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OppFi seals $130m deal to buy Arizona-based BNCCORP
Summary by Retail Banker International
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OppFi seals $130m deal to buy Arizona-based BNCCORP
OppFi has agreed to acquire Arizona-based BNCCORP and its wholly owned unit, BNC National Bank, in a cash-stock transaction worth about $130m. BNC National Bank is a nationally chartered commercial bank based in Glendale, Arizona. As of 31 December 2025, it had roughly $1.1bn in total assets and about $1bn in total deposits. Under the agreed terms, BNCC shareholders will receive $19.375 in cash for each share and 1.90 OppFi Class A common shares…
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