Alkami Technology, Inc. Stock Price, News & Analysis

Alkami Technology (NASDAQ: ALKT) has released its 2025 Update to the Retail Digital Sales & Service Maturity Model, based on a survey of over 200 U.S. financial institutions. The research reveals that digital maturity significantly impacts banking growth, with the most advanced institutions reporting up to 5x higher annual revenue growth compared to less mature peers. Key findings show that 42% of digitally mature institutions actively use generative AI, compared to 26% of less mature ones. Institution size does not determine digital maturity, with one-third of the most mature having less than $500M in assets. The study identifies distinct advantages in fraud prevention, employee experience, and AI implementation among digitally mature institutions, with 67% able to automatically push targeted marketing to account holders. The research segments institutions into four maturity stages, focusing on how they align culture, strategy, and technology.

Alkami Technology (NASDAQ: ALKT) announced a webinar titled 'Boost Positive Pay Adoption & Stop Check Fraud' scheduled for June 11, 2025. The webinar features experts from Trustmark Bank, U.S. Postal Inspection Service, and Alkami, focusing on check fraud prevention strategies and positive pay adoption. Alkami's Positive Pay Platform showed significant growth with a 47% year-over-year increase in monitored transactions reaching $729 billion in 2024, and successfully prevented $3.6 billion in potentially fraudulent activity, up 36% from the previous year. The webinar, approved for 1.0 CTP/CCM recertification credit, will cover the current state of check fraud, various positive pay types, adoption strategies, and collaboration between law enforcement and financial institutions.

Alkami Technology (NASDAQ: ALKT), a cloud-based digital banking solutions provider, announced its participation in the upcoming William Blair 45th Annual Growth Stock Conference. The presentation is scheduled for June 4, 2025, featuring CEO Alex Shootman and CFO Bryan Hill. Investors can access the webcast and replay through the company's investor relations website at investors.alkami.com after the conference concludes.

Alkami Technology (NASDAQ: ALKT) and its recently acquired subsidiary MANTL have both been named to American Banker's 2025 \"Best Places to Work in Fintech\" list. This dual recognition comes following Alkami's acquisition of MANTL, which united two fintech leaders with complementary products and aligned cultures. The combined entity strengthens Alkami's position as the premier digital sales and service platform in the industry, offering Digital Banking Solution, Data & Marketing Solution, and MANTL's Onboarding & Account Opening Solution. The company has also received J.D. Power certification in 2024 and 2025 for outstanding mobile banking platform experience.

Alkami Technology (NASDAQ: ALKT) announced that Montana-based Clearwater Credit Union has implemented Alkami's Digital Banking Platform to enhance its digital experience strategy. The platform provides a unified digital banking experience across devices through a single, scalable platform. By integrating Alkami's Data & Marketing Solutions, Clearwater gains tools for personalized marketing, financial wellness support, and data-driven member communications.

The partnership enables Clearwater to leverage transaction data insights for better member service across life stages, while providing a digital alternative to physical branches. The platform empowers Clearwater's teams with actionable analytics and connected member insights, supporting a long-term engagement strategy. Notably, Alkami has received J.D. Power certification in 2024 and 2025 for outstanding mobile banking platform experience.

Alkami Technology (NASDAQ: ALKT) announced a webinar titled "Innovating Account Opening & Onboarding with Alkami + MANTL" scheduled for May 20, 2025, at 12:00PM CT. The webinar will feature experts from Alkami, MANTL, and Quontic Bank discussing strategies to modernize account opening and onboarding processes.

Recent research shows significant consumer interest in digital banking services, with 58% interested in debit cards/checking accounts and 35% in savings accounts. Quontic Bank demonstrated success using MANTL, raising over $150M in net new deposits in 2024. The combined Alkami-MANTL solution offers a 5-minute retail account opening experience and 8-minute business deposit account opening, along with omnichannel capabilities and enhanced fraud prevention.

Alkami Technology (NASDAQ: ALKT), a cloud-based digital banking solutions provider, announced its participation in the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference. The presentation is scheduled for Thursday, May 15, 2025, featuring CEO Alex Shootman and CFO Bryan Hill. Investors and interested parties can access the webcast and replay through the company's investor relations website at investors.alkami.com after the conference concludes.

Alkami Technology reported strong Q1 2025 financial results, with total revenue reaching $97.8 million, up 28.5% year-over-year. The cloud-based digital banking solutions provider improved its GAAP gross margin to 59.0% and reduced net loss to $7.8 million from $11.4 million in the previous year.

Key highlights include:

• 20.5 million users on the Alkami platform (2.3 million increase)
• Annual recurring revenue of $404 million (33% growth)
• Revenue per user of $19.74 (18% increase)
• Adjusted EBITDA of $12.1 million

The company completed its MANTL acquisition on March 17, 2025, expecting it to boost revenue growth and gross margins. Additionally, CFO Bryan Hill announced his planned retirement, with a transition period until February 2026. For full-year 2025, Alkami projects revenue between $443.0-447.0 million and Adjusted EBITDA of $49.5-52.5 million.

Alkami Technology (Nasdaq: ALKT) has announced that Illinois-based NuMark Credit Union has selected Alkami's Digital Banking Platform to enhance its online and mobile banking services. The partnership aims to provide improved digital experiences for both retail and business banking members.

The implementation includes comprehensive online banking and ACH capabilities, featuring an intuitive interface. NuMark will also integrate Alkami Data & Marketing Solutions for advanced analytics and personalization. The platform's API and SDK integrations will enable NuMark to connect with third-party fintech providers, expanding their financial product offerings.

The partnership focuses on delivering seamless, personalized experiences and enhanced business banking capabilities. Notably, Alkami has received J.D. Power certification in 2024 and 2025 for providing "An Outstanding Mobile Banking Platform Experience."