Recent Updates — OPFI

OppFi Inc. reported third-quarter 2026 results with total revenue of $149.2 million, a 3.8% decline year over year, driven by lower receivables balances and yield. Net income attributable to OppFi was $34.5 million, or $0.40 diluted EPS, compared to $75.9 million in the prior-year period. Adjusted net income fell 22.5% to $31.6 million, or $0.37 adjusted diluted EPS. The company repurchased $6.7 million of common stock during the quarter and updated its full-year 2026 guidance, lowering total revenue expectations to a range of $600 million to $610 million and adjusted net income to $115 million to $120 million. OppFi operates as a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans.

OppFi Inc.'s subsidiary borrowed $75.0 million under a Senior Secured Multi-Draw Term Loan Agreement with a maximum commitment of $100.0 million, bearing interest at 12.50% prior to the pending acquisition of BNCCORP and its bank subsidiary, rising to 13.50% thereafter. The loan matures in four years with semi-annual amortization and is secured by assets including equity interests in special purpose vehicles holding consumer loan receivables. Additionally, BNCCORP stockholders approved the merger agreement on September 17, 2026, subject to regulatory approvals. OppFi Inc. operates in the financial technology sector, providing digital lending solutions.