BNCCORP agrees to sell to OppFi in $130 million cash-and-stock deal

OppFi, Inc.
BNCCORP INC

OppFi, Inc.

OPFI

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BNCCORP INC

BNCC

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  • OppFi agreed to acquire BNCC in a cash-and-stock deal valued at about USD 130 million.
  • BNCC shareholders to receive USD 19.38 per share in cash plus 1.9 shares of OppFi Class A common stock for each BNCC share.
  • Closing expected in Q4 2026, subject to BNCC shareholder vote and required approvals.
  • BNC National Bank had about USD 1.1 billion in assets plus about USD 1 billion in deposits as of Dec. 31, 2025.
  • OppFi forecast synergies of at least USD 60 million in year one post-close, rising to over USD 115 million by year three.


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