View ValuationClose Brothers Group 향후 성장Future 기준 점검 3/6Close Brothers Group (는) 각각 연간 63.8% 및 3.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 65.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.9% 로 예상됩니다.핵심 정보63.8%이익 성장률65.16%EPS 성장률Banks 이익 성장8.1%매출 성장률3.7%향후 자기자본이익률8.94%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트공시 • Oct 02Close Brothers Group plc Provides Group Earnings Guidance for the Full Year Ending July 31, 2026Close Brothers Group plc provided group earnings guidance for the full year ending July 31, 2026. The company expected operating loss from Group (central functions) to be £50 million in the 2026 financial year, reflecting a reduction in legal and professional fees. In the 2026 financial year, the company expected the net interest margin to be slightly lower than 7%, reflecting loan book mix impacts.모든 업데이트 보기Recent updates공시 • Feb 19Close Brothers Group plc to Report First Half, 2026 Results on Mar 17, 2026Close Brothers Group plc announced that they will report first half, 2026 results on Mar 17, 2026공시 • Dec 02Marex Group plc (NasdaqGS:MRX) completed the acquisition of Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG).Marex Group plc (NasdaqGS:MRX) agreed to acquire Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) for approximately £100 million on July 25, 2025. Under the terms of the Transaction, the consideration payable to Close Brothers comprises cash consideration of approximately £103.9 million payable by Marex to Close Brothers on completion, based on April 30, 2025 financials, and a pound for pound adjustment for movements in the tangible net asset value of Winterflood between April 30, 2025 and completion. The acquisition is expected to enhance Marex’s existing UK cash equities business, consistent with its strategy to bring new clients and new capabilities onto its platform and diversify earnings. Winterflood Securities Ltd suffered a GBP1.7 million operating loss in financial 2024. The transaction is subject to obtaining approval from the Financial Conduct Authority(FCA) and Financial Industry Regulatory Authority(FINRA). A break fee is payable by Marex in the event that FCA approval for the transaction is not received. The transaction is expected to close in early 2026. Rahul Luthra, Sam Small, Benjamin Crystal of UBS Investment Bank acted as financial advisor for Close Brothers Group plc. Slaughter and May acted as legal advisor for Close Brothers Group plc. Marex Group plc (NasdaqGS:MRX) completed the acquisition of Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) on December 1, 2025.공시 • Oct 06Close Brothers Group plc, Annual General Meeting, Nov 20, 2025Close Brothers Group plc, Annual General Meeting, Nov 20, 2025. Location: 10 crown place, ec2a 4ft, london United Kingdom공시 • Oct 02Close Brothers Group plc Provides Group Earnings Guidance for the Full Year Ending July 31, 2026Close Brothers Group plc provided group earnings guidance for the full year ending July 31, 2026. The company expected operating loss from Group (central functions) to be £50 million in the 2026 financial year, reflecting a reduction in legal and professional fees. In the 2026 financial year, the company expected the net interest margin to be slightly lower than 7%, reflecting loan book mix impacts.공시 • Aug 30Close Brothers Group plc Appoints Fiona McCarthy as an Executive Member of the Board of Directors, Effective from 29 August 2025Close Brothers Group plc announced the appointment of Fiona McCarthy as an executive member of the Board of Directors, with effect from 29 August 2025. Following Mike Morgan's appointment to Group Chief Executive, Fiona was appointed as Chief Finance Officer of the group in January 2025 and is also a member of the Group Executive Committee. She will retain these responsibilities as part of her new role as an executive director. Fiona joined the group in 2019 as the Financial Planning and Analysis Director and has over 30 years' experience in financial services across the retail, commercial, corporate and investment banking sectors. Prior to joining Close Brothers, Fiona held a number of senior finance roles at UBS and Natwest, most recently as interim Chief Finance Officer for the global investment bank of UBS.공시 • Aug 20Close Brothers Group plc to Report Fiscal Year 2025 Results on Sep 23, 2025Close Brothers Group plc announced that they will report fiscal year 2025 results on Sep 23, 2025공시 • Jul 25Marex Group plc (NasdaqGS:MRX) agreed to acquire Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) for approximately £100 million.Marex Group plc (NasdaqGS:MRX) agreed to acquire Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) for approximately £100 million on July 25, 2025. Under the terms of the Transaction, the consideration payable to Close Brothers comprises cash consideration of approximately £103.9 million payable by Marex to Close Brothers on completion, based on April 30, 2025 financials, and a pound for pound adjustment for movements in the tangible net asset value of Winterflood between April 30, 2025 and completion. The acquisition is expected to enhance Marex’s existing UK cash equities business, consistent with its strategy to bring new clients and new capabilities onto its platform and diversify earnings. Winterflood Securities Ltd suffered a GBP1.7 million operating loss in financial 2024. The transaction is subject to obtaining approval from the Financial Conduct Authority(FCA) and Financial Industry Regulatory Authority(FINRA). A break fee is payable by Marex in the event that FCA approval for the transaction is not received. The transaction is expected to close in early 2026. Rahul Luthra, Sam Small, Benjamin Crystal of UBS Investment Bank acted as financial advisor for Close Brothers Group plc. Slaughter and May acted as legal advisor for Close Brothers Group plc.공시 • Feb 15Close Brothers Group plc to Report First Half, 2025 Results on Mar 18, 2025Close Brothers Group plc announced that they will report first half, 2025 results on Mar 18, 2025공시 • Jan 07+ 1 more updateClose Brothers Group plc Announces CEO ChangesClose Brothers Group plc announced that following a period of medical leave, Adrian Sainsbury and the Board have agreed that he will step down from his position as Group Chief Executive of the Group with effect from 6 January 2025 to focus on his health. He is recuperating well and expected to make a full recovery. Following Adrian's departure, the Board announced the appointment of Mike Morgan as Group Chief Executive on a permanent basis, subject to regulatory approval. Adrian has 11 years experience with the Group, the last four of which were as Chief Executive. During this time he has overseen a period of significant growth and development for the Group, successfully leading the organisation through a challenging period which includes Covid and heightened geopolitical uncertainty. Mike has made a strong contribution as Group Finance Director for the past five years and has been successfully performing the Chief Executive role on an interim basis over the last several months. He brings deep knowledge of the organisation and his appointment will ensure continuity in the leadership of the Group and delivery of its strategy.