Company

Close Brothers Group plc

Headquarters: London, United Kingdom

Founded: 1878

Employees: 3,700

CEO: Mr. Adrian John Sainsbury

LSE: CBG +4.24%

Market Cap

£1.19 Billion

GBP as of Jan. 1, 2024

US$1.52 Billion

Market Cap History

Close Brothers Group plc market capitalization over time

Evolution of Close Brothers Group plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Close Brothers Group plc

Detailed Description

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers various savings products, including personal and business savings, and pension deposits. It also provides asset finance, asset-based lending, commercial vehicle hire, short-term bridging finance, insurance premium finance, invoice discounting and factoring, and property finance products. In addition, the company offers funding services for general aviation aircraft, and various leisure and commercial vessels; sale and rent back services for the brewing sector; broker finance services to the agriculture, construction, manufacturing, and transport industries; leasing services for the construction, manufacturing, IT equipment, and specialist assets; and loan, hire purchase, leasing, and refinancing services to the professional service sector, including dental, medical, pharmacy, and veterinary sectors. Further, it provides financial education, investment management, and financial planning and advice services; self-directed services that help investors to manage their portfolio online; and services for financial advisers. Additionally, the company offers liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors; market making, sales, research, and corporate broking services; and dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, the United Kingdom.

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Stocks & Indices

Close Brothers Group plc has the following listings and related stock indices.


Stock: LSE: CBG wb_incandescent

Stock: FSX: CS3 wb_incandescent

Stock: OTC: CBGPF wb_incandescent

Product & Services

Merchant bankingSecuritiesWealth management

Key People

Founder(s): William Brooks Close

Mike Biggs (chairman) Adrian Sainsbury (CEO) Mike Morgan (finance director)

Financials

Revenue: £952.6 million (2021)

Operating income: £265.2 million (2021)

Net income: £202.1 million (2021)

Details

Headquarters:

10 Crown Place

London, EC2A 4FT

United Kingdom

Phone: 44 33 3321 6100