Topic

Banking Sector Research

Finvaulta tracks 1658 research reports on Banks, updated through October 6, 2026. Latest: European Earnings: Strength Expected to Continue.

Institutional research on Banks covering equities, government bonds, commodities, and foreign exchange, from Goldman Sachs, UBS, Deutsche Bank, and J.P. Morgan. Finvaulta indexes each report with a summary, key figures and its original publication date.

Finvaulta is an independent research collection; views and forecasts belong to the named report issuers.

Latest research

European Earnings: Strength Expected to Continue

UBS·Oct 6, 2026

UBS maintains an Attractive rating on Eurozone equities, projecting 15% earnings growth for both 2026 and 2027. The upcoming 3Q results season is expected to show accelerating revenues, resilient secular spending in AI, defense, and electrification, and an emerging currency tailwind.

Greater China Alpha Opportunities

UBS·Oct 5, 2026

UBS CIO GWM has rebalanced its Greater China Alpha Opportunities equity preference list, pivoting from broad post-reopening plays to bottom-up alpha and defensive yield names. Four stocks were added (WuXi AppTec, CGN Power, Sichuan Kelun-Biotech, China Mengniu Dairy), Shengyi Technology was removed, and major internet leaders were trimmed in favor of large SOE banks, infrastructure, and telecom names.

Compare with the previous edition (Sep 28, 2026)

Emirates NBD: Data Update: Minor Changes to Estimates

Goldman Sachs·Oct 5, 2026

Goldman Sachs maintains a Neutral rating on Emirates NBD while lifting its 12-month price target to AED35.0 from AED32.0 ahead of 3Q26 earnings. The firm raised its 2026 EPS estimate by ~7% to AED3.90 due to stronger NII, fees, and lower credit costs, though 2027 EPS forecasts remain flat.

Americas Regional Banks and Consumer Finance: 3Q26 Preview

Goldman Sachs·Oct 5, 2026

Goldman Sachs previews 3Q26 earnings for Americas Regional Banks & Consumer Finance, adopting a constructive view on regional banks where depressed valuations (<10x 2027E P/E) offer relief rally potential. While consumer finance faces macro headwinds from higher rates and oil, credit quality remains resilient and mortgage originators face rebasing estimates.

Upstart Holdings: Releases September Origination Volumes

Goldman Sachs·Oct 5, 2026

Upstart reported September monthly originations of ~$1,378mn ($53.1mn/day), bringing total 3Q26 originations to $4,117mn, in line with consensus expectations. The October Upstart Macro Index remained flattish at 1.49, indicating stable default trends, and Goldman Sachs maintains a Neutral rating with a $39 price target.

Growth Is Good, but Rates Bite

Goldman Sachs·Oct 5, 2026

European equities are down 4.5% from recent peaks due to sharp bond yield increases and sovereign spread widening, though resilient earnings revisions and superior market breadth continue to support returns. Goldman Sachs maintains an overweight stance on Banks, Technology, Renewables, and Defense where earnings momentum remains durable.

Compare with the previous edition (Sep 10, 2026)

Selected research

Selected for relevance; publication dates show when each report was written.

Americas Banks 3Q26 Preview: Cautious Optimism

Goldman Sachs·Oct 4, 2026

Goldman Sachs previews 3Q26 earnings for large Americas banks with cautious optimism, expecting strong NII and resilient ROTCEs to be counterbalanced by a QoQ capital markets normalization and moderating capital deployment. The analysts maintain Buy ratings on Wells Fargo (Conviction List), Bank of America, and Citigroup as their top ideas.

Follow The Flow: Uncertainty Persists

Bank of America·Oct 2, 2026

European and global fixed-income funds suffered their worst weekly outflows since April (-$2.67bn), driven by higher yields and elevated rate volatility. High-grade and high-yield funds faced persistent redemptions, while equities and EM debt funds maintained positive inflows.

US Banks: Reading the Tea Leaves - Notes from the Road

Bank of America·Oct 2, 2026

Following investor meetings across Europe, BofA observes growing caution around US bank cycle risks amid surging interest rates, delayed AI monetization, and upcoming elections. However, the analysts argue it is too early to declare an end to the cycle and favor quality money centers led by top pick JPMorgan.

Back to School: Regulatory Developments in Financial Services

Deloitte·Sep 29, 2026

Deloitte's September 2026 report outlines regulatory changes and strategic priorities across US banking, capital markets, insurance, investment management, and private capital heading into 2027. Regulators are streamlining compliance and encouraging innovation such as tokenization and AI, while sharpening oversight of private credit and third-party operational dependencies.

Postcard from London: Key Takeaways from European Financials

UBS·Sep 25, 2026

Following a major European financials conference in London, UBS CIO reaffirms its Attractive preference for European banks over a Neutral view on insurers. Bank earnings are broadening via accelerating corporate loan growth, AI efficiencies, and strong capital returns, whereas insurers face softening P&C pricing.

Warsh Declaims That ‘Money Matters’: The Secular Bull Case for Banks in the ‘Grand Global Economic Re-ordering’

Orlock Advisors Ltd·Sep 8, 2026

Federal Reserve Chairman Kevin Warsh's declaration that 'money matters' underscores a systemic transition to financial repression, where commercial bank credit growth is utilized to inflate away excessive debt-to-GDP ratios. While this creates a secular bull case for commercial bank equities and gold, near-term capital wars and the 'shock of 26' require tactical liquidity.