Close Brothers Group plc (CBGPY)

OTCMKTS · Delayed Price · Currency is USD
9.08
-0.61 (-6.30%)
May 22, 2025, 10:22 AM EDT
-25.51%
Market Cap 690.24M
Revenue (ttm) 1.14B
Net Income (ttm) -127.28M
Shares Out n/a
EPS (ttm) -0.85
PE Ratio n/a
Forward PE 6.13
Dividend n/a
Ex-Dividend Date n/a
Volume 250
Average Volume 140
Open 9.08
Previous Close 9.69
Day's Range 9.08 - 9.08
52-Week Range 4.62 - 14.45
Beta 1.19
RSI 58.67
Earnings Date Jun 13, 2025

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 OTCMKTS
Ticker Symbol CBGPY
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 numbers in GBP Financial Statements

News

Close Brothers bolsters capital ratios before landmark motor finance judgment

Close Brothers' total capital ratio rose by 80 basis points to 18% in the quarter to the end of April, as it bolstered its finances pending a ruling that may force the bank and others to pay out milli...

2 days ago - Reuters

UK lender Close Brothers says court appeal of motor claims will cost it more

British lender Close Brothers on Tuesday forecast annual legal costs to be higher than it previously expected, as regulations over motor finance claims are being challenged by the industry in the Supr...

2 months ago - Reuters

Close Brothers, Lloyds fall; traders cite UK court decision on motor finance

Shares in British lenders Close Brothers and Lloyds Banking group fell on Monday, with traders and analysts citing reports that the Treasury has been blocked from intervening into the Supreme Court re...

3 months ago - Reuters

UK's Close Brothers reserves $205 million for motor finance claims

Close Brothers has set aside up to 165 million pounds ($205 million) to cover costs related to motor finance claims, the British lender said on Wednesday, the first time it has estimated the potential...

3 months ago - Reuters

Close Brothers Names Mike Morgan as New CEO Amid Ongoing Challenges

Close Brothers Group Plc has announced the appointment of Mike Morgan as its new Chief Executive Officer, following Adrian Sainsbury’s decision to step down to focus on his health. The London-based fi...

4 months ago - CEOWORLD magazine

Nine Traders Depart London-Based Broker Winterflood Securities

A raft of equity traders have left Winterflood Securities Ltd. in recent months, adding to the list of worries for the London broker’s parent firm Close Brothers Group Plc.

4 months ago - BNN Bloomberg

UK's Close Brothers names new Group CEO

British lender Close Brothers on Tuesday named Mike Morgan as its new Group CEO and said chief executive Adrian Sainsbury was leaving the company to focus on his health after a period of medical leave...

4 months ago - Reuters

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.

6 months 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.

7 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

8 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...

8 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...

1 year 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.

1 year 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...

3 years ago - GuruFocus