CTBC Financial stock: Citi raises target to TWD 79.40 for CTBC Financial stock
Published on 10/21/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst and earnings facts
- Citi raised its CTBC Financial target to TWD 79.40 on October 15, 2026.
- Second-quarter net income fell to TWD 16.43 billion from TWD 23.10 billion in the prior quarter.
- CTBC Financial stock closed at TWD 74.80 on October 21, 2026, up 4.47 percent on the Taiwan Stock Exchange.
- The next earnings report is scheduled for November 24, 2026.
Citi analyst Michael Zhang raised the target for CTBC Financial to TWD 79.40 in a note dated October 15, 2026, putting the target 6.15 percent above the TWD 74.80 closing price. StreetInsider reported the target change on October 15, 2026. CTBC Financial stock closed at TWD 74.80 on October 21, 2026 at 1:30 p.m. TST, up 4.47 percent versus the TWD 71.60 prior close of October 20, 2026 on the Taiwan Stock Exchange.
Quarterly profit weakened
The latest reported quarter was identified as the second quarter ended June 30, 2026. Investing.com listed sales revenue at TWD 96.03 billion, up 12.50 percent from TWD 85.37 billion in the prior quarter, while net income fell 28.87 percent to TWD 16.43 billion from TWD 23.10 billion. The revenue increase did not prevent a lower earnings contribution from the quarter before.
Stock near its yearly high
The TWD 74.80 close stood 0.66 percent below the TWD 75.30 52-week high, while the day's range ran from TWD 71.80 to TWD 74.90. Trading volume reached 44,210,248 shares on October 21, 2026. MarketScreener listed a 42.63 percent year-to-date gain as of October 20, 2026.
Valuation and reporting date
Investing.com listed a price-to-earnings ratio of 13.48, a dividend yield of 3.49 percent and an average target of TWD 72.57 from 11 analysts on October 21, 2026. That average target was 2.98 percent below the TWD 74.80 close. TradingView lists November 24, 2026 as the next earnings date.
Comparison with peers
On October 21, 2026, CTBC Financial showed a 4.47 percent daily gain, a price-to-earnings ratio of 17.64 and a market capitalization of TWD 1.5 trillion. Fubon Financial Holding (Taiwan Stock Exchange, TWD): up 3.26 percent, price-to-earnings ratio 13.63, market capitalization TWD 2.2 trillion. Cathay Financial Holding (Taiwan Stock Exchange, TWD): up 3.64 percent, price-to-earnings ratio 12.51, market capitalization TWD 1.7 trillion.
What the target implies
Citi's TWD 79.40 target sits above the average analyst target of TWD 72.57, creating a 9.42 percent gap between the two estimates. For investors, the next earnings release will test whether the second-quarter profit decline was temporary or part of a broader earnings reset. CTBC Financial Holding Co., Ltd. is listed on the Taiwan Stock Exchange under ticker 2891.
Market context: Market report TAIEX.
CTBC Financial Holding at a glance
- Company: CTBC Financial Holding Co., Ltd.
- ISIN: TW0002891009
- Ticker: 2891
- Primary exchange: Taiwan Stock Exchange
- Price Taiwan Stock Exchange (as of October 21, 2026, 1:30 p.m. TST): TWD 74.80
- Change versus prior close: plus 4.47 percent
- Prior close (October 20, 2026): TWD 71.60
- Market capitalization: TWD 1.5 trillion (as of October 21, 2026)
- 52-week range: TWD 41.75-TWD 75.30 (as of October 21, 2026)
- Sector: Banks
- Next earnings date: November 24, 2026