공시 • Dec 23+ 3 more updatesClose Brothers Group plc(LSE:CBG) dropped from FTSE 250 IndexClose Brothers Group plc(LSE:CBG) dropped from FTSE 250 IndexValuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to €3.18, the stock trades at a trailing P/E ratio of 4.3x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 78% over the past three years.공시 • Sep 26+ 1 more updateClose Brothers Group plc, Annual General Meeting, Nov 21, 2024Close Brothers Group plc, Annual General Meeting, Nov 21, 2024. Location: 10 crown place, ec2a 4ft, london United KingdomValuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €4.92, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 67% over the past three years.Reported Earnings • Sep 20Full year 2024 earnings released: EPS: UK£0.60 (vs UK£0.54 in FY 2023)Full year 2024 results: EPS: UK£0.60 (up from UK£0.54 in FY 2023). Revenue: UK£902.7m (up 12% from FY 2023). Net income: UK£89.3m (up 10% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 30% per year.공시 • Sep 16Adrian Sainsbury, Group Chief Executive Takes Temporary Medical Leave of Absence from the Business of Close Brothers Group plcClose Brothers Group plc announced that Adrian Sainsbury, Group Chief Executive, has taken a temporary medical leave of absence from the business. The group has put in place robust temporary cover arrangements to ensure continuity in the delivery of the group's strategy during this period. Mike Morgan, Group Finance Director, will assume Adrian's principal responsibilities supported by the Chairman, Mike Biggs, and members of the senior management team.공시 • Jun 26Close Brothers Group plc Announces Board Committee Changes, Effective from 1 August 2024Close Brothers Group plc ("Close Brothers") announced that Kari Hale has been appointed a member of the Nomination & Governance Committee with immediate effect and Patricia Halliday has been appointed a member of the Remuneration Committee with effect from 1 August 2024.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €4.52, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 70% over the past three years.Reported Earnings • Mar 21First half 2024 earnings released: EPS: UK£0.46 (vs UK£0.056 in 1H 2023)First half 2024 results: EPS: UK£0.46 (up from UK£0.056 in 1H 2023). Revenue: UK£469.0m (up 34% from 1H 2023). Net income: UK£68.8m (up UK£60.4m from 1H 2023). Profit margin: 15% (up from 2.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.New Risk • Mar 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€149k sold).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.38, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 73% over the past three years.New Risk • Feb 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (124% payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Significant insider selling over the past 3 months (€149k sold).공시 • Feb 16Close Brothers Group plc Announces Peter Duffy Decides to Step Down as DirectorThe Board of Close Brothers Group plc announced that Peter Duffy, Non-Executive Director, has decided to step down as a Director of the Company with effect from 15 February 2024, in order to focus on his other current commitments. Peter Duffy is a member of the Company's Risk, Remuneration, and Nomination and Governance Committees.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €4.88, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 68% over the past three years.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.61, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 43% over the past three years.공시 • Dec 05Close Brothers Group plc Appoints Phil Hooper as Chief Executive of Close Brothers' Property Finance BusinessPluto Finance's Phil Hooper will become the new chief executive of Close Brothers' Property Finance business, as Frank Pennal announces his retirement.Pennal, who has been at the helm of the lender for almost two decades, will step down in January 2024. He joined the business as a director in 1997, and was promoted to chief executive in 2005. The group's property business, which also includes Commercial Acceptances and Close Brothers Bridging Finance, was a team of five with a loan book of £40m when Pennal joined. It has since grown to more than 100 employees, is currently funding 7,100 new homes and has a UK-wide loan book of £1.7bn as at 31 July. Prior to that he spent 36 years at NatWest, holding a number of senior positions, including head of real estate finance, managing the bank’s £30bn UK real estate loan book. He has been working with Close Brothers since September to ensure a smooth handover, and will be supported in the role by Close Brothers Property Finance managing director Rowland Thomas.공시 • Nov 17+ 2 more updatesClose Brothers Group plc to Report Fiscal Year 2024 Results on Sep 24, 2024Close Brothers Group plc announced that they will report fiscal year 2024 results on Sep 24, 2024Reported Earnings • Sep 27Full year 2023 earnings released: EPS: UK£0.54 (vs UK£1.10 in FY 2022)Full year 2023 results: EPS: UK£0.54 (down from UK£1.10 in FY 2022). Revenue: UK£806.3m (down 11% from FY 2022). Net income: UK£81.1m (down 51% from FY 2022). Profit margin: 10% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Sep 26+ 1 more updateClose Brothers Group plc, Annual General Meeting, Nov 16, 2023Close Brothers Group plc, Annual General Meeting, Nov 16, 2023.공시 • Sep 21Close Brothers Group plc (LSE:CBG) signed an agreement to acquire Bluestone Motor Finance (Ireland) Designated Activity Company.Close Brothers Group plc (LSE:CBG) signed an agreement to acquire Bluestone Motor Finance (Ireland) Designated Activity Company on September 20, 2023. The transaction is all cash deal. The transaction is expected to complete in Q4 2023.공시 • Jul 24Close Brothers Group plc to Report Fiscal Year 2023 Results on Sep 26, 2023Close Brothers Group plc announced that they will report fiscal year 2023 results on Sep 26, 2023공시 • Jul 13Close Brothers Plans to Sell Wealth UnitClose Brothers Group plc (LSE:CBG) is said to be planning to sell its wealth management unit. The British merchant bank is seeking options for its wealth-management arm, including a potential sale. The sale could fetch around GBP 300 million for the firm.Buying Opportunity • Jun 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €13.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings is also forecast to grow by 33% per annum over the same time period.Buying Opportunity • May 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.9%. The fair value is estimated to be €13.