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Close Brothers Group
(LSE:CBG)
Close Brothers Group (CBG) vs. iShares MSCI United Kingdom ETF (EWC)
Close Brothers Group Business Overview & Revenue Model
Close Brothers Group Financial Statement Overview
| Breakdown | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 681.30M | 1.02B | 1.32B | 1.12B | 1.14B |
| Gross Profit | 681.30M | 1.02B | 1.01B | 1.01B | 1.02B |
| EBITDA | 124.30M | 252.30M | 220.20M | 333.10M | 388.60M |
| Net Income | -77.90M | 100.40M | 81.10M | 165.20M | 202.10M |
Balance Sheet | |||||
| Total Assets | 14.07B | 14.08B | 13.55B | 12.68B | 12.03B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 1.58B | 2.21B | 1.38B | 1.44B |
| Total Debt | 2.51B | 2.36B | 2.99B | 3.03B | 2.75B |
| Total Liabilities | 12.53B | 12.24B | 11.91B | 11.02B | 10.47B |
| Stockholders Equity | 1.54B | 1.84B | 1.64B | 1.66B | 1.57B |
Cash Flow | |||||
| Free Cash Flow | 345.80M | -426.50M | 631.20M | -259.80M | 43.30M |
| Operating Cash Flow | 351.10M | -382.00M | 693.10M | -201.40M | 100.10M |
| Investing Cash Flow | 61.40M | -1.15B | -603.60M | -243.70M | -806.60M |
| Financing Cash Flow | -155.20M | 513.40M | 736.80M | 391.50M | 681.80M |
Close Brothers Group Technical Analysis
Close Brothers Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | £2.94B | 12.16 | 42.26% | 4.70% | 1.09% | 4.88% | |
80 Outperform | £891.76M | 4.51 | 15.04% | 4.65% | -10.92% | -24.05% | |
78 Outperform | £4.52B | 10.55 | 20.39% | 3.62% | 9.46% | 32.24% | |
74 Outperform | £1.77B | 5.32 | 8.74% | 6.35% | 5.77% | 81.14% | |
68 Neutral | £11.04B | 3.32 | 12.21% | 6.78% | -2.34% | 2.55% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
51 Neutral | £671.30M | -7.76 | -9.28% | ― | -15.79% | -211.91% |
Close Brothers Group Corporate Events
Close Brothers Group has updated the market on its share capital and voting rights position as at 28 February 2026, confirming it has 152,060,290 issued ordinary shares of 25p each, of which 1,515,610 are held in treasury. This leaves 150,544,680 ordinary shares carrying voting rights, a key reference figure for investors tracking or disclosing major shareholdings under U.K. transparency rules.
The company’s disclosure ensures shareholders and market participants have an accurate denominator for calculating their percentage interests in Close Brothers Group. This routine update supports compliance with regulatory reporting requirements and helps maintain transparency around ownership structure and significant holdings in the group’s equity.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc has transferred 2,563 ordinary shares from treasury to participants in its employee share plans, at transfer prices ranging between 243 pence and 371 pence per share. Following this transaction, the company holds 1,515,610 ordinary shares in treasury and has 150,544,680 ordinary shares in issue, representing a small routine adjustment to its capital structure and share-based remuneration obligations.
The move underscores the group’s ongoing use of treasury shares to satisfy employee equity awards, rather than issuing new shares into the market. This approach helps limit dilution for existing shareholders while maintaining incentives for staff, and signals continued adherence to established share plan and capital management practices.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 4,682 ordinary shares from treasury to participants in its employee share plans, at prices ranging from 243 pence to 371 pence. Following this transaction, the company now holds 1,518,173 ordinary shares in treasury and has 150,542,117 ordinary shares in issue, a routine adjustment that modestly refines its capital and ownership structure without signaling a strategic shift.
