-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：NTRS公佈2026年第一季每股收益為2.71美元，較去年同期成長43%，但營收為22.1億美元（年成長14%），低於預期。淨利息收入年增15%至6.62億美元，受益於存款增加和融資成本降低，而非利息支出僅較去年同期成長6%，反映了其嚴格的費用控制。我們認為，NTRS強勁的淨利息收入成長和營運槓桿使其在資產管理和託管領域佔據領先地位。管理層預計將重申其13%-15%的淨資產收益率目標區間，並預期淨利息收入將實現中等個位數的成長。由於市場環境良好以及新增業務，託管/管理資產規模成長至18.6兆美元（年增10%），管理資產規模達1.8兆美元（年增11%）。鑑於強勁的資本充足率（以標準方法計算，CET1資本充足率達到12.0%），董事會批准了7%的股息成長。我們預計，股市走高和財富累積增加將有利於NTRS作為高淨值人士首選私人銀行的發展。更多詳情將在投資者電話會議後公佈。
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Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
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