Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

nCino, Inc.

nCino, Inc. provides cloud-based software applications for financial institutions in the United States and internationally. Its nCino Bank Operating System, a tenant cloud platform, digitizes, automates, and streamlines complex processes and workflow, and utilizes data analytics and artificial intelligence and machine learning (AI/ML) to enable financial institutions to onboard new clients, make loans, and manage the entire loan life cycle, open deposit and other accounts, and manage regulatory compliance. The firm's nCino IQ is an application suite that utilizes data analytics and AI/ML to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring, and managing credit risk, as well as to enhance their ability to comply with regulatory requirements. The company was founded in 2011 and is headquartered in Wilmington, NC.

Earnings data Q1 2022

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nCino reports strong Q1 performance, eyes revenue growth opportunities

nCino's Q1 performance reflects resilience and strategic focus, with a strong emphasis on R&D investment and the integration of SimpleNexus. While facing challenges in sales and market pressure, the company remains optimistic about opportunities for revenue growth and deal acceleration in the future.

NCNO reports robust Q2 performance and eyes international expansion

NCNO's Q2 performance reflects strong revenue growth and a positive outlook for the fiscal year. The company is focused on expanding its customer base, leveraging intelligence at the point of execution, and driving IT simplification. It also aims to differentiate itself in the market through R&D priorities and multi-solution commitments.

nCino reports strong Q3 performance, eyes growth in consumer lending

nCino's Q3 performance reflects strong revenue growth and improved operating income. The company faces challenges in deal timelines and churn rates but sees opportunities for growth in the consumer lending space and NIC solutions. Overall, nCino remains focused on delivering on commitments and maintaining relationships with existing customers.

nCino exceeds Q4 expectations, eyes strategic growth amidst challenges

nCino's strong Q4 performance and strategic focus position it for continued growth in fiscal '24.
Despite challenges, the company's commitment to innovation and customer expansion drives confidence in its future.
Navigating industry consolidation and emphasizing long-term automation and efficiency improvements are key priorities.

nCino reports robust Q1 earnings, eyes growth amid market challenges

nCino's Q1 performance reflects strong revenue growth, profitability improvements, and international success, with a focus on sustainable growth and operational efficiency.
While challenges like deal implementation delays and revenue stabilization exist, opportunities in market expansion, deal acceleration, and product enhancement offer avenues for future growth.
Overall, nCino's strategic focus on profitable growth, market success, and operational efficiency positions the company well for continued success and revenue growth in fiscal year '24.

nCino reports robust Q2 results, eyes growth in diverse sectors

nCino's Q2 performance reflects revenue growth and operational strength
The company's focus on customer-centric solutions and cross-selling is paying off
Investments in R&D and expanding product offerings signal confidence in future growth

nCino surpasses revenue targets, eyes growth amid market challenges

nCino's Q3 2024 earnings call showcased strong financial performance, exceeding revenue guidance and emphasizing a focus on profitable growth. The company secured significant product wins and highlighted the introduction of AI capabilities.
While facing challenges such as slower deal signings and churn impact, nCino remains optimistic about leveraging opportunities for future expansion. The sales strategy focuses on core account executives driving relationships and aligning pricing with the evolving business model.

nCino ends FY 2024 with record sales, eyes international growth

nCino's strong Q4 performance and international success position it for growth.
Challenges include organizational changes and transitioning to new business models.
Opportunities lie in expanding sales, product growth, and strategic partnerships.

nCino reports robust Q1 results, eyes international growth opportunities

nCino's Q1 performance reflects strong financials, with revenue growth and operational improvements.
The company's focus on automation, expansion of solutions, and strategic investments positions it for future growth.
While facing challenges in market pressures and debt repayment, nCino is leveraging opportunities in international markets and technology.
Overall, nCino's emphasis on efficiency, automation, and customer-centric operations drives its financial services transformation.

nCino surpasses Q2 revenue targets, eyes growth amid churn challenges

nCino's Q2 2025 performance exceeded expectations, showcasing financial strength and operational resilience.
While facing churn challenges, the company's strategic focus on efficiency, client experience enhancement, and market opportunities underpin its growth trajectory.
With a positive market outlook, nCino's emphasis on innovation, expansion, and strategic partnerships sets the stage for continued success and value creation.

nCino surpasses Q3 expectations, eyes global growth opportunities ahead

nCino delivered strong Q3 results, exceeding revenue and operating income expectations. The company's sales momentum, particularly in the U.S. and international markets, showcases its growth potential. With a positive outlook, nCino expects continued revenue growth and operational efficiency improvements in the upcoming quarters.

