Close Brothers Group (CBG) Stock Overview
A merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
CBG Community Fair Values
Create NarrativeSee what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Close Brothers Group plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£4.42 |
| 52 Week High | UK£5.64 |
| 52 Week Low | UK£3.18 |
| Beta | 1.24 |
| 1 Month Change | 1.01% |
| 3 Month Change | 6.45% |
| 1 Year Change | 22.02% |
| 3 Year Change | -53.43% |
| 5 Year Change | -71.62% |
| Change since IPO | 233.74% |
Recent News & Updates
Narrative Update • Jun 01
CBG: UBS Upgrade And Stable Margins Will Support Higher P/E
Analysts have nudged their price target on Close Brothers Group slightly higher, now implying a fair value of about £5.31 per share versus £5.29 previously. This reflects updated views on discount rates, long term revenue growth, profit margins and future P/E multiples following recent research such as the UBS upgrade.Narrative Update • Apr 26
CBG: Lower Discount Rate And Sustainable Margins Will Support Higher Earnings Multiple
Analysts have lifted their price target on Close Brothers Group, citing a slightly lower discount rate and marginally adjusted assumptions around revenue growth, profit margins and future P/E that together point to a modestly higher implied equity value in £ terms. Analyst Commentary Recent research under the banner of “Close Brothers just upgraded at UBS, here's why” gives a clearer view of what is driving the higher implied equity value and where risks still sit for Close Brothers Group.Narrative Update • Apr 12
CBG: UBS And RBC Upgrades Will Support Higher Future Earnings Multiple
Analysts have nudged their fair value estimate for Close Brothers Group to £5.29, reflecting updated assumptions on revenue growth, profit margins, discount rate and future P/E, in line with the recent upgrades from major brokers. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent upgrades align with the new £5.29 fair value estimate.Narrative Update • Mar 28
CBG: UBS And RBC Upgrades Will Support Repriced Earnings Multiple
Analysts have trimmed their price target for Close Brothers Group by about £0.06 per share. This reflects refreshed assumptions on discount rates, profit margins and future P/E multiples following recent research updates from major banks.Recent updates
Narrative Update • Jun 01
CBG: UBS Upgrade And Stable Margins Will Support Higher P/E
Analysts have nudged their price target on Close Brothers Group slightly higher, now implying a fair value of about £5.31 per share versus £5.29 previously. This reflects updated views on discount rates, long term revenue growth, profit margins and future P/E multiples following recent research such as the UBS upgrade.Narrative Update • Apr 26
CBG: Lower Discount Rate And Sustainable Margins Will Support Higher Earnings Multiple
Analysts have lifted their price target on Close Brothers Group, citing a slightly lower discount rate and marginally adjusted assumptions around revenue growth, profit margins and future P/E that together point to a modestly higher implied equity value in £ terms. Analyst Commentary Recent research under the banner of “Close Brothers just upgraded at UBS, here's why” gives a clearer view of what is driving the higher implied equity value and where risks still sit for Close Brothers Group.Narrative Update • Apr 12
CBG: UBS And RBC Upgrades Will Support Higher Future Earnings Multiple
Analysts have nudged their fair value estimate for Close Brothers Group to £5.29, reflecting updated assumptions on revenue growth, profit margins, discount rate and future P/E, in line with the recent upgrades from major brokers. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent upgrades align with the new £5.29 fair value estimate.Narrative Update • Mar 28
CBG: UBS And RBC Upgrades Will Support Repriced Earnings Multiple
Analysts have trimmed their price target for Close Brothers Group by about £0.06 per share. This reflects refreshed assumptions on discount rates, profit margins and future P/E multiples following recent research updates from major banks.Narrative Update • Mar 14
CBG: RBC Upgrade And Revised P/E Assumptions Will Support Future Share Repricing
Analysts have adjusted their price target for Close Brothers Group to £5.29. This reflects updated assumptions around the group’s discount rate and future P/E, and draws on recent research support for the stock following an upgrade at a major broker.Narrative Update • Feb 28
CBG: Refined Discount Rate And P/E Assumptions Will Shape Future Share Performance
Analysts have lifted their price target on Close Brothers Group to £5.29, with the change supported by updated assumptions around the discount rate and the future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the higher target price as reflecting updated assumptions around the discount rate, which can lift the theoretical value of future earnings without relying on new operating data.Narrative Update • Feb 14
CBG: Refined Assumptions And Mixed Street Stance Will Shape Future Share Performance
