Close Brothers Group Plc

Overview

Close Brothers Group Plc (Close Brothers) is a merchant bank that offers business lending, customer financing, deposit-taking, wealth management, and securities trading solutions. Business lending solutions comprise asset-based lending; and financing for legal fees, property, professional services, broker services, invoice, aviation and marine, and leasing. The group offers customer financing for motor and insurance premium. Deposit activities include savings and treasury support. Through the Wealth Management business, Close Brothers provide retirement planning, investment management, self-directed services, and financial planning and advisory. Securities trading consist of business services, such as institutional dealing, wealth management and advisory services; securities, which offers liquidity instruments through tradable instruments including Exchanges, MTFs and Dark Pools; and investment trusts. The group has operations in the UK, Germany, and Ireland. Close Brothers is headquartered in London, the UK.
Key Stats
Address
10 Crown Place, LONDON, EC2A 4FT, United Kingdom
Headquarters

United Kingdom

Contact

44 20 76553100

No of Employees

3,700

Industry

Financial Services

Ticker Symbol & Exchange​

CBG [LON]

Revenue (2020)

$1,392 m

7% (2020 vs 2019)
Net Income (2020)

$140 m

-45.6% (2020 vs 2019)
Net Profit Margin

10 %

-49% (2020 vs 2019)
Market Cap *

$3,259 m

EPS *

$0.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Close Brothers Group PlcOSB Group PlcMetro Bank PLCSecure Trust Bank Plc
Key Information
Headquarters United Kingdom United Kingdom United Kingdom United Kingdom
Headquarter City LONDON CHATHAM LONDON SOLIHULL
Headquarter State/Province - - - -
No. of Employees 3,700 1,727 3,552 1,003
Entity Type Public Public Public Public

Products & Services

Close Brothers is a provider of merchant banking solutions. Key products and services offered by the group include the following:

Products
  • Lending and Financing Solutions:
  • Asset Based Lending
  • Asset Finance
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Services
  • Retirement Planning
  • Financial Education
  • Financial Planning and Advisory
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Adrian Sainsbury Chief Executive Officer; Director Executive Board 2020 - Mr. Adrian Sainsbury has been the Chief Executive Officer and Director of the group since 2020. Prior to this role,...
Martyn Atkinson Chief Operating Officer Senior Management 2019 - Mr. Martyn Atkinson has been the Group Chief Operating Officer of the group since 2019. Prior to this, he served...
Mike Morgan Group Finance Director; Director Executive Board 2018 - Mr. Mike Morgan has been the Group Finance director of the group since 2018. Prior to this, he served as...
Michael N. Biggs Chairman Executive Board 2017 - Mr. Michael N. Biggs has been the Chairman of the group since March 2017. He served as the Chairman at...
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History

Year Event Description
2019 Corporate Changes/Expansions In September, the Property Finance Subsidiary, Close Brothers Property Finance opened its new office in…
2019 Contracts/Agreements In August, Close Brothers partnered with Swiss entity Deposit Solutions to collect euro retail deposits…
2019 Corporate Changes/Expansions In August, the asset management arm of the group, Close Brothers Asset Management opened its…
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2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Close Asset Management Holdings Limited

Address

10 Exchange Square, Primrose Street, London EC2A 2BY
United Kingdom

Telephone

44 20 7426 4000

Website

http://www.closebrothersam.com
Novitas Loans Limited

Address

27 Barnack Business Center, Blakey Road, Salisbury
United Kingdom

Telephone

44 1722 417065

Website

www.novitasloans.co.uk
Close Leasing Ltd

Address

Olympic Court, Third Avenue, Trafford Park, Greater Manchester, Manchester
United Kingdom

Telephone

44 - 1618882811

Website

www.close-leasing.com
Close Asset Management Limited

Address

10 Exchange Square, Primrose Street, London
United States of America

Telephone

44 20 7426 4000

Website

www.closeam.com
Close Brothers Asset Management

Address

10 Exchange Square, Primrose Street, London
United Kingdom

Telephone

44 20 5884064

Website

www.closebrothersam.com
Close Motor Finance Limited

Address

Roman House, Roman Road, Doncaster
United Kingdom

Telephone

44 1302 646 464

Website

www.closemotorfinance.co.uk
Winterflood Securities Ltd

Address

The Atrium Building, Cannon Bridge, 25 Dowgate Hill, London
United Kingdom

Telephone

44 - 2031000000

Website

www.winterflood.com/
Close Asset Finance Limited

Address

11th Floor Tolworth Tower, Ewell Road, Tolworth, Surbiton,
United Kingdom

Telephone

20 8339 4949

Website

www.closeassetfinance.co.uk

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
11 Jun 2021 Close Brothers Group Raises USD282 Million in Offering of 2% Subordinated Tier 2 Fixed Rate Notes due 2031 Debt Offering Close Brothers Group Plc
26 Nov 2020 Close Brothers Group Raises USD467.61 Million in International Bonds Offering Due 2030 Debt Offering Close Brothers Group Plc
18 Mar 2019 Braemar Finance Acquires Capital Lease Solutions Acquisition Close Brothers Group Plc Capital Lease Solutions
14 Sep 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
24 Apr 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
04 May 2017 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

108

Active Jobs

77

Posted

98

Closed

Job Trends

Latest Jobs

Job title Company Country
Sales Administrator 12m FTC Close Brothers Group Plc United Kingdom
Savings Compliance Manager Close Brothers Group Plc United Kingdom
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