• Total Revenues of $144.1M, up 13% year-over-year• Subscription Revenues of $125.6M, up 14% year-over-year WILMINGTON, N.C., May 28, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced financial results for the first quarter of fiscal year 2026, ended April 30, 2025. "Strong execution drove financial results above guidance, underscoring our ability to deliver value for shareholders and customers," said Sean Desmond, CEO ...

Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, focusing on helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [2] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [2] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [2] Investor Conferences - nCino will participate in several upcoming investor conferences, including: - Baird's 2025 Global Consumer, Technology, & Services Conference on June 3 at 9:40 a.m. ET - BofA Securities 2025 Global Technology Conference on June 5 at 10:40 a.m. PT (1:40 p.m. ET) - Morgan Stanley US Financial Conference on June 10 at 4:00 p.m. ET [1] Access to Information - Live webcasts and replays of the presentations will be available on the company's investor relations website [1]

T U E S D AY M AY 2 0 , 2 0 2 5 Cautionary Note Regarding Forward-Looking Statements, Disclaimers and Financial Measures This presentation contains forward-looking statements about nCino's financial and operating results, which include statements regarding nCino's first quarter fiscal 2026 financial results, future performance, outlook, guidance, the assumptions underlying those statements, the benefits from the use of nCino's solutions, our strategies, and general business conditions. Forward- looking stat ...

Summary of nCino Conference Call Company Overview - **Company**: nCino - **Industry**: Financial Services Technology (FinTech) - **Key Metrics**: Over $540 million in revenue, primarily from subscription services, and a customer base of over 2,700 financial institutions globally [7][8][9] Core Points and Arguments Financial Performance and Market Position - nCino has established itself as a leader in providing cloud-based solutions for financial institutions, with a focus on efficiency and transformation [8][9] - The company is pivoting towards AI integration, aiming to enhance customer experiences and operational efficiencies [17][20] - nCino's platform is unique in that all customers operate on a single code base, allowing for scalable solutions across various financial sectors [10][46] Growth Opportunities - **Geographic Expansion**: Plans to penetrate markets in EMEA, Japan, and Latin America, leveraging existing partnerships and channel models [11][12][54] - **Vertical AI Opportunity**: Emphasis on AI to transform banking processes, with a focus on onboarding, loan origination, and portfolio management [15][47] - **Cross-Selling Potential**: Significant opportunities exist in cross-selling existing solutions to current customers, with only 30% penetration in commercial solutions and less than 15% in consumer solutions [48][49] Customer Success Stories - Fifth Third Bank reported achieving project success in one-fifth the time and at half the cost compared to traditional methods, showcasing the efficiency of nCino's solutions [21][20] - First Citizens Bank is beginning its journey with nCino, focusing on consumer lending, which reflects the adaptability of nCino's platform to various banking needs [41][42] Strategic Initiatives - **Project SEB0**: An internal initiative aimed at deploying all solutions in under 200 hours, highlighting nCino's commitment to efficiency [22][24] - **Acquisitions**: Strategic acquisitions like SimpleNexus and Full Circle are enhancing nCino's capabilities in mortgage lending and onboarding processes [53][72] Important but Overlooked Content - The company is focusing on change management as a critical component of its partnerships with banks, ensuring smooth transitions to new technologies [39][40] - nCino's approach to market expansion includes not only organic growth but also strategic acquisitions and partnerships to enhance its product offerings [52][53] - The company acknowledges the challenges posed by legacy systems in the banking industry and positions its solutions as essential for overcoming these hurdles [14][18] Financial Outlook - nCino's preliminary financial results for Q1 exceeded guidance, indicating strong performance and growth potential [89][90] - The company expects to achieve its ACV targets, which should lead to accelerating subscription revenue growth in the following fiscal year [91][92] This summary encapsulates the key points discussed during the nCino conference call, highlighting the company's strategic direction, market opportunities, and financial performance.

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]

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]

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 ...

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]

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]

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]