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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 Q4 2021

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.

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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.

North Carolina-based community bank implements nCino solutions to meet demands for accessible capital and serve customers more efficiently North Carolina-based community bank implements nCino solutions to meet demands for accessible capital and serve customers more efficiently

Mechanics & Farmers Bank Using nCino's Cloud Banking Platform to Effectively Deliver on its Mission to Empower Diverse Communities

Community bank brings together lines of business from mortgage to consumer to harness benefits of a single platform Community bank brings together lines of business from mortgage to consumer to harness benefits of a single platform

The Bank of Bennington Expands Partnership with nCino to Include Consumer Lending

Not only are consumers using apps like PayPal Holdings Inc. NASDAQ: PYPL and PayPal-owned Venmo, but people are also using their own bank's apps for more and more transactions.

nCino's path to profits: Niche fintech with strong prospects

Canadian credit union to automate workflows and consolidate and optimize its tech stack with the nCino Cloud Banking Platform Canadian credit union to automate workflows and consolidate and optimize its tech stack with the nCino Cloud Banking Platform

Conexus Credit Union Selects nCino for a Frictionless Member Experience

This fintech and AI stock reached a new high on Thursday. The company partners with Salesforce to transform the financial services industry.

Little-Known AI Stock NCino Currently Is Hovering In A Buy Zone

WILMINGTON, N.C., Jan. 04, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced its participation in the following investor conference:

nCino to Participate in Upcoming Investor Conference

Maine's largest bank chooses innovative technologies from cloud banking leader to modernize point-of-sale and support fully remote online notarization Maine's largest bank chooses innovative technologies from cloud banking leader to modernize point-of-sale and support fully remote online notarization

Camden National Bank Adopts Advanced Mortgage Origination and Closing Solutions by nCino

Salesforce

Cloud banking firm nCino has expanded its 12-year-old collaboration with Salesforce. “Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by providing industry-specific solutions that drive efficiencies, deliver intelligence, and help institutions modernize for a more agile future,” nCino Chairman and CEO Pierre Naudé said in a Thursday (Dec. 21) press release.

Salesforce Expands Partnership With Cloud Banking Firm nCino

Leaders in cloud innovation reinforce alliance to provide best-in-class solutions to the financial services industry by extending successful partnership to 2031 Updated commercial terms expected to improve nCino's subscription gross margins WILMINGTON, N.C., Dec. 21, 2023 (GLOBE NEWSWIRE) -- nCino , Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced an expanded partnership with Salesforce to accelerate the delivery of best-in-class cloud solutions to the financial services industry.

nCino and Salesforce Expand Strategic Partnership to Further Modernize the Financial Services Industry

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NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2023.

KBW Announces Index Rebalancing for Fourth-Quarter 2023

nCino, Inc. (NASDAQ:NCNO ) Q3 2024 Results Conference Call November 29, 2023 4:30 PM ET Company Participants Harrison Masters - Investor Relations Pierre Naude - Chairman and Chief Executive Officer Gregory Orenstein - Chief Financial Officer Josh Glover - President and Chief Revenue Officer Conference Call Participants Adam Hotchkiss - Goldman Sachs Saket Kalia - Barclays Terry Tillman - Truist Securities Adib Choudhury - William Blair Adam Bergere - Bank of America Alex Sklar - Raymond James James Faucette - Morgan Stanley Nick Altmann - Scotiabank Alex Markgraff - KBCM Robert Trout - Macquarie Capital Operator Thank you for standing by, and welcome to nCino's Third Quarter Fiscal Year 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

nCino, Inc. (NCNO) Q3 2024 Earnings Call Transcript

Total Revenues of $121.9M , up 16% year-over-year Subscription Revenues of $104.8M , up 19% year-over-year GAAP Operating Margin of (11)% , up 700 basis points year-over-year Non-GAAP Operating Margin of 17% , up 1,400 basis points year-over-year WILMINGTON, N.C., Nov. 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 third quarter of fiscal year 2024, ended October 31, 2023.

nCino Reports Third Quarter Fiscal Year 2024 Financial Results

WILMINGTON, N.C., Nov. 21, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced its participation in the following investor conferences:

nCino to Participate in Upcoming Investor Events

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

News for nCino, Inc. Stock (NCNO)