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 include BNCCORP and BNC National Bank, expanding OppFi’s footprint in financial services M&A across AZ acquisitions. BNCCORP operates as a regulated bank platform, supporting deposit and lending activities that complement OppFi’s consumer finance strategy. The merger acquisition is structured as a private equity acquisition by OppFi, with the announced deal size at $130 million and expected integration following a definitive agreement.