-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：NTRS公布2026年第一季度每股收益为2.71美元，同比增长43%，但营收为22.1亿美元（同比增长14%），低于预期。净利息收入同比增长15%至6.62亿美元，受益于存款增加和融资成本降低，而非利息支出仅同比增长6%，体现了其严格的费用控制。我们认为，NTRS强劲的净利息收入增长和运营杠杆使其在资产管理和托管领域占据领先地位。管理层预计将重申其13%-15%的净资产收益率目标区间，并预期净利息收入将实现中等个位数的增长。由于市场环境良好以及新增业务，托管/管理资产规模增长至18.6万亿美元（同比增长10%），管理资产规模达到1.8万亿美元（同比增长11%）。鉴于强劲的资本充足率（按标准方法计算，CET1资本充足率达到12.0%），董事会批准了7%的股息增长。我们预计，股市走高和财富积累增加将有利于NTRS作为高净值人士首选私人银行的发展。更多详情将在投资者电话会议后公布。
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.
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Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled
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$^TASI$SASE:2380$SASE:4012