Close Brothers Group plc CBGPY
10.65 USD -0.25 (-2.29%)
At closeNov 10, 2026, 4:00 PM EST
10.25 Day range 10.25
9.04 52-week range 14.33
- YTD
- -20.52%
- 1 year
- -3.36%
News
proactiveinvestors.com Close Brothers cost beat strengthens investment case, says Shore Capital Shore Capital has reiterated its Buy rating on Close Brothers Group PLC (LSE:CBG) after the lender beat expectations on costs, driving profits and returns ahead of forecasts. The shares jumped 13% to…
seekingalpha.com Close Brothers Group plc (CBGPY) Q4 2026 Earnings Call Transcript Close Brothers Group plc (CBGPY) Q4 2026 Earnings Call Transcript
marketbeat.com Close Brothers Group H2 Earnings Call Highlights Close Brothers Group LON: CBG reported a narrower statutory loss for fiscal 2026 as the specialist bank advanced its restructuring program, returned to underlying loan book growth and accelerated…
proactiveinvestors.com Close Brothers shares jump nearly 11% as cost savings beat target Shares in Close Brothers Group PLC (LSE:CBG), the specialist banking group, jumped nearly 11% to an intraday high of 427.8p after the company reported faster-than-expected cost savings and maintained…
reuters.com UK's Close Brothers names new chair as Biggs nears end of nine year term Close brothers on Friday said chair Mike Biggs will step down in November after completing this nine year tenure at the British specialist lender and named senior independent director…
proactiveinvestors.co.uk RBC downgrades Close Brothers and slashes price target on motor finance delay Shares in Close Brothers Group PLC (LSE:CBG) were down 5% at 418.82p after being downgraded by RBC Capital Markets, which cut its rating to 'sector perform' from 'outperform' and lowered its price…
proactiveinvestors.co.uk Shore Capital turns positive on Close Brothers as motor finance fears look overdone Shore Capital has upgraded Close Brothers Group PLC (LSE:CBG), the specialist lender and asset manager, to buy from hold, arguing that the shares now offer an attractive balance of risk and reward.…
proactiveinvestors.co.uk Close Brothers restructuring savings expected to beat guidance Close Brothers Group PLC (LSE:CBG) shares fell 1.5% to 452.9p despite the lender saying it expects cost savings and operating expenses to improve beyond previous guidance as restructuring measures…
reuters.com Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports Close Brothers have decided not to launch a legal challenge against the UK financial regulator's 9.1 billion pound($12.31 billion) compensation scheme for consumers who were allegedly mis-sold car…
proactiveinvestors.co.uk Close Brothers expects £320m hit from new FCA motor finance scheme Close Brothers Group PLC (LSE:CBG) said it expects to face costs of about £320 million from the UK motor finance redress scheme. The merchant banking group said the estimate compares with an existing…
reuters.com Britain's Close Brothers flags $430 million motor finance cost Britain's Close Brothers on Wednesday disclosed a potential 320 million pound ($429.50 million) cost related to a motor finance mis-selling scandal, broadly similar to the specialist…
proactiveinvestors.co.uk UBS upgrades Close Brothers to buy with 555p target as motor redress fears seen overdone Close Brothers Group PLC (LSE:CBG), the UK specialist lender, has been upgraded to 'buy' from 'neutral' by UBS, which argues the stock's near-40% decline year-to-date has created a compelling entry…
proactiveinvestors.co.uk Close Brothers upgraded to buy as broker calls Viceroy sell-off overdone Shore Capital sets 490p target price, implying 42% upside, as it argues short-seller's motor finance redress scenarios are materially exaggerated Shares in Close Brothers Group PLC (LSE:CBG), the…
seekingalpha.com Close Brothers Group plc (CBGPY) Q2 2026 Earnings Call Transcript Close Brothers Group plc (CBGPY) Q2 2026 Earnings Call Transcript
proactiveinvestors.co.uk Close Brothers plans job cuts after profits dented by motor finance hit Close Brothers Group PLC (LSE:CBG) reported a narrower loss in the first half of its financial year as cost discipline and improving credit quality offset the continued drag from the motor finance…
reuters.com UK's Close Brothers to cut 600 jobs by 2027 British lender Close Brothers said on Tuesday it expects to cut 600 roles by fiscal 2027 as part of its ongoing cost-reduction efforts, citing rising costs linked to the motor finance…
reuters.com Close Brothers' shares tumble after being targeted by short seller; firm counters claims Close Brothers' shares tumbled 15% on Monday after short seller Viceroy Research posted a report on its website saying it was short the British financial services firm.
proactiveinvestors.co.uk Close Brothers jumps 6% after RBC upgrades bank on cost-cutting scope Close Brothers Group PLC (LSE:CBG) shares rose 6% to 539p after RBC Capital Markets upgraded the lender to 'outperform', arguing the market is underestimating how much further costs can be cut. RBC…
proactiveinvestors.co.uk Close Brothers completes sale of Winterflood to Marex Close Brothers Group PLC (LSE:CBG) has completed the sale of Winterflood Securities to Marex after securing regulatory approval. The group said the transaction, first announced in July, closed on 1…
reuters.com Close Brothers lifts motor finance charge by about $180 million British lender Close Brothers said on Tuesday it expects to take an additional charge of about 135 million pounds ($179.86 million) in relation to the scandal, taking its total provision to about 300…
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