Company summary
Close Brothers Group is a specialist financial-services business focused on lending to small businesses and individuals. Its banking activities include asset finance, property finance, motor finance and premium finance.
← Back to the 350
CBG
Close Brothers Group
Financial Services
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Specialist business lending, asset finance, property-development finance, motor finance, insurance premium finance, deposits and related banking services.
Key markets
Primarily the United Kingdom and Ireland, serving SMEs, property developers, motor dealers and consumers through specialist lending niches.
Key drivers
Loan-book growth, net interest margins, credit quality, funding costs, capital strength, demand from SMEs and consumers, resolution of motor-finance liabilities and successful restructuring of the group.
Key risks
Motor-finance redress costs, regulatory intervention, credit losses, recession, falling collateral values, funding costs, capital pressure and reputational damage.
Recent Developments
8 April 2026: Close Brothers increased its expected motor-finance redress provision to about £294m, with further related costs anticipated. The group has also been reducing costs and simplifying after completing the sale of Winterflood in December 2025.
Dividend notes
Dividends remain suspended while Close Brothers manages the financial impact of motor-finance redress and protects capital. No 2026 ordinary dividend or ex-dividend date had been announced by August.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.