---
title: "OppFi to File S-4 for BNCC Acquisition, Highlights $140M Adj. Net Income in 2025 and $500M Target"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289910824.md"
description: "OppFi announced plans to file an S-4 for its proposed acquisition of BNCCORP, aiming to create a pro forma bank with over $1.0B in deposits and $140M adjusted net income by 2025. The company targets $500M adjusted net income within five years through synergies and expansion."
datetime: "2026-06-16T11:23:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289910824.md)
  - [en](https://longbridge.com/en/news/289910824.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289910824.md)
generator: "portal-rs"
---

# OppFi to File S-4 for BNCC Acquisition, Highlights $140M Adj. Net Income in 2025 and $500M Target

**OppFi announced an investor presentation outlining a proposed acquisition of BNCCORP, a path to a pro forma bank with $1.0B+ deposits and $140M adjusted net income in 2025, targeting $500M adjusted net income within five years.**

**Key Highlights:**

-   Filed Form 8-K furnishing an investor presentation and said it will file a Form S-4 for the proposed BNCC acquisition.
-   Pro forma at close: ~$2.0B total assets, ~$1.4B loans and ~ $1.0B deposits, leveraging BNCC’s core deposit base.
-   Reported Adjusted Net Income of $139.8M for FY 2025 and $140M shown as 2025 adjusted net income.
-   Management projects >25% adjusted net income margin, >90% net interest income margin and cost of deposits under 3% post-combination.
-   Strategic targets: $500M adjusted net income in five years via consumer, pro forma bank synergies and SMB expansion (+$185M, +$75M, +$100M).

Original SEC Filing: OppFi Inc. \[ OPFI \] - 8-K - Jun. 16, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**