Cielo S.A. operates in the Functions related to deposit banking sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cielo S.A. with three other
banks in Latin America:
Banco Davivienda SA
sales of 11.18 trillion Colombian Pesos [US$3.26 billion]
of which 41%
Banco Do Nordeste Do Brasil Sa
(9.51 billion Brazilian Reals [US$2.31 billion]
of which 42%
was Own Portfolio), and
Banco Estado Do Rio Grande Do Sul SA
(11.88 billion Brazilian Reals [US$2.89 billion]
of which 100%
was Banking & Related Activities).
Cielo S.A. reported sales of 11.69 billion Brazilian Reals (US$2.84 billion)
December of 2018.
a very small
increase of 0.7%
versus 2017, when the company's sales were 11.60 billion Brazilian Reals.
Despite this increase, sales are still
below the level achieved in 2016, when Cielo S.A.
reported sales of 12.30 billion Brazilian Reals.
Sales of Management of Payments Accounts saw an increase
that was more than double the company's growth rate: sales were up
3.2% in 2018, from
2.59 billion Brazilian Reals to 2.68 billion Brazilian Reals.