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings is also forecast to grow by 34% per annum over the same time period.Buying Opportunity • Apr 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €12.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings is also forecast to grow by 34% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €10.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.72 per share.Reported Earnings • Mar 16First half 2023 earnings released: EPS: UK£0.056 (vs UK£0.64 in 1H 2022)First half 2023 results: EPS: UK£0.056 (down from UK£0.64 in 1H 2022). Revenue: UK£350.3m (down 24% from 1H 2022). Net income: UK£8.40m (down 91% from 1H 2022). Profit margin: 2.4% (down from 21% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year.Buying Opportunity • Mar 15Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 8.3%. The fair value is estimated to be €15.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.공시 • Jan 28Close Brothers Group plc Announces Board Committee ChangesClose Brothers Group plc announces that Peter Duffy and Tracey Graham have been appointed as members of the Nomination & Governance Committee with immediate effect.공시 • Jan 20Close Brothers Group plc to Report First Half, 2023 Results on Mar 14, 2023Close Brothers Group plc announced that they will report first half, 2023 results on Mar 14, 2023공시 • Nov 18+ 1 more updateClose Brothers Group plc Approves Payment of Final DividendClose Brothers Group plc at its annual general meeting held on November 17, 2022, authorise the payment of a final dividend on the ordinary shares of 44.0 pence per share.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tracey Graham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 06Upcoming dividend of UK£0.44 per shareEligible shareholders must have bought the stock before 13 October 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of German dividend payers (5.4%). In line with average of industry peers (6.7%).공시 • Oct 05Close Brothers Group plc, Annual General Meeting, Nov 17, 2022Close Brothers Group plc, Annual General Meeting, Nov 17, 2022, at 11:00 Coordinated Universal Time. Location: 10 Crown Place London United KingdomReported Earnings • Sep 28Full year 2022 earnings released: EPS: UK£1.10 (vs UK£1.35 in FY 2021)Full year 2022 results: EPS: UK£1.10 (down from UK£1.35 in FY 2021). Revenue: UK£904.7m (down 3.0% from FY 2021). Net income: UK£165.2m (down 18% from FY 2021). Profit margin: 18% (down from 22% in FY 2021). The decrease in margin was primarily driven by lower revenue. Cost-to-income ratio: 64.0% (up from 62.0% in FY 2021). Non-performing loans: 3.90% (up from 3.76% in FY 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Sep 27Close Brothers Group plc Proposes Final Dividend for the Fiscal Year 2022, Payable on 22 November 2022Close Brothers Group plc proposed final dividend of 44.0 pence per share for the fiscal year 2022. Resulting in a full-year dividend per share of 66.0 pence (2021: 60.0 pence), up 10% and marking a return to pre-pandemic dividend level. Subject to approval at the Annual General Meeting, the final dividend will be paid on 22 November 2022 to shareholders on the register at 14 October 2022.공시 • Jul 22Close Brothers Group plc to Report Fiscal Year 2022 Results on Sep 27, 2022Close Brothers Group plc announced that they will report fiscal year 2022 results on Sep 27, 2022Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tracey Graham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Mar 24CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.Recent Insider Transactions • Mar 23CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.Recent Insider Transactions • Mar 22CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.Recent Insider Transactions • Mar 21CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.Reported Earnings • Mar 17First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: EPS: UK£0.64 (up from UK£0.63 in 1H 2021). Revenue: UK£459.0m (flat on 1H 2021). Net income: UK£95.1m (flat on 1H 2021). Profit margin: 21% (in line with 1H 2021). Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 4.1%, compared to a 8.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.공시 • Mar 04Close Brothers Group plc Announces Executive ChangesClose Brothers Group plc announced that ex- Standard Life Aberdeen executive Eddy Reynolds will take over as chief executive of its asset management business next week, after boss Martin Brown announced he would step down last year. Reynolds joins Close Brothers Asset Management (CBAM) from his most recent role as managing director of Standard Life Savings, after holding a number of executive positions at the firm, and earlier working as Head of Investment at Lloyds Private Bank.Upcoming Dividend • Oct 07Upcoming dividend of UK£0.42 per shareEligible shareholders must have bought the stock before 14 October 2021. Payment date: 23 November 2021. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.0%).Reported Earnings • Sep 29Full year 2021 earnings released: EPS UK£1.35 (vs UK£0.73 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£932.3m (up 25% from FY 2020). Net income: UK£202.1m (up 85% from FY 2020). Profit margin: 22% (up from 15% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 62.0% (no change from 62.0% in FY 2020). Non-performing loans: 3.76% (down from 4.74% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Recent Insider Transactions • Mar 26Group Head of Human Resources recently sold €297k worth of stockOn the 22nd of March, Rebekah Etherington sold around 16k shares on-market at roughly €18.64 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €238k more than they bought in the last 12 months.Reported Earnings • Mar 18First half 2021 earnings released: EPS UK£0.63 (vs UK£0.63 in 1H 2020)The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: UK£455.8m (up 10% from 1H 2020). Net income: UK£94.8m (flat on 1H 2020). Profit margin: 21% (down from 23% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Mar 17Close Brothers Group plc Declares Interim Dividend, Payable on 28 April 2021Close Brothers Group plc declared interim dividend of 18.0 pence (first half 2020: £nil) reflects the group's strong performance in the first half and continued confidence in the company's business model and financial position. The interim dividend is due to be paid on 28 April 2021 to shareholders on the register at 26 March 2021.공시 • Feb 16Close Brothers Group plc Announces Board Committee Changes, Effective from 1 March 2021The Board of Directors of Close Brothers Group plc announced that, on the recommendation of the Nomination & Governance Committee following a recent review, it has approved a number of changes to the membership of its Audit and Remuneration Committees, which will take effect on 1 March 2021. Bridget Macaskill will step down as a member of the Audit Committee and Oliver Corbett will step down as a member of the Remuneration Committee. Mike Biggs, Peter Duffy and Mark Pain will join the Remuneration Committee. No changes are being made to committee chairs or to the membership of the Risk and Nomination & Governance Committees.Is New 90 Day High Low • Feb 11New 90-day high: €17.50The company is up 21% from its price of €14.46 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.21 per share.Is New 90 Day High Low • Jan 26New 90-day high: €16.40The company is up 42% from its price of €11.53 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.86 per share.