Close Brothers /£CBG

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About Close Brothers

Close Brothers Group plc, listed under the ticker CBG, is a specialist financial services group based in the UK. Founded in 1878, the company's operations emphasize providing lending, deposit acceptance, and securities trading. It operates primarily in the banking sector, serving both individual and business clients with tailored financial solutions.

Ticker

£CBG

Primary listing

LSE

Industry

Banks

Employees

3,000

ISIN

GB0007668071

Close Brothers Metrics

BasicAdvanced
£570M
-
-£0.68
1.20
-

What the Analysts think about Close Brothers

Analyst ratings (Buy, Hold, Sell) for Close Brothers stock.

Bulls say / Bears say

Close Brothers Group has taken proactive steps to strengthen its capital base by selling its wealth management unit to Oaktree Capital Management for up to £200 million, which is expected to increase the group's common equity tier 1 capital ratio by approximately 100 basis points. (bloomberg.com)
Analysts at Shore Capital have reaffirmed a 'buy' rating for Close Brothers Group, indicating confidence in the company's future performance. (marketbeat.com)
RBC Capital Markets upgraded Close Brothers Group to an 'Outperform' rating, citing potential catalysts such as regulatory developments and the approval of the Internal Ratings-Based approach, which could positively impact the company's performance. (investing.com)
Close Brothers Group has set aside up to £165 million to cover potential claims related to motor finance mis-selling, indicating significant financial exposure. (stockanalysis.com)
The company has scrapped its annual dividend due to uncertainties surrounding a regulatory probe into the motor finance industry, reflecting potential financial strain. (tradingview.com)
Close Brothers Group's shares plunged nearly 18% after the company raised its estimate for legal costs associated with motor finance claims, highlighting ongoing financial challenges. (tradingview.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Jun 2025.

Close Brothers Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Close Brothers Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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