Banca Sistema SpA (MIL:BST) Beginning Cash Position: €87.8 Mil (As of Mar. 2026)


MIL:BST Banca Sistema SpA MIL:BST
66 GF Score
Price €1.55
GF Value €1.82
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Banca Sistema SpA Beginning Cash Position?

Banca Sistema SpA MIL:BST +0.13% 66 Beginning Cash Position is €87.8 Mil as of Mar. 2026. GuruFocus rates MIL:BST with a GF Score™ of 66/100 and a GF Value™ of €1.82 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Banca Sistema SpA's Beginning Cash Position for the quarter that ended in Mar. 2026 was €87.8 Mil.

Banca Sistema SpA's quarterly Beginning Cash Position increased from Sep. 2025 (€151.1 Mil) to Dec. 2025 (€261.3 Mil) but then declined from Dec. 2025 (€261.3 Mil) to Mar. 2026 (€87.8 Mil).

Banca Sistema SpA's annual Beginning Cash Position increased from Dec. 2023 (€126.6 Mil) to Dec. 2024 (€250.5 Mil) but then declined from Dec. 2024 (€250.5 Mil) to Dec. 2025 (€93.4 Mil).

Banca Sistema SpA Beginning Cash Position Related Terms

Banca Sistema SpA Beginning Cash Position Historical Data

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The historical data trend for Banca Sistema SpA'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.

Banca Sistema SpA Beginning Cash Position Chart

Banca Sistema SpA 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 68.86 175.84 126.59 250.50 93.44

Banca Sistema SpA 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 93.44 165.71 151.15 261.29 87.79
MIL:BST
66GF Score
Banca Sistema SpA MIL:BST
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Banca Sistema SpA 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 €87.8 Mil mean?
Banca Sistema SpA (MIL:BST) has a Beginning Cash Position of €87.8 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 Banca Sistema SpA and its competitors.
Is Banca Sistema SpA's Beginning Cash Position too high?
Banca Sistema SpA's current Beginning Cash Position is €87.8 Mil. Overall, Banca Sistema SpA has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banca Sistema SpA's Beginning Cash Position compare to PNC and USB?
Banca Sistema SpA's Beginning Cash Position of €87.8 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 Banca Sistema SpA and its competitors. Banca Sistema SpA's current Beginning Cash Position is €87.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banca Sistema SpA stock overvalued right now?
Based on GuruFocus' analysis, Banca Sistema SpA (MIL:BST) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.82, compared to a current price of €1.55 — trading 14.8% below its estimated fair value. The current Beginning Cash Position is €87.8 Mil. Banca Sistema SpA's overall GF Score™ is 66/100 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 Banca Sistema SpA (MIL:BST), the current Beginning Cash Position is €87.8 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 Banca Sistema SpA (MIL:BST) Overvalued in 2026?

Based on GuruFocus' analysis, Banca Sistema SpA stock appears to be undervalued. The current stock price of €1.55 is trading 14.8% below its estimated GF Value™ of €1.82. GuruFocus considers Banca Sistema SpA to be Modestly Undervalued.

Key valuation signals for MIL:BST:

  • Beginning Cash Position: €87.8 Mil
  • GF Value™: €1.82 vs. price of €1.55 (14.8% below fair value)
  • GF Score™: 66/100 with 2 warning signs

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

Banca Sistema SpA Business Description

Other Exchanges 0R9H:UKB2S:Germany
Address Largo Augusto 1/A, At the corner of Via Verziere 13, Milan, ITA, 20122
Banca Sistema SpA provides factoring and banking services. It specializes in the acquisition, management, and financing of receivables. The firm's products and services comprise current accounts, time deposits, funding for SMEs, non-recourse factoring, credit management, and payment services. Segment reporting of the company includes the following divisions: Factoring Division includes business related to the origination of trade and tax receivables with and without recourse, and the management. Retail Division, which includes the business related to the purchase of salary- and pension-backed loans. Collateralized Lending Division includes the business related to collateral-backed loans. Corporate Division includes activities related to the management of the Group's financial resources.
66GF Score

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

€1.55
Price
€1.82
GF Value