BNCCORP
BNCCORP is a North Dakota-based bank holding company operating BNC National Bank, providing community banking and wealth management services to individuals and small-to-medium-sized businesses across Arizona and North Dakota, with approximately $1.1 billion in assets.
- Company typePublic
- Founded1987
- HeadquartersBismarck, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What BNCCORP does
BNCCORP, INC. (OTCQX: BNCC) is a Bismarck, North Dakota-based registered bank holding company founded in 1987 that operates community banking and wealth management services through its wholly owned subsidiary, BNC National Bank, with a national bank charter. The company serves individuals and small-to-medium-sized businesses across Arizona and North Dakota via physical branches and wealth management offices, with approximately $1.1 billion in total assets and $1.0 billion in deposits as of December 31, 2025. The core revenue engine is net interest income — the spread between interest earned on loans and interest paid on deposits — supplemented by wealth management and traditional banking fees.
Q1 2026 results showed net interest income of $9.2 million (up 17.4% year-over-year) and net income of $2.2 million ($0.61 per diluted share, up 22.7%), with net interest margin expanding 10 basis points to 3.59%. The business model is relationship-based community banking rather than digital origination: go-to-market is through physical branches, customer segments are horizontal (retail consumers and SMBs), and pricing follows standard community-bank fee and rate structures. Technology is conventional core-banking infrastructure with no disclosed AI/ML capabilities, proprietary models, or platform differentiation.
In April 2026, BNCCORP entered into a definitive agreement to be acquired by OppFi Inc., a Chicago-based digital finance platform listed on the NYSE, in a cash and stock transaction valued at approximately $130 million (1.2x book value of $107 million). The combination is expected to close in Q4 2026 subject to stockholder and regulatory approvals and would create an approximately $2 billion-asset entity pairing OppFi's machine-learning-driven digital lending platform with BNCCORP's bank charter and stable deposit base. Prior strategic actions include the April 2023 divestiture of the mortgage business and the 2020 closure of the Golden Valley branch with loans and deposits sold to Coulee Bank.
BNCCORP firmographics
Firmographics- Name
- BNCCORP
- Legal name
- BNCCORP, INC.
- Website
- https://bnccorp.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- BNCCORP is a North Dakota-based bank holding company operating BNC National Bank, providing community banking and wealth management services to individuals and small-to-medium-sized businesses across Arizona and North Dakota, with approximately $1.1 billion in assets.
- Ownership category
- akta.pro rank
BNCCORP industry classification
Industry- Product category
- Community Banking
- NAICS
- Offices of Bank Holding Companies (551111), Savings Institutions and Other Depository Credit Intermediation (52218)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)
Keywords
Where BNCCORP is headquartered
LocationHeadquarters
- HQ city
- Bismarck
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
BNCCORP business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D
Revenue model
- Net Interest Income: Interest income from lending activities minus interest paid on deposits. Core banking revenue stream from the spread between interest earned on loans and interest paid on customer deposits. Q1 2026 net interest income was $9.2 million with net interest margin of 3.59%.
- Deposit Taking and Banking Services: Traditional community banking services including deposit accounts, lending products, and wealth management services for individuals and businesses.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
BNCCORP product offering
Product offeringCore offering
BNCCORP is a registered bank holding company that provides community banking and wealth management services through its wholly owned subsidiary, BNC National Bank. The company operates community banking branches and wealth management offices in Arizona and North Dakota, serving individuals and small-to-medium-sized businesses with deposit accounts, lending products, and traditional relationship-based banking services.
Product overview
BNCCORP operates as a bank holding company providing banking and wealth management services through its wholly owned subsidiary BNC National Bank. The company offers community banking services (deposits, loans, and related financial products) and wealth management services to individuals and small-to-medium-sized businesses, primarily serving Arizona and North Dakota markets through its branch network.
Differentiator
Problem solved
Functional benefit
Products and services
- BNC National Bank Community Banking Community-focused commercial bank providing deposit accounts, lending products, and traditional banking services to individuals and small-to-medium-sized businesses through physical branches in Arizona and North Dakota.
