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Articles from nCino, Inc. | Millennium Trust Company

Published 2 months ago15 minute read

nCino Reports Fourth Quarter and Fiscal Year 2025 Financial Results

Q4 Total Revenues of $141.4M, up 14% year-over-year Fiscal Year 2025 Total Revenues of $540.7M, up 13% year-over-year Q4 Subscription Revenues of $125.0M, up 16% year-over-year Fiscal Year 2025 Subscription Revenues of $469.2M, up 15% year-over-year

nCino Announces Stock Repurchase Program

WILMINGTON, N.C., April 01, 2025 (GLOBE NEWSWIRE) -- nCino, Inc.

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, today announced that its Board of Directors has authorized a Stock Repurchase Program under which the Company may repurchase up to $100,000,000 of the Company’s outstanding common stock.

Credit Union 1 Selects nCino to Power True Omnichannel Experience for Members

CU1 to implement nCino across Commercial, Consumer & Indirect Lending to empower teams to serve members more quickly and efficiently 

Sandbox Banking Partners with Zoom to Integrate Critical Banking Systems

The new integration application empowers financial institutions to access core banking data, streamline account holder interactions, and enhance service delivery directly within Zoom’s Contact Center

San ju San Bank Selects The nCino Platform to Strengthen Mortgage Business by Delivering More Convenient Customer Experiences

Japanese regional bank digitizing its mortgage lending process with nCino to increase employee efficiency and shorten loan cycle times

nCino Announces Timing of its Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., Feb. 17, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

,  the leading provider of intelligent, best-in-class banking solutions, will report financial results for its fourth quarter and fiscal year ended January 31, 2025, after the market close on Tuesday, April 1, 2025. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

nCino Acquires Sandbox Banking to Help Financial Institutions Achieve Better Data Alignment and System Interoperability

Market-leading data integration technology enables nCino to accelerate project timelines and offer increased connectivity and data sources across onboarding, loan origination, account opening and more

nCino Appoints New Board Member

WILMINGTON, N.C., Feb. 10, 2025 (GLOBE NEWSWIRE) -- nCino, Inc.

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, today announced that it has appointed Justin Nyweide to its Board of Directors, effective immediately. Mr. Nyweide will serve on the Board's Audit Committee.

Habib Bank Zurich plc Partners with nCino to Power an Enhanced Digital Experience for its Buy-to-Let Lending Business

WILMINGTON, N.C., Dec. 11, 2024 (GLOBE NEWSWIRE) -- nCino, Inc.

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, today announced that Habib Bank Zurich plc (HBZ UK), a wholly owned UK incorporated subsidiary of Habib Bank AG Zurich Switzerland, has selected the nCino Platform to grow and digitally enhance the Bank’s Buy-to-Let Lending business in the United Kingdom.

nCino Reports Third Quarter Fiscal Year 2025 Financial Results

•  Total Revenues of $138.8M, up 14% year-over-year•  Subscription Revenues of $119.9M, up 14% year-over-year•  GAAP Operating Margin of (1)%, up ~1,000 basis points year-over-year•  Non-GAAP Operating Margin of 20%, up ~350 basis points year-over-year

UPDATE -- nCino to Participate in Upcoming Investor Conferences

WILMINGTON, N.C., Dec. 02, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, today announced its participation in the following investor conferences:

nCino to Participate in Upcoming Investor Conferences

WILMINGTON, N.C., Nov. 25, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, today announced its participation in the following investor conferences:

nCino Announces Timing of its Third Quarter Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., Nov. 14, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, will report financial results for its third quarter ended October 31, 2024, after the market close on Wednesday, December 4, 2024. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

nCino Signs Definitive Agreement to Acquire FullCircl

nCino and FullCircl offering for commercial banks in the UK and across the European Continent creates an end-to-end client lifecycle management experience with integrated acquisition, onboarding, KYB, KYC, and rules-based monitoring

nCino Announces Joaquín de Valenzuela as Managing Director for EMEA

WILMINGTON, N.C. and LONDON and MADRID, Oct. 30, 2024 (GLOBE NEWSWIRE) -- nCino, Inc.

(NASDAQ: NCNO)

, the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Joaquín de Valenzuela as the new Managing Director for the EMEA region. This strategic hire underpins nCino's commitment to accelerating its growth and market presence within the EMEA region.

