UBS cuts target for Truist Financial stock to USD 50

Published on 10/07/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Truist earned USD 1.50 billion in the second quarter, up 37.00 percent. Truist Financial stock costs EUR 40.67 on October 7, 2026 versus EUR 41.07.

Makroaufnahme gestapelter Dollarnoten mit feinen Papier- und Druckdetails — Makroaufnahme veranschaulicht Truist Financial (US89832Q1094) durch Detailtextur gestapelter Dollarbanknoten mit feinen Gravurlinien, Illustration mit AI erstellt.

Truist Financial (US89832Q1094) was trading at EUR 40.67 at Lang & Schwarz on October 7, 2026 at 4:01 p.m. CEST, minus 0.97 percent versus the prior close of EUR 41.07. On October 5, UBS cut its Truist Financial target from USD 55.00 to USD 50.00 and kept a Neutral rating, as MarketScreener reports.

Target cut meets stronger earnings

The target reduction gives investors a lower valuation reference ahead of the bank's next report, even as the latest completed quarter showed improved profitability. The change also leaves the USD 50.00 target above the EUR reference price, but the currencies are different and the comparison is not used to calculate an upside percentage.

In the second quarter of fiscal 2026, Truist reported net income of USD 1.50 billion and diluted earnings per share of USD 1.23, with net income up 37.00 percent year over year, according to ScanX. Return on tangible common equity reached 15.40 percent, while noninterest income increased 17.00 percent year over year and investment banking and trading revenue rose 72.00 percent.

Fee income offsets margin pressure

The earnings mix matters because fee income helped offset softer net interest income. Truist revised full-year 2026 revenue growth guidance to 3.50 percent to 4.00 percent from a previous 4.00 percent outlook, while expected noninterest income growth was raised to 10.00 percent, according to ScanX.

The bank also maintained a USD 5.00 billion share repurchase target for 2026. That capital-return plan contrasts with the lower revenue-growth outlook and makes the third-quarter update important for judging whether fee growth can continue to compensate for loan-spread pressure.

Results date and stock range

Truist is scheduled to report third-quarter 2026 results on October 16, 2026, according to Makkler. The stock's current 52-week range is USD 40.78 to USD 56.20, and its market capitalization is USD 56.7 billion as of October 7, 2026.

EUR 40.67 versus prior close

At Lang & Schwarz, Truist Financial stock was trading at EUR 40.67 on October 7, 2026 at 4:01 p.m. CEST, versus a prior close of EUR 41.07 and a minus 0.97 percent daily change. The further course of trading is shown by the continuously updated real-time quote of Truist Financial stock.