Loading…
Employees: 2,400
Size Close Brothers (CBG.L) is a United Kingdom Financials company (Regional Banks) with a market value of $791M, the 243rd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £393.40 on 6 Nov 2026.
Performance Over six months the shares fell 10.1%, against +5.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue fell 11.8% over the last twelve months (peer median +7.7%); the operating margin is 15.7% (peer median 35.4%).
Valuation It trades at 0.40× book value against a peer median of 1.16× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 8.8%; Close Brothers delivers -5.9%, so the price asks more than the business earns today.
Credit Close Brothers has 3 bonds outstanding ($1.13B), rated Baa2 by the agencies and trading like BB+ at a weighted spread of 151 bp.
Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | £1.20B | £1.19B | £1.32B | £1.34B | £1.33B |
| Revenue growth | — | -10% | -1% | 0% | — |
| Net income | -£85.7M | -£85.7M | -£100M | £89.3M | £81.1M |
| Free cash flow | £345M | £345M | £346M | £176M | £684M |
| Capital expenditure | £28.6M | £28.6M | £29.8M | £44.5M | £61.9M |
| Total debt | n/a | £2.13B | £2.51B | £2.75B | £2.99B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CBG.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.4% | +0.2% | 7th highest of 21 |
| 6-month return | -10.1% | +5.2% | 3rd lowest of 20 |
| Return on equity | -5.9% | 11.1% | lowest of 20 |
| Price / book | 0.40× | 1.16× | 3rd cheapest of 21 |
| ROE the price implies | 8.8% | 8.0% | 9th most demanding of 19 |
| ROE delivered | -5.9% | 11.1% | lowest of 20 |
| Bond spread | 151 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Close Brothers CBG.L | United Kingdom | $791M | -10% | -12% | -6% | 0.40× | 8.8% | -5.9% |
| Luzhou Bank 1983.HK | Hong Kong | $790M | -5% | +6% | 14% | 0.45× | 4.0% | 14.0% |
| South Plains Financial SPFI | United States | $800M | +4% | +10% | 13% | 1.28× | 8.4% | 12.6% |
| Independent Bank IBCP | United States | $802M | +5% | +3% | 14% | 1.39× | 10.6% | 13.5% |
| AGI AGBK | United States | $777M | -31% | n/a | n/a | 0.84× | 11.3% | n/a |
| Financial Institutions FISI | United States | $776M | +12% | +42% | 30% | 1.29× | n/a | 30.0% |
| Peapack-Gladstone Financial PGC | United States | $814M | +7% | +11% | 9% | 1.10× | 9.1% | 8.9% |
| SmartFinancial SMBK | United States | $816M | +13% | +10% | 11% | 1.40× | 10.8% | 11.1% |
| River City Bank RCBC | United States | $832M | n/a | +1% | 16% | 1.38× | 7.6% | 15.9% |
| SpareBank 1 Ringerike Hadeland RING.OL | Norway | $752M | +2% | -4% | 13% | 1.40× | 6.9% | 13.0% |
| VersaBank VBNK.TO | Canada | $752M | +27% | +14% | 6% | 1.86× | 13.6% | 6.2% |
| Thurgauer Kantonalbank TKBP.SW | Switzerland | $838M | -6% | -11% | 6% | 0.23× | n/a | 5.6% |
| Shore Bancshares SHBI | United States | $746M | +14% | +3% | 11% | 1.21× | 10.2% | 11.5% |
| HomeTrust Bancshares HTB | United States | $743M | +2% | -3% | 11% | 1.30× | 10.6% | 11.3% |
| Jinshang Bank 2558.HK | Hong Kong | $741M | -31% | -5% | 6% | 0.18× | 3.5% | 6.1% |
| Hong Leong Finance S41.SI | Singapore | $846M | -5% | -27% | 3% | 0.51× | 2.5% | 3.1% |
| Washington Trust Bancorp WASH | United States | $737M | +19% | +30% | 12% | 1.39× | 10.6% | 12.0% |
| Yamagata Bank 8344.T | Japan | $736M | +49% | +25% | 5% | 0.75× | 5.3% | 5.1% |
| Ehime Bank 8541.T | Japan | $733M | +66% | +8% | 5% | 0.80× | 5.2% | 5.1% |
| Akita Bank 8343.T | Japan | $731M | +107% | +29% | 5% | 0.61× | 5.3% | 5.0% |
| Bank of Iwate 8345.T | Japan | $857M | -6% | +24% | 5% | 0.64× | 5.7% | 5.2% |
Close Brothers has 3 bonds outstanding with $1.13B face value. The agencies rate it Baa2; its bonds trade like BB+. Weighted yield 6.21%, a spread of 151 bp over government bonds.