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 Estado Do Rio Grande Do Sul SA
(2020
sales of 10.63 billion Brazilian Reals [US$2.01 billion]
of which 100%
was Banking & Related Activities),
Banco Santander Rio S.A.
of ARGENTINA
(225.90 billion Argentinian Pesos [US$2.29 billion]
), and
Banco Pan SA
(10.10 billion Brazilian Reals [US$1.91 billion]
of which 95%
was Bank).
Sales Analysis.
During the second
quarter of 2021, sales at Cielo S.A. totalled
2.81 billion Brazilian Reals.
This is
an increase of 14.8%
from the 2.45 billion Brazilian Reals in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the first
quarter of 2016.
During the first two
quarters of 2021, sales totalled 5.53 billion Brazilian Reals, which is
4.8% higher
than through the first two quarters of 2020.
Sales at Cielo S.A. appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 25.4% and 29.6%
of the annual
sales.
Cielo S.A. reported sales of 11.19 billion Brazilian Reals (US$2.11 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 1.4%
versus 2019, when the company's sales were 11.35 billion Brazilian Reals.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Cielo S.A. had sales
of 11.12 billion Brazilian Reals.