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Close Brothers Group (STU:CS3) Net Income : €118 Mil (TTM As of Jul. 2024)


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What is Close Brothers Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Close Brothers Group's Net Income for the six months ended in Jul. 2024 was €37 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2024 was €118 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Close Brothers Group's Earnings per Share (Diluted) for the six months ended in Jul. 2024 was €0.25.


Close Brothers Group Net Income Historical Data

The historical data trend for Close Brothers Group's Net Income 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.

* Premium members only.

Close Brothers Group Net Income Chart

Close Brothers Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.05 236.16 194.71 94.48 119.14

Close Brothers Group Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Net Income 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 82.62 9.54 84.69 80.25 37.50

Close Brothers Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Close Brothers Group's Net Income for the fiscal year that ended in Jul. 2024 is calculated as

Net Income(A: Jul. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=168.499+-49.363+0+0
=119

Close Brothers Group's Net Income for the quarter that ended in Jul. 2024 is calculated as

Net Income(Q: Jul. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=57.195+-19.698+0+0
=37

Net Income for the trailing twelve months (TTM) ended in Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €118 Mil.

* 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.


Close Brothers Group  (STU:CS3) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Close Brothers Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Close Brothers Group Net Income Related Terms

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Close Brothers Group Business Description

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. The operating segments of the company are Commercial, Retail, Property, Asset Management, and Securities. The company derives the maximum of its income from the Commercial segment.

Close Brothers Group Headlines

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