Banco Bradesco Chief Risk Officer Purchases 60,492 Shares for $1.1 Million. Is BBD a Buy?

The chief risk officer of Banco Bradesco purchased 60,492 shares of the company for $1.1 million, signaling confidence in the Brazilian bank.

The purchase represents a 22% increase in the executive's direct equity stake in the company.

Banco Bradesco is one of the largest banks in Brazil and has a strong presence in the country's retail banking sector.