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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Close Brothers Group's retained earnings for the quarter that ended in Jan. 2026 was £1,457.2 Mil.
Close Brothers Group's quarterly retained earnings
increased
from Jan. 2025 (£1,510.6 Mil) to Jul. 2025 (£1,532.3 Mil) but then
declined
from Jul. 2025 (£1,532.3 Mil) to Jan. 2026 (£1,457.2 Mil).
Close Brothers Group's annual retained earnings
increased
from Jul. 2023 (£1,608.5 Mil) to Jul. 2024 (£1,634.4 Mil) but then
declined
from Jul. 2024 (£1,634.4 Mil) to Jul. 2025 (£1,532.3 Mil).
Close Brothers Group (CHIX:CBGl) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Close Brothers Group Retained Earnings Historical Data
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The historical data trend for Close Brothers Group's Retained Earnings 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.
Close Brothers Group Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of £1,457.2 Mil mean?
Close Brothers Group (CHIX:CBGL) has a Retained Earnings of £1,457.2 Mil as of Jan. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Close Brothers Group and its competitors.
Is Close Brothers Group's Retained Earnings too high?
Close Brothers Group's current Retained Earnings is £1,457.2 Mil. Overall, Close Brothers Group has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Close Brothers Group's Retained Earnings compare to PNC?
Close Brothers Group's Retained Earnings of £1,457.2 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Close Brothers Group and its competitors. Close Brothers Group's current Retained Earnings is £1,457.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Close Brothers Group stock overvalued right now?
Based on GuruFocus' analysis, Close Brothers Group (CHIX:CBGL) is currently considered Modestly Overvalued. The stock's GF Value™ is £3.60, compared to a current price of £4.20 — trading 16.6% above its estimated fair value. The current Retained Earnings is £1,457.2 Mil. Close Brothers Group's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Close Brothers Group (CHIX:CBGL), the current Retained Earnings is £1,457.2 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Close Brothers Group (CHIX:CBGL) Overvalued in 2026?
Based on GuruFocus' analysis, Close Brothers Group stock appears to be overvalued.
The current stock price of £4.20 is trading 16.6% above its estimated GF Value™ of £3.60.
GuruFocus considers Close Brothers Group to be Modestly Overvalued.
Key valuation signals for CHIX:CBGL:
Retained Earnings: £1,457.2 Mil
GF Value™: £3.60 vs. price of £4.20 (16.6% above fair value)
No single metric tells the full story. See the CHIX:CBGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Close Brothers Group PLC is a banking group that provides lending, deposit-taking, and securities trading services. The group mostly offers services to small businesses and individuals in the United Kingdom. Its operating segments are: Commercial, Retail, and Property. Maximum revenue is generated from its Commercial segment, which mainly offers specialist and predominantly secured lending principally to the SME market. The Retail segment provides intermediated finance through motor dealers, motor finance brokers, and insurance brokers, and savings products for individuals and corporates; and the Property segment offers residential development finance to established UK property developers, funding for commercial properties, and bridging and refurbishment loans.
59GF Score
Get the complete analysis for CHIX:CBGL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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