{"success":true,"data":{"pressRelease":{"id":"146955","rtpr_id":"nPn33yZyla-20260917","ticker":"BNCC","exchange":"OTC","all_tickers":["BNCC","OPFI"],"title":"BNCCORP Stockholders Approve Merger with OppFi, Inc.","author":"PR Newswire","published_at":"2026-09-17T20:30:01.642Z","article_body":"BNCCORP Stockholders Approve Merger with OppFi, Inc.\nPR Newswire\n\nBISMARCK, N.D., Sept. 17, 2026\n\nBISMARCK, N.D., Sept. 17, 2026 /PRNewswire/ -- BNCCORP, INC. (OTCQX Markets:\nBNCC) (\"BNCC\") and its wholly owned subsidiary, BNC National Bank (\"BNC\")\nannounced today that its stockholders have approved the previously announced\nsale to OppFi (\"OppFi\"), a tech-enabled digital finance platform, in a cash\nand stock transaction. Under the terms of the agreement, BNCC stockholders\nwill receive $19.375 per share in cash and 1.9 shares of OppFi Class A common\nstock for each BNCC share.\n\nBNCC stockholders approved the transaction on September 17, 2026. Completion\nremains subject to the satisfaction of customary closing conditions, including\nregulatory approvals.\n\nThe transaction brings together two complementary, market-leading businesses,\ncombining OppFi's sophisticated online lending platform with BNC's national\nbank charter and diversified banking infrastructure to create stronger, more\ndiversified, more scalable financial services.\n\n\"This stockholder vote is a significant development in the process of\ncompleting this transformative agreement with OppFi.\" said BNCC Chairman,\nMichael Vekich. Mr. Vekich continued, \"The BNCC Board of Directors in\nalignment with the management team is committed to a strategy which protects\nand enhances BNCC as an organization for the betterment of stockholders,\nemployees, customers and the communities we serve.\"\n\nThe final vote total will be reported by BNCC in its quarterly report for the\nfiscal quarter ended September 30, 2026, which will be posted to the BNCC\nwebsite.\n\nAbout BNC\n\nBNC National Bank is a community-focused commercial bank headquartered in\nGlendale, Arizona and operating as a subsidiary of BNCCORP, Inc., providing a\nbroad range of financial services to individuals and small-to-medium-sized\nbusinesses across markets such as North Dakota and Arizona. Founded in 1987,\nthe bank emphasizes relationship-driven banking, offering core products\nincluding checking and savings accounts, commercial and consumer loans, wealth\nmanagement, and digital banking services, with a particular strength in\nbusiness financing and SBA lending. Its model is centered on customer service,\npositioning the bank as a stable, regionally focused institution that supports\neconomic activity in its communities while complementing traditional banking\nwith modern online and mobile capabilities.\n\nAbout OppFi\n\nOppFi (NYSE: OPFI) is a tech-enabled digital finance platform that partners\nwith banks to offer financial products and services to everyday Americans.\nThrough this transparent and responsible platform, which emphasizes financial\ninclusion and exceptional customer experience, the Company assists consumers\nwho are underserved by traditional financing options in building improved\nfinancial health. OppLoans by OppFi maintains a 4.4/5.0-star rating on\nTrustpilot based on over 5,400 reviews, positioning the Company among the top\nconsumer-rated financial platforms online. OppFi also holds a 35% equity\ninterest in Bitty Holdings, LLC (\"Bitty\"), a credit access company that\nprovides revenue-based financing and other working capital solutions to small\nbusinesses. For additional information, please visit oppfi.com.\n\nContact:\n\nBob McNaney (On Behalf of BNCC)\n651 249 7718, bob@themcnaneygroup.com (mailto:bob@themcnaneygroup.com)\n\nForward-Looking Statements This news release may contain \"forward-looking\nstatements\" within the meaning of the Private Securities Litigation Reform Act\nof 1995 with respect to the financial condition, results of operations, plans,\nobjectives, future performance, and business of BNCCORP. Forward-looking\nstatements, which may be based upon beliefs, expectations and assumptions of\nour management and on information currently available to management are\ngenerally identifiable by the use of words such as \"expect\", \"believe\",\n\"anticipate\", \"plan\", \"intend\", \"estimate\", \"may\", \"will\", \"would\", \"could\",\n\"should\", or other expressions. We caution readers that these forward-looking\nstatements, including, without limitation, our future business prospects,\nrevenues, working capital, liquidity, capital needs, interest costs and\nincome, are subject to certain risks and uncertainties that could cause actual\nresults to differ materially from those indicated in the forward-looking\nstatements due to several important factors. These factors include, but are\nnot limited to: risks of loans and investments, including dependence on local\nand regional economic conditions; competition for our customers from other\nproviders of financial services; possible adverse effects of changes in\ninterest rates, including the effects of such changes on derivative contracts\nand associated accounting consequences; risks associated with our acquisition\nand growth strategies; and other risks which are difficult to predict and many\nof which are beyond our control.\n\nThese forward-looking statements include, without limitation, statements\nregarding OppFi's proposed acquisition of, including the anticipated timing,\nstructure, benefits, and strategic rationale of such transactions; OppFi's\nexpectations with respect to the geographic expansion and product\ndiversification that may come from the acquisition; OppFi's expectations with\nrespect to its full year 2026 guidance, the future performance of OppFi's\nplatform and underwriting models, and expectations for OppFi's growth and\nfuture financial performance. These forward-looking statements are based on\nBNCC's current expectations and assumptions about future events, including\nexpectations of OppFi management that have been shared with BNCC management,\nand are based on currently available information as to the outcome and timing\nof future events. These forward-looking statements involve significant risks\nand uncertainties that could cause the actual results to differ materially\nfrom the expected results. Most of these factors are outside BNCC's control\nand are difficult to predict. Factors that may cause such differences include,\nbut are not limited to, risks related to the proposed acquisition of BNCC by\nOppFi, including the risk that the transaction may not be completed in a\ntimely manner or at all; the failure to satisfy closing conditions or obtain\nrequired regulatory approvals: the impact of the transactions on OppFi's\ngovernance structure; integration or execution challenges, adverse reactions\nfrom customers or stockholders, the impact of general economic conditions,\nincluding economic slowdowns, inflation, interest rate changes, recessions,\nthe impact of tariffs, and tightening of credit markets on OppFi's business;\nchanges in the market price of OppFi's Class A Common Stock; the impact of\nchallenging macroeconomic and marketplace conditions; the impact of stimulus\nor other government programs; risks related to potential litigation in\nrelation to the proposed sale to OppFi or the operation of the BNCC business\ngenerally; and other risks and uncertainties indicated from time to time in\nBNCC's disclosures with the OTCQX. BNCC cautions that the foregoing list of\nfactors is not exclusive, and readers should not place undue reliance upon any\nforward-looking statements, which speak only as of the date made. BNCC does\nnot undertake or accept any obligation or undertaking to publicly release any\nupdates or revisions to any forward-looking statements to reflect any change\nin its expectations or any change in events, conditions, or circumstances on\nwhich any such statement is based.\n\nFOR FURTHER INFORMATION:\nWEBSITE: www.bnccorp.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4776568-1&h=365755811&u=http%3A%2F%2Fwww.bnccorp.com%2F&a=www.bnccorp.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/bnccorp-stockholders-approve-merger-with-oppfi-inc-302881966.html\n(https://www.prnewswire.com/news-releases/bnccorp-stockholders-approve-merger-with-oppfi-inc-302881966.html)\n\nSOURCE BNCCORP\n\n\n\nMEDIA CONTACT: BOB MCNANEY, TELEPHONE: (651) 249 7718\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1835738/BNCCORP-Logo-Logo.jpg?id=OA2954535\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn33yZyla-20260917","title":"BNCCORP Stockholders Approve Merger with OppFi, Inc.","author":"PR Newswire","ticker":"BNCC","created":"2026-09-17T20:30:01.642Z","tickers":["BNCC","OPFI"],"exchange":"OTC","article_body":"BNCCORP Stockholders Approve Merger with OppFi, Inc.\nPR Newswire\n\nBISMARCK, N.D., Sept. 17, 2026\n\nBISMARCK, N.D., Sept. 17, 2026 /PRNewswire/ -- BNCCORP, INC. (OTCQX Markets:\nBNCC) (\"BNCC\") and its wholly owned subsidiary, BNC National Bank (\"BNC\")\nannounced today that its stockholders have approved the previously announced\nsale to OppFi (\"OppFi\"), a tech-enabled digital finance platform, in a cash\nand stock transaction. Under the terms of the agreement, BNCC stockholders\nwill receive $19.375 per share in cash and 1.9 shares of OppFi Class A common\nstock for each BNCC share.\n\nBNCC stockholders approved the transaction on September 17, 2026. Completion\nremains subject to the satisfaction of customary closing conditions, including\nregulatory approvals.\n\nThe transaction brings together two complementary, market-leading businesses,\ncombining OppFi's sophisticated online lending platform with BNC's national\nbank charter and diversified banking infrastructure to create stronger, more\ndiversified, more scalable financial services.\n\n\"This stockholder vote is a significant development in the process of\ncompleting this transformative agreement with OppFi.\" said BNCC Chairman,\nMichael Vekich. Mr. Vekich continued, \"The BNCC Board of Directors in\nalignment with the management team is committed to a strategy which protects\nand enhances BNCC as an organization for the betterment of stockholders,\nemployees, customers and the communities we serve.\"\n\nThe final vote total will be reported by BNCC in its quarterly report for the\nfiscal quarter ended September 30, 2026, which will be posted to the BNCC\nwebsite.\n\nAbout BNC\n\nBNC National Bank is a community-focused commercial bank headquartered in\nGlendale, Arizona and operating as a subsidiary of BNCCORP, Inc., providing a\nbroad range of financial services to individuals and small-to-medium-sized\nbusinesses across markets such as North Dakota and Arizona. Founded in 1987,\nthe bank emphasizes relationship-driven banking, offering core products\nincluding checking and savings accounts, commercial and consumer loans, wealth\nmanagement, and digital banking services, with a particular strength in\nbusiness financing and SBA lending. Its model is centered on customer service,\npositioning the bank as a stable, regionally focused institution that supports\neconomic activity in its communities while complementing traditional banking\nwith modern online and mobile capabilities.\n\nAbout OppFi\n\nOppFi (NYSE: OPFI) is a tech-enabled digital finance platform that partners\nwith banks to offer financial products and services to everyday Americans.\nThrough this transparent and responsible platform, which emphasizes financial\ninclusion and exceptional customer experience, the Company assists consumers\nwho are underserved by traditional financing options in building improved\nfinancial health. OppLoans by OppFi maintains a 4.4/5.0-star rating on\nTrustpilot based on over 5,400 reviews, positioning the Company among the top\nconsumer-rated financial platforms online. OppFi also holds a 35% equity\ninterest in Bitty Holdings, LLC (\"Bitty\"), a credit access company that\nprovides revenue-based financing and other working capital solutions to small\nbusinesses. For additional information, please visit oppfi.com.\n\nContact:\n\nBob McNaney (On Behalf of BNCC)\n651 249 7718, bob@themcnaneygroup.com (mailto:bob@themcnaneygroup.com)\n\nForward-Looking Statements This news release may contain \"forward-looking\nstatements\" within the meaning of the Private Securities Litigation Reform Act\nof 1995 with respect to the financial condition, results of operations, plans,\nobjectives, future performance, and business of BNCCORP. Forward-looking\nstatements, which may be based upon beliefs, expectations and assumptions of\nour management and on information currently available to management are\ngenerally identifiable by the use of words such as \"expect\", \"believe\",\n\"anticipate\", \"plan\", \"intend\", \"estimate\", \"may\", \"will\", \"would\", \"could\",\n\"should\", or other expressions. We caution readers that these forward-looking\nstatements, including, without limitation, our future business prospects,\nrevenues, working capital, liquidity, capital needs, interest costs and\nincome, are subject to certain risks and uncertainties that could cause actual\nresults to differ materially from those indicated in the forward-looking\nstatements due to several important factors. These factors include, but are\nnot limited to: risks of loans and investments, including dependence on local\nand regional economic conditions; competition for our customers from other\nproviders of financial services; possible adverse effects of changes in\ninterest rates, including the effects of such changes on derivative contracts\nand associated accounting consequences; risks associated with our acquisition\nand growth strategies; and other risks which are difficult to predict and many\nof which are beyond our control.\n\nThese forward-looking statements include, without limitation, statements\nregarding OppFi's proposed acquisition of, including the anticipated timing,\nstructure, benefits, and strategic rationale of such transactions; OppFi's\nexpectations with respect to the geographic expansion and product\ndiversification that may come from the acquisition; OppFi's expectations with\nrespect to its full year 2026 guidance, the future performance of OppFi's\nplatform and underwriting models, and expectations for OppFi's growth and\nfuture financial performance. These forward-looking statements are based on\nBNCC's current expectations and assumptions about future events, including\nexpectations of OppFi management that have been shared with BNCC management,\nand are based on currently available information as to the outcome and timing\nof future events. These forward-looking statements involve significant risks\nand uncertainties that could cause the actual results to differ materially\nfrom the expected results. Most of these factors are outside BNCC's control\nand are difficult to predict. Factors that may cause such differences include,\nbut are not limited to, risks related to the proposed acquisition of BNCC by\nOppFi, including the risk that the transaction may not be completed in a\ntimely manner or at all; the failure to satisfy closing conditions or obtain\nrequired regulatory approvals: the impact of the transactions on OppFi's\ngovernance structure; integration or execution challenges, adverse reactions\nfrom customers or stockholders, the impact of general economic conditions,\nincluding economic slowdowns, inflation, interest rate changes, recessions,\nthe impact of tariffs, and tightening of credit markets on OppFi's business;\nchanges in the market price of OppFi's Class A Common Stock; the impact of\nchallenging macroeconomic and marketplace conditions; the impact of stimulus\nor other government programs; risks related to potential litigation in\nrelation to the proposed sale to OppFi or the operation of the BNCC business\ngenerally; and other risks and uncertainties indicated from time to time in\nBNCC's disclosures with the OTCQX. BNCC cautions that the foregoing list of\nfactors is not exclusive, and readers should not place undue reliance upon any\nforward-looking statements, which speak only as of the date made. BNCC does\nnot undertake or accept any obligation or undertaking to publicly release any\nupdates or revisions to any forward-looking statements to reflect any change\nin its expectations or any change in events, conditions, or circumstances on\nwhich any such statement is based.\n\nFOR FURTHER INFORMATION:\nWEBSITE: www.bnccorp.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4776568-1&h=365755811&u=http%3A%2F%2Fwww.bnccorp.com%2F&a=www.bnccorp.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/bnccorp-stockholders-approve-merger-with-oppfi-inc-302881966.html\n(https://www.prnewswire.com/news-releases/bnccorp-stockholders-approve-merger-with-oppfi-inc-302881966.html)\n\nSOURCE BNCCORP\n\n\n\nMEDIA CONTACT: BOB MCNANEY, TELEPHONE: (651) 249 7718\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1835738/BNCCORP-Logo-Logo.jpg?id=OA2954535\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-17T20:30:01.707942623Z","server_sent_at_ms":1789677001707},"received_at":"2026-09-17T20:30:01.763Z","source_url":"https://www.prnewswire.com/news-releases/bnccorp-stockholders-approve-merger-with-oppfi-inc-302881966.html"},"analysis":{"id":"135781","press_release_id":"146955","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":["deal completion still subject to regulatory approvals and customary closing conditions","stock component of consideration exposes BNCC holders to changes in the market price of OppFi Class A common stock"],"eventType":"m_and_a","narrative":"BNCCORP stockholders approved the previously announced sale of the company to OppFi in a cash-and-stock transaction, with the vote taking place on September 17, 2026.\n\nUnder the agreement, BNCC stockholders will receive $19.375 per share in cash plus 1.9 shares of OppFi Class A common stock for each BNCC share held.