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Close Brothers Group PLC (CBRO.L)

CBRO.L on London Stock Exchange

1,587.00GBp
4:38pm BST
Change (% chg)

2.00 (+0.13%)
Prev Close
1,585.00
Open
1,589.00
Day's High
1,589.00
Day's Low
1,560.00
Volume
239,837
Avg. Vol
251,581
52-wk High
1,682.00
52-wk Low
1,385.00

Latest Key Developments (Source: Significant Developments)

Close Brothers Reports HY Group Adj Oper. Profit Of 138.8 Mln Stg, Down 4 Pct
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Close Brothers Group PLC ::CLOSE BROS GRP PLC - HALF-YEAR REPORT.CLOSE BROTHERS GROUP PLC - HY GROUP ADJUSTED OPERATING PROFIT OF £138.8 MILLION REDUCED 4% YEAR ON YEAR.CLOSE BROTHERS GROUP PLC - HY NET INTEREST MARGIN REMAINED STRONG AT 8.1%, AND BAD DEBT RATIO REMAINED LOW AT 0.6%.CLOSE BROTHERS GROUP PLC - HY LOAN BOOK GREW BY 2.0% TO £7.4 BILLION, UP 6.3% YEAR ON YEAR.CLOSE BROTHERS GROUP PLC - HY CET1 RATIO INCREASED TO 13.0% AND WE HAVE DECLARED AN INTERIM DIVIDEND PER SHARE OF 22.0P, UP 5% YEAR ON YEAR.CLOSE BROTHERS GROUP PLC - ON A STATUTORY BASIS, HY GROUP OPERATING PROFIT BEFORE TAX DECREASED 3% TO £135.6 MILLION.CLOSE BROTHERS GROUP PLC - HY-END MANAGED ASSETS DECREASED 1% OVERALL TO £10.3 BILLION (31 JULY 2018: £10.4 BILLION).CLOSE BROTHERS - HY-END TOTAL CLIENT ASSETS, WHICH INCLUDE ADVISED ASSETS UNDER THIRD-PARTY MANAGEMENT, DOWN 2% TO £12.0 BILLION (31 JULY 2018: £12.2 BILLION).CLOSE BROTHERS GROUP PLC - BANKING DIVISION HAS CONTINUED ITS GOOD PERFORMANCE YEAR TO DATE.CLOSE BROTHERS GROUP PLC - "MARKET FACING BUSINESSES HAVE REMAINED SOLIDLY PROFITABLE IN DIFFICULT MARKET CONDITIONS".CLOSE BROTHERS - WINTERFLOOD DELIVERED PROFITABILITY IN A DIFFICULT MARKET, WITH HY OPERATING PROFIT OF £9.3 MILLION, DOWN 37% REFLECTING LOWER TRADING VOLUMES.  Full Article

Sage Group Names Former Close Brothers Finance Chief As CFO
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Sage Group PLC ::APPOINTMENT OF JONATHAN HOWELL TO ROLE OF CFO WITH EFFECT FROM 10 DECEMBER.HOWELL WAS MOST RECENTLY GROUP FINANCE DIRECTOR OF CLOSE BROTHERS GROUP.  Full Article

Elizabeth Lee To Retire As Close Brothers' Executive Director
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Close Brothers Group PLC ::SAYS ELIZABETH LEE, GROUP HEAD OF LEGAL AND REGULATORY AFFAIRS, WILL BE RETIRING AS AN EXECUTIVE DIRECTOR.SAYS WILL NOW BE CONDUCTING A FORMAL SEARCH FOR A NEW GROUP GENERAL COUNSEL.  Full Article