공시 • Jan 22Close Brothers Group plc to Report First Half, 2021 Results on Mar 16, 2021Close Brothers Group plc announced that they will report first half, 2021 results on Mar 16, 2021공시 • Jan 01Close Brothers Group plc Announces Directorate Changes, Effective from January 1, 2021Close Brothers Group plc announced the appointment of Mark Pain as an independent non-executive director with effect from January 1, 2021. On joining the board, Mark will become a member of the board's Nomination & Governance and Risk Committees and will also become the company's Senior Independent Director. At the same time, and consistent with the company's other independent non-executive directors, he will also become a director of the company's Banking subsidiary, Close Brothers Limited. Mark takes over as the company's Senior Independent Director from Oliver Corbett, who has held the position on an interim basis since the retirement of Geoffrey Howe from the board on November 19, 2020. Oliver continues to chair the board's Audit Committee. Mark is currently a non-executive director of AXA UK plc, where he serves on the Audit, Investment, Remuneration, Nomination, and Risk Committees. He is Chairman of London Square Limited and Empiric Student Property plc.Is New 90 Day High Low • Dec 29New 90-day high: €15.88The company is up 48% from its price of €10.75 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.26 per share.공시 • Nov 13Close Brothers Appoints Frank Coffey as Sales Director in Northern IrelandClose Brothers Commercial Finance, part of Close Brothers Group plc, has appointed Frank Coffey as sales director in Northern Ireland. He has joined the Belfast office as sales director for Co Antrim. His new role will focus on business development, as Close Brothers Commercial Finance aims to grow its business-to-business customer base in the area. Frank has over 22 years of experience in finance. He started his career at Bank of Ireland and most recently held the position of relationship director at Lombard North Central, based in Belfast.Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 17% share price gain to UK£14.40, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.5x. This compares to an average P/E of 11x in the Banks industry in Europe. Total returns to shareholders over the past three years are 11%.Is New 90 Day High Low • Nov 11New 90-day high: €13.26The company is up 2.0% from its price of €12.98 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Banks industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.54 per share.Is New 90 Day High Low • Sep 28New 90-day low: €10.46The company is down 14% from its price of €12.15 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.46 per share.Reported Earnings • Sep 23Full year earnings released - EPS €0.73Over the last 12 months the company has reported total profits of UK£109.5m, down 45% from the prior year. Total revenue was UK£748.9m over the last 12 months, down 8.8% from the prior year. Profit margins were 15%, which is lower than the 24% margin from last year. The decrease in margin was primarily driven by lower revenue.공시 • Sep 22Close Brothers Group plc Announces Board ChangesClose Brothers Group plc announced that Geoffrey Howe, Independent Non-executive Director and Senior Independent Director, has notified the board that he will not seek re-election at the company's Annual General Meeting to be held in November 2020 (the "AGM"). Accordingly, Geoffrey will step down from the board at the conclusion of the AGM. The Board also announces that it has appointed Oliver Corbett, Independent Non-executive Director and Chair of the Audit Committee, to take on the additional role of Senior Independent Director on an interim basis during the period between Geoffrey stepping down from the Board at the AGM and the appointment of a permanent successor.공시 • Jul 22Close Brothers Group plc to Report Fiscal Year 2020 Results on Sep 22, 2020Close Brothers Group plc announced that they will report fiscal year 2020 results on Sep 22, 2020이익 및 매출 성장 예측DB:CS3 - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수7/31/2028705128N/AN/A67/31/202766469N/AN/A67/31/2026646-90N/AN/A61/31/2026662-103119151N/A10/31/2025672-126141172N/A7/31/2025681-149163193N/A4/30/2025640-1252659N/A1/31/2025635-102-111-76N/A10/31/2024657-9-756-716N/A7/31/202467984-1,400-1,356N/A4/30/2024764110-1,330-1,280N/A1/31/2024849137-1,259-1,205N/A10/31/2023828109-610-552N/A7/31/20238068139101N/A4/30/202380180163227N/A1/31/202379679286353N/A10/31/2022850122116178N/A7/31/2022905165-544N/A4/30/2022920184-454-400N/A1/31/2022936202-853-805N/A10/31/2021934202-770-717N/A7/31/2021932202-687-630N/A4/30/2021862156-234-178N/A1/31/2021791110218275N/A10/31/2020770110110163N/A7/31/2020749110252N/A4/30/20207861512375N/A1/31/20208241934598N/A10/31/2019823197N/A-13N/A7/31/2019822201N/A-124N/A4/30/2019818201N/A-225N/A1/31/2019814202N/A-327N/A10/31/2018809203N/A-194N/A8/1/2018804205N/A-61N/A1/31/2018789202N/A-463N/A10/31/2017774198N/A-281N/A7/31/2017760194N/A-99N/A4/30/2017734193N/A56N/A1/31/2017718195N/A212N/A10/31/2016693191N/A-128N/A7/31/2016669187N/A-468N/A4/30/2016665183N/AN/AN/A1/31/2016661179N/A-428N/A10/31/2015654177N/A-204N/A7/31/2015648175N/A20N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CS3 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: CS3 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: CS3 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: CS3 의 수익(연간 3.7%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: CS3 의 수익(연간 3.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CS3의 자본 수익률은 3년 후 8.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 01:05종가2026/05/22 00:00수익2026/01/31연간 수익2025/07/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Close Brothers Group plc는 18명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Toni DangBarclaysPeter RichardsonBerenbergPhilip MiddletonBofA Global Research15명의 분석가 더 보기
공시 • Oct 02Close Brothers Group plc Provides Group Earnings Guidance for the Full Year Ending July 31, 2026Close Brothers Group plc provided group earnings guidance for the full year ending July 31, 2026. The company expected operating loss from Group (central functions) to be £50 million in the 2026 financial year, reflecting a reduction in legal and professional fees. In the 2026 financial year, the company expected the net interest margin to be slightly lower than 7%, reflecting loan book mix impacts.
