This code will display the member badge on the BuddyPress Profile page using the bp_before_member_header_meta hook.

my_pmpro_member_badge_display.php

<?php
/**
 * my_pmpro_member_badge_display This code will display the member badge on the BuddyPress Profile page using the bp_before_member_header_meta hook.
 *
 * Add this code to your PMPro Customizations Plugin
 * https://www.paidmembershipspro.com/create-a-plugin-for-pmpro-customizations/
 *
 */
function my_pmpro_member_badge_display(  ) {
	if ( function_exists( 'pmpromb_show_badge' ) && function_exists( 'pmpro_hasMembershipLevel' ) ) {
		if ( pmpro_hasMembershipLevel( array( '1', '2' ), bp_displayed_user_id() ) ) {
			pmpromb_show_badge( bp_displayed_user_id() );
		}
	}
}
add_action( 'bp_before_member_header_meta', 'my_pmpro_member_badge_display' );

It is possible to add the badge to thete members pages also using this function:
add_action( 'bp_directory_members_item', 'my_pmpro_member_badge_display' );