Close Brothers Group (CBG)

Sector:

Banking

Index:

FTSE 250

334.40p
   
  • Change Today:
      9.00p
  • 52 Week High: 551.50p
  • 52 Week Low: 185.00p
  • Currency: UK Pounds
  • Shares Issued: 150.49m
  • Volume: 484,655
  • Market Cap: £503.23m
  • RiskGrade: 146

Close Bros lifts dividend after small rise in first-half profit

By Frank Prenesti

Date: Tuesday 15 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Wealth manager Close Brothers reported a small rise in interim profits, helped by growth in its merchant banking operation, offset by a fall in trading at its broking division.
Group operating profit increased 1% to £128.9m, reflecting 12% income growth in banking and 14% in asset management, offset by a reduction in trading income in Winterflood, where income was halved.

The company lifted its interim dividend by 22% to 22p a share.

"Looking ahead, we are mindful of the highly uncertain external environment, including the impact of increasing geopolitical tensions and rising inflation on our customers and wider financial market conditions. Nevertheless, we remain well placed to continue delivering on our long track record of profitability and disciplined growth," said chief executive Adrian Sainsbury.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CBG Market Data

Currency UK Pounds
Share Price 334.40p
Change Today 9.00p
% Change 2.77 %
52 Week High 551.50p
52 Week Low 185.00p
Volume 484,655
Shares Issued 150.49m
Market Cap £503.23m
RiskGrade 146

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.08% above the market average92.08% above the market average92.08% above the market average92.08% above the market average92.08% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average
Price Trend
21.1% below the market average21.1% below the market average21.1% below the market average21.1% below the market average21.1% below the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Income Not Available
Growth
54.89% below the market average54.89% below the market average54.89% below the market average54.89% below the market average54.89% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 6
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBG Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Oct-23 23-Mar-23
Paid 24-Nov-23 26-Apr-23
Amount 45.00p 22.50p

Trades for 09-May-2025

Time Volume / Share Price
16:35 138,172 @ 334.40p
16:35 267 @ 334.40p
16:35 412 @ 334.40p
16:35 280 @ 334.40p
16:35 3,499 @ 334.40p

CBG Key Personnel

Chair Michael N Biggs

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