12:40 PM EDT, 07/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target to $137 from $115 rolling to our 2026 earnings estimate to derive a 15.0x multiple, in line with the five-year historic average at 15.1x. We lift our 2025 EPS view by $0.25 to $8.40 and 2026's by $0.30 to $9.10, on revenue projections of $8.0B and $8.25B, respectively. NTRS raised its ROE guidance to 13%-15% (prior 10%-13%) driven by revenue growth and operating cost efficiencies. Expenses were up just 4% in Q2 2025, the lowest rate of growth in the last six quarters. Net interest income (NII) contributed 30% of total revenue in Q2 2025, and full-year guidance is expected to increase by mid-single digits Y/Y. This assumes modest declines in deposits in Q3 2025 and stable deposit mix and loans. Total interest-bearing deposits rose 10% Y/Y in Q2 2025 (3% Q/Q) and loans were up 3% (6%). The company returned $486M through cash dividends of $146M and common share repurchases of $339M. We like that NTRS's board of directors authorized a 7% dividend hike after the Fed's June stress test results.