The move reflects standard administration of equity-based compensation, aligning employee interests with shareholder value through share plan participation. While the volume is small relative to total shares in issue, such transfers are part of ongoing capital management practices that can incrementally influence share liquidity and treasury stock levels over time.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has disclosed a series of small share purchases by senior executives under its Share Incentive Plan. On 5 February 2026, Group Head of Human Resources Rebekah Etherington, Group Chief Finance Officer Fiona McCarthy, Group Chief Risk Officer Robert Sack, and General Counsel and Company Secretary Sarah Peazer‑Davies each acquired ordinary shares at 506 pence on the London Stock Exchange.
The transactions, involving between 20 and 30 shares per executive, reflect routine participation in the company’s all-employee share scheme rather than a strategic shift in ownership. However, they modestly increase management’s direct equity exposure, aligning senior leaders’ interests more closely with shareholders and providing transparency on insider dealings in line with market abuse regulations.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 172 ordinary shares from treasury to participants in its employee share plans at a price of 243 pence per share. After this transaction, the company holds 1,522,855 ordinary shares in treasury and has 150,537,435 ordinary shares in issue, reflecting a minor adjustment to its share capital and ongoing use of equity-based employee incentives.
The small-scale share transfer underscores the group’s continued reliance on share-based remuneration to align staff interests with shareholders. While the change has a negligible impact on overall capital structure, it signals routine capital management and maintenance of employee incentive arrangements within the listed financial group.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has completed a cash tender offer for its £200 million 2.00% Subordinated Tier 2 Notes, originally announced on 26 January 2026. By the 2 February deadline, noteholders had tendered £191.38 million in aggregate nominal value, all of which the company has elected to purchase, subject to the satisfaction or waiver of a new issue condition, with settlement expected on 4 February 2026. Following completion, only £8.62 million of the notes will remain outstanding, effectively retiring the vast majority of this Tier 2 instrument and signalling an active approach to balance sheet and capital structure management that may have implications for the group’s regulatory capital mix and future funding profile.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 172 ordinary shares from treasury to participants in its employee share plans at a price of 243 pence per share. Following this small transaction, the group holds 1,523,027 ordinary shares in treasury and has 150,537,263 ordinary shares in issue, indicating only a marginal change in its share capital structure while continuing to support staff incentives through equity-based remuneration.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has reported that as of 30 January 2026 its total issued listed share capital stands at 152,060,290 ordinary shares, of which 1,523,199 are held in Treasury, leaving 150,537,091 ordinary shares in issue with voting rights. The updated share capital and voting rights figure is provided to assist shareholders in determining whether they are required to notify the company and regulators of any major holdings or changes in major interests under disclosure and transparency rules, underlining Close Brothers’ ongoing compliance with market reporting obligations.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc has published admission particulars for the issuance of £250 million 6.125% Subordinated Tier 2 Notes, marking a new capital markets transaction for the London-listed merchant bank. The subordinated notes, which qualify as Tier 2 capital, are expected to strengthen the group’s regulatory capital position and funding base, supporting its ability to grow its lending and other financial services operations while reinforcing balance sheet resilience for investors and other stakeholders.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 999 ordinary shares from treasury to participants in its employee share plans at a price of 371 pence per share. Following this allocation, the group now holds 1,523,199 ordinary shares in treasury and has 150,537,091 ordinary shares in issue, a routine capital management move that marginally adjusts its share capital while supporting staff incentive arrangements.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc has launched a cash tender offer for any and all of its £200 million 2.00% Subordinated Tier 2 Notes due to reset in September 2026, offering a purchase price of 99.150% of nominal value plus accrued interest. The move is part of the bank’s active capital management strategy and is being undertaken alongside a planned issue of new Tier 2 securities, with the purchase of existing notes conditional on the successful completion of the new issue; noteholders who tender may receive priority in allocation of the new notes, providing both liquidity to existing investors and supporting Close Brothers’ ongoing optimisation of its regulatory capital structure.