Q2 Holdings, Inc. (NYSE: QTWO), a provider of secure, cloud-based virtual banking solutions, today announced the closing of its previously announced underwritten public offering of 5,890,705 shares (including 768,352 shares that were offered and sold pursuant to the full exercise of the underwriters' option to purchase additional shares) at a price to the public of $19.75 per share. Q2 sold 1,757,290 shares of common stock and certain existing stockholders of Q2 sold 4,133,415 shares of common stock. Q2 did not receive any proceeds from the sale of the shares by the selling stockholders.

J.P. Morgan, Morgan Stanley and Stifel served as joint book-running managers for the offering and Raymond James, Canaccord Genuity and Needham & Company acted as co-managers.

A registration statement relating to these securities was filed with the SEC and became effective on February 26, 2015. The offering was made only by means of a prospectus. A copy of the prospectus related to the offering may be obtained from J.P. Morgan Securities LLC, c/o: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by telephone at (866) 718-1649; or Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Dept., One Montgomery Street, Suite 3700, San Francisco, California 94104, or by telephone at (415) 364-2720.

This press release shall not constitute an offer to sell or solicitation of any offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sales would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Q2:

Q2 is a leading provider of secure, cloud-based virtual banking solutions headquartered in Austin, Texas. Q2 enables regional and community financial institutions, or RCFIs, to deliver a robust suite of integrated virtual banking services and engage more effectively with their retail and commercial account holders who expect to bank anytime, anywhere and on any device. Q2 solutions are often the most frequent point of interaction between its RCFI customers and their account holders. As such, Q2 purpose-built its solutions to deliver a compelling, consistent user experience across digital channels and drive the success of its customers by extending their local brands, enabling improved account holder retention and creating incremental sales opportunities.

Media Contact:Red Fan CommunicationsKathleen Lucente, 512-551-9253Cell: 512-217-6352kathleen@redfancommunications.comorInvestor Contact:Q2 Holdings, Inc.Bob Gujavarty, 512-439-3447bobby.gujavarty@q2ebanking.com

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