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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 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.02B | 1.32B | 1.12B | 1.14B | 748.90M |
| Gross Profit | 1.02B | 1.01B | 1.01B | 1.02B | 748.90M |
| EBITDA | 252.30M | 220.20M | 333.10M | 388.60M | 236.70M |
| Net Income | 100.40M | 81.10M | 165.20M | 202.10M | 109.50M |
Balance Sheet | |||||
| Total Assets | 14.08B | 13.55B | 12.68B | 12.03B | 11.07B |
| Cash, Cash Equivalents and Short-Term Investments | 1.58B | 2.21B | 1.38B | 1.44B | 1.46B |
| Total Debt | 2.36B | 2.99B | 3.03B | 2.75B | 2.76B |
| Total Liabilities | 12.24B | 11.91B | 11.02B | 10.47B | 9.62B |
| Stockholders Equity | 1.84B | 1.64B | 1.66B | 1.57B | 1.45B |
Cash Flow | |||||
| Free Cash Flow | -426.50M | 631.20M | -259.80M | 43.30M | 125.90M |
| Operating Cash Flow | -382.00M | 693.10M | -201.40M | 100.10M | 175.50M |
| Investing Cash Flow | -1.15B | -603.60M | -243.70M | -806.60M | -177.30M |
| Financing Cash Flow | 513.40M | 736.80M | 391.50M | 681.80M | 274.80M |
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 |
|---|---|---|---|---|---|---|---|
83 Outperform | £2.37B | 11.88 | 40.24% | 5.21% | 2.95% | 9.84% | |
79 Outperform | £2.20B | 13.71 | 8.13% | 5.33% | 2.63% | 132.46% | |
77 Outperform | £3.88B | 10.48 | 20.39% | 4.19% | 6.34% | 30.64% | |
73 Outperform | £671.26M | 10.65 | 15.14% | 4.84% | -0.07% | 34.54% | |
70 Neutral | $605.28M | 4.53 | -6.71% | ― | 3.73% | -172.06% | |
62 Neutral | AU$10.08B | 9.67 | 11.83% | 5.02% | 33.36% | 41.81% | |
58 Neutral | £110.25M | ― | -3.06% | ― | 6.38% | 17.11% |
Close Brothers Group Corporate Events
Close Brothers Group plc, a financial services company, has announced the transfer of 1,684 ordinary shares from treasury to participants in its employee share plans at a price of 371 pence per share. This transaction leaves the company with 1,569,766 ordinary shares in treasury and a total of 150,490,524 ordinary shares in issue, excluding treasury shares, reflecting its ongoing commitment to employee ownership and incentive programs.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 announced an update regarding the timing of the Supreme Court’s judgment on the ‘Hopcraft’ motor finance commissions case. The judgment, which is crucial for Close Brothers Limited, is set to be published on 1 August 2025. The outcome of this appeal could significantly impact the company’s operations, and Close Brothers will provide further announcements post-judgment as necessary.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 announced the sale of its execution services and securities business, Winterflood Securities, to Marex Group for approximately £103.9 million in cash. This strategic move aligns with Close Brothers’ priorities to simplify its portfolio and focus on core lending activities, enhancing operational efficiency and driving sustainable growth. The transaction, expected to complete in early 2026, will improve Close Brothers’ Common Equity Tier 1 capital ratio and allow Marex to expand its equity market-making business, leveraging Winterflood’s technology and client relationships.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 a transaction involving the transfer of 1,297 ordinary shares from treasury to participants in its employee share plans at a price of 371 pence per share. This transaction reflects the company’s ongoing commitment to its employee incentive programs and results in the company holding 1,571,450 ordinary shares in treasury, with a total of 150,488,840 ordinary shares in issue, excluding treasury shares.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 announced the sale of its subsidiary, Close Brewery Rentals Limited (CBRL), to MML Keystone, a fund managed by MML Capital. This strategic move aligns with Close Brothers’ priorities to simplify its portfolio and enhance operational efficiency. The sale is expected to generate a modest gain and capital benefit, without materially impacting the group’s adjusted operating profit. Despite divesting CBRL, Close Brothers will continue to focus on the beverage finance market, offering finance solutions for brewery and distillery equipment, seeing attractive growth opportunities in this sector.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 announced the sale of its subsidiary, Close Brewery Rentals Limited (CBRL), to MML Keystone, a fund managed by MML Capital. This strategic move aligns with Close Brothers’ priorities to simplify its portfolio and enhance operational efficiency. Although the sale will result in a modest gain and capital benefit, it is not expected to significantly impact the group’s Adjusted Operating Profit. Despite the divestment, Close Brothers will continue to focus on the beverage finance market, offering finance solutions for brewery and distillery equipment through Close Brothers Beverage Finance, which maintains a loan book of approximately £35 million.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 announced a strategic shift in its Premium Finance business, focusing on commercial lines insurance premium finance due to its stronger risk-adjusted returns and growth potential. This move involves reducing emphasis on personal lines insurance, which has become less attractive due to rising costs and market changes. The company plans to optimize its cost base, modernize technology, and streamline operations, aiming for a cost reduction of approximately £20 million per annum by 2030. The shift will result in withdrawing from certain broker relationships, impacting a modest portion of the business, but is expected to lead to improved profitability and returns over time.