공시 • Feb 19Close Brothers Group plc to Report First Half, 2026 Results on Mar 17, 2026Close Brothers Group plc announced that they will report first half, 2026 results on Mar 17, 2026
공시 • Dec 02Marex Group plc (NasdaqGS:MRX) completed the acquisition of Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG).Marex Group plc (NasdaqGS:MRX) agreed to acquire Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) for approximately £100 million on July 25, 2025. Under the terms of the Transaction, the consideration payable to Close Brothers comprises cash consideration of approximately £103.9 million payable by Marex to Close Brothers on completion, based on April 30, 2025 financials, and a pound for pound adjustment for movements in the tangible net asset value of Winterflood between April 30, 2025 and completion. The acquisition is expected to enhance Marex’s existing UK cash equities business, consistent with its strategy to bring new clients and new capabilities onto its platform and diversify earnings. Winterflood Securities Ltd suffered a GBP1.7 million operating loss in financial 2024. The transaction is subject to obtaining approval from the Financial Conduct Authority(FCA) and Financial Industry Regulatory Authority(FINRA). A break fee is payable by Marex in the event that FCA approval for the transaction is not received. The transaction is expected to close in early 2026. Rahul Luthra, Sam Small, Benjamin Crystal of UBS Investment Bank acted as financial advisor for Close Brothers Group plc. Slaughter and May acted as legal advisor for Close Brothers Group plc. Marex Group plc (NasdaqGS:MRX) completed the acquisition of Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) on December 1, 2025.
공시 • Oct 06Close Brothers Group plc, Annual General Meeting, Nov 20, 2025Close Brothers Group plc, Annual General Meeting, Nov 20, 2025. Location: 10 crown place, ec2a 4ft, london United Kingdom
공시 • Oct 02Close Brothers Group plc Provides Group Earnings Guidance for the Full Year Ending July 31, 2026Close Brothers Group plc provided group earnings guidance for the full year ending July 31, 2026. The company expected operating loss from Group (central functions) to be £50 million in the 2026 financial year, reflecting a reduction in legal and professional fees. In the 2026 financial year, the company expected the net interest margin to be slightly lower than 7%, reflecting loan book mix impacts.
공시 • Aug 30Close Brothers Group plc Appoints Fiona McCarthy as an Executive Member of the Board of Directors, Effective from 29 August 2025Close Brothers Group plc announced the appointment of Fiona McCarthy as an executive member of the Board of Directors, with effect from 29 August 2025. Following Mike Morgan's appointment to Group Chief Executive, Fiona was appointed as Chief Finance Officer of the group in January 2025 and is also a member of the Group Executive Committee. She will retain these responsibilities as part of her new role as an executive director. Fiona joined the group in 2019 as the Financial Planning and Analysis Director and has over 30 years' experience in financial services across the retail, commercial, corporate and investment banking sectors. Prior to joining Close Brothers, Fiona held a number of senior finance roles at UBS and Natwest, most recently as interim Chief Finance Officer for the global investment bank of UBS.
공시 • Aug 20Close Brothers Group plc to Report Fiscal Year 2025 Results on Sep 23, 2025Close Brothers Group plc announced that they will report fiscal year 2025 results on Sep 23, 2025
공시 • Jul 25Marex Group plc (NasdaqGS:MRX) agreed to acquire Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) for approximately £100 million.Marex Group plc (NasdaqGS:MRX) agreed to acquire Winterflood Securities Ltd. from Close Brothers Group plc (LSE:CBG) for approximately £100 million on July 25, 2025. Under the terms of the Transaction, the consideration payable to Close Brothers comprises cash consideration of approximately £103.9 million payable by Marex to Close Brothers on completion, based on April 30, 2025 financials, and a pound for pound adjustment for movements in the tangible net asset value of Winterflood between April 30, 2025 and completion. The acquisition is expected to enhance Marex’s existing UK cash equities business, consistent with its strategy to bring new clients and new capabilities onto its platform and diversify earnings. Winterflood Securities Ltd suffered a GBP1.7 million operating loss in financial 2024. The transaction is subject to obtaining approval from the Financial Conduct Authority(FCA) and Financial Industry Regulatory Authority(FINRA). A break fee is payable by Marex in the event that FCA approval for the transaction is not received. The transaction is expected to close in early 2026. Rahul Luthra, Sam Small, Benjamin Crystal of UBS Investment Bank acted as financial advisor for Close Brothers Group plc. Slaughter and May acted as legal advisor for Close Brothers Group plc.
