Close Brothers Rejects Viceroy Report Ahead of Half-Year Results

An announcement from Close Brothers Group ( (GB:CBG) ) is now available.

Close Brothers Group has rejected criticism from short-seller Viceroy Research over its accounting for potential liabilities tied to motor finance commissions and the impact on its capital position. The lender said its provisioning approach complies with UK-adopted international accounting standards and is supported by a robust internal governance process.

The company will report half-year results to 31 January 2026 on 17 March, when it plans to update investors on financial performance, strategy and market opportunities across its three lending divisions. The statement signals management’s intent to reassure markets and stakeholders amid scrutiny of its motor finance exposure and capital strength.

The most recent analyst rating on (GB:CBG) stock is a Hold with a £407.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.

Spark’s Take on CBG Stock

According to Spark, TipRanks’ AI Analyst, CBG is a Neutral.

The score is held back primarily by weakening profitability (revenue decline and a net loss) and rising leverage, despite a notable rebound in operating/free cash flow. Technicals are supportive with a strong uptrend but appear overbought, and valuation is constrained by a negative P/E and no dividend yield data.

To see Spark’s full report on CBG stock, click here.

More about Close Brothers Group

Close Brothers Group is a UK-based specialist financial services group focused on lending, deposit taking and wealth management. Through three core lending divisions, the company provides niche banking and financing solutions, including motor finance, to retail, SME and professional customers in the UK market.

YTD Price Performance: -20.50%

Average Trading Volume: 368,452

Technical Sentiment Signal: Sell

Current Market Cap: £620M

See more data about CBG stock on TipRanks’ Stock Analysis page.