- Wealth Management Services
Quantifiable outcome
- Net interest margin expansion of 10 basis points to 3.59%
- +2 more outcomes
Companies that use BNCCORP
Customer profileSegments2 records
Ideal customer profiles1 record
BNCCORP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BNCCORP partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights4 records
BNCCORP competitors and assessment
Company assessmentDirect peers
- Univest Financial Corporation: Bank holding company providing community banking, lending, and wealth management services to individuals and businesses—comparable in customer mix, product set, and community-bank holding company structure to BNCCORP.
- Stock Yards Bancorp: Community-focused bank holding company with comparable asset size (~$8B), operating through branch networks serving individuals and small-to-medium businesses with deposit, lending, and wealth management products—directly analogous to BNCCORP's community banking model.
- National Bankshares: Small community bank holding company (~$1.4B assets) operating a community-focused commercial bank serving individuals and businesses, closely comparable in asset size, geographic concentration, and customer base to BNCCORP.
- Citizens & Northern Corporation: Community bank holding company of similar scale providing traditional banking and wealth management services to retail and small business customers through a branch-based distribution model—directly comparable to BNCCORP's strategy.
- Tompkins Financial Corporation: Community-focused bank holding company offering banking, lending, and wealth management through branches in select markets; while larger, it operates the same community-banking-with-wealth-management model as BNCCORP.
- MidWestOne Financial Group: Community-oriented bank holding company offering deposit, lending, and wealth management services through branches in small-to-mid-sized markets, comparable in business mix and customer segments to BNCCORP.
- Hawthorn Bancshares: Community bank holding company of comparable size (~$1.5B assets) operating through community bank subsidiaries serving small businesses and consumers, with traditional deposit and lending products mirroring BNC National Bank's offerings.
- Western New England Bancorp: Bank holding company operating community banks serving consumers and small businesses with traditional banking and wealth services—directly analogous in size, model, and product offering to BNCCORP/BNC National Bank.
Emerging players
- OppFi Inc. Tech-enabled digital finance platform acquiring BNCCORP; relevant as the strategic acquirer combining its ML-driven lending platform with BNC's regulated bank charter and deposit base to create a differentiated fintech-bank hybrid.
Regional players
- Bell Bank: Large community-focused bank with significant North Dakota presence, offering community banking and wealth management services—directly comparable as a regional competitor in BNCCORP's North Dakota market.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
BNCCORP financial estimates
Financial estimateRevenue estimate
Valuation estimate
BNCCORP leadership team
Management profileNumber of profiles
Profiles1 record
BNCCORP subsidiaries and ownership
Company hierarchySubsidiaries1 record
BNCCORP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BNCCORP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BNCCORP
What does BNCCORP do?
BNCCORP is a registered bank holding company that provides community banking and wealth management services through its wholly owned subsidiary, BNC National Bank. The company operates community banking branches and wealth management offices in Arizona and North Dakota, serving individuals and small-to-medium-sized businesses with deposit accounts, lending products, and traditional relationship-based banking services.
Is BNCCORP a public or private company?
BNCCORP is a public company. It is classified as public and is currently operating.
When was BNCCORP founded?
BNCCORP was founded in 1987. It employs 101 to 250 people.
Where is BNCCORP based?
BNCCORP is headquartered in Bismarck, United States, in the North America region.
How does BNCCORP make money?
Two revenue lines are on record. Net Interest Income is the primary driver. The others are deposit Taking and Banking Services.
Who are BNCCORP's main competitors?
Direct peers on record are Univest Financial Corporation, Stock Yards Bancorp, National Bankshares, Citizens & Northern Corporation, Tompkins Financial Corporation, MidWestOne Financial Group, Hawthorn Bancshares and Western New England Bancorp. OppFi Inc. is listed as an emerging player. Bell Bank is listed as a regional player.
Does BNCCORP have an API?
No public API is recorded for BNCCORP.
What industry is BNCCORP in?
BNCCORP's product category is Community Banking. Its primary akta.pro industry code is FSABAEAF, Cooperative Banks (Member-Owned Commercial/Retail). Its NAICS code is 551111 and its SIC code is 6022.