Banco Bradesco Chief Risk Officer Purchases 60,492 Shares for $1.1 Million. Is BBD a Buy?
Vinicius Urias Favarao expanded his direct equity stake by 22%, signaling confidence in the Brazilian bank.
Overview
Vinicius Urias Favarao, Executive Officer of Banco Bradesco S.A. (NYSE:BBD), purchased 60,492 shares of the company, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($17.98); post-transaction value based on Sept. 18, 2026 market close ($3.43).
Details
Banco Bradesco S.A. is one of Brazil's largest financial institutions, with approximately 82,095 employees and a market capitalization of $37.2 billion. The company leverages its dual Banking and Insurance divisions to deliver integrated financial solutions across retail and institutional markets, maintaining a competitive position through its extensive branch network and diversified service offerings in Brazil and internationally.
Source
Originally published at www.fool.com.