OppFi Announces Acquisition of BNC National Bank and Provides Earnings Details for Q1 2026
OppFi (OPFI) announced plans to acquire BNCC Corp and BNC National Bank in a $130 million deal expected to close by the end of 2026. The acquisition is projected to be significantly accretive to earnings per share, with management forecasting at least 25% EPS growth in year one post-close. Additionally, OppFi reported Q1 revenue of $152 million, an 8% increase from last year.
Tickers: $OPFI
Topics: acquisitions banking financial performance