Citi raises target to TWD 79.40 for CTBC Financial stock
Published on 10/21/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCatalyst and financial markers
- Citi analyst Michael Zhang raised the target to TWD 79.40 on October 15, 2026.
- CTBC Financial reported TWD 16.43 billion in net income for the second quarter of 2026.
- CTBC Financial's market capitalization was TWD 1.5 trillion on October 21, 2026.
CTBC Financial (TW0002891009) drew a higher price target from Citi on October 15, 2026, when analyst Michael Zhang raised the target to TWD 79.40, StreetInsider reported. The Taiwan Stock Exchange quote was last at TWD 74.80 on October 21, 2026 at 1:30 p.m. TST.
Target reaches TWD 79.40
The new target stands 6.15 percent above the October 21 quote. The gap gives the analyst action a measurable valuation context, while the current market capitalization was TWD 1.5 trillion on October 21, 2026.
CTBC Financial's investor-relations page describes a holding company with nine subsidiaries and a workforce of 30,000. The company operates through banking, insurance, securities and investment businesses, according to CTBC Financial.
What does the target imply?
For investors, the key comparison is between the TWD 79.40 target and the TWD 74.80 quote, not between the target and a foreign-currency listing. The difference is 6.15 percent, calculated from the two Taiwan-dollar values.
Three dated stock events
On August 18, 2026, CTBC Financial reported TWD 16.43 billion in net income for the second quarter, according to MarketScreener. On September 15, 2026, the group reported TWD 9.93 billion in attributable after-tax profit for August, the same source reported. On October 15, 2026, Citi raised its target to TWD 79.40, as StreetInsider reported.
Stock stays near its yearly high
CTBC Financial's October 21 quote of TWD 74.80 was below its 52-week high of TWD 75.30 and above its 52-week low of TWD 41.75. The company therefore enters the analyst update with its Taiwan-dollar price close to the top of its annual range.
Trading perspective
The Taiwan Stock Exchange quote was last at TWD 74.80 on October 21, 2026 at 1:30 p.m. TST, while the reported analyst target was TWD 79.40.
CTBC Financial stock facts
- Company: CTBC Financial Holding Co., Ltd.
- ISIN: TW0002891009
- Ticker: 2891
- Primary exchange: Taiwan Stock Exchange
- Market capitalization: TWD 1.5 trillion (as of October 21, 2026)
- 52-week range: TWD 41.75-75.30 (as of October 21, 2026)
- Sector / Industry: Banks
Market context: Market report TAIEX.