Analysts have nudged their fair value estimate for Close Brothers Group slightly higher to £5.29, reflecting updated assumptions around discount rates, profitability, and a forward P/E of about 8.43, following recent Street research that included an RBC Capital price target adjustment to £4.75. Analyst Commentary Recent Street research on Close Brothers Group has been mixed, with one key firm both adjusting its price target to £4.75 and, more recently, upgrading its stance on the shares.Narrative Update • Jan 30
CBG: Revised Discount Rate And Revenue Assumptions Will Shape Future Share Performance
Analysts have reduced their price target on Close Brothers Group to £4.75 from £5.00, citing slightly higher discount rates, more cautious revenue growth assumptions, and only modest changes to profit margin and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts have recently shifted to a more constructive stance, reflected in an upgrade that suggests they see current levels as better aligned with their long term view of the business.Narrative Update • Jan 16
CBG: Revised Revenue And Margin Assumptions Will Shape Future Share Performance
Analysts have modestly lifted their fair value estimate for Close Brothers Group to £5.26 from £4.93, citing adjusted assumptions for revenue growth, profit margins, discount rate and future P/E as key factors behind the updated price target narrative. Analyst Commentary Recent research updates on Close Brothers Group reflect a mix of optimism and caution, with price targets and fair value work moving in different directions over the past few months.Narrative Update • Aug 19
Divestment And Tech Upgrade Will Improve Capital And Efficiency, But Regulatory Challenges Lie Ahead
Close Brothers Group’s higher consensus price target reflects improved profitability, as net profit margin increased from 12.95% to 14.22%, while a modestly lower future P/E suggests enhanced value, resulting in a new fair value of £4.93. Valuation Changes Summary of Valuation Changes for Close Brothers Group The Consensus Analyst Price Target has risen from £4.63 to £4.93.
New Narrative • Feb 09
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.Analysis Article • Oct 13
Close Brothers Group (LON:CBG) Is Increasing Its Dividend To £0.45
The board of Close Brothers Group plc ( LON:CBG ) has announced that it will be paying its dividend of £0.45 on the...Analysis Article • Mar 17
Close Brothers Group (LON:CBG) Is Increasing Its Dividend To £0.225
Close Brothers Group plc ( LON:CBG ) has announced that it will be increasing its periodic dividend on the 26th of...Analysis Article • Oct 07
Close Brothers Group plc (LON:CBG) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Close Brothers Group plc ( LON:CBG ) just released its latest annual report and things are not looking great. Close...Analysis Article • Sep 30
Close Brothers Group (LON:CBG) Is Paying Out A Larger Dividend Than Last Year
Close Brothers Group plc's ( LON:CBG ) dividend will be increasing from last year's payment of the same period to £0.44...Shareholder Returns
| CBG | GB Banks | GB Market | |
|---|---|---|---|
| 7D | -3.3% | -5.4% | -1.0% |
| 1Y | 22.0% | 39.3% | 15.2% |
Return vs Industry: CBG underperformed the UK Banks industry which returned 39.3% over the past year.
Return vs Market: CBG exceeded the UK Market which returned 15.2% over the past year.
Price Volatility
| CBG volatility | |
|---|---|
| CBG Average Weekly Movement | 8.4% |
| Banks Industry Average Movement | 5.1% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in GB Market | 11.7% |
| 10% least volatile stocks in GB Market | 3.1% |
Stable Share Price: CBG's share price has been volatile over the past 3 months compared to the UK market.
Volatility Over Time: CBG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1878 | 2,600 | Mike Morgan | www.closebrothers.com |
Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through three segments: Commercial, Retail, and Property. The company offers commercial services comprises hire purchase; leasing and loans for capital assets; debt factoring; invoice discounting; asset-based lending; and other specialist financing for SMEs.
Close Brothers Group plc Fundamentals Summary
| CBG fundamental statistics | |
|---|---|
| Market cap | UK£659.10m |
| Earnings (TTM) | -UK£103.20m |
| Revenue (TTM) | UK£662.20m |
0.4x
P/B Ratio1.0x
P/S RatioIs CBG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CBG income statement (TTM) | |
|---|---|
| Revenue | UK£662.20m |
| Cost of Revenue | UK£0 |
| Gross Profit | UK£662.20m |
| Other Expenses | UK£765.40m |
| Earnings | -UK£103.20m |
Last Reported Earnings
Jan 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.69 |
| Gross Margin | 100.00% |
| Net Profit Margin | -15.58% |
| Debt/Equity Ratio | 134.0% |
How did CBG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 23:21 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2025/07/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Toni Dang | Barclays |
| Peter Richardson | Berenberg |
| Philip Middleton | BofA Global Research |