Ameriprise Financial Inc vs State Street Corp

Ameriprise Financial Inc (AMP) is undervalued and State Street Corp (STT) is undervalued.

Against our estimates of intrinsic value, STT trades at the wider discount: a margin of safety of +66%, against +45% for AMP.

Values as of the 22 Sept 2026 close.

Ameriprise Financial Inc (AMP)

Discounting its cash flows at 10.2% (average of 3 methods) values the shares at $927.60; the price of $512.37 is 45% below that value, and 72% of that value comes from beyond year five.

Leak Score 96/100 on 9 of 12 signals

State Street Corp (STT)

Discounting its cash flows at 11.2% (average of 3 methods) values the shares at $532.76; the price of $180.25 is 66% below that value, and 68% of that value comes from beyond year five.

Leak Score 69/100 on 10 of 12 signals

MetricAMPSTT
VerdictUndervaluedUndervalued
Price$512.37$180.25
Intrinsic value$927.60$532.76
Margin of safety+45%+66%
Leak Score96/100 (9/12)69/100 (10/12)
Market cap$45.3B$49.5B
Revenue growth, 5 years9.5%14.1%
Operating margin27.1%20.2%
Net margin19.9%14.8%
Return on equity63.4%12.4%
Debt to equity1.031.08
P/E12.4x15.9x
Forward P/E9.9x11.8x
P/B7.1x2.0x
Dividend yield1.3%1.9%

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