Banco Bradesco Director Alvarez Buys $2.3 Million Shares. Is the Brazilian Bank Now a Buy?
Alvarez expanded her direct stake to 6 million shares at $17.98 per share, signaling confidence in the $37.2 billion financial institution's outlook.
Overview
Denise Aguiar Alvarez, a Director at Banco Bradesco S.A. (NYSE:BBD), reported a direct purchase of ~131,000 shares on September 18, 2026, 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.