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 that shares were purchased under its Share Incentive Plan for key managerial personnel, including the Group Head of Human Resources, Group Chief Finance Officer, and Group Chief Risk Officer. This transaction, conducted on the London Stock Exchange, signifies the company’s commitment to aligning the interests of its management with shareholders, potentially impacting its operational dynamics and stakeholder confidence.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 announced a transaction involving Nazrul Kazi, the Group Head of Internal Audit, who exercised options under the 2023 Retention and Recruitment Share Plan. The transaction involved the exercise of options, a partial sale of shares to cover tax obligations, and the retention of remaining shares. This move is part of the company’s ongoing efforts to retain and recruit key personnel, potentially impacting its operational stability and strategic positioning.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 that its total issued listed share capital as of June 30, 2025, consisted of 152,060,290 ordinary shares, with 1,572,747 held in Treasury, resulting in 150,487,543 shares with voting rights. This update is crucial for shareholders to determine their major interest in the company, as per the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 a change in its major holdings due to an in-specie transfer, with Aberdeen Group plc now holding a significant portion of voting rights. This adjustment reflects an increase in the voting rights held by abrdn Holdings Limited and abrdn Investments Limited above the 5% threshold, potentially impacting the company’s governance and strategic decision-making processes.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Kopernik Global Investors, LLC, based in Tampa, USA, has adjusted its voting rights in Close Brothers Group PLC, reducing its stake from 3.04% to 2.99% as of June 20, 2025. This change in holdings may impact the company’s shareholder dynamics, though the overall effect on operations or strategic direction remains to be seen.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £620.00 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 a change in the voting rights held by Aberdeen Group plc, which has decreased from 9.87% to 8.52% as of June 6, 2025. This reduction in voting rights reflects a decrease in the shares managed by abrdn Holdings Limited and abrdn Investments Limited, falling below the 5% notifiable threshold due to trading activities. This shift might impact the company’s shareholder dynamics and influence within the market.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 a transaction involving Simon Jacobs, the Group Chief Operating Officer, who exercised options under the 2023 Retention and Recruitment Share Plan. The transaction involved the exercise of 23,303 shares, a partial sale of 10,992 shares to cover tax obligations, and the retention of 12,311 shares. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing efforts to manage executive compensation and align managerial interests with shareholder value.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £385.00 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 that several managerial personnel acquired shares under the company’s Share Incentive Plan. This transaction, involving key figures such as the Group Head of Human Resources, Group Chief Finance Officer, and Group Chief Risk Officer, reflects ongoing participation in the company’s equity plans, potentially aligning management interests with shareholder value and reinforcing confidence in the company’s future performance.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £385.00 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 its total issued listed share capital as of May 30, 2025, which includes 152,060,290 ordinary shares. Of these, 1,572,747 shares are held in Treasury, leaving 150,487,543 shares with voting rights available for shareholder calculations under the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £4.63 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 the grant of options to employees under its Sharesave Scheme 2025, which includes nine persons discharging managerial responsibilities. This move is part of the company’s ongoing efforts to align employee interests with those of shareholders, potentially enhancing employee retention and motivation. The options, granted on 29 May 2025, cover ordinary shares priced at £2.43 each, and are set for a three-year term, reflecting the company’s commitment to long-term growth and stability.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £5.60 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 transactions involving the acquisition of shares under its Share Incentive Plan by key managerial personnel. Rebekah Etherington, Fiona McCarthy, and Robert Sack, holding significant positions within the company, each acquired shares at a price of 330p per share. These transactions, conducted on the London Stock Exchange, reflect the company’s ongoing commitment to align management interests with shareholder value, potentially impacting stakeholder confidence positively.
Close Brothers Group PLC announced its total issued listed share capital as of April 30, 2025, which includes 152,060,290 ordinary shares, with 1,572,747 held in Treasury. This leaves 150,487,543 ordinary shares with voting rights, a figure shareholders can use to assess their major interest under regulatory rules.