Close Brothers Group plc (LON: CBG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
233.20
+10.20 (4.57%)
Dec 23, 2024, 1:41 PM BST
-70.27%
Market Cap 332.24M
Revenue (ttm) 926.80M
Net Income (ttm) 89.30M
Shares Out 148.99M
EPS (ttm) 0.60
PE Ratio 3.75
Forward PE 3.17
Dividend n/a
Ex-Dividend Date n/a
Volume 277,281
Open 225.00
Previous Close 223.00
Day's Range 222.24 - 236.60
52-Week Range 179.83 - 819.00
Beta 0.82
Analysts n/a
Price Target n/a
Earnings Date Sep 19, 2024

About Close Brothers Group

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprises debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging ... [Read more]

Sector Financials
Founded 1878
Employees 4,031
Stock Exchange London Stock Exchange
Ticker Symbol CBG
Full Company Profile

Financial Performance

In 2024, Close Brothers Group's revenue was 926.80 million, an increase of 14.94% compared to the previous year's 806.30 million. Earnings were 89.30 million, an increase of 10.11%.

Financial Statements

News

Close Brothers Asset Management Partners With Objectway to Drive Growth and Innovation

LONDON--(BUSINESS WIRE)-- #CloseBrothers--Objectway's advanced Portfolio Management solution represents a significant step forward in Close Brothers Asset Management's digital transformation.

4 weeks ago - Business Wire

Lloyds, Close Brothers fall after UK motor finance ruling

Shares in Lloyds and Close Brothers Group fell on Friday after London's Court of Appeal ruled that motor finance brokers owe duties to their customers.

2 months ago - Reuters

Close Brothers Group PLC (CBGPY) (Q4 2024) Earnings Call Transcript Highlights: Strong ...

Close Brothers Group PLC (CBGPY) (Q4 2024) Earnings Call Transcript Highlights: Strong Financial Performance Amid Market Challenges

3 months ago - GuruFocus

Close Brothers Sells Wealth Unit to Oaktree to Bolster Capital

Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as £200 million ($265 million) as it looks to strengthen its balance sheet amid...

3 months ago - BNN Bloomberg

Close Brothers Has Suspended Its Dividend: Should I Sell?

In early 2024, Close Brothers' share price collapsed, and shortly after that, it suspended its dividend. I don't think I've made an obvious mistake by continuing to hold the shares today. The lesson I...

7 months ago - Seeking Alpha

U.K. Dividend Stocks Portfolio Q1 2024: Results Season Review

The UK Dividend Stocks Portfolio also had a generally good results season.In terms of activity, I added two new holdings to the portfolio, one in January and one in February.

9 months ago - Seeking Alpha

Canaccord Genuity eyes Close Brothers wealth business in UK push – sources

Canaccord Genuity has explored a potential acquisition of Close Brothers Group's wealth management operations, two people familiar with the matter told Reuters, a move that would increase the Canadian...

1 year ago - Reuters

A Close Encounter With a Merchant Bank

Close Brothers Group PLC ( LSE:CBG , Financial) is a U.K. merchant banking group providing lending, deposit taking, wealth management services and securities trading with a history going back 144 year...

2 years ago - GuruFocus