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Close Brothers Group (LSE:CBG) Allowance For Loans And Lease Losses : £-408 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 £-408 Mil.

Close Brothers Group's quarterly Allowance For Loans And Lease Losses increased from Jan. 2023 (£-392 Mil) to Jul. 2023 (£-381 Mil) but then declined from Jul. 2023 (£-381 Mil) to Jan. 2024 (£-408 Mil).

Close Brothers Group's annual Allowance For Loans And Lease Losses declined from Jul. 2021 (£-280 Mil) to Jul. 2022 (£-286 Mil) and declined from Jul. 2022 (£-286 Mil) to Jul. 2023 (£-381 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.30 -238.70 -280.40 -285.60 -380.60

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -304.00 -285.60 -392.20 -380.60 -408.00

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 (LSE:CBG) Business Description

Industry
Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
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 (LSE:CBG) Headlines

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