nCino, Inc. (NCNO)

nCino, Inc. (NCNO) is a global leader in cloud banking, headquartered in Wilmington, North Carolina. Led by CEO Pierre Naudé, nCino’s strategic mission is to "transform the global financial services industry through innovation, reputation, and speed." The company holds a dominant industry position as the provider of the "nCino Bank Operating System," a unified cloud platform that streamlines commercial, consumer, and mortgage lending. nCino’s vision is to be the "Standard for the Modern Bank." By late 2025, NCNO stock has rebounded strongly, with total revenues surpassing $540 million and non-GAAP operating income surging by 56%.

The business operations of nCino are centered on its SaaS platform built on the Salesforce architecture. In fiscal 2025, the company successfully transitioned to an "Asset-Based Pricing Model," which now represents 15% of ACV and better aligns its revenue with the lending volume of its customers. A primary growth driver is "Global Expansion," with major new logos secured in Japan and Eastern Europe (CSOB). The 2026 strategic roadmap focuses on the "nCino Banking Advisor," a generative AI assistant that automates credit memos and risk assessments for loan officers. nCino holds a "Switching Cost Moat," as its platform becomes deeply embedded in the core operational workflow of over 1,800 financial institutions. With a positive EPS outlook and a massive 41% projected upside from analysts, nCino is the definitive leader in the digitization of the global banking industry.