Financial highlights for the year ended 31 July 20181

Adjusted operating profit

£278.6m

2017: £268.7m

Adjusted basic earnings per share

140.2p

2017: 133.6p

Return on opening equity

17.0%

2017: 18.1%

Ordinary dividend per share

63.0p

2017: 60.0p

Loan book

£7.3bn

2017: £6.9bn

Total client assets

£12.2bn

2017: £11.2bn

1 Financial Highlights presented on the basis of continuing operations, which exclude the unsecured retail point of sale finance business classified as a discontinued operation for the 2017 and 2018 financial years.

Group financial overview

Close Brothers operates through three divisions: Banking, Securities and Asset Management. Below is a summary of the group’s financial performance over the last three years including an overview of our divisions.

20181

20171

2016

Adjusted operating profit (£m)1

278.6

268.7

233.6

Operating profit before tax (£m)

271.2

262.5

228.5

Basic EPS (p)

136.2

130.2

125.7

Adjusted basic EPS (p)

140.2

133.6

128.4

DPS (p)

63.0

60.0

57.0

Total equity (£bn)

1.3

1.2

1.1

Total assets (£bn)

10.3

9.3

8.7

Common equity tier 1 capital ratio

12.7%

12.6%

13.5%

Return on opening equity

17.0%

18.1%

18.9%

1 Financial overview for 2017 and 2018 presented on the basis of continuing operations, which excludes the unsecured retail point of sale finance business classified as a discontinued operation.

Close Brothers has a financial year end of 31 July.

Banking

Close Brothers’ Banking division provides lending to small businesses and individuals, with an emphasis on specialist finance. We also offer deposit taking services to UK businesses and individuals.

The division has three lending segments: Retail, Commercial and Property. Treasury manages our overall funding and liquidity requirements.

Financial overview

20181

20171

2016

Operating income (£m)

581.0

551.1

511.2

Adjusted operating profit (£m)

251.8

247.4

223.0

Closing loan book (£m)

7,297.5

6,884.7

6,431.6

1 Financial overview for 2017 and 2018 presented on the basis of continuing operations, which excludes the unsecured retail point of sale finance business classified as a discontinued operation.

Latest presentation

Date

Title

Presentation

Webcast

Script

22 November 2017

Investor Presentation: Banking Division

Download

Listen

Download

Securities

In Securities, we provide trading services in the UK through Winterflood, a leading market-maker.

Financial overview

2018

2017

2016

Operating income (£m)

109.1

106.7

82.3

Operating profit (£m)

28.1

28.1

19.0

Asset Management

Close Brothers Asset Management provides a range of financial advice, investment management and online investing services, helping clients to secure their financial future.

Financial overview

2018

2017

2016

Operating income (£m)

115.5

102.9

92.3

Adjusted operating profit (£m)

23.1

17.4

14.4

Toal client assets (£m)

12,219

11,157

9,901