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Banco Bradesco Renews Related-Party Merchant Services Agreement With Cielo

Tipranks - Tue Jan 13, 4:32PM CST

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Banco Bradesco SA ( (BBD) ) has provided an announcement.

On January 12, 2026, Banco Bradesco S.A. announced it has renewed its agreement with related party Cielo S.A. for the provision of intermediation, acquisition, referral and maintenance services for commercial establishments, under which Bradesco attracts, indicates and retains merchants for potential accreditation to Cielo’s payment system. The contract, which is automatically extended every 12 months, remains embedded in Bradesco’s existing operational structure and, according to management, was approved through internal governance procedures, conducted under market conditions, and aligned with the bank’s related-party and data-protection policies, underscoring continued integration of its banking franchise with Cielo’s acquiring platform while seeking to mitigate conflicts of interest for shareholders and other stakeholders.

The most recent analyst rating on (BBD) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Banco Bradesco SA stock, see the BBD Stock Forecast page.

Spark’s Take on BBD Stock

According to Spark, TipRanks’ AI Analyst, BBD is a Outperform.

Banco Bradesco SA’s stock is supported by strong technical indicators and reasonable valuation, despite financial performance challenges related to cash flow and leverage. The positive market momentum and attractive dividend yield enhance the stock’s appeal.

To see Spark’s full report on BBD stock, click here.

More about Banco Bradesco SA

Banco Bradesco S.A., one of Brazil’s largest private-sector banks, operates across retail, corporate and investment banking, offering credit, payment services and financial products to individuals and businesses throughout the country. Through subsidiaries it also participates in adjacent financial services segments, including card acquiring, where it is part of the controlling group of Cielo S.A., a leading payments processor focused on merchant acquiring and electronic transactions in Brazil.

Average Trading Volume: 38,728,361

Technical Sentiment Signal: Buy

Current Market Cap: $33.72B

For a thorough assessment of BBD stock, go to TipRanks’ Stock Analysis page.

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