Close Bros Says Co Well Positioned To Continue Performing In Range Of Market Conditions
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Close Brothers Group PLC ::PRELIMINARY RESULTS FOR THE YEAR END 31 JULY 2018.SAYS GROUP REPORTED A 4 PCT INCREASE IN ADJUSTED OPERATING PROFIT TO £278.6 MILLION.PROPOSED FULL YEAR DIVIDEND PER SHARE OF 63.0P REPRESENTS GROWTH OF 5 PCT, REFLECTING OUR PROGRESSIVE DIVIDEND POLICY.FY OPERATING PROFIT BEFORE TAX 271.2 MILLION STG VERSUS 262.5 MILLION STG.FY RETURN ON OPENING EQUITY 17.0 PERCENT VERSUS 18.1 PERCENT.SAYS OVERALL, REMAIN WELL POSITIONED TO CONTINUE PERFORMING WELL IN A RANGE OF MARKET CONDITIONS.  Full Article

Close Brothers Group Appoints Mike Morgan As Group Finance Director
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Close Brothers Group PLC ::APPOINTMENT OF GROUP FINANCE DIRECTOR.APPOINTMENT OF MIKE MORGAN AS GROUP FINANCE DIRECTOR AND AN EXECUTIVE MEMBER OF BOARD OF DIRECTORS.MIKE'S APPOINTMENT IS EXPECTED TO BE EFFECTIVE AFTER ANNUAL GENERAL MEETING IN NOVEMBER 2018.JONATHAN HOWELL, CURRENT GROUP FINANCE DIRECTOR, WILL REMAIN IN HIS ROLE UNTIL ANNUAL GENERAL MEETING IN NOVEMBER.  Full Article

Close Brothers Says Finance Director ‍Jonathan Howell To Leave​ Company
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Close Brothers Group Plc ::FINANCE DIRECTOR ‍JONATHAN HOWELL HAS INFORMED BOARD OF HIS DECISION TO LEAVE COMPANY TO PURSUE NEXT STAGE OF HIS CAREER​.‍BOARD WILL NOW COMMENCE A FORMAL SEARCH FOR HIS SUCCESSOR INVOLVING BOTH INTERNAL AND EXTERNAL CANDIDATES​.  Full Article

Close Brothers- Announces Programme To Purchase Shares Worth 7.4 Million Stg
Thursday, 30 Nov 2017 

Close Brothers Group Plc ::CLOSE BROTHERS GROUP PLC - ‍PROGRAMME TO PURCHASE SHARES WITH AN AGGREGATE MARKET VALUE EQUIVALENT TO £7.4 MILLION, WILL COMMENCE ON 30 NOVEMBER 2017​.CLOSE BROTHERS GROUP PLC - PURPOSE OF SHARE PURCHASE IS TO MEET FUTURE OBLIGATIONS ARISING FROM GROUP'S ALL-EMPLOYEE SHARE OPTION SCHEMES.CLOSE BROTHERS- ANNOUNCES PROGRAMME TO PURCHASE SHARES WORTH 7.4 MILLION STG.  Full Article

British lender Close Brothers' Q1 boosted by banking unit, market maker
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Close Brothers Group Plc :QTRLY ‍LOAN BOOK INCREASED 1.4% IN PERIOD TO £7.0 BILLION (31 JULY 2017: £6.9 BILLION)​.CLOSE BROTHERS GROUP PLC - ‍HAS MADE A GOOD START TO YEAR WITH CONTINUED STRONG PROFITABILITY ACROSS ALL THREE DIVISIONS​.CLOSE BROTHERS GROUP PLC - ‍WINTERFLOOD BENEFITED IN Q1 FROM CONTINUED RETAIL INVESTOR TRADING ACTIVITY​.CLOSE BROTHERS GROUP PLC - ‍REMAIN WELL POSITIONED FOR REMAINDER OF FINANCIAL YEAR​.SAYS ‍BOTH NET INTEREST MARGIN, BAD DEBT RATIO REMAINED IN LINE WITH LAST FINANCIAL YEAR.QTRLY ‍MANAGED ASSETS INCREASING 6.5% TO £9.5 BILLION (31 JULY 2017: £8.9 BILLION)​.  Full Article

Ex-divs to take 7.5 points off FTSE 100 on March 21

LONDON, March 18 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 7.5 points off the index. RIC Name Dividend Dividend Stock Option Impact Currency (pence)