Tokushima Taisho Bank Selects nCino to Transform Its Commercial Banking Business to be More Digitally Powered

Japanese bank to increase operational efficiency and enhance value for corporate customers and employees with the nCino Platform

BankNewport Reports Deposit Account Opening Process Accelerated by as much as Ninety Percent, Streamlining a Key Consumer Banking Experience with nCino

Rhode Island-based community bank sees digital account opening process considerably reduced and cuts in-branch account opening time with nCino Consumer Deposit Account Opening

nCino Reports Second Quarter Fiscal Year 2025 Financial Results

• Total Revenues of $132.4M, up 13% year-over-year• Subscription Revenues of $113.9M, up 14% year-over-year• GAAP Operating Margin of (6)%, up ~650 basis points year-over-year• Non-GAAP Operating Margin of 15%, up ~500 basis points year-over-year

nCino Announces Timing of its Second Quarter Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., Aug. 14, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

, a pioneer in cloud banking for the global financial services industry, will report financial results for its second quarter ended July 31, 2024, after the market close on Tuesday, August 27, 2024. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

Shawbrook to Leverage nCino to Automate Complex Lending Processes and Optimise Client Portfolios to Achieve Faster Time to Market

UK specialist bank to eliminate disparate systems in order to reduce risk, achieve data lineage and consistency and enhance credit risk management

nCino Named a 2024 World’s Top FinTech Company by CNBC

Recognition in the Banking Solutions category reinforces nCino’s reputation as a company that has an innovative impact on financial services globally

nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions

Company's Gen AI tool, powered by nCino IQ (nIQ), delivers real-time intelligence and optimizes decision-making with data-driven insights for financial institutions across asset sizes and geographies

nCino to Participate in Upcoming Investor Event

WILMINGTON, N.C., May 30, 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 Announces Timing of its First Quarter Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., May 14, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

,  a pioneer in cloud banking for the global financial services industry, will report financial results for its first quarter ended April 30, 2024, after the market close on Wednesday, May 29, 2024. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community

Top Ontario-based credit union to replace legacy platforms with nCino’s single platform for a more seamless user experience and streamlined lending operations

Together Selects nCino to Revolutionise its Lending Business

U.K. property lender to leverage nCino’s cloud-based platform across core services

nCino Unveils Latest Enhancements to its Consumer Banking Solution

Expanded omnichannel functionality delivers compelling proposition for banks and credit unions seeking to grow deposits, create efficiencies, and upgrade client and member experiences

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Q4 Total Revenues of $123.7M, up 13% year-over-year Fiscal Year 2024 Total Revenues of $476.5M, up 17% year-over-year Q4 Subscription Revenues of $107.5M, up 16% year-over-year Fiscal Year 2024 Subscription Revenues of $409.5M, up 19% year-over-yearCompany Announces Chief Revenue Officer Transition

nCino’s Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning

North America’s largest cooperative financial group to leverage nCino’s automated spreading solution, powered by nIQ, to drive increased efficiency

FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services

nCino to provide Puerto Rican bank with platform to deliver exceptional customer experiences and create new efficiencies across its commercial lending services from origination to portfolio management

nCino to Acquire DocFox

Joint capabilities will simplify, automate, and drive efficiency across the onboarding and account opening experience for commercial and business banking

The Saikyo Bank Partners with nCino to Enhance Operational Efficiency and Customer-Centric Services

Japanese regional bank selects nCino to create a customer-driven mortgage lending experience by streamlining processes and systems onto a single platform

nCino to Participate in Upcoming Investor Event

WILMINGTON, N.C., Feb. 20, 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 Announces Timing of its Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call

WILMINGTON, N.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

, a pioneer in cloud banking for the global financial services industry, will report financial results for its fourth quarter and fiscal year ended January 31, 2024, after the market close on Tuesday, March 26, 2024. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

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

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

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

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

nCino to Participate in Upcoming Investor Conference

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:

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

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

Conexus Credit Union Selects nCino for a Frictionless Member Experience

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

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

Leaders in cloud innovation reinforce alliance to provide best-in-class solutions to the financial services industry by extending successful partnership to 2031

nCino Reports Third Quarter Fiscal Year 2024 Financial Results

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 to Participate in Upcoming Investor Events

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:

Alba Bank adopts nCino Cloud Banking Platform for SME lending

UK’s newest challenger bank dedicated to supporting SMEs to be powered by nCino’s single platform

OneSavings Bank Bolsters its Technology Stack Through Strategic Partnership with nCino

Consolidation of multiple systems to nCino’s cloud banking platform will provide advanced agility so UK specialist mortgage lender can continue to stay ahead of changing customer and market expectations

nCino Announces Timing of its Third Quarter Fiscal Year 2024 Financial Results Conference Call

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 will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

Honor Bank Successfully Deploys nCino’s Commercial Banking Solution

Michigan-based community bank goes-live on the nCino platform in months, driving a more modern customer experience

Citizens Bank Adopts Multiple nCino Solutions to Provide a Seamless Customer Experience Across Lines of Business

nCino to provide midwestern community bank with a platform across its commercial and mortgage businesses to create a unified experience

nCino to Host Inaugural Investor Day

WILMINGTON, N.C., Sept. 25, 2023 (GLOBE NEWSWIRE) -- nCino, Inc.

(NASDAQ:NCNO)

, a pioneer in cloud banking for the global financial services industry, will host an Investor Day at its headquarters in Wilmington, NC on September 28, 2023 from 9:00am until approximately 1:00pm ET.    

