Close Brothers Group plc

LSE:CBG Stock Report

Market Cap: UK£518.6m

Close Brothers Group Management

Management criteria checks 3/4

Close Brothers Group's CEO is Mike Morgan, appointed in Jan 2025, has a tenure of less than a year. total yearly compensation is £705.00K, comprised of 81% salary and 19% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth £441.26K. The average tenure of the management team and the board of directors is 2.7 years and 4.1 years respectively.

Key information

Mike Morgan

Chief executive officer

UK£705.0k

Total compensation

CEO salary percentage80.99%
CEO tenureless than a year
CEO ownership0.09%
Management average tenure2.7yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

author-image

Divestment And Tech Upgrade Will Improve Capital And Efficiency, But Regulatory Challenges Lie Ahead

Sale of Asset Management division enhances capital and focuses on core lending, potentially driving future growth.

Close Brothers Group (LON:CBG) Is Increasing Its Dividend To £0.45

Oct 13
Close Brothers Group (LON:CBG) Is Increasing Its Dividend To £0.45

Close Brothers Group (LON:CBG) Is Increasing Its Dividend To £0.225

Mar 17
Close Brothers Group (LON:CBG) Is Increasing Its Dividend To £0.225

Close Brothers Group plc (LON:CBG) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Oct 07
Close Brothers Group plc (LON:CBG) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Close Brothers Group (LON:CBG) Is Paying Out A Larger Dividend Than Last Year

Sep 30
Close Brothers Group (LON:CBG) Is Paying Out A Larger Dividend Than Last Year

Close Brothers Group (LON:CBG) Has Announced That It Will Be Increasing Its Dividend To UK£0.22

Mar 18
Close Brothers Group (LON:CBG) Has Announced That It Will Be Increasing Its Dividend To UK£0.22

Close Brothers Group (LON:CBG) Is Paying Out A Larger Dividend Than Last Year

Oct 01
Close Brothers Group (LON:CBG) Is Paying Out A Larger Dividend Than Last Year

Why It Might Not Make Sense To Buy Close Brothers Group plc (LON:CBG) For Its Upcoming Dividend

Mar 21
Why It Might Not Make Sense To Buy Close Brothers Group plc (LON:CBG) For Its Upcoming Dividend

Should You Buy Close Brothers Group plc (LON:CBG) For Its 2.6% Dividend?

Feb 18
Should You Buy Close Brothers Group plc (LON:CBG) For Its 2.6% Dividend?

Have Insiders Been Buying Close Brothers Group plc (LON:CBG) Shares This Year?

Dec 09
Have Insiders Been Buying Close Brothers Group plc (LON:CBG) Shares This Year?

CEO Compensation Analysis

How has Mike Morgan's remuneration changed compared to Close Brothers Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jan 31 2025n/an/a

-UK£98m

Oct 31 2024n/an/a

-UK£5m

Jul 31 2024UK£705kUK£571k

UK£89m

Apr 30 2024n/an/a

UK£110m

Jan 31 2024n/an/a

UK£137m

Oct 31 2023n/an/a

UK£109m

Jul 31 2023UK£624kUK£560k

UK£81m

Apr 30 2023n/an/a

UK£80m

Jan 31 2023n/an/a

UK£79m

Oct 31 2022n/an/a

UK£122m

Jul 31 2022UK£993kUK£560k

UK£165m

Apr 30 2022n/an/a

UK£184m

Jan 31 2022n/an/a

UK£202m

Oct 31 2021n/an/a

UK£202m

Jul 31 2021UK£1mUK£400k

UK£202m

Apr 30 2021n/an/a

UK£156m

Jan 31 2021n/an/a

UK£110m

Oct 31 2020n/an/a

UK£110m

Jul 31 2020UK£1mUK£400k

UK£110m

Apr 30 2020n/an/a

UK£151m

Jan 31 2020n/an/a

UK£193m

Oct 31 2019n/an/a

UK£197m

Jul 31 2019UK£1mUK£285k

UK£201m

Compensation vs Market: Mike's total compensation ($USD951.37K) is below average for companies of similar size in the UK market ($USD1.64M).

Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.

CEO

Mike Morgan (59 yo)

less than a year
Tenure
UK£705,000
Compensation

Mr. Michael Bartlett Morgan, also known as Mike, is serving as Group Chief Executive Officer & Executive Director from January 2025 and November 15, 2018 respectively and had served as its Chief Financial...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Morgan
Group CEO & Executive Directorless than a yearUK£705.00k0.085%
£ 441.3k
Fiona McCarthy
Group Chief Finance Officerless than a yearno datano data
Simon Jacobs
Group Chief Operating Officer1.8yrsno datano data
Camila Sugimura
Deputy Head of Investor Relationsno datano datano data
Sarah Peazer-Davies
General Counsel & Company Secretary1.9yrsno datano data
Sophie A. Gillingham
Director of Investor Relations & Corporate Developmentno datano datano data
Rebekah Etherington
Group Head of Human Resources15.6yrsno data0.017%
£ 87.4k
Nigel Mottershead
Head of Credit14.5yrsno datano data
Robert Sack
Group Chief Risk Officer10.1yrsno data0.019%
£ 97.9k
Christophe Brière
Managing Directorno datano datano data
Andrew Hess
Managing Director of West End of London6.3yrsno datano data
Nazrul Kazi
Group Head of Internal Audit2.7yrsno datano data
2.7yrs
Average Tenure

Experienced Management: CBG's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Morgan
Group CEO & Executive Director6.5yrsUK£705.00k0.085%
£ 441.3k
Mark Pain
Senior Independent Director4.3yrsUK£120.00k0.0027%
£ 13.8k
Michael Biggs
Independent Chairman of the Board8.2yrsUK£330.00k0.010%
£ 51.7k
Kari Hale
Independent Non-Executive Director1.9yrsUK£105.00kno data
Tracey Graham
Independent Non-Executive Director3.2yrsUK£113.00k0.00066%
£ 3.4k
Tesula Mohindra
Independent Non-Executive Director3.8yrsUK£86.00k0.00033%
£ 1.7k
Sally Angela Williams
Independent Non-Executive Director5.3yrsUK£85.00k0.0039%
£ 20.4k
Patricia Halliday
Independent Non-Executive Director3.8yrsUK£112.00k0.00033%
£ 1.7k
4.1yrs
Average Tenure
59yo
Average Age

Experienced Board: CBG's board of directors are considered experienced (4.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 19:58
End of Day Share Price 2025/05/28 00:00
Earnings2025/01/31
Annual Earnings2024/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Close Brothers Group plc is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sarah SpikesArden Partners Plc.
Toni DangBarclays
Peter RichardsonBerenberg