OppFi Withdraws Federal Applications for Proposed BNC Acquisition
OppFi withdrew applications to the OCC, Federal Reserve and FDIC related to its proposed acquisition of BNCCORP and BNC National Bank. The company reaffirmed revised full-year 2026 guidance.
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01:36:05 PM UTC
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OPPFI: HAS NOT HAD A "MEANINGFUL OPPORTUNITY TO ENGAGE WITH FEDERAL REGULATORS TO ADDRESS POTENTIAL
OppFi withdrew applications to the OCC, Federal Reserve and FDIC related to its proposed acquisition of BNCCORP and BNC National Bank. It reaffirmed its revised full-year 2026 guidance.Material DetailsContext by AI AnalystThis is a setback to OppFi's proposed acquisition, while the company says its…