Logotype for Close Brothers Group plc

Close Brothers Group (CBG) investor relations material

Close Brothers Group H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Close Brothers Group plc
H2 2025 earnings summary30 Sep, 2025

Executive summary

  • Strengthened capital position with CET1 ratio at 13.8% (14.3% pro forma post-sale), over £400m CET1 generated or preserved since March 2024.

  • Simplified portfolio via sale of Asset Management, Winterflood, and Brewery Rentals; exited loss-making vehicle hire business.

  • Addressed legacy issues, including Novitas settlements and motor finance commission provisions; Novitas loan book reduced to nil.

  • Focused on specialist banking, targeting SME lending in the UK and Ireland.

  • Clear strategic priorities: simplify, optimize, and grow, aiming for double-digit ROTE by FY 2028.

Financial highlights

  • Adjusted operating profit of £144m, down 14% year-over-year; statutory operating loss before tax of £122m due to £267m adjusting items.

  • Banking division delivered £198m adjusted operating profit; group central functions loss increased to £54m.

  • Loan book reduced 4% to £9.5bn, mainly from moderation measures and temporary pause in UK motor lending.

  • Net interest margin strong at 7.2%, though down 20bps; bad debt ratio stable at 1%.

  • No final dividend for FY 2025; dividend reinstatement to be reviewed after motor finance clarity.

Outlook and guidance

  • At least £20m of additional annualized cost savings per year for the next three years, totaling £60m.

  • Group adjusted expenses expected at £410m-£430m by FY 2028; £440m-£460m for FY 2026.

  • Net interest margin expected to be slightly below 7% going forward.

  • Bad debt ratio expected to remain below long-term average of 1.2% in FY 2026.

  • Loan book growth targeted at 5%-10% through the cycle, though near-term growth may be lower due to SME sentiment and premium finance runoff.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Close Brothers Group earnings date

Logotype for Close Brothers Group plc
Q1 2026 TU20 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Close Brothers Group earnings date

Logotype for Close Brothers Group plc
Q1 2026 TU20 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Close Brothers Group plc is a UK-based merchant banking company that provides a variety of financial services. The company operates through five key segments: Commercial, Retail, Property, Asset Management, and Securities. It offers lending solutions such as asset-based finance, motor finance, and premium finance, alongside wealth management services including retirement planning and investment management. In addition, Close Brothers engages in securities trading through its Winterflood subsidiary, providing execution services to institutional and retail investors. The company is headquartered in London and is listed on the London Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage