---
schema_version: "secwatch.filing_event.v1"
accession: "0001902733-23-000028"
form_type: "8-K"
ticker: "NCNO"
cik: "0001902733"
company_name: "nCino, Inc."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:23:14.430247+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# nCino confirms First Republic exposure <1% of FY2023 revenue; bank enters FDIC receivership

## Summary
- FDIC took control of First Republic Bank; JPMorgan Chase acquired substantial assets and certain liabilities.
- nCino provides cloud-based SaaS services to First Republic Bank.
- First Republic contributed less than 1% of nCino's total revenues in fiscal year 2023.

## SEC filing metadata
- accession: 0001902733-23-000028
- form_type: 8-K
- ticker: NCNO
- cik: 0001902733
- company_name: nCino, Inc.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000028/0001902733-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000028/ncno-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001902733-23-000028
- JSON: https://secwatch.observer/filing/0001902733-23-000028.json
- Plain text: https://secwatch.observer/filing/0001902733-23-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
