Close Brothers Group (Close Brothers Group) Allowance For Loans And Lease Losses : $-518 Mil (As of Jan. 2024)

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What is Close Brothers Group Allowance For Loans And Lease Losses?

Close Brothers Group's Allowance For Loans And Lease Losses for the quarter that ended in Jan. 2024 was $-518 Mil.

Close Brothers Group's quarterly Allowance For Loans And Lease Losses declined from Jan. 2023 ($-480 Mil) to Jul. 2023 ($-490 Mil) and declined from Jul. 2023 ($-490 Mil) to Jan. 2024 ($-518 Mil).

Close Brothers Group's annual Allowance For Loans And Lease Losses increased from Jul. 2021 ($-387 Mil) to Jul. 2022 ($-342 Mil) but then declined from Jul. 2022 ($-342 Mil) to Jul. 2023 ($-490 Mil).

Close Brothers Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Close Brothers Group's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Close Brothers Group Allowance For Loans And Lease Losses Chart

Close Brothers Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Allowance For Loans And Lease Losses

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-129.89

-303.30

-387.29

-342.45

-490.46

Close Brothers Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-411.92	-342.45	-480.05	-490.46	-518.42

Close Brothers Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Close Brothers Group Allowance For Loans And Lease Losses Related Terms

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Close Brothers Group (Close Brothers Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (OTCPK:CBGPY) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

CBGPF:USA CBGl:UK CBG:UK CS3:Germany

Address

10 Crown Place, London, GBR, EC2A 4FT

Website

https://www.closebrothers.com

Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

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