공시 • Feb 15Close Brothers Group plc to Report First Half, 2025 Results on Mar 18, 2025Close Brothers Group plc announced that they will report first half, 2025 results on Mar 18, 2025
공시 • Jan 07+ 1 more updateClose Brothers Group plc Announces CEO ChangesClose Brothers Group plc announced that following a period of medical leave, Adrian Sainsbury and the Board have agreed that he will step down from his position as Group Chief Executive of the Group with effect from 6 January 2025 to focus on his health. He is recuperating well and expected to make a full recovery. Following Adrian's departure, the Board announced the appointment of Mike Morgan as Group Chief Executive on a permanent basis, subject to regulatory approval. Adrian has 11 years experience with the Group, the last four of which were as Chief Executive. During this time he has overseen a period of significant growth and development for the Group, successfully leading the organisation through a challenging period which includes Covid and heightened geopolitical uncertainty. Mike has made a strong contribution as Group Finance Director for the past five years and has been successfully performing the Chief Executive role on an interim basis over the last several months. He brings deep knowledge of the organisation and his appointment will ensure continuity in the leadership of the Group and delivery of its strategy.
공시 • Dec 23+ 3 more updatesClose Brothers Group plc(LSE:CBG) dropped from FTSE 250 IndexClose Brothers Group plc(LSE:CBG) dropped from FTSE 250 Index
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to €3.18, the stock trades at a trailing P/E ratio of 4.3x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 78% over the past three years.
공시 • Sep 26+ 1 more updateClose Brothers Group plc, Annual General Meeting, Nov 21, 2024Close Brothers Group plc, Annual General Meeting, Nov 21, 2024. Location: 10 crown place, ec2a 4ft, london United Kingdom
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €4.92, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 67% over the past three years.
Reported Earnings • Sep 20Full year 2024 earnings released: EPS: UK£0.60 (vs UK£0.54 in FY 2023)Full year 2024 results: EPS: UK£0.60 (up from UK£0.54 in FY 2023). Revenue: UK£902.7m (up 12% from FY 2023). Net income: UK£89.3m (up 10% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 30% per year.
공시 • Sep 16Adrian Sainsbury, Group Chief Executive Takes Temporary Medical Leave of Absence from the Business of Close Brothers Group plcClose Brothers Group plc announced that Adrian Sainsbury, Group Chief Executive, has taken a temporary medical leave of absence from the business. The group has put in place robust temporary cover arrangements to ensure continuity in the delivery of the group's strategy during this period. Mike Morgan, Group Finance Director, will assume Adrian's principal responsibilities supported by the Chairman, Mike Biggs, and members of the senior management team.
공시 • Jun 26Close Brothers Group plc Announces Board Committee Changes, Effective from 1 August 2024Close Brothers Group plc ("Close Brothers") announced that Kari Hale has been appointed a member of the Nomination & Governance Committee with immediate effect and Patricia Halliday has been appointed a member of the Remuneration Committee with effect from 1 August 2024.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €4.52, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 70% over the past three years.
Reported Earnings • Mar 21First half 2024 earnings released: EPS: UK£0.46 (vs UK£0.056 in 1H 2023)First half 2024 results: EPS: UK£0.46 (up from UK£0.056 in 1H 2023). Revenue: UK£469.0m (up 34% from 1H 2023). Net income: UK£68.8m (up UK£60.4m from 1H 2023). Profit margin: 15% (up from 2.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.
New Risk • Mar 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€149k sold).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.38, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 73% over the past three years.
New Risk • Feb 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (124% payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Significant insider selling over the past 3 months (€149k sold).
공시 • Feb 16Close Brothers Group plc Announces Peter Duffy Decides to Step Down as DirectorThe Board of Close Brothers Group plc announced that Peter Duffy, Non-Executive Director, has decided to step down as a Director of the Company with effect from 15 February 2024, in order to focus on his other current commitments. Peter Duffy is a member of the Company's Risk, Remuneration, and Nomination and Governance Committees.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €4.88, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 68% over the past three years.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.61, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 43% over the past three years.
공시 • Dec 05Close Brothers Group plc Appoints Phil Hooper as Chief Executive of Close Brothers' Property Finance BusinessPluto Finance's Phil Hooper will become the new chief executive of Close Brothers' Property Finance business, as Frank Pennal announces his retirement.Pennal, who has been at the helm of the lender for almost two decades, will step down in January 2024. He joined the business as a director in 1997, and was promoted to chief executive in 2005. The group's property business, which also includes Commercial Acceptances and Close Brothers Bridging Finance, was a team of five with a loan book of £40m when Pennal joined. It has since grown to more than 100 employees, is currently funding 7,100 new homes and has a UK-wide loan book of £1.7bn as at 31 July. Prior to that he spent 36 years at NatWest, holding a number of senior positions, including head of real estate finance, managing the bank’s £30bn UK real estate loan book. He has been working with Close Brothers since September to ensure a smooth handover, and will be supported in the role by Close Brothers Property Finance managing director Rowland Thomas.
공시 • Nov 17+ 2 more updatesClose Brothers Group plc to Report Fiscal Year 2024 Results on Sep 24, 2024Close Brothers Group plc announced that they will report fiscal year 2024 results on Sep 24, 2024
Reported Earnings • Sep 27Full year 2023 earnings released: EPS: UK£0.54 (vs UK£1.10 in FY 2022)Full year 2023 results: EPS: UK£0.54 (down from UK£1.10 in FY 2022). Revenue: UK£806.3m (down 11% from FY 2022). Net income: UK£81.1m (down 51% from FY 2022). Profit margin: 10% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Sep 26+ 1 more updateClose Brothers Group plc, Annual General Meeting, Nov 16, 2023Close Brothers Group plc, Annual General Meeting, Nov 16, 2023.