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nCino, Inc. engages in the provision of cloud-based software applications for financial institutions in the United States and internationally. Its nCino Bank Operating System, a tenant cloud platform, digitizes, automates, and streamlines complex processes and workflow, and utilizes data analytics and artificial intelligence and machine learning (AI/ML) to enable financial institutions to onboard new clients, make loans, and manage the entire loan life cycle, open deposit and other accounts, and manage regulatory compliance. The firm's nCino IQ is an application suite that utilizes data analytics and AI/ML to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring, and managing credit risk, as well as to enhance their ability to comply with regulatory requirements. The company was founded by Pierre Naudé in 2011 and is headquartered in Wilmington, NC.

UK's newest challenger bank dedicated to supporting SMEs to be powered by nCino's single platform UK's newest challenger bank dedicated to supporting SMEs to be powered by nCino's single platform

Alba Bank adopts nCino Cloud Banking Platform for SME lending

LONDON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a strategic partnership with OneSavings Bank (OSB) to provide the institution with a cloud-based single platform that will help streamline traditional banking processes such as underwriting and loan origination. The partnership will support OSB as it further innovates its mortgage and lending operations via technology investments while maintaining a high level of customer service and regulatory compliance.

OneSavings Bank Bolsters its Technology Stack Through Strategic Partnership with nCino

WILMINGTON, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO),  a pioneer in cloud banking for the global financial services industry, will report financial results for its third quarter ended October 31, 2023, after the market close on Wednesday, November 29, 2023.

nCino Announces Timing of its Third Quarter Fiscal Year 2024 Financial Results Conference Call

Citizens Bank, a midwestern community bank, will implement multiple nCino solutions, including Commercial and Mortgage, to create a streamlined workflow.

Citizens Bank Adopts Multiple nCino Solutions to Provide a Seamless Customer Experience Across Lines of Business

Integration improves home loan application pull-through with instant, in-app verification of borrower income and employment MIAMI , Oct. 16, 2023 /PRNewswire/ -- Leading consumer-permissioned data platform Truv today announced a new integration with the Mortgage Suite of home lending solutions from nCino (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry. Traditional verification of loan applicants' income and employment can be time-consuming and expensive for mortgage lenders.

Truv's integration with nCino's Mortgage Suite enables simple income and employment verification for home loan applicants

Honor Bank Successfully Deploys nCino's Commercial Banking Solution

WILMINGTON, N.C., Sept. 25, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ:NCNO), a pioneer in cloud banking for the global financial services industry, will host an Investor Day at its headquarters in Wilmington, NC on September 28, 2023 from 9:00am until approximately 1:00pm ET.

nCino to Host Inaugural Investor Day

Bank accelerates transformation agenda by implementing nCino's single platform solution to streamline processes, improve efficiency and deliver a frictionless experience for customers and employees Bank accelerates transformation agenda by implementing nCino's single platform solution to streamline processes, improve efficiency and deliver a frictionless experience for customers and employees

Bendigo and Adelaide Bank selects nCino to transform its business banking

nCino enhances efficiency to support growth ambitions while helping ensure data security at the Tokyo-based financial institution nCino enhances efficiency to support growth ambitions while helping ensure data security at the Tokyo-based financial institution

The Nomura Trust & Banking Co., Ltd. Successfully Goes Live on the nCino Cloud Banking Platform

Recent enhancements to nCino's Small Business Banking Solution allow banks and credit unions to easily adopt and comply with Section 1071 of the Dodd-Frank Wall Street Reform Consumer Protection Act as part of the end-to-end lending process Recent enhancements to nCino's Small Business Banking Solution allow banks and credit unions to easily adopt and comply with Section 1071 of the Dodd-Frank Wall Street Reform Consumer Protection Act as part of the end-to-end lending process

nCino's Cloud Banking Platform Streamlines Dodd-Frank 1071 Compliance Support for Financial Institutions

But is this resurgence the dawn of a brighter chapter for the banking software company or a fleeting moment of optimism?

Has nCino Finally Bottomed Out After 3-Year Collapse? Is It a Buy?

Adyen NV

Shift4 Payments

Financial technology (fintech) is growing at a rapid pace. In addition to payment processing platforms like PayPal (NASDAQ: PYPL ) and Visa (NYSE: V ), the sector helps companies automate traditional accounting and financial tasks.

3 Up-and-Coming Fintech Stocks to Put on Your Must-Buy List

nCino, Inc. (NASDAQ:NCNO ) Q2 2024 Earnings Conference Call August 29, 2023 4:30 PM ET Company Participants Harrison Masters - Director, IR Pierre Naude - Chairman and CEO Greg Orenstein - CFO Josh Glover - President and Chief Revenue Officer Conference Call Participants Terry Tillman - Truist Securities Charles Nabhan - Stephens James Faucette - Morgan Stanley Nick Altmann - Scotiabank Cris Kennedy - William Blair Joe Vruwink - Baird Jessica Wang - Raymond James J.R. Herrera - Piper Sandler Jackson Ader - MoffettNathanson Adam Bergere - Bank of America Saket Kalia - Barclays Ken Suchoski - Autonomous Research Alex Markgraff - KBCM Operator Good day and thank you for standing by, and welcome to nCino Second Quarter Fiscal Year 2024 Financial Results Conference Call.