Bendigo and Adelaide Bank selects nCino to transform its business banking

Bank accelerates transformation agenda by implementing nCino’s single platform solution to streamline processes, improve efficiency and deliver a frictionless experience for customers and employees

The Nomura Trust & Banking Co., Ltd. Successfully Goes Live on the nCino Cloud Banking Platform

nCino enhances efficiency to support growth ambitions while helping ensure data security at the Tokyo-based financial institution

nCino’s Cloud Banking Platform Streamlines Dodd-Frank 1071 Compliance Support for Financial Institutions

Recent enhancements to nCino’s Small Business Banking Solution allow banks and credit unions to easily adopt and comply with Section 1071 of the Dodd-Frank Wall Street Reform Consumer Protection Act as part of the end-to-end lending process

nCino to Participate in Upcoming Investor Event

WILMINGTON, N.C., Aug. 29, 2023 (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 Announces Timing of its Second Quarter Fiscal Year 2024 Financial Results Conference Call

WILMINGTON, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

,  a pioneer in cloud banking for the global financial services industry, will report financial results for its second quarter ended July 31, 2023, after the market close on Tuesday, August 29, 2023. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

WaterStone Bank Upgrading to the nCino Cloud Banking Platform Across All In-house Lending

nCino to provide WaterStone with a single, end-to-end solution for all lending activities

SimpleNexus, an nCino Company, Builds Integration with Finastra’s MortgagebotLOS

API integration connects SimpleNexus, an nCino Company, mobile-first homeownership solution with MortgagebotLOS to simplify U.S. home lending

nCino Reports First Quarter Fiscal Year 2024 Financial Results

• Total Revenues of $113.7M, up 21% year-over-year• Subscription Revenues of $97.3M, up 23% year-over-year• Cash from Operating Activities of $31.3M and GAAP Loss from Operations of $(8.6)M• Company Achieves Record Free Cash Flow of $29.7M and Record Non-GAAP Operating Income of $10.9M

nCino to Participate in Upcoming Investor Events

WILMINGTON, N.C., May 25, 2023 (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 conferences:

nCino and Zest AI Create Strategic Partnership to Bring More Efficiency to Financial Services Through AI-Automated Underwriting

Partnership seeks to harness the power of artificial intelligence (AI) to produce faster and more equitable lending decisions with better risk assessment for financial institutions of all sizes

nCino Announces Timing of its First Quarter Fiscal Year 2024 Financial Results Conference Call

WILMINGTON, N.C., May 15, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. 

(NASDAQ: NCNO)

, a pioneer in cloud banking and digital transformation solutions for the global financial services industry, will report financial results for its first quarter ended April 30, 2023, after the market close on Wednesday, May 31, 2023. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

nCino Kicks off Annual Conference, nSight, Advancing Modernization in Financial Services

CHARLOTTE, N.C., May 09, 2023 (GLOBE NEWSWIRE) -- nCino, Inc.

(NASDAQ: NCNO)

, a pioneer in cloud banking for the global financial services industry, today kicked off nSight 2023, its annual user conference in Charlotte, NC.

nCino Announces Partnership with Grasshopper to Streamline Bank’s Internal Processes and Enhance Client Experience

Partnership strengthens Grasshopper’s Commercial and SBA lending businesses as it continues to expand the use of the platform for even greater efficiency

TUHF Partners with nCino to Improve Its Competitive Edge and to Scale Efficiently

South African commercial property specialty lender selects nCino’s cloud banking platform to grow business and improve access to finance for property entrepreneurs in affordable housing

nCino Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Q4 Total Revenues of $109.2M, up 46% year-over-year, Fiscal Year 2023 Total Revenues of $408.3M, up 49% year-over-year;Q4 Subscription Revenues of $92.8M, up 48% year-over-year, Fiscal Year 2023 Subscription Revenues of $344.8M, up 53% year-over-year; Company Achieves Second Consecutive Quarter of Positive Non-GAAP Operating Income

Avidia Bank Implements Nexus Closing by SimpleNexus to Provide Customers the Convenience of a Modern Closing Experience

Massachusetts bank rounds out its adoption of SimpleNexus’ digital mortgage toolset with the implementation of Nexus Closing

Johnson Financial Group Selects nCino to Modernize Multiple Lines of Business

Midwest community bank moves to single platform to help ensure customer experience is at the forefront of every interaction

nCino Announces Timing of its Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call

WILMINGTON, N.C., Feb. 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 fourth quarter and fiscal year ended January 31, 2023, after the market close on Tuesday, March 28, 2023. nCino will host a conference call and webcast that day at 4:30 p.m. ET to discuss its financial results.

nCino Expands nCino IQ Offerings Through Partnership with Rich Data Co

Partnership with AI decisioning platform to provide deeper insight and more confident lending through a single platform

AmeriCU to introduce a mobile mortgage lending experience powered by SimpleNexus

New York-based credit union to implement Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to modernize the member homebuying experience and gain process efficiencies

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