Close Brothers Group (CBG)

Sector:

Banking

Index:

FTSE 250

 789.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,124.00p
  • 52 Week Low: 734.00p
  • Currency: UK Pounds
  • Shares Issued: 150.48m
  • Volume: 182,914
  • Market Cap: £1,187.30m
  • RiskGrade: 146
  • Beta: 1.26

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.

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Financials

Latest F'cast
Div Yield 8.6% 0.0%
Div Cover 0.8 1.4
Op Mrgn 12.0% 30.0%
ROCE 5.1%  
Latest F'cast
P/E 14.3 8.1
PEG n/a 0.1
Pr/Revenue 1.3 1.2
Pr/Book 0.7  
Latest F'cast
Revenue -0.4% 4.3%
PBT -51.9% 160.5%
EPS -50.6% 77.2%
DPS 2.3% 2.7%

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-24 972.72 291.73 97.61p 8.1 0.1 +77% 69.33p 0.0%
31-Jul-25 1,051.35 299.90 114.92p 6.9 0.4 +18% 71.95p 0.0%
31-Jul-26 1,125.49 333.19 130.01p 6.1 0.5 +13% 74.07p 0.0%

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CBG Company Announcements

Director/PDMR Shareholding 06-Dec-2023 17:00 RNS
Transaction in Own Shares 04-Dec-2023 16:30 RNS
Total Voting Rights 30-Nov-2023 13:00 RNS

CBG ShareCast News

Close Brothers' Winterflood unit continues to st... 16-Nov-2023 ShareCast
London close: Stocks mixed on global economic ji... 26-Sep-2023 ShareCast
Full-year profits slide at Close Brothers 26-Sep-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
05-Dec-23 Buy Adrian Sainsbury 777.00p 20 £155.40
24-Nov-23 Buy Adrian Sainsbury 771.00p 34 £262.14
06-Nov-23 Buy Adrian Sainsbury 808.00p 18 £145.44

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 789.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,124.00p
52 Week Low 734.00p
Volume 182,914
Shares Issued 150.48m
Market Cap £1,187.30m
Beta 1.26
RiskGrade 146

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.09% above the market average99.09% above the market average99.09% above the market average99.09% above the market average99.09% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
49.58% below the market average49.58% below the market average49.58% below the market average49.58% below the market average49.58% 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
87.72% above the market average87.72% above the market average87.72% above the market average87.72% above the market average87.72% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
93.95% below the market average93.95% below the market average93.95% below the market average93.95% below the market average93.95% 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 0
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 08-Dec-2023

Time Volume / Share Price
16:45 879 @ 788.50p
16:36 24,505 @ 787.91p
16:35 76,160 @ 789.00p
16:35 883 @ 789.00p
16:35 300 @ 789.00p

CBG Key Personnel

Chair Michael N Biggs

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