Keefe, Bruyette & Woods cuts target for Truist Financial stock to USD 54.00
Published on 10/27/2026 at 17:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- On October 19, 2026, Keefe, Bruyette & Woods cut its target from USD 55.00 to USD 54.00 and kept a Market Perform rating.
- Third-quarter earnings per share came in at USD 1.16 versus USD 1.17 expected on October 16, 2026.
- Truist Financial stock costs EUR 43.85 at Lang & Schwarz on October 27, 2026 at 5:52 p.m. CEST, 2.81 percent above the Tradegate close of October 26, 2026.
- The next earnings date is January 20, 2027, according to Zacks.
Keefe, Bruyette & Woods cut its Truist Financial target from USD 55.00 to USD 54.00 on October 19, 2026, while keeping a Market Perform rating, MarketBeat reports. The target is 10.54 percent above the USD 48.85 NYSE price on October 27, 2026. Truist Financial stock was trading at EUR 43.85 at Lang & Schwarz on October 27, 2026 at 5:52 p.m. CEST, plus 2.81 percent versus the Tradegate close of October 26, 2026 at EUR 42.65.
Third-quarter results set the backdrop
Truist Financial reported third-quarter 2026 results on October 16, 2026. MarketBeat said earnings per share reached USD 1.16 against a USD 1.17 consensus estimate, while revenue was USD 5.30 billion versus USD 5.35 billion expected. Revenue still increased 1.30 percent from the prior-year quarter, but the earnings miss gives the lower target a concrete backdrop.
Stock position and valuation
The NYSE quote stood at USD 48.85 at 12:55 p.m. ET on October 27, 2026. Truist Financial's 52-week range was USD 43.13 to USD 56.20, putting the price 13.26 percent above the low and 13.08 percent below the high. Volume reached 2,880,748 shares, while the market capitalization was USD 59.7 billion.
At a trailing P/E ratio of 12.59 and a dividend yield of 4.00 percent on October 27, 2026, the valuation sits between the operating result and the reduced analyst target. The company also reported total assets of USD 554.0 billion as of September 30, 2026, according to Truist Financial.
When are the next results due?
The next earnings release is scheduled for January 20, 2027, according to Zacks. Its calendar lists a consensus estimate of USD 1.22 in earnings per share for the December 2026 quarter, giving investors a dated checkpoint after the October results.
Comparison with peers
Truist Financial: plus 2.81 percent, P/E 12.59, market capitalization USD 59.7 billion on October 27, 2026.
Citizens Financial Group (NYSE, USD): plus 0.28 percent, P/E 13.22, market capitalization USD 27.6 billion on October 27, 2026.
Regions Financial (NYSE, USD): minus 0.03 percent, P/E 11.21, market capitalization USD 24.4 billion on October 27, 2026.
The reduced target meets a firmer quote
The analyst revision places the focus on whether the next report can close the gap between USD 1.16 actual earnings per share and USD 1.17 expected. At Lang & Schwarz, Truist Financial stock was trading at EUR 43.85 on October 27, 2026 at 5:52 p.m. CEST, plus 2.81 percent versus the Tradegate close of October 26, 2026 at EUR 42.65. The further course of trading is shown by the continuously updated real-time quote of Truist Financial stock.
Truist Financial market data
- Company: Truist Financial Corporation
- ISIN: US89832Q1094
- Ticker: TFC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 5:52 p.m. CEST): EUR 43.85
- Change versus Tradegate close: plus 2.81 percent
- Tradegate close (October 26, 2026): EUR 42.65
- Market capitalization: USD 59.7 billion (as of October 27, 2026)
- 52-week range: USD 43.13-USD 56.20 (as of October 27, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: January 20, 2027
Market context: Market report S&P 500.
