BNCCORP Acquired by OppFi | Financial Services M&A Deal

OppFi has completed the acquisition of BNCCORP, a banking business in Arizona, for $130 million. OppFi acquisitions expand its financial services footprint by adding BNCCORP and BNC National Bank, supporting lending and deposit-related banking operations in AZ. The BNCCORP acquisition strengthens OppFi’s platform through a merger acquisition structure and aligns with OppFi’s strategic acquisition strategy in financial services M&A. The deal is an announced strategic acquisition valued at about $130 million, with an expected close subject to customary conditions and regulatory approvals.