Close Brothers stock gains 5.02 percent to EUR 4.39, market cap EUR 630.0 million
Published on 10/15/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPrice movement and company outlook
- Close Brothers stock gained 5.02 percent on October 15, 2026.
- Adjusted operating profit fell 17.00 percent to GBP 120.30 million in fiscal 2026.
- Close Brothers stock costs EUR 4.39 at Lang & Schwarz on October 15, 2026 at 9:08 p.m. CEST, 5.02 percent above the Xetra close of October 15, 2026.
- The annual general meeting is scheduled for November 19, 2026.
Close Brothers stock gained 5.02 percent against the Xetra close on October 15, 2026, with the euro quote at EUR 4.39 at Lang & Schwarz at 9:08 p.m. CEST. The price move places the focus on the stock's valuation after a difficult fiscal year.
Profit fell in fiscal 2026
Close Brothers reported adjusted operating profit of GBP 120.30 million for fiscal 2026, down 17.00 percent from GBP 144.30 million in fiscal 2025, according to FT. Adjusted operating income also fell 6.00 percent to GBP 642.90 million, while the return on average tangible equity declined to 5.50 percent from 7.10 percent.
The figures show why the market is weighing cost control against earnings pressure. Close Brothers delivered GBP 36.00 million of annualized cost savings in fiscal 2026 against a GBP 25.00 million target, while management expects savings to exceed GBP 60.00 million by the end of fiscal 2027.
Price position and analyst view
The Lang & Schwarz bid was EUR 4.22 and the ask was EUR 4.56 at 9:08 p.m. CEST on October 15, 2026. The finance quote for the Frankfurt listing placed the 52-week range at EUR 3.80 to EUR 6.20 and market capitalization at EUR 630.0 million as of October 15, 2026.
RBC Capital analyst Benjamin Toms reiterated a Hold rating and set a target of GBp 480.00 on October 1, 2026, according to Markets Insider. Close Brothers last appeared at GBp 399.00 on the investor-relations page, leaving the target 20.30 percent above that quoted level.
Comparison with peers
Close Brothers: plus 5.02 percent, P/E minus 6.51, market capitalization EUR 630.0 million
OSB Group (LSE, GBp): plus 0.45 percent, P/E 6.61, market capitalization GBP 1.7 billion
Paragon Banking Group (LSE, GBp): plus 0.71 percent, P/E 7.97, market capitalization GBP 1.3 billion
Annual meeting date
Close Brothers is scheduled to hold its annual general meeting on November 19, 2026, according to Investegate. The annual report and notice are due to be sent to shareholders on October 16, 2026.
Close Brothers stock after hours
Close Brothers stock was trading at EUR 4.39 at Lang & Schwarz on October 15, 2026 at 9:08 p.m. CEST, 5.02 percent above the Xetra close of October 15, 2026 at EUR 4.18. The London-listed stock remains below its EUR 6.20 52-week high and above its EUR 3.80 low. The further course of trading is shown by the continuously updated real-time quote of Close Brothers stock.
Close Brothers market data
- Company: Close Brothers Group plc
- ISIN: GB0007668071
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 15, 2026, 9:08 p.m. CEST): EUR 4.39
- Change versus Xetra close: plus 5.02 percent
- Xetra close (October 15, 2026): EUR 4.18
- Market capitalization: EUR 630.0 million (as of October 15, 2026)
- 52-week range: EUR 3.80-EUR 6.20 (as of October 15, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Index membership: FTSE 100
Market context: Market report FTSE 100.