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 1,440 ordinary shares from treasury to participants in its employee share plans at a transfer price of 371 pence per share. Following this transaction, the company now holds 1,524,198 ordinary shares in treasury and has 150,536,092 ordinary shares in issue excluding treasury stock, indicating a routine capital management and employee incentive move with minimal impact on overall share capital structure.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has disclosed that its Group Chief Executive, Michael Morgan, has carried out a “Bed and ISA” transaction involving 2,841 ordinary shares in the company. Morgan sold and immediately repurchased the same number of shares at £5.07 per share via the London Stock Exchange, moving them into an ISA with no change in his beneficial ownership, in line with regulatory requirements for reporting senior management dealings.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £539.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 4,180 ordinary shares from treasury to participants in its employee share plans, at transfer prices ranging between 243 pence and 371 pence per share. Following this transaction, the group now holds 1,525,638 ordinary shares in treasury and has 150,534,652 shares in issue excluding treasury stock, a routine adjustment that modestly affects its capital structure while supporting ongoing staff incentive arrangements.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £539.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group transferred 973 ordinary shares from treasury to participants in its employee share plans on 7 January 2026, at prices ranging between 243 pence and 371 pence per share. Following this transaction, the company now holds 1,529,818 ordinary shares in treasury and has 150,530,472 shares in issue excluding treasury shares, reflecting a routine adjustment to its capital structure linked to staff incentives rather than a material change in its overall share base.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £529.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc has disclosed that three senior executives – Group Head of Human Resources Rebekah Etherington, Group Chief Finance Officer Fiona McCarthy and Group Chief Risk Officer Robert Sack – have acquired small holdings of ordinary shares under the company’s Share Incentive Plan. The purchases, all executed on 5 January 2026 on the London Stock Exchange at 522p per share, reflect routine participation in the company’s share scheme and marginally increase management’s direct equity exposure, reinforcing alignment between key decision-makers and shareholders but without materially affecting the overall capital structure.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £529.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has confirmed that, as of 31 December 2025, its total issued listed share capital comprised 152,060,290 ordinary shares, of which 1,530,791 are held in treasury, leaving 150,529,499 ordinary shares carrying voting rights. The company stated that this voting share figure should be used by investors and other stakeholders to assess whether they are required to disclose any major holdings or changes in significant shareholdings under the UK Disclosure Guidance and Transparency Rules, providing clarity on the current capital and voting rights structure.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £529.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc has disclosed a transaction by its Group Chief Executive, Michael Morgan, involving the exercise of 5,379 nil-cost options over ordinary shares granted under the company’s 2022 DAB scheme. Following the option exercise, Morgan sold 2,538 shares at £5.17 each on the London Stock Exchange and retained 2,841 shares, a move that marginally adjusts his equity exposure and is reported in line with regulatory requirements on dealings by senior management.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £475.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group has transferred 3,486 ordinary shares from treasury to participants in its employee share plans, at prices ranging between 243 pence and 371 pence per share. Following this routine share-based remuneration transaction, the group now holds 1,530,791 ordinary shares in treasury, with 150,529,499 shares in issue, a minor adjustment that marginally affects its capital structure but does not indicate any change in strategic direction or operations for shareholders and employees.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £475.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc announced the transfer of 580 ordinary shares from treasury to participants in its employee share plans at a price of 243 pence per share. This transaction reflects the company’s ongoing commitment to its employee incentive programs, maintaining a treasury stock of 1,534,277 shares and a total of 150,526,013 shares in issue, excluding treasury shares.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £475.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Close Brothers Group plc has announced that shares were purchased under its Share Incentive Plan for key managerial personnel, including the Group Head of Human Resources, the Group Chief Finance Officer, and the Group Chief Risk Officer. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to aligning the interests of its management team with those of its shareholders, potentially enhancing stakeholder confidence in the company’s governance and operational strategies.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £475.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.