Welcome to our dedicated page for Ncino news (Ticker: NCNO), a resource for investors and traders seeking the latest updates and insights on Ncino stock.
nCino, Inc. (NASDAQ: NCNO) is a Technology sector company in the Software – Application industry that focuses on cloud-based software for financial institutions. This news page aggregates announcements, press releases, and market updates related to nCino’s business, products, customers, and financial performance.
According to the company’s public statements, nCino was founded to help financial institutions digitize and reengineer business processes, with a platform that integrates artificial intelligence and actionable insights. News items often highlight new product capabilities, such as AI-driven features in the nCino Mortgage Suite, Banking Advisor, and role-based “Digital Partners” designed to support a dual workforce in financial services.
Investors and industry observers can use this feed to follow nCino’s earnings releases and financial guidance, which the company announces through press releases and accompanying conference calls. Recent news has included quarterly financial results, stock repurchase program authorizations and activity, and participation in technology and investor conferences.
Company updates also cover customer wins and expansions, illustrating how institutions such as Eastern Bank and Baghdadi Capital Group are using the nCino Platform to unify legacy systems, standardize operations, and support international growth, based on the parties’ own disclosures. Product-focused announcements describe new AI capabilities for mortgage lending and data connectivity, including Integration Gateway, which nCino presents as an Integration Platform as a Service for banks, credit unions, and fintech partners.
By reviewing this page regularly, readers can see how nCino evolves its intelligent banking platform, expands its customer base across community banks, credit unions, independent mortgage banks, and larger financial entities, and communicates governance changes and strategic initiatives through news and SEC-related press releases.
nCino, a leader in cloud banking solutions, announced that Wells Fargo has chosen its Bank Operating System to enhance its digital transformation in commercial banking operations. With approximately $1.9 trillion in assets, Wells Fargo aims to streamline its commercial lending processes, improving efficiency and collaboration across its financial services. The partnership is expected to provide a unified platform that fosters better client experiences and operational speed. Both companies highlight the growing importance of digital-first solutions in meeting client needs.
nCino, a pioneer in cloud banking solutions, will participate in the Middle East Banking Innovation Summit Plus 2021 on September 15-16 in Dubai, UAE. This premier event will gather financial sector experts to discuss digital transformation in banking. nCino will showcase its cloud banking innovations at the Banking Innovation Lounge, addressing how the pandemic has shifted priorities for Middle Eastern banks. According to Davis Brannan, nCino's EVP, the company supports the transition to cloud banking, emphasizing its role in enhancing operational efficiency and client experience.
nCino, Inc. (NASDAQ: NCNO) has partnered with Denmark's new business bank, kompasbank, which operates using the nCino Bank Operating System. This cloud-based platform enables kompasbank to enhance SME growth by providing a flexible and scalable banking experience. The bank aims to deliver efficient digital services, improving client engagement and loan transparency. nCino's expertise supports kompasbank's entry into the market, showcasing its commitment to innovation in financial services.
nCino (NASDAQ: NCNO) announced the successful implementation of its Bank Operating System at WestStar Bank, a $2.5 billion asset institution, improving loan origination and operational efficiency. The collaboration with Enforce Consulting enabled WestStar to transition from outdated systems to a comprehensive, cloud-based platform within months. This system optimizes workflows, enhances customer relationships, and empowers over 330 employees. WestStar plans to further adopt nCino’s Retail Banking Solution later this year.
nCino (NASDAQ: NCNO) will report its fiscal Q2 2022 financial results on September 1, 2021, after market close. A conference call is scheduled at 4:30 p.m. ET to discuss the results. The company, a leader in cloud banking solutions, aims to empower financial institutions with technology to enhance efficiency and compliance. Currently, nCino serves over 1,200 financial organizations worldwide, managing assets from $30 million to over $2 trillion. Investors can access the webcast via nCino's Investor Relations website.
nCino announced that S&T Bank, a $9.3 billion asset community bank, has successfully implemented the nCino Bank Operating System. This transition will help streamline processes, enhance their digital strategy, and improve client service across Pennsylvania, Ohio, and New York. By adopting nCino’s platform, S&T Bank will replace outdated systems, automate workflows, and provide a unified digital experience for commercial and small business clients, ultimately increasing efficiency and data-driven insights.
nCino, a leader in cloud banking solutions, announced the recipients of its inaugural Financial Services Impact Awards, judged by Celent. The awards recognize banks for their innovative use of the nCino Bank Operating System. Winners include Santander UK for Innovation, CoBank for Reputation, and Barclays for Speed. These awards showcase the impactful contributions of nCino customers to the financial services industry and highlight the successful integration of nCino technology, with monetary donations made on behalf of winners to chosen non-profits.
nCino announced a partnership with Summit Bank, a $761 million-asset institution in Oregon, to implement its cloud-based Bank Operating System. This collaboration aims to enhance Summit Bank's commercial lending operations, providing improved customer experiences and operational efficiency. The integration includes Automated Spreading solutions which will streamline financial tasks and support loan origination processes. nCino's technology is designed to meet evolving client needs in a rapidly changing banking environment.
nCino Inc. (NASDAQ: NCNO) announced its participation in three upcoming investor conferences on June 3, 2021. The events include the Bank of America 2021 Global Technology Conference on June 8, the RW Baird 2021 Global Consumer, Technology & Services Conference on June 10, and the KeyBanc Capital Markets Cloud & Open Banking Spotlight on June 14. Each presentation will be accessible via live webcast and replays on the Company’s Investor Relations website, enhancing transparency for investors.
nCino, Inc. (NASDAQ: NCNO) reported a strong first quarter for fiscal 2022, with total revenues reaching $62.4 million, a 39% increase year-over-year. Subscription revenues also grew by 47% to $51.0 million. However, the company reported a GAAP loss from operations of ($15.5 million), significantly higher than last year’s ($4.3 million). Looking ahead, nCino expects second-quarter revenues between $63 million and $64 million and full fiscal year revenues between $258 million and $260 million. Cash and equivalents stood at $386.5 million.
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