Banco Bradesco Director Buys $2.3 Million Worth of Shares
Denise Aguiar Alvarez, a director at Banco Bradesco S.A., purchased approximately 131,000 shares for around $2.3 million on September 18, 2026, according to an SEC Form 4 filing. This transaction increased her direct stake in the company to about 6.0 million shares with a post-transaction value of roughly $20.59 million at that time. The purchase occurred as Banco Bradesco reported trailing twelve-month revenue of BRL 341.3 billion and net income of BRL 24.3 billion, indicating ongoing financial recovery after past challenges related to high credit costs and loan growth issues. The stock was trading around $3.52 by the close on September 21. Analysts view this insider buying as a bullish signal, especially given recent operational improvements at Bradesco and an improving economic environment in Brazil with moderating inflation.
