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Close Brothers Group (OTC: CBGPY) Shares Surge on Stronger-Than-Expected Earnings
Financial Modeling Prep· 2026-10-02 06:08
Close Brothers Group pays no fiscal 2026 dividend because of uncertainty over the UK motor finance redress scheme and related legal challenges. It expects loan book growth within its 5%–10% target range in fiscal 2027. On the OTC market, Close Brothers Group's $10.36 price sits within its 52-week range of $9.04 to $14.33. Adjusted pre-tax profit reaches £120 million, above the £111 million expected, while adjusted operating expenses come in at £431 million, below the £448 million estimate. Lower costs help ...