Core Viewpoint - Alkami Technology, Inc. is set to report its financial results for the second quarter of 2025 on July 30, 2025, after market close [1] Group 1: Financial Reporting - The financial results will cover the period ended June 30, 2025 [1] - A conference call will be held at 5:00 p.m. ET on the same day to discuss the results with investors [2] - A live webcast of the conference call will be available on the Alkami investor relations website [2] Group 2: Company Overview - Alkami is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S. [3] - The company enables clients to grow confidently, adapt quickly, and build thriving digital communities [3] - Alkami's services include retail and business banking, onboarding and account opening, payment security, and data and marketing solutions [3]

Core Insights - The U.S. stock market is anticipated to remain volatile due to rising inflation pressures from new tariffs and uncertainty surrounding corporate earnings [2] - A curated portfolio of low-beta stocks is recommended as a strategy to navigate this volatility [2][3] Stock Analysis - **Vipshop Holdings Limited (VIPS)**: The company utilizes the "Made for Vipshop" program, offering exclusive products from over 200 brands, which drives customer loyalty and demand [8][10] - **Alkami Technology Inc (ALKT)**: The firm is experiencing increased demand from banks and credit unions, particularly due to its acquisition of MANTL, which simplifies account opening processes [11][10] - **Futu Holdings Limited (FUTU)**: As a tech-driven company, Futu is enhancing its online investment platform, recently introducing Futubull AI, a smart assistant for investment inquiries [12][10] - **Verona Pharma plc (VRNA)**: The company's drug Ohtuvayre is a significant advancement in COPD treatment, being the first inhaled therapy with a new mechanism in over two decades, providing dual benefits of bronchodilation and anti-inflammatory effects [13][10] Screening Criteria - Stocks with a beta between 0 and 0.6 are prioritized for lower volatility compared to the market [6] - Additional criteria include positive price movement over the last month, average trading volume greater than 50,000, a minimum price of $5, and a Zacks Rank of 1 indicating strong buy potential [7]

Core Insights - Towpath Credit Union has successfully completed a comprehensive digital transformation using Alkami's Digital Banking Platform, enhancing member experience and operational efficiency [1][4] - The credit union's product adoption increased from 1.7 to 2.45 products per member, with a year-over-year revenue growth of 15% [4] - Towpath is utilizing Alkami's Data & Marketing Solution to improve member engagement through targeted campaigns, resulting in over 800 members switching to e-documents and generating approximately $2.6 million in auto loan business [2][4] Company Overview - Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S., focusing on enabling clients to grow and adapt quickly [6] - Towpath Credit Union serves over 26,000 members, offering a full range of financial services and emphasizing community-focused financial opportunities [7] Strategic Initiatives - Towpath's leadership aimed to eliminate digital limitations and provide a seamless experience that competes with larger financial providers while maintaining personal service [3][4] - The credit union's enhanced digital tools include integrated card controls, credit score monitoring, transaction enrichment, and account aggregation, fostering deeper member relationships [4][5]

Core Insights - MANTL has integrated Plaid Layer to provide regional and community financial institutions with instant onboarding capabilities similar to leading neobanks, enhancing their competitive edge in the digital banking landscape [1][4][5] Group 1: Integration Benefits - The integration allows MANTL to reduce account opening times to one minute, significantly improving the onboarding experience for both consumers and businesses [2][6] - Financial institutions using Plaid Layer have reported up to a 25% increase in end-to-end conversion rates, demonstrating the effectiveness of the technology [6] - The streamlined onboarding process eliminates friction by collecting identity information and linking external accounts quickly, ensuring a secure and optimized experience [2][5] Group 2: Market Positioning - MANTL aims to empower regional and community banks to compete with larger institutions like Chase and Chime by providing access to advanced technologies [4][5] - Over 100 MANTL customers currently utilize Plaid solutions, achieving a 37% higher application booking rate, which underscores the positive impact of the integration [4][6] - MANTL's partnership with Plaid enhances its commitment to innovation and supports the growth of community financial institutions in a digital-first environment [3][4]

Core Insights - The research study by Alkami Technology highlights a widening relevance gap between consumer expectations and the offerings of regional and community financial institutions, emphasizing the need for a more anticipatory banking experience [1][2][5]. Group 1: Research Findings - The study involved 1,500 participants, weighted to reflect the 2020 US Census demographics, focusing on active digital banking users [3]. - Key generational differences were identified, with Generation Z seeking immediacy and personalization, while baby boomers focus on retirement planning [3]. - Financial institutions are provided with a roadmap to engage each generation effectively through trusted channels [3]. Group 2: Consumer Expectations - 84% of digital banking users consider the quality of the digital banking experience a top factor in selecting a provider [5]. - 50% of digital banking Americans are open to switching providers for a better digital experience, with 31% having already made the switch [5]. - 46% of digital banking consumers feel their primary financial provider could better anticipate their financial needs and goals [5]. Group 3: Opportunities for Financial Institutions - A significant opportunity exists for financial institutions to guide intergenerational wealth transfers, as 37% of digital banking Americans expect to receive an inheritance in the next 10–20 years [5]. - The demand for a streamlined digital account opening process is evident, with 41% of consumers more likely to change providers for a 5-minute account opening experience [5]. - The study indicates that only 38% of regional and community financial institution account holders found their provider's product recommendations more relevant over the past year, compared to 53% for neobanks and 45% for megabanks [5].

