Ncino, Inc. - NCNO STOCK NEWS

nCino (NCNO) reported strong Q4 and fiscal year 2025 results, with Q4 total revenues reaching $141.4M (up 14% YoY) and subscription revenues of $125.0M (up 16% YoY). Full-year revenues totaled $540.7M (up 13% YoY).

The company announced a $100M stock repurchase program and reported Annual Contract Value (ACV) of $516.4M, showing 13% YoY growth. Despite GAAP losses, non-GAAP operating income for FY2025 increased 56% to $96.2M.

For FY2026, nCino projects total revenues between $574.5M-$578.5M and subscription revenues of $503.0M-$507.0M. The company also announced leadership changes, with Sean Desmond becoming President & CEO, and completed the acquisition of Sandbox Banking to enhance data connectivity solutions.

nCino (NASDAQ: NCNO) has announced a significant $100 million stock repurchase program authorized by its Board of Directors. The program allows the company to repurchase its outstanding common stock through various methods including open market purchases, block trades, and privately negotiated transactions.

The repurchase program has no time limit and can be modified or suspended at the Board's discretion. The company plans to fund the program through existing cash and cash equivalents, credit facility capacity, and future cash flows. CEO Sean Desmond expressed confidence in nCino's long-term strategy and ability to generate increasing free cash flow, viewing the stock repurchase as an attractive use of capital at current valuations.

Credit Union 1 has selected nCino (NASDAQ: NCNO) to implement multiple solutions across its commercial, consumer, and indirect lending operations. The partnership aims to create a unified omnichannel experience for the credit union's nationwide membership.

With a 65-year history and 18 branches nationwide, Credit Union 1 will leverage the nCino Platform to enable faster lending while maintaining its community-focused values. The implementation is expected to deliver connected lending experiences across multiple business lines while creating efficiencies to grow loan volume.

Todd Gunderson, President and CEO of Credit Union 1, emphasized their focus on delivering modern, seamless experiences across all member touchpoints. Nicole Haverly, VP of Credit Unions at nCino, highlighted the partnership's alignment with Credit Union 1's mission to reinvest in members and contribute to community financial success.

Sandbox Banking, an nCino (NASDAQ: NCNO) company, has announced the launch of Glyue® in the Zoom App Marketplace, integrating core banking systems with Zoom Contact Center. The integration enables financial institutions to access real-time banking data and streamline account holder interactions directly within Zoom's platform.

The application offers several key features:

• Enhanced AI Capabilities for more accurate customer interactions
• Global Telephony Customization for regional system integration
• Advanced Analytics tools for deeper insights into account holder behavior

According to Capterra research, CRM functionality has shown significant impacts: 47% increase in account holder satisfaction and retention, 45% boost in sales revenue, and 39% improvement in cross-selling success. The integration aims to provide banks and credit unions with a comprehensive solution for faster issue resolution, seamless transactions, and personalized support.

nCino (NASDAQ: NCNO) has announced its expansion into the Czech Republic through a partnership with Československá obchodní banka (ČSOB), a top 30 European bank and subsidiary of KBC Bank NV. ČSOB has selected the nCino Platform to modernize its Commercial and SME Lending operations.

The implementation aims to digitize and streamline lending processes, enhance operational efficiency, and deliver personalized services through the nCino Commercial Lending Solution. ČSOB, with over 50 years of leadership in Czech financial services, will leverage the platform to create seamless digital experiences and gain deeper client insights.

This partnership marks nCino's first customer in the Czech Republic, expanding its European presence to more than ten countries. The company's solutions span commercial lending, retail lending, SME banking, and onboarding, serving various institutions from neobanks to five of the top ten banks in the United Kingdom.

nCino (NASDAQ: NCNO) has announced that San ju San Bank, a regional Japanese bank, will implement the nCino Mortgage Solution to digitize its housing loan operations. The implementation aims to replace manual processes with digital, paperless workflows to enhance operational efficiency.

The Japanese bank, based in Yokkaichi City, expects to reduce employee workload and create more efficient workflows through this digital transformation. The freed-up time will be utilized to focus on delivering more convenient, customer-centric, and relationship-based experiences.

nCino (NASDAQ: NCNO) has announced it will release its fourth quarter and fiscal year 2025 financial results on Tuesday, April 1, 2025, after market close. The company, which provides intelligent banking solutions, will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. Investors can access the webcast through nCino's Investor Relations website, where a replay will also be available after the call.

nCino (NASDAQ: NCNO) has acquired Sandbox Banking for $52.5 million in cash, with an additional earn-out opportunity of up to $10 million based on financial and product development metrics. The acquisition strengthens nCino's Integration Platform as a Service (iPaaS) capabilities, enabling enhanced data connectivity and streamlined operations for financial institutions.

The integration aims to help banks and credit unions overcome digital transformation challenges by providing an integration hub that simplifies projects, eliminates redundancies, and aligns data across banking systems. Key benefits include accelerated deployment through prebuilt integrations, streamlined operations with automated processes, and improved data connectivity across core and ancillary banking systems.

The technology features pre-built adapters for core banking platforms and 50+ industry solutions, AI-powered integration logic, and the ability to create a single source of truth for connected data. This acquisition is expected to reduce project implementation timelines and lower IT operational costs for financial institutions.

nCino (NASDAQ: NCNO) has appointed Justin Nyweide to its Board of Directors, expanding the board to ten members. Nyweide, who will serve on the Board's Audit Committee, brings over two decades of experience in investing and partnering with growth companies across technology, software, internet, and financial services sectors.

As a Founding Partner and Chief Investment Officer of HMI Capital, a significant nCino shareholder, Nyweide's appointment comes alongside a Cooperation Agreement between nCino and HMI Capital. The agreement includes customary standstill, voting, and other provisions, which will be detailed in nCino's Current Report on Form 8-K filing with the SEC.