공시 • Sep 21Close Brothers Group plc (LSE:CBG) signed an agreement to acquire Bluestone Motor Finance (Ireland) Designated Activity Company.Close Brothers Group plc (LSE:CBG) signed an agreement to acquire Bluestone Motor Finance (Ireland) Designated Activity Company on September 20, 2023. The transaction is all cash deal. The transaction is expected to complete in Q4 2023.
공시 • Jul 24Close Brothers Group plc to Report Fiscal Year 2023 Results on Sep 26, 2023Close Brothers Group plc announced that they will report fiscal year 2023 results on Sep 26, 2023
공시 • Jul 13Close Brothers Plans to Sell Wealth UnitClose Brothers Group plc (LSE:CBG) is said to be planning to sell its wealth management unit. The British merchant bank is seeking options for its wealth-management arm, including a potential sale. The sale could fetch around GBP 300 million for the firm.
Buying Opportunity • Jun 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €13.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings is also forecast to grow by 33% per annum over the same time period.
Buying Opportunity • May 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.9%. The fair value is estimated to be €13.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings is also forecast to grow by 34% per annum over the same time period.
Buying Opportunity • Apr 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €12.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings is also forecast to grow by 34% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €10.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.72 per share.
Reported Earnings • Mar 16First half 2023 earnings released: EPS: UK£0.056 (vs UK£0.64 in 1H 2022)First half 2023 results: EPS: UK£0.056 (down from UK£0.64 in 1H 2022). Revenue: UK£350.3m (down 24% from 1H 2022). Net income: UK£8.40m (down 91% from 1H 2022). Profit margin: 2.4% (down from 21% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year.
Buying Opportunity • Mar 15Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 8.3%. The fair value is estimated to be €15.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
공시 • Jan 28Close Brothers Group plc Announces Board Committee ChangesClose Brothers Group plc announces that Peter Duffy and Tracey Graham have been appointed as members of the Nomination & Governance Committee with immediate effect.
공시 • Jan 20Close Brothers Group plc to Report First Half, 2023 Results on Mar 14, 2023Close Brothers Group plc announced that they will report first half, 2023 results on Mar 14, 2023
공시 • Nov 18+ 1 more updateClose Brothers Group plc Approves Payment of Final DividendClose Brothers Group plc at its annual general meeting held on November 17, 2022, authorise the payment of a final dividend on the ordinary shares of 44.0 pence per share.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tracey Graham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 06Upcoming dividend of UK£0.44 per shareEligible shareholders must have bought the stock before 13 October 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of German dividend payers (5.4%). In line with average of industry peers (6.7%).
공시 • Oct 05Close Brothers Group plc, Annual General Meeting, Nov 17, 2022Close Brothers Group plc, Annual General Meeting, Nov 17, 2022, at 11:00 Coordinated Universal Time. Location: 10 Crown Place London United Kingdom
Reported Earnings • Sep 28Full year 2022 earnings released: EPS: UK£1.10 (vs UK£1.35 in FY 2021)Full year 2022 results: EPS: UK£1.10 (down from UK£1.35 in FY 2021). Revenue: UK£904.7m (down 3.0% from FY 2021). Net income: UK£165.2m (down 18% from FY 2021). Profit margin: 18% (down from 22% in FY 2021). The decrease in margin was primarily driven by lower revenue. Cost-to-income ratio: 64.0% (up from 62.0% in FY 2021). Non-performing loans: 3.90% (up from 3.76% in FY 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Sep 27Close Brothers Group plc Proposes Final Dividend for the Fiscal Year 2022, Payable on 22 November 2022Close Brothers Group plc proposed final dividend of 44.0 pence per share for the fiscal year 2022. Resulting in a full-year dividend per share of 66.0 pence (2021: 60.0 pence), up 10% and marking a return to pre-pandemic dividend level. Subject to approval at the Annual General Meeting, the final dividend will be paid on 22 November 2022 to shareholders on the register at 14 October 2022.
공시 • Jul 22Close Brothers Group plc to Report Fiscal Year 2022 Results on Sep 27, 2022Close Brothers Group plc announced that they will report fiscal year 2022 results on Sep 27, 2022
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Tracey Graham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Mar 24CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.
Recent Insider Transactions • Mar 23CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.
Recent Insider Transactions • Mar 22CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.
Recent Insider Transactions • Mar 21CEO & Executive Director recently bought €47k worth of stockOn the 17th of March, Adrian Sainsbury bought around 3k shares on-market at roughly €13.82 per share. This was the largest purchase by an insider in the last 3 months. This was Adrian's only on-market trade for the last 12 months.
Reported Earnings • Mar 17First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: EPS: UK£0.64 (up from UK£0.63 in 1H 2021). Revenue: UK£459.0m (flat on 1H 2021). Net income: UK£95.1m (flat on 1H 2021). Profit margin: 21% (in line with 1H 2021). Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 4.1%, compared to a 8.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.
공시 • Mar 04Close Brothers Group plc Announces Executive ChangesClose Brothers Group plc announced that ex- Standard Life Aberdeen executive Eddy Reynolds will take over as chief executive of its asset management business next week, after boss Martin Brown announced he would step down last year. Reynolds joins Close Brothers Asset Management (CBAM) from his most recent role as managing director of Standard Life Savings, after holding a number of executive positions at the firm, and earlier working as Head of Investment at Lloyds Private Bank.
