management, asset management and insurance operations. The article points to a fair value estimate of USD 574.36 per share versus a recent price of USD 545.70, implying a valuation gap that reflects discount rather than deteriorating fundamentals.

As Yahoo Finance reports in its analysis dated September 18, 2026, Ameriprise Financial trades at a price-to-earnings ratio of about 12.2 times, well below the roughly 39.6 times P/E observed for the broader Capital Markets industry. This comparison suggests investors are paying a significantly lower multiple for Ameriprise Financial’s earnings versus peers, a gap that underpins the argument that the stock could still be a bargain despite its strong multi-year run.

Multi-year shareholder returns and buybacks

Recent performance numbers highlight why Ameriprise Financial remains on many investors’ radar. According to Yahoo Finance on September 18, 2026, Ameriprise Financial shares delivered a 12.5 percent total shareholder return over the past year, with a 119.2 percent total shareholder return over five years. These figures show that long-term holders have more than doubled their investment over five years, even as the stock still trades at a discount P/E multiple.

The same coverage notes that Ameriprise Financial’s share price rose 16.7 percent over the past 90 days but slipped 2.9 percent over the most recent month, reflecting some short-term volatility around an otherwise upward trend. For context, Yahoo Finance points out on September 18, 2026 that Ameriprise Financial has spent about USD 3.44 billion on share repurchases since early 2025, retiring roughly 7.7 percent of its shares. This buyback activity supports earnings per share and can amplify the impact of future profit growth on shareholder value.

Outlook and long-term revenue and earnings targets

Forward-looking estimates also play into the current valuation narrative. As Yahoo Finance reports on September 18, 2026, Ameriprise Financial’s narrative projects revenue of USD 22.9 billion and earnings of USD 4.8 billion by 2029. These targets imply that revenue would need to grow by about 4.9 percent per year from current levels, while earnings would increase by approximately USD 0.9 billion from about USD 3.9 billion today.

The same forecast framework indicates that, if Ameriprise Financial delivers on these growth rates, the fair value of USD 574.36 per share implies roughly 5 percent upside from the recent share price around USD 545.70. For investors, the key question is whether the company can sustain mid-single-digit revenue growth and expand earnings through both operating performance and continued capital returns such as buybacks and dividends.

Current trading level and market data

Per price data for Ameriprise Financial on the New York Stock Exchange as of September 18, 2026, the shares recently traded around USD 545.70, close to the upper end of their 52-week range of USD 306.63 to USD 492.58 reported earlier in the period, and near the latest 52-week high of USD 492.58 noted by stock portals as of September 18, 2026. With a market capitalization of about USD 48.259 billion as of September 18, 2026 and the stock hovering near its yearly peak, the current level reflects the strong track record of earnings and shareholder returns while leaving room for further appreciation if forecast growth materializes.