Banco Bradesco Executive Marcos Tescarolo Buys $1 Million in Shares as Brazilian Banking Rebounds
Tescarolo's $1.0 million purchase at $17.98 per share represents a 24% increase to his direct equity stake, signaling insider confidence in the Brazilian banking firm.
Overview
Marcos Valerio Tescarolo, an Executive Officer of Banco Bradesco S.A. (NYSE:BBD), purchased 57,012 shares of the company on Sept. 18, 2026, according to a 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.