BNCCORP To Be Acquired By OppFi in Transformative Customer-Focused Transaction
BNCCORP agreed to be acquired by OppFi in a cash-and-stock transaction valued at approximately $130 million, uniting a national bank charter with a digital finance platform. Shareholders will receive $19.375 in cash and 1.90 shares of OppFi Class A common stock for each BNCC share held. The deal is expected to close in Q4 2026, with BNC National Bank continuing operations as a community banking division within OppFi Bank.
Key figures
- Deal Value Usd
- 130000000
- Synergy year 1
- 60000000
- Synergy year 2
- 90000000
- Synergy year 3
- 115000000
- Book value 2025
- 107000000
- Net income 2025
- 10000000
- Total assets 2025
- 1100000000
- Total deposits 2025
- 1000000000
- Interest income 2025
- 51000000
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.