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Close Brothers Group(CBG)

Sector:

General Financial

Index:

FTSE 250

Market Cap

£929.26m

Change Today

Price Down-10.50p

Share Price

628.00p

CBG Overview

Founded in 1878, Close Brothers is now the UK’s largest independent quoted merchant bank. The company activities include banking, corporate finance, asset management and market making.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 5.9% 7.4%
Div Cover 2.4 1.6
Op Mrgn 31.3% 26.6%
ROCE 17.4%  

Valuation

Latest F'cast
P/E 6.9 9.6
PEG 0.3 n/a
Pr/Revenue 1.6 1.8
Pr/Book 1.3  

Growth

Latest F'cast
Revenue 13.2% -13.1%
PBT 20.9% -26.1%
EPS 22.0% -27.8%
DPS 13.8% 9.9%

CBG Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jul-03 a323.34 a77.80 41.00p 17.4 1.7 +10% 26.00p 3.6%
31-Jul-04 a401.18 a101.34 57.30p 11.6 0.3 +40% 27.00p 4.0%
31-Jul-05 447.48 111.76 62.00p 12.2 1.5 +8% 28.50p 3.8%
31-Jul-06 536.27 157.31 74.10p 11.7 0.6 +20% 32.50p 3.8%
31-Jul-07 606.80 190.19 90.40p 9.0 0.4 +22% 37.00p 4.5%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

CBG Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Jul-08 527.35 140.47 65.30p 9.8 n/a -28% 40.65p 7.4%
31-Jul-09 554.37 146.07 67.33p 9.5 3.1 +3% 44.53p 8.2%

Covering analysts: KBC Peel Hunt, Landsbanki Securities, Merrill Lynch, Numis Securities, Shore Capital Stockbrokers

CBG Company Announcements

Transaction in Own Shares 24-Jul-2008 18:18 RNS
Transaction in Own Shares 22-Jul-2008 17:25 RNS
Transaction in Own Shares 17-Jul-2008 16:30 RNS

CBG ShareCast News

Close Brothers chairman Kent steps down 02-Jun-2008 ShareCast
London close: Late rally lifts Footsie 08-May-2008 ShareCast
London afternoon: Shares move sideways 08-May-2008 ShareCast

CBG Top Newspaper Links

Winterflood to appeal over record FSA fine 18-Jul-2008 The Independent
Close Brothers fears deal-makers' exodus as sala... 20-Apr-2008 Independent on Sunday
Crane firm lifts profits ahead of MBO 15-Apr-2008 The Herald

Latest CBG Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

CBG Market Data

Currency UK Pounds
Share Price 628.00p Price Down
Change Today -10.50p
52 Week High 995.00p
52 Week Low 485.75p
Volume 512,163
Shares Issued 147.97m
Market Cap £929.26m
Beta 0.99
RiskGrade 280

CBG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.72% above the market average55.72% above the market average55.72% above the market average55.72% above the market average55.72% above the market average
4.31% above the sector average4.31% above the sector average4.31% above the sector average4.31% above the sector average4.31% above the sector average
Price Trend
13.19% below the market average13.19% below the market average13.19% below the market average13.19% below the market average13.19% below the market average
2.72% above the sector average2.72% above the sector average2.72% above the sector average2.72% above the sector average2.72% above the sector average
Income
75.41% above the market average75.41% above the market average75.41% above the market average75.41% above the market average75.41% above the market average
46.81% above the sector average46.81% above the sector average46.81% above the sector average46.81% above the sector average46.81% above the sector average
Growth
9.48% above the market average9.48% above the market average9.48% above the market average9.48% above the market average9.48% above the market average
57.84% below the sector average57.84% below the sector average57.84% below the sector average57.84% below the sector average57.84% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 1
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBG Dividends

  Latest Previous
  Interim Special
Ex-Div 12-Mar-08 03-Oct-07
Paid 16-Apr-08 06-Nov-07
Amount 13.50p 25.00p

Trades for 24-Jul-2008

Time Volume / Share Price
16:35 26,080 @ 628.00p
16:29 865 @ 627.50p
16:29 180 @ 627.50p
16:29 420 @ 627.50p
16:29 338 @ 628.00p

CBG Key Personnel

CEO Colin D Keogh

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