Upcoming Dividend • Oct 07Upcoming dividend of UK£0.42 per shareEligible shareholders must have bought the stock before 14 October 2021. Payment date: 23 November 2021. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.0%).
Reported Earnings • Sep 29Full year 2021 earnings released: EPS UK£1.35 (vs UK£0.73 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£932.3m (up 25% from FY 2020). Net income: UK£202.1m (up 85% from FY 2020). Profit margin: 22% (up from 15% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 62.0% (no change from 62.0% in FY 2020). Non-performing loans: 3.76% (down from 4.74% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Mar 26Group Head of Human Resources recently sold €297k worth of stockOn the 22nd of March, Rebekah Etherington sold around 16k shares on-market at roughly €18.64 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €238k more than they bought in the last 12 months.
Reported Earnings • Mar 18First half 2021 earnings released: EPS UK£0.63 (vs UK£0.63 in 1H 2020)The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: UK£455.8m (up 10% from 1H 2020). Net income: UK£94.8m (flat on 1H 2020). Profit margin: 21% (down from 23% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Mar 17Close Brothers Group plc Declares Interim Dividend, Payable on 28 April 2021Close Brothers Group plc declared interim dividend of 18.0 pence (first half 2020: £nil) reflects the group's strong performance in the first half and continued confidence in the company's business model and financial position. The interim dividend is due to be paid on 28 April 2021 to shareholders on the register at 26 March 2021.
공시 • Feb 16Close Brothers Group plc Announces Board Committee Changes, Effective from 1 March 2021The Board of Directors of Close Brothers Group plc announced that, on the recommendation of the Nomination & Governance Committee following a recent review, it has approved a number of changes to the membership of its Audit and Remuneration Committees, which will take effect on 1 March 2021. Bridget Macaskill will step down as a member of the Audit Committee and Oliver Corbett will step down as a member of the Remuneration Committee. Mike Biggs, Peter Duffy and Mark Pain will join the Remuneration Committee. No changes are being made to committee chairs or to the membership of the Risk and Nomination & Governance Committees.
Is New 90 Day High Low • Feb 11New 90-day high: €17.50The company is up 21% from its price of €14.46 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.21 per share.
Is New 90 Day High Low • Jan 26New 90-day high: €16.40The company is up 42% from its price of €11.53 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.86 per share.
공시 • Jan 22Close Brothers Group plc to Report First Half, 2021 Results on Mar 16, 2021Close Brothers Group plc announced that they will report first half, 2021 results on Mar 16, 2021
공시 • Jan 01Close Brothers Group plc Announces Directorate Changes, Effective from January 1, 2021Close Brothers Group plc announced the appointment of Mark Pain as an independent non-executive director with effect from January 1, 2021. On joining the board, Mark will become a member of the board's Nomination & Governance and Risk Committees and will also become the company's Senior Independent Director. At the same time, and consistent with the company's other independent non-executive directors, he will also become a director of the company's Banking subsidiary, Close Brothers Limited. Mark takes over as the company's Senior Independent Director from Oliver Corbett, who has held the position on an interim basis since the retirement of Geoffrey Howe from the board on November 19, 2020. Oliver continues to chair the board's Audit Committee. Mark is currently a non-executive director of AXA UK plc, where he serves on the Audit, Investment, Remuneration, Nomination, and Risk Committees. He is Chairman of London Square Limited and Empiric Student Property plc.
Is New 90 Day High Low • Dec 29New 90-day high: €15.88The company is up 48% from its price of €10.75 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.26 per share.
공시 • Nov 13Close Brothers Appoints Frank Coffey as Sales Director in Northern IrelandClose Brothers Commercial Finance, part of Close Brothers Group plc, has appointed Frank Coffey as sales director in Northern Ireland. He has joined the Belfast office as sales director for Co Antrim. His new role will focus on business development, as Close Brothers Commercial Finance aims to grow its business-to-business customer base in the area. Frank has over 22 years of experience in finance. He started his career at Bank of Ireland and most recently held the position of relationship director at Lombard North Central, based in Belfast.
Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 17% share price gain to UK£14.40, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.5x. This compares to an average P/E of 11x in the Banks industry in Europe. Total returns to shareholders over the past three years are 11%.
Is New 90 Day High Low • Nov 11New 90-day high: €13.26The company is up 2.0% from its price of €12.98 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Banks industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.54 per share.
Is New 90 Day High Low • Sep 28New 90-day low: €10.46The company is down 14% from its price of €12.15 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.46 per share.
Reported Earnings • Sep 23Full year earnings released - EPS €0.73Over the last 12 months the company has reported total profits of UK£109.5m, down 45% from the prior year. Total revenue was UK£748.9m over the last 12 months, down 8.8% from the prior year. Profit margins were 15%, which is lower than the 24% margin from last year. The decrease in margin was primarily driven by lower revenue.
공시 • Sep 22Close Brothers Group plc Announces Board ChangesClose Brothers Group plc announced that Geoffrey Howe, Independent Non-executive Director and Senior Independent Director, has notified the board that he will not seek re-election at the company's Annual General Meeting to be held in November 2020 (the "AGM"). Accordingly, Geoffrey will step down from the board at the conclusion of the AGM. The Board also announces that it has appointed Oliver Corbett, Independent Non-executive Director and Chair of the Audit Committee, to take on the additional role of Senior Independent Director on an interim basis during the period between Geoffrey stepping down from the Board at the AGM and the appointment of a permanent successor.
공시 • Jul 22Close Brothers Group plc to Report Fiscal Year 2020 Results on Sep 22, 2020Close Brothers Group plc announced that they will report fiscal year 2020 results on Sep 22, 2020