Close Brothers Group (CBG)

Sector:

Banking

Index:

FTSE 250

425.00p
   
  • Change Today:
      0.40p
  • 52 Week High: 976.50
  • 52 Week Low: 299.20
  • Currency: UK Pounds
  • Shares Issued: 150.49m
  • Volume: 498,509
  • Market Cap: £639.57m
  • RiskGrade: 146

CBG Overview

Close Brothers Group plc is a United Kingdom-based merchant banking company. The Company is engaged in providing lending, deposit-taking, wealth management services and securities trading. Its segments include Commercial, Retail, Property, Asset Management and Securities. The Commercial segment provides secured lending principally to small and medium-sized enterprises (SME), both through their direct sales force and via third party distribution channels. The Retail segment provides loans to predominantly individuals and small businesses, through a network of intermediaries. The Property segment specializes in short-term residential development finance through property finance, and also offers refurbishment and bridging loans through commercial acceptances.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 15.9% 0.0%
Div Cover 0.8 n/a
Op Mrgn 12.0% 24.9%
ROCE 5.1%  
Latest F'cast
P/E 7.7 5.4
PEG n/a 0.1
Pr/Revenue 0.7 0.7
Pr/Book 0.4  
Latest F'cast
Revenue -0.4% 2.1%
PBT -51.9% 111.6%
EPS -50.6% 42.5%
DPS 2.3% -100.0%

CBG Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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%
31-Jul-23 932.60 112.00 55.10p 16.7 n/a -51% 67.50p 7.3%

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-24 952.06 237.02 78.53p 5.4 0.1 +42% n/a 0.0%
31-Jul-25 984.51 226.00 67.01p 6.3 n/a -15% 39.51p 0.0%
31-Jul-26 1,025.71 238.64 86.80p 4.9 0.2 +30% 43.89p 0.0%

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CBG Company Announcements

Director/PDMR Shareholding 06-Jun-2024 15:00 RNS
Total Voting Rights 31-May-2024 16:00 RNS
Director/PDMR Shareholding 30-May-2024 15:00 RNS

Latest CBG Director Deals

Traded Action Notifier PriceAmountValue
05-Jun-24 Buy Adrian Sainsbury 478.00p 31 £148.18
07-May-24 Buy Adrian Sainsbury 492.00p 31 £152.52
24-Apr-24 Buy Tesula Mohindra 462.40p 500 £2,312.00

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 425.00p
Change Today 0.40p
% Change 0.09 %
52 Week High 976.50
52 Week Low 299.20
Volume 498,509
Shares Issued 150.49m
Market Cap £639.57m
RiskGrade 146

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.08% above the market average99.08% above the market average99.08% above the market average99.08% above the market average99.08% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
83.97% below the market average83.97% below the market average83.97% below the market average83.97% below the market average83.97% 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
Income
73.27% above the market average73.27% above the market average73.27% above the market average73.27% above the market average73.27% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Growth
93.57% below the market average93.57% below the market average93.57% below the market average93.57% below the market average93.57% 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 4
Sell 1
Strong Sell 0
Total 9
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 14-Jun-2024

Time Volume / Share Price
16:35 1,197 @ 425.00p
16:35 5,706 @ 425.00p
16:35 5,993 @ 425.00p
16:35 6,634 @ 425.00p
16:35 103,302 @ 425.00p

CBG Key Personnel

Chair Michael N Biggs

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