nCino(NCNO)

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nCino Announces Preliminary First Quarter Fiscal Year 2026 Financial Results Exceed Top End of Guidance
Globenewswire· 2025-05-20 13:00
Core Insights - nCino, Inc. announced preliminary financial results for Q1 2025, exceeding the top end of previously disclosed guidance for Total Revenues, Subscription Revenues, and non-GAAP Operating Income [1] Financial Performance - The company will report its first quarter fiscal 2026 results on May 28, 2025, after market close [2] - The preliminary results mentioned are unaudited and subject to change [2] Investor Engagement - nCino is hosting its Investor Day on May 20, 2025, at 1:00 p.m. ET, which will be webcast live [3] - A replay of the event and related materials will be available on the company's Investor Relations website [3] Company Overview - nCino is a leading provider of intelligent banking solutions, helping financial institutions digitize and improve business processes [4] - The company serves over 2,700 customers globally, including community banks, credit unions, and large financial entities [4] - nCino integrates AI and actionable insights into its platform to enhance decision-making, risk management, and customer satisfaction [4]
nCino Unveils Transformative AI-Powered Banking Solutions at nSight 2025
Globenewswire· 2025-05-20 12:30
Core Insights - nCino has introduced new AI-powered innovations aimed at enhancing the efficiency and competitiveness of financial institutions through intelligence-driven automation [1][2][3] - The company has launched the nCino Research Institute to provide economic insights and actionable strategies for banking growth [1][6] Company Developments - Sean Desmond, nCino's CEO, emphasized the company's transition from a workflow pioneer to a leader in global data and intelligence, marking a "new era in financial services" [2] - The latest product enhancements focus on predictive, prescriptive, and personalized tools tailored for banking, leveraging advanced AI to address key challenges in the sector [3][4] Product Innovations - Continuous Credit Monitoring (CCM) provides proactive alerts and risk assessments to identify at-risk relationships early [5] - Quick Quote with Banking Advisor allows for rapid auto loan quotes and streamlined client interactions [5] - Onboarding processes have been simplified through real-time data capture and intelligent document processing, significantly improving client experiences [5] - Document Validation and Mortgage Advisor utilize AI to enhance document validation and mortgage origination processes [5][6] - Commercial Banking onboarding time has been reduced from months to days, with one institution achieving a 74% reduction in document processing time [5] - Consumer Banking account opening time has decreased from 30 minutes to just minutes, reducing customer abandonment rates [5] - Small Business Banking has seen loan decisions accelerated by 62% and application abandonment rates reduced by 41% [5] - Real-time document validation in Mortgage Lending has cut documentation completion time by 47% and inquiries by 68% [6] Strategic Initiatives - The nCino Research Institute aims to analyze economic trends and provide banking benchmark data to help clients navigate an unpredictable economic landscape [6][7] - The institute is supported by a panel of experts focused on fostering innovation and resilience in the financial industry [7] Industry Context - nCino serves over 2,700 customers globally, including community banks, credit unions, and large financial entities, by integrating AI and actionable insights into its platform [9]
nCino Announces Timing of its First Quarter Fiscal Year 2026 Financial Results Conference Call
GlobeNewswire News Room· 2025-05-14 11:30
INVESTOR CONTACT WILMINGTON, N.C., May 14, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, will report financial results for its first quarter ended April 30, 2025, after the market close on Wednesday, May 28, 2025. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results. Event: nCino's First Quarter Fiscal Year 2026 Financial Results Conference Call Date and Time: Wednesday, May 28, 20 ...
