SpareBank 1 SMN (OSL:MING) Beginning Cash Position: kr55 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.

OSL:MING SpareBank 1 SMN OSL:MING
67 GF Score
Price kr193.98
GF Value kr184.71
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is SpareBank 1 SMN Beginning Cash Position?

SpareBank 1 SMN OSL:MING +0.63% 67 Beginning Cash Position is kr55 Mil as of Mar. 2026. GuruFocus rates OSL:MING with a GF Score™ of 67/100 and a GF Value™ of kr184.71 (Fairly Valued). The stock has 7 warning signs investors should review.

SpareBank 1 SMN's Beginning Cash Position for the quarter that ended in Mar. 2026 was kr55 Mil.

SpareBank 1 SMN's quarterly Beginning Cash Position declined from Sep. 2025 (kr2,367 Mil) to Dec. 2025 (kr1,081 Mil) and declined from Dec. 2025 (kr1,081 Mil) to Mar. 2026 (kr55 Mil).

SpareBank 1 SMN's annual Beginning Cash Position declined from Dec. 2023 (kr1,172 Mil) to Dec. 2024 (kr1,171 Mil) and declined from Dec. 2024 (kr1,171 Mil) to Dec. 2025 (kr654 Mil).


SpareBank 1 SMN Beginning Cash Position Related Terms


SpareBank 1 SMN Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for SpareBank 1 SMN'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.

SpareBank 1 SMN Beginning Cash Position Chart

SpareBank 1 SMN 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 2,763.00 1,252.00 1,172.00 1,171.00 654.00

SpareBank 1 SMN 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 655.00 2,072.00 2,367.00 1,081.00 55.00
OSL:MING
67GF Score
SpareBank 1 SMN OSL:MING
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpareBank 1 SMN 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 kr55 Mil mean?
SpareBank 1 SMN (OSL:MING) has a Beginning Cash Position of kr55 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 SpareBank 1 SMN and its competitors.
Is SpareBank 1 SMN's Beginning Cash Position too high?
SpareBank 1 SMN's current Beginning Cash Position is kr55 Mil. Overall, SpareBank 1 SMN has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 SMN's Beginning Cash Position compare to competitors?
SpareBank 1 SMN's Beginning Cash Position of kr55 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 SpareBank 1 SMN and its competitors. SpareBank 1 SMN's current Beginning Cash Position is kr55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 SMN stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 SMN (OSL:MING) is currently considered Fairly Valued. The stock's GF Value™ is kr184.71, compared to a current price of kr193.98 — trading 5% above its estimated fair value. The current Beginning Cash Position is kr55 Mil. SpareBank 1 SMN's overall GF Score™ is 67/100 with 7 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 SpareBank 1 SMN (OSL:MING), the current Beginning Cash Position is kr55 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 SpareBank 1 SMN (OSL:MING) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 SMN stock appears to be overvalued. The current stock price of kr193.98 is trading 5% above its estimated GF Value™ of kr184.71. GuruFocus considers SpareBank 1 SMN to be Fairly Valued.

Key valuation signals for OSL:MING:

  • Beginning Cash Position: kr55 Mil
  • GF Value™: kr184.71 vs. price of kr193.98 (5% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


SpareBank 1 SMN Business Description

Other Exchanges MINGo:UK0IVM:UKSJI:Germany
Address Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. The services and products of the bank serves real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income. The company has Retail Banking and Corporate Banking as its reportable segment.
67GF Score

Get the complete analysis for OSL:MING

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

kr193.98
Price
kr184.71
GF Value