Ncino, Inc. Stock Price, News & Analysis

nCino (NASDAQ: NCNO) has announced that Texas Farm Credit has implemented its Bank Operating System to enhance its rural property lending. This partnership has enabled TFC to close a record $400 million in loans year-to-date, marking a significant achievement for the cooperative. The system streamlines operations and improves member onboarding while TFC serves over 100 Texas counties. By integrating nCino’s cloud platform, TFC improves transparency and efficiency in its lending processes, even during the challenges posed by the COVID-19 pandemic.

nCino (NASDAQ: NCNO) announced that Origin Bank, a $5.3 billion-asset institution, implemented the nCino Bank Operating System® to enhance its loan origination process and digital client engagement. The bank aims to strengthen its digital presence in a competitive market, focusing on client service across Louisiana, Texas, and Mississippi. The system allows for improved workflows and transparency, helping clients navigate their banking needs effectively. This digital transformation is essential for adapting to changing market demands, especially during COVID-19.

nCino (NASDAQ: NCNO) announces that Origin Bank, a $5.3 billion-asset financial institution, has adopted the nCino Bank Operating System to enhance its loan origination efficiency and client experience. This move aims to strengthen Origin's digital presence amidst rising competition. By utilizing nCino's solutions, Origin Bank has improved internal workflows, increased transparency, and offered greater digital interaction options for clients. Leadership emphasizes the importance of combining technology with personalized service to meet evolving client needs.

nCino, Inc. (NASDAQ: NCNO) announced it will release its second quarter fiscal year 2021 financial results on September 9, 2020, after market close. A conference call and webcast will follow at 4:30 p.m. ET, allowing investors to discuss the company's performance. As a leader in cloud banking, nCino provides technology solutions that support financial institutions in achieving efficiency, revenue growth, and compliance. The firm currently serves over 1,100 clients globally, showcasing its significant presence in the market.

nCino announced its initial public offering (IPO), pricing 8,060,000 shares at $31.00 each. The shares will trade on The Nasdaq Global Select Market under the ticker symbol NCNO starting July 14, 2020, with the offering expected to close on July 16, 2020, pending standard conditions. Underwriters have an option to purchase an additional 1,209,000 shares within 30 days. Key underwriters include BofA Securities and Barclays. This IPO follows the effective registration statement with the U.S. Securities and Exchange Commission on July 13, 2020.

nCino has filed a registration statement for an initial public offering (IPO) with the SEC, aiming to list on Nasdaq under the symbol NCNO. The number of shares and price range are yet to be determined. BofA Securities and Barclays are the lead book-running managers for this offering, which will proceed only through a prospectus. The company specializes in cloud-based software for financial institutions, focusing on enhancing efficiency and customer experience.