Pinwheel and nCino Partner to Offer Direct Deposit Switching
Prnewswire· 2025-05-08 13:00
Core Insights - nCino partners with Pinwheel to enhance account activation and primary banking relationships through integrated deposit switching solutions [1][2][5] - Pinwheel's technology significantly improves deposit switch conversion rates, outperforming competitors by 30% [2] - The integration addresses consumer hesitance in switching banks due to the complexities of direct deposit transfers, with over 40% of new accounts remaining inactive [3] Partnership Details - The partnership will create an integration between nCino's Consumer Banking Solution and Pinwheel Deposit Switch, streamlining the account activation process for banks and credit unions [2][5] - Pinwheel's PreMatch feature simplifies the direct deposit switching process to a two-click experience, enhancing user convenience [4] Market Opportunity - A significant 70% of consumers express willingness to switch banks if direct deposits could be transferred instantly, indicating a strong market demand for improved banking solutions [5] - Pinwheel's extensive network includes over 1,800 payroll platforms, covering nearly all U.S. workers paid via direct deposit, positioning it as a leader in the direct deposit switching market [3][6] Company Background - Pinwheel has raised $77 million from notable investors and provides tools for banks and fintechs to facilitate deposit switching and bill management [6]
nCino to Host 2025 Investor Day
Globenewswire· 2025-05-06 20:35
Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [3] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [3] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [3] Investor Day Announcement - nCino will host its Investor Day on May 20, 2025, in Charlotte, North Carolina, from 1:00 to 3:00 pm EST [1] - The event will be part of nSight, nCino's annual conference, taking place from May 19-21, 2025 [1] - Attendance to the Investor Day is by invitation only for institutional investors and analysts, and the event will be webcast live [1][2]
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of nCino, Inc. (NASDAQ: NCNO)
Prnewswire· 2025-05-01 15:52
Core Viewpoint - Purcell & Lefkowitz LLP is investigating nCino, Inc. to determine if its directors breached fiduciary duties related to recent corporate actions [1] Group 1 - The investigation is on behalf of nCino, Inc. shareholders [1] - Shareholders interested in more information about their rights and options are encouraged to contact the law firm [1] - The law firm offers consultations at no cost or obligation to shareholders [1] Group 2 - Purcell & Lefkowitz LLP specializes in representing shareholders affected by securities fraud and corporate misconduct [2] - The firm emphasizes its commitment to protecting shareholder rights nationwide [2]
Banque Raiffeisen Partners with nCino for Intelligent Loan Management to Drive Credit Chain Digitalization
Globenewswire· 2025-04-30 06:30
Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, recently expanding its presence in Europe by partnering with Banque Raiffeisen in Luxembourg [1][4] - Banque Raiffeisen, established in 1926, is Luxembourg's only cooperative bank, known for its commitment to customer-centric values [2][5] Partnership Details - The partnership aims to digitize Banque Raiffeisen's loan and credit chain management, enhancing operational efficiency and regulatory compliance [1][2] - nCino's platform will enable faster loan processing and a seamless digital customer experience for Banque Raiffeisen [2][3] Market Impact - This collaboration marks nCino's entry into the Luxembourg market, expanding its customer base to over twenty countries globally [3] - nCino offers AI-powered solutions across various banking sectors, including commercial onboarding, SME banking, and mortgage lending, aimed at automating processes and improving client experiences [3][4] Strategic Vision - nCino emphasizes the transformative potential of AI and intelligence-driven solutions in the financial services sector, positioning itself as a trusted partner for financial institutions [3][4] - The company integrates AI and actionable insights into its platform to enhance decision-making, risk management, and customer satisfaction [4]
Zions Bancorporation to Implement nCino Platform and Intelligent Solutions as the Technology Foundation of its Lending End-to-End Process Transformation
Newsfilter· 2025-04-15 11:30
WILMINGTON, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ:NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Zions Bancorporation has selected nCino as its technology platform as they digitally transform their loan origination process. Zions Bancorporation is a collection of extraordinary, locally led and community-focused banks serving businesses, households and local governments in some of the best growth markets in the nation. Zions' focus is ...
nCino: Downgrade To Sell As Macro Backdrop Has Gotten Dramatically Worse
Seeking Alpha· 2025-04-03 13:10
My previous investment thought on nCino, Inc. (NASDAQ: NCNO ) (published in January) was a downgrade to a hold rating because I was very worried about the negative macro developments. About two and a half months laterI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ult ...
nCino shares slide on earnings miss
Proactiveinvestors NA· 2025-04-02 16:02
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]