Close Brothers Group (GB:CBG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Close Brothers Group reported a strong start to its 2025 financial year, with a robust performance in its Banking division, a stable increase in its loan book, and solid net interest margins. Despite challenges faced by Winterflood due to market conditions, the group’s asset management saw growth, and it remains confident in its core business model and capital position. The company is navigating uncertainties from a Court judgment on motor finance commissions, impacting its UK motor finance operations, but has resumed most of its business activities.
For further insights into GB:CBG stock, check out TipRanks’ Stock Analysis page.
