Close Brothers Group plc (LON:CBG)
United Kingdom · Delayed Price · Currency is GBP · Price in GBX | Market Cap | 565.23M -13.0% |
| Revenue (ttm) | 625.30M -8.2% |
| Net Income | -85.70M |
| EPS | -0.57 |
| Shares Out | 149.21M |
| PE Ratio | n/a |
| Forward PE | 6.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,043,569 |
| Open | 392.40 |
| Previous Close | 396.40 |
| Day's Range | 377.80 - 395.20 |
| 52-Week Range | 318.40 - 556.20 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 532.50 (+40.58%) |
| Earnings Date | Sep 29, 2026 |
About Close Brothers Group
Close Brothers Group plc, a banking company, engages in the provision of lending and deposit taking in the United Kingdom. It operates through three segments: Commercial, Retail, and Property. The company offers asset finance; finance for new and pre-owned aircraft, commercial vessels, and leisure boats; Loan, leasing and hire purchase finance options for optical, veterinary, dental, accountancy, legal, pharmacy, medical, and funeral sectors; and broker solutions. It also provides fast short-term and bridging finance for residential and commerc... [Read more]
Financial Performance
In fiscal year 2026, Close Brothers Group's revenue was 625.30 million, a decrease of -8.22% compared to the previous year's 681.30 million. Losses were -85.70 million, -14.47% less than in 2025.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for CBG stock is "Buy." The 12-month stock price target is 533p, which is an increase of 40.58% from the latest price.
News
Close Brothers Group Earnings Call Transcript: H2 2026
Loan book growth resumed with all divisions expanding in Q4, cost savings exceeded targets, and capital position remains robust. No dividend declared due to ongoing legal uncertainty over motor finance redress, but double-digit returns targeted by FY 2028.
Close Brothers Group Slides: H2 2026
Close Brothers Group has posted slides in relation to its H2 2026 quarterly earnings report, which was published on September 29, 2026.
Close Brothers Group Annual report: H2 2026
Close Brothers Group has published its H2 2026 annual report on September 29, 2026.
Close Brothers Group Annual report: H2 2026
Close Brothers Group has published its H2 2026 annual report on September 29, 2026.
UK's Close Brothers names new chair as Biggs nears end of nine year term
Close brothers on Friday said chair Mike Biggs will step down in November after completing this nine year tenure at the British specialist lender and named senior independent director Ma...
Close Brothers Group Earnings release: Q3 2026
Close Brothers Group released its Q3 2026 earnings on May 21, 2026, summarizing the period's financial results.
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers have decided not to launch a legal challenge against the UK financial regulator's 9.1 billion pound($12.31 billion) compensation scheme for consumers who were allegedly mis-sold car f...
Close Brothers stock jump 23% as $430M redress eases fears
Close Brothers stock surged on Wednesday after the specialist lender said the expected cost of the UK motor finance redress scheme would be broadly in line with money it had already set aside, easing ...
Britain's Close Brothers flags $430 million motor finance cost
Britain's Close Brothers on Wednesday disclosed a potential 320 million pound ($429.50 million) cost related to a motor finance mis-selling scandal, broadly similar to the specialist lende...
Close Brothers Group Earnings Call Transcript: H1 2026
Resilient first-half performance with adjusted operating profit of GBP 65.2 million and strong capital position (CET1 14.3%), despite a statutory loss driven by motor finance commission provisions. Transformation and cost savings are ahead of plan, with a clear path to double-digit RoTE by 2028.
Close Brothers Group Quarterly report: H1 2026
Close Brothers Group has published its H1 2026 quarterly earnings report on March 17, 2026.
Close Brothers Group Slides: H1 2026
Close Brothers Group has posted slides in relation to its H1 2026 quarterly earnings report, which was published on March 17, 2026.
UK's Close Brothers to cut 600 jobs by 2027
British lender Close Brothers said on Tuesday it expects to cut 600 roles by fiscal 2027 as part of its ongoing cost-reduction efforts, citing rising costs linked to the motor finance mis-selling...
Close Brothers Group Slides: Corporate presentation
Close Brothers Group has posted slides in relation to its latest quarterly earnings report, which was published on March 17, 2026.
Close Brothers' shares tumble after being targeted by short seller; firm counters claims
Close Brothers' shares tumbled 15% on Monday after short seller Viceroy Research posted a report on its website saying it was short the British financial services firm.
Close Brothers Group Earnings release: Q1 2026
Close Brothers Group released its Q1 2026 earnings on November 20, 2025, summarizing the period's financial results.
Close Brothers lifts motor finance charge by about $180 million
British lender Close Brothers said on Tuesday it expects to take an additional charge of about 135 million pounds ($179.86 million) in relation to the scandal, taking its total provision to about 300 ...
Close Brothers Group Earnings Call Transcript: H2 2025
Capital position strengthened with CET1 at 13.8% and £400m generated or preserved. Adjusted operating profit fell 14% to £144m, impacted by £267m in adjusting items, including motor finance provisions. Portfolio simplification and cost-saving initiatives position the group for double-digit ROTE by FY 2028.
Close Brothers Group Annual report: H2 2025
Close Brothers Group has published its H2 2025 annual report on September 30, 2025.
Close Brothers Group Annual report: H2 2025
Close Brothers Group has published its H2 2025 annual report on September 30, 2025.
Close Brothers Group Slides: H2 2025
Close Brothers Group has posted slides in relation to its H2 2025 quarterly earnings report, which was published on September 30, 2025.
British lender Close Brothers' annual profit beats estimates despite motor finance probe
British lender Close Brothers reported an annual profit of 144.3 million pounds ($193.88 million) on Tuesday, beating market estimates, as cost-saving measures and selective lending helped offset pres...
Close Brothers pops 30%, Lloyds surge after favourable motor finance ruling
Close Brothers shares popped 30% at the open on Monday, after a Supreme Court ruling last week on car finance commissions went largely in favour of banks, although it still left them facing millions o...
UK's Close Brothers to sell Winterflood to Marex for $140 million
British lender Close Brothers said on Friday it has agreed to sell market maker Winterflood Securities to financial services company Marex Group for approximately 103.9 million pounds ($140.20 million...
UK's Close Brothers to revamp premium finance, shares drop 7%
British lender Close Brothers said on Wednesday it would streamline its premium finance division to focus on business clients over individuals due to rising costs and operational complexity.