NCino, Inc. (NCNO) Q2 2024 Earnings Call Transcript

• Total Revenues of $117.2M , up 18% year-over-year • Subscription Revenues of $99.9M , up 18% year-over-year WILMINGTON, N.C., Aug. 29, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the second quarter of fiscal year 2024, ended July 31, 2023.

nCino Reports Second Quarter Fiscal Year 2024 Financial Results

WILMINGTON, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- nCino, Inc.  (NASDAQ: NCNO),  a pioneer in cloud banking for the global financial services industry, will report financial results for its second quarter ended July 31, 2023, after the market close on Tuesday, August 29, 2023. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

nCino Announces Timing of its Second Quarter Fiscal Year 2024 Financial Results Conference Call

nCino to provide WaterStone with a single, end-to-end solution for all lending activities nCino to provide WaterStone with a single, end-to-end solution for all lending activities

WaterStone Bank Upgrading to the nCino Cloud Banking Platform Across All In-house Lending

API integration connects SimpleNexus, an nCino Company, mobile-first homeownership solution with MortgagebotLOS to simplify U.S. home lending API integration connects SimpleNexus, an nCino Company, mobile-first homeownership solution with MortgagebotLOS to simplify U.S. home lending

SimpleNexus, an nCino Company, Builds Integration with Finastra's MortgagebotLOS

QUALCOMM

Taiwan Semiconductor Manufacturing

The year 2023 has been a massive time for the market's top tech stocks. The Nasdaq posted record gains for the first half of the year as investors came rushing into both the mega-cap tech titans and newer winners in fields such as artificial intelligence ( AI ).

3 Tech Stocks That Are Screaming Buys Right Now: July 2023

Cloud provider nCino, which offers a Bank Operating System to manage key functions within banks, is reportedly up for sale or seeking a transaction, causing a 30% jump in share price. Despite strong revenue growth, concerns about nCino's bottom line and changing market conditions could result in a disappointing payout per share for common shareholders in any takeover deal. The company's ownership structure, with Insight Venture controlling 35% of the company, could also influence the terms of any deal, with a potential price range between $22 to $35 per share predicted.

nCino: A Takeover Might Be At A Not-So-Generous Valuation

Growth to decline from historical 30%-50% to 16%-17% in FY 2024 as NCNO faces slowdown across larger enterprise deals. Fundamentals are not exceptional but decent and improving. Downside risk remains moderate today, while the stock appears fully valued in my opinion. I rate the stock neutral.

nCino: Challenged Outlook And Fully Valued

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that showed a surprising resilience in consumer spending.

FinTech IPO Index Slips 2.7% Despite nCino's Surge on Deal Rumors

Two banking software companies saw their stock rise Friday (June 16) after a report that one is considering a takeover offer. nCino's stock leaped 25% Friday, while that of one of its competitors, Q2 Holdings, rose 5%, Seeking Alpha reported Friday.

Banking Software Company nCino Reportedly Considering Takeover Offers

Bidirectional integration brings a world-class homebuying experience and mobile origination toolset to financial institutions and independent mortgage banks Bidirectional integration brings a world-class homebuying experience and mobile origination toolset to financial institutions and independent mortgage banks

SimpleNexus, an nCino Company, Announces New Integration with Empower, Black Knight's Comprehensive Loan Origination System

Adjusted earnings and revenue beat consensus estimates. The company also provided guidance for its full fiscal year of 2024.

Why Shares of nCino Are Falling Today

nCino, Inc. (NASDAQ:NCNO ) Q1 2024 Earnings Conference Call May 31, 2023 4:30 PM ET Company Participants Harrison Masters - Investor Relations Pierre Naude - Chairman, Chief Executive Officer Greg Orenstein - Chief Financial Officer Josh Glover - President, Chief Revenue Officer Conference Call Participants Charles Nabhan - Stephens Nick Altmann - Scotiabank Terry Tillman - Truist Securities James Faucette - Morgan Stanley Robert Napoli - William Blair Kenneth Suchoski - Autonomous Research Jackson Ader - SVB MoffetNathanson Josh Beck - KeyBanc Operator Good day, and thank you for standing by. Welcome to nCino First Quarter Fiscal Year 2024 Financial Results Conference Call.

News for nCino, Inc. Stock (NCNO)