BCO Estado de Sergipe - Banese (BSP:BGIP3) Beginning Cash Position: R$2,522 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BGIP3 BCO Estado de Sergipe SA - Banese BSP:BGIP3
46 GF Score
Price R$47.30
GF Value R$26.35
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is BCO Estado de Sergipe - Banese Beginning Cash Position?

BCO Estado de Sergipe - Banese BSP:BGIP3 46 Beginning Cash Position is R$2,522 Mil as of Mar. 2026. GuruFocus rates BSP:BGIP3 with a GF Score™ of 46/100 and a GF Value™ of R$26.35 (Significantly Overvalued). The stock has 2 warning signs investors should review.

BCO Estado de Sergipe - Banese's Beginning Cash Position for the quarter that ended in Mar. 2026 was R$2,522 Mil.

BCO Estado de Sergipe - Banese's quarterly Beginning Cash Position increased from Sep. 2025 (R$3,099 Mil) to Dec. 2025 (R$3,113 Mil) but then declined from Dec. 2025 (R$3,113 Mil) to Mar. 2026 (R$2,522 Mil).

BCO Estado de Sergipe - Banese's annual Beginning Cash Position increased from Dec. 2023 (R$667 Mil) to Dec. 2024 (R$1,008 Mil) and increased from Dec. 2024 (R$1,008 Mil) to Dec. 2025 (R$2,439 Mil).


BCO Estado de Sergipe - Banese Beginning Cash Position Related Terms


BCO Estado de Sergipe - Banese Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for BCO Estado de Sergipe - Banese's Beginning Cash Position 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.

BCO Estado de Sergipe - Banese Beginning Cash Position Chart

BCO Estado de Sergipe - Banese Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 727.49 313.23 667.05 1,008.39 2,438.97

BCO Estado de Sergipe - Banese Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position 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 2,438.97 3,004.03 3,099.29 3,112.62 2,521.78
BSP:BGIP3
46GF Score
BCO Estado de Sergipe SA - Banese BSP:BGIP3
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCO Estado de Sergipe - Banese Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of R$2,522 Mil mean?
BCO Estado de Sergipe - Banese (BSP:BGIP3) has a Beginning Cash Position of R$2,522 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on BCO Estado de Sergipe - Banese and its competitors.
Is BCO Estado de Sergipe - Banese's Beginning Cash Position too high?
BCO Estado de Sergipe - Banese's current Beginning Cash Position is R$2,522 Mil. Overall, BCO Estado de Sergipe - Banese has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BCO Estado de Sergipe - Banese's Beginning Cash Position compare to PNC and USB?
BCO Estado de Sergipe - Banese's Beginning Cash Position of R$2,522 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 Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position 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 Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on BCO Estado de Sergipe - Banese and its competitors. BCO Estado de Sergipe - Banese's current Beginning Cash Position is R$2,522 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCO Estado de Sergipe - Banese stock overvalued right now?
Based on GuruFocus' analysis, BCO Estado de Sergipe - Banese (BSP:BGIP3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$26.35, compared to a current price of R$47.30 — trading 79.5% above its estimated fair value. The current Beginning Cash Position is R$2,522 Mil. BCO Estado de Sergipe - Banese's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For BCO Estado de Sergipe - Banese (BSP:BGIP3), the current Beginning Cash Position is R$2,522 Mil as of Mar. 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 BCO Estado de Sergipe - Banese (BSP:BGIP3) Overvalued in 2026?

Based on GuruFocus' analysis, BCO Estado de Sergipe - Banese stock appears to be overvalued. The current stock price of R$47.30 is trading 79.5% above its estimated GF Value™ of R$26.35. GuruFocus considers BCO Estado de Sergipe - Banese to be Significantly Overvalued.

Key valuation signals for BSP:BGIP3:

  • Beginning Cash Position: R$2,522 Mil
  • GF Value™: R$26.35 vs. price of R$47.30 (79.5% above fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the BSP:BGIP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BCO Estado de Sergipe - Banese Business Description

Other Exchanges BGIP4:Brazil
Address Rua F - 31, Aracaju, SE, BRA, 49040240
BCO Estado de Sergipe SA - Banese offers a range of banking products and services to individuals and corporates in the areas of loans and deposits, investment banking, portfolio management, leasing, pension, as well as life and property insurance and Internet banking services.
46GF Score

Get the complete analysis for BSP:BGIP3

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$47.30
Price
R$26.35
GF Value