nCino Inc (NCNO)

In August 2025, nCino reported its second-quarter fiscal year 2026 financial results with increased revenues and repurchased shares. In September 2025, an analyst upgrade to "Buy" was issued for NCNO, citing traction with its AI Banking Advisor. In December 2025, nCino reported Q3 FY2026 earnings per share exceeding analysts' expectations and announced a new stock repurchase program. In February 2026, nCino's stock fell due to concerns about the software sector, and the stock price has decreased over the last 12 months.

nCino's management has flagged seasonality in its revenues, which is considered in their financial outlook and execution.

nCino, Inc. is a global financial technology company providing the nCino Bank Operating System, a cloud-based platform connecting financial institution employees, clients, and third parties. Its functionalities include client onboarding, loan origination, deposit account opening, analytics, and compliance. The company has expanded its offerings to include AI and machine learning capabilities through nCino IQ and has made acquisitions to expand its footprint.

nCino has a global geographic footprint, serving over 2,700 financial institutions worldwide. The company operates across North America, Europe, the Middle East, Japan, and the Asia-Pacific region. Over 65% of its customers are from the United States, and international revenue represents 21% of its subscription revenues. The nCino Bank Operating System supports over 120 languages and more than 140 currencies.

nCino has focused on innovation and customer success, contributing positively to its brand reputation. The company's AI-powered Banking Advisor has gained adoption, and customer outcomes have been highlighted. An nCino Research Institute analysis indicated that nCino's customers exhibit better return on average assets and return on average equity compared to non-nCino peers. The company also announced enhancements to its Consumer Banking Solution.

nCino's ownership is predominantly institutional, with key institutional owners including Vanguard Fiduciary Trust Co., Kayne Anderson Rudnick Investment Management LLC, and HMI Capital Management LP. Individual insiders held about 2.32% of the shares as of February 2026. Salesforce.com Inc. is also a significant insider shareholder.