Close Brothers Group (CBG)

Sector:

Banking

Index:

FTSE 250

962.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 1,322.00
  • 52 Week Low: 894.00
  • Currency: UK Pounds
  • Shares Issued: 150.36m
  • Volume: 179,726
  • Market Cap: £1,446.50m
  • RiskGrade: 146

CBG Overview

A specialist financial services group which makes loans, trades securities and provides advice and investment management solutions to a wide range of clients. Close Brothers was established in 1878 & today employs over 2,500 people, principally in the UK.

1 Day Chart (30-01-2023)

1 Day Chart

6 Month Chart

6 Month Chart
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Financials

Latest F'cast
Div Yield 6.9% 0.0%
Div Cover 1.7 1.2
Op Mrgn 24.9% 29.9%
ROCE 10.5%  
Latest F'cast
P/E 8.6 8.8
PEG n/a n/a
Pr/Revenue 1.5 1.5
Pr/Book 0.9  
Latest F'cast
Revenue -1.7% 3.4%
PBT -12.2% 24.1%
EPS -20.6% -29.0%
DPS 10.0% -1.3%

CBG Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jul-18 805.80 271.20 140.20p 11.3 2.3 +5% 63.00p 4.0%
31-Jul-19 816.40 264.70 133.50p 10.0 n/a -5% 66.00p 5.0%
31-Jul-20 866.10 140.90 74.50p 14.7 n/a -44% 40.00p 3.6%
31-Jul-21 952.60 265.20 140.40p 11.0 0.1 +88% 60.00p 3.9%
31-Jul-22 936.10 232.80 111.50p 10.0 n/a -21% 66.00p 5.9%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

CBG Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jul-23 968.00 289.00 79.17p 12.2 n/a -29% 65.16p 0.0%
31-Jul-24 1,028.26 313.06 118.81p 8.1 0.2 +50% 67.97p 0.0%
31-Jul-25 1,092.88 332.27 138.99p 6.9 0.4 +17% 74.00p 0.0%

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CBG Company Announcements

Holding(s) in Company 30-Jan-2023 15:15 RNS
Director/PDMR Shareholding 30-Jan-2023 12:30 RNS
Director/PDMR Shareholding 27-Jan-2023 15:30 RNS

CBG ShareCast News

Peel Hunt downgrades Close Brothers, cites Novit... 27-Jan-2023 ShareCast
Novitas loan book still dragging on Close Brothers 20-Jan-2023 ShareCast
Canaccord Genuity hits Close Brothers with doubl... 11-Jan-2023 ShareCast

CBG Top Newspaper Links

Close Brothers in bid for Kleinwort Benson 24-Aug-2009 The Scotsman
Close Brothers bidding for Kleinwort Benson 24-Aug-2009 Sunday Times
Close Brothers steps into loans breach 23-Jun-2009 The Scotsman

Latest CBG Director Deals

Traded Action Notifier PriceAmountValue
30-Jan-23 Buy Tracey Graham 962.81p 1,000 £9,628.10
05-Jan-23 Buy Adrian Sainsbury 1,125.00p 13 £146.25
05-Dec-22 Buy Adrian Sainsbury 1,105.00p 14 £154.70

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.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

CBG Market Data

Currency UK Pounds
Share Price 962.00p
Change Today 2.50p
% Change 0.26 %
52 Week High 1,322.00
52 Week Low 894.00
Volume 179,726
Shares Issued 150.36m
Market Cap £1,446.50m
RiskGrade 146

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.76% above the market average98.76% above the market average98.76% above the market average98.76% above the market average98.76% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Price Trend
51.48% below the market average51.48% below the market average51.48% below the market average51.48% below the market average51.48% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Income
94.33% above the market average94.33% above the market average94.33% above the market average94.33% above the market average94.33% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average
Growth
53.16% below the market average53.16% below the market average53.16% below the market average53.16% below the market average53.16% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 5
Sell 2
Strong Sell 1
Total 12
neutral
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 13-Oct-22 24-Mar-22
Paid 22-Nov-22 27-Apr-22
Amount 44.00p 22.00p

Trades for 30-Jan-2023

Time Volume / Share Price
16:35 80,295 @ 962.00p
16:35 1,029 @ 962.00p
16:35 349 @ 962.00p
16:35 1,237 @ 962.00p
16:35 1,375 @ 962.00p

CBG Key Personnel

Chair Michael N Biggs

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