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
Sector
Finance
Primary listing
LSE
Employees
2,600

Close Brothers Metrics

BasicAdvanced
£637M
-
-£0.35
1.24
-

What the Analysts think about Close Brothers

Analyst ratings (Buy, Hold, Sell) for Close Brothers stock.
Analyst projections of the future price of Close Brothers stock.

Bulls say / Bears say

The loan book grew 1 percent quarter-on-quarter to £9.3 billion, driven by strong performance in Motor Finance and Invoice Finance, demonstrating continued lending momentum (FTAdviser).
The group’s Common Equity Tier 1 ratio strengthened to 14.3 percent with a total capital ratio of 19.5 percent as of April 30, 2026, providing robust capital buffers to absorb redress provisions and support future growth initiatives (Reuters).
Close Brothers has accelerated its cost-savings programme and now expects to exceed its £25 million annualised savings target by the end of FY 2026 and deliver a total of £60 million by end FY 2027, enhancing operating leverage and supporting return objectives (Reuters).
Close Brothers increased its provision for motor finance commissions to £320 million, taking an extra £30 million charge in Q3 and prolonging legal and operational uncertainty that could further erode earnings and delay dividend reinstatement (Bloomberg).
In H1 2026 the group reported a statutory pre-tax loss of £65.5 million and a 19 percent decline in adjusted operating profit to £65.2 million, underscoring uneven profitability recovery and ongoing cost pressures (Reuters).
Customer deposits fell 11 percent to £7.9 billion in the six months to January 31, 2026, reducing the low-cost funding base and potentially increasing reliance on more expensive wholesale funding, which could compress net interest margins (Stockopedia).
Data summarised monthly by Lightyear AI. Last updated on 15 Aug 2026.

Close Brothers Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Close Brothers Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Close Brothers

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