Core Insights - Alkami Technology, Inc. has launched Out-of-the-Box Campaigns, a feature aimed at enhancing marketing efficiency for financial institutions by enabling quick, data-driven campaign execution [1][4] - The new campaigns are designed to simplify the marketing process, allowing banks and credit unions to engage their audiences effectively with minimal setup [2][4] Group 1: Product Features - Out-of-the-Box Campaigns streamline audience segmentation, allowing financial marketers to launch targeted, multi-channel engagements in minutes [1][2] - Each campaign targets specific marketing objectives such as deposit growth, loan engagement, and account holder activation, with automated performance tracking for real-time insights [4][8] - The campaigns are built on proven, data-driven use cases, eliminating the complexity of traditional marketing execution [2][4] Group 2: Market Impact - The ability to launch campaigns quickly without extensive planning or technical expertise is expected to enhance marketing efficiency and deepen engagement across key member segments [3][4] - Alkami's Data & Marketing Solution is integral to its Digital Sales & Service Platform, which supports financial institutions in delivering timely and intentional campaigns [5] Group 3: Company Background - Alkami Technology, Inc. is recognized as a leading cloud-based digital banking solutions provider in the U.S., helping clients grow and adapt in the digital landscape [6] - The company has received accolades from J.D. Power for providing an outstanding mobile banking platform experience in 2024 and 2025 [6]

Core Viewpoint - The digital banking space is identified as an attractive investment arena, with a focus on companies like Alkami Technology and Q2 Holdings, which are modernizing customer-facing software for credit unions and regional banks [1][3]. Company Summaries - **Alkami Technology**: - Rated as Overweight by the analyst, with organic revenue growth exceeding 20% and trading at six times EV/Sales for 2026E [4]. - Holds less than 5% market share in a ~$10 billion market, with up to 60% of the market being an addressable opportunity [3]. - Benefits from high customer retention and long contract lengths, supporting revenue visibility [1]. - **Q2 Holdings**: - Also rated as Overweight, with similar characteristics to Alkami Technology in terms of customer retention and contract lengths [1]. - Holds less than 10% market share in the same ~$10 billion market, with significant growth potential [3]. - **nCino**: - Rated as Neutral, focusing on cloud-based banking software solutions for financial institutions [2]. - The analyst has noted idiosyncratic factors that have kept her on the sidelines regarding nCino compared to broader vertical SaaS [2]. Market Dynamics - The digital banking industry is characterized by a defensive monetization model based on the number of bank accounts and products subscribed to by banks [2]. - The opportunity for improving bank efficiency is described as seemingly limitless, indicating a strong growth potential for the sector [2]. Price Actions - As of publication, stock prices are as follows: - Alkami Technology (ALKT) is up 5.26% at $28.24 - Q2 Holdings (QTWO) is up 3.56% at $89.07 - nCino (NCNO) is down 0.44% at $26.96 [5].

Core Insights - Alkami Technology, Inc. has been awarded the Best New Community at the 2025 CMX Community Industry Awards for its successful customer-driven community experience [1][2]. Company Overview - Alkami is a leading cloud-based digital banking solutions provider for financial institutions in the U.S. [6]. - The company focuses on enabling clients to grow confidently, adapt quickly, and build thriving digital communities through various banking and marketing solutions [6]. Community Development - The Alkami Community was launched in April 2024, featuring an open-access experience with role-based permissions, self-registration, streamlined navigation, and real-time analytics [3]. - The community aims to connect users, share best practices, and provide self-service options, transitioning to Gainsight's Customer Communities solution [3]. Customer Engagement Metrics - The community has achieved a 96.6% customer adoption rate, with nearly every customer represented [7]. - Customer satisfaction is high, with an 85% score and the majority of members rating the community as highly valuable [7]. - Membership has grown from 275 to over 3,600 users [7]. - The community hosted over 35 events, achieving a 67% attendance rate and a 96% customer satisfaction score [7]. Leadership Statements - Wayne McCulloch, chief customer officer, emphasized the importance of a thriving customer community for delivering long-term value [4]. - Aaron White, senior community manager, highlighted the initiative's success in creating a hub for connection, feedback, and shared success [4].

Core Insights - The 2025 Update to the Retail Digital Sales & Service Maturity Model reveals significant differences in digital maturity among U.S. financial institutions, emphasizing the importance of digital maturity as a driver of growth and efficiency in banking [1][2] Digital Maturity Findings - Financial institutions are segmented into four maturity stages, with the most digitally mature institutions reporting significantly higher revenue growth, indicating that institutional size alone does not determine maturity [2][4] - The most advanced institutions are leveraging AI and advanced data capabilities, with 42% of them actively using generative AI, compared to only 26% of the least mature institutions [3][4] Revenue Growth and Performance - Digital maturity is correlated with growth, with the most advanced institutions experiencing up to 5 times higher annual average revenue growth than their less mature peers [4] - One-third of the most mature institutions have less than $500 million in assets, while 13% of the least mature institutions have more than $5 billion in assets, highlighting that smaller institutions can also achieve high digital maturity [4] Security and Fraud Mitigation - There are notable differences in fraud mitigation practices and cybersecurity measures between the most digitally mature segments, with Digital-Forward institutions leading in fraud prevention and Data-First institutions offering consumer incentives for improved cybersecurity [4] Employee Experience and Technology - The most mature institutions have more intuitive administrative interfaces, with 38% of Digital-Forward and 53% of Data-First institutions reporting that their digital banking admin consoles are more intuitive than other technologies [4]

Group 1 - Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S. [2] - The company will present at the 45th Annual William Blair Growth Stock Conference on June 4, 2025, with CEO Alex Shootman and CFO Bryan Hill participating [1] - A webcast and replay of the conference will be available on the company's investor relations website [1] Group 2 - Alkami's solutions enable clients to grow confidently, adapt quickly, and build thriving digital communities [2] - The company focuses on transforming retail and business banking, onboarding and account opening, payment security, and data and marketing solutions [2]