\n\nCompletion remains subject to customary closing conditions, including regulatory approvals; final vote totals will be reported in BNCC's quarterly report for the quarter ended September 30, 2026.\n\nThe deal combines OppFi's online lending platform with BNC National Bank's national charter and banking infrastructure, creating a more diversified digital financial services business.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Shareholder approval clears a key hurdle in BNCCORP's sale to OppFi at $19.375 cash plus 1.9 OPFI shares per share — regulatory sign-off is the last major gate."},"keyFigures":{"customDimensions":{"stockholder_vote_date":"September 17, 2026","oppfi_shares_per_bncc_share":1.9,"cash_consideration_per_share":19.375}},"quotedText":"This stockholder vote is a significant development in the process of\ncompleting this transformative agreement with OppFi.","namedEntities":{"people":[{"name":"Michael Vekich","role":"Chairman of BNCC"},{"name":"Bob McNaney","role":"media contact on behalf of BNCC"}],"products":["OppLoans","BNC digital banking","BNC SBA lending"],"companies":[{"name":"BNCCORP, INC.","ticker":"BNCC","relationship":"filer/target"},{"name":"BNC National Bank","relationship":"wholly owned subsidiary of BNCCORP"},{"name":"OppFi Inc.","ticker":"OPFI","relationship":"acquirer"},{"name":"Bitty Holdings, LLC","relationship":"OppFi holds 35% equity interest; mentioned in background"},{"name":"The McNaney Group","relationship":"PR contact firm"}],"dollarAmounts":[{"amount":"$19.375 per share","context":"cash consideration to BNCC stockholders in the OppFi merger"}]},"materialImpact":{"score":4,"reasoning":"Stockholder approval is a major closing milestone in BNCCORP's previously announced cash-and-stock sale to OppFi, delivering $19.375 per share in cash plus 1.9 OppFi Class A shares per BNCC share. The deal terms were already known and closing still requires regulatory approvals, so this is a procedural step rather than a new market-moving announcement."},"tickerRelevance":{"others":[{"ticker":"OPFI","relevance":"acquirer"}],"primary":"BNCC"},"globalImportance":35,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap OTCQX bank holding company","acquirerTier":"NYSE-listed fintech (OPFI)","eventGravity":"shareholder-approval milestone on previously announced acquisition","remainingRisk":"regulatory approvals pending","householdBrandBoost":null}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"BNCCORP stockholders approved the previously announced sale of the company to OppFi in a cash-and-stock transaction, with the vote taking place on September 17, 2026.\n\nUnder the agreement, BNCC stockholders will receive $19.375 per share in cash plus 1.9 shares of OppFi Class A common stock for each BNCC share held.\n\nCompletion remains subject to customary closing conditions, including regulatory approvals; final vote totals will be reported in BNCC's quarterly report for the quarter ended September 30, 2026.\n\nThe deal combines OppFi's online lending platform with BNC National Bank's national charter and banking infrastructure, creating a more diversified digital financial services business.","key_figures":{"customDimensions":{"stockholder_vote_date":"September 17, 2026","oppfi_shares_per_bncc_share":1.9,"cash_consideration_per_share":19.375}},"named_entities":{"people":[{"name":"Michael Vekich","role":"Chairman of BNCC"},{"name":"Bob McNaney","role":"media contact on behalf of BNCC"}],"products":["OppLoans","BNC digital banking","BNC SBA lending"],"companies":[{"name":"BNCCORP, INC.","ticker":"BNCC","relationship":"filer/target"},{"name":"BNC National Bank","relationship":"wholly owned subsidiary of BNCCORP"},{"name":"OppFi Inc.","ticker":"OPFI","relationship":"acquirer"},{"name":"Bitty Holdings, LLC","relationship":"OppFi holds 35% equity interest; mentioned in background"},{"name":"The McNaney Group","relationship":"PR contact firm"}],"dollarAmounts":[{"amount":"$19.375 per share","context":"cash consideration to BNCC stockholders in the OppFi merger"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-17T20:30:55.685Z","global_importance":35,"audience_relevance":25,"importance_components":{"tickerTier":"micro-cap OTCQX bank holding company","acquirerTier":"NYSE-listed fintech (OPFI)","eventGravity":"shareholder-approval milestone on previously announced acquisition","remainingRisk":"regulatory approvals pending","householdBrandBoost":null}},"durationMs":29254,"modelName":"glm-5.3-flash"}}