Print
Banking & Finance

NCino Announces Date For First Earnings Report Since IPO

By Jenny Callison, posted Aug 14, 2020

nCino’s early performance as a public company will be on display during the Wilmington company’s first quarterly earnings report since its July 14 IPO.

The cloud-banking software company announced Thursday that it will report financial results for its second quarter on Sept. 9 and will host a conference call and webcast at 4:30 p.m. to discuss those results. nCino’s second quarter ended July 31.

A webcast replay of the conference call will be available afterward in the Investor Relations section of nCino’s website.

Just ahead of its initial public offering on the Nasdaq exchange, nCino priced its shares at $31 each. The price rose quickly in trading July 14, ending the day at about $91 and raising the company’s valuation to roughly $7 billion. The share price has since ranged from about $74 to as high as $84.

nCino's Bank Operating System, built on the Salesforce platform, is designed to help financial institutions enroll new clients, make loans, manage the entire loan life cycle and open deposit and other types of accounts. The company is extending its global reach, with its customers numbering more than 1,100 financial institutions around the world served by offices in London, Sydney, Toronto and Tokyo as well as by its Wilmington headquarters. nCino clients’ assets range in size from $30 million to more than $2 trillion.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council
Untitleddesign2 9202334730

Investing in the Health of Our Communities, for Today and the Future

Novant Health - New Hanover Regional Medical Center Novant Health
Chris coudriet

As the Weather Warms, New Hanover County Remains Committed to Keeping Things Green

Chris Coudriet - New Hanover County Government

Trending News

Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route

Emma Dill - Apr 22, 2024

Severe Weather Postpones Trump Rally In Wilmington

Emma Dill - Apr 20, 2024

Will NC Be CNBC's Three-time Top State For Business?

Audrey Elsberry - Apr 22, 2024

In The Current Issue

Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season