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 acquires BNCCORP to expand its digital and community banking capabilities and strengthen financial services M&A in AZ acquisitions. BNCCORP operates through BNC National Bank, supporting retail banking customers and local lending in Arizona, aligning with OppFi acquisitions and merger acquisition strategy. The strategic acquisition is structured as a merger acquisition and is part of broader financial services deals AZ to build a unified platform, with the announced transaction valued at $130 million.