American Bank Systems, Inc.
How we got $13.6M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- Headcount down 93% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
ABS delivers compliance and banking software solutions that help financial institutions streamline operations, stay ahead of regulations and serve their communities. Its solutions are aimed at community banks and financial institutions.
From the company's website. Industry: Information.
Estimated value over time
▲ 2% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 94% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $13.5M |
| 2020 | Form 5500 | 29 | $11.1M |
| 2021 | Form 5500 | 28 | $10.8M |
| 2022 | Form 5500 | 30 | $11.5M |
| 2023 | Form 5500 | 30 | $11.5M |
| 2024 | Form 5500 | 2 | $769K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AMERICAN BANK SYSTEMS, INC. this business | $14.5M | — |
| WHITEBOARD TECHNOLOGY, LLC Oklahoma City · 12 employees | $5.9M | 1.4 mi |
| FREE MARKET ENTERPRISES USA, INC. Oklahoma City · 2 employees | $1.1M | 2.3 mi |
| EASY TIME CLOCK INC Oklahoma City · 7 employees | $2.8M | 2.7 mi |
| CALVIENT TECHNOLOGIES, LLC Oklahoma City | $2.6M | 3.5 mi |
| MASLAR INDUSTRIES LLC Oklahoma City | $2.3M | 4.0 mi |
| ELM TREE SYSTEM, LLC Oklahoma City · 6 employees | $2.7M | 5.0 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.1M |
| Estimate: the two combined (geometric mean) | $14.5M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $2.5M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $13.6M |
| Multiple for this size and industry | 5.5× |
| Value range | $7.2M – $18.7M |
| Revenue range | $9.5M – $16.5M |
| EBITDA range | $1.6M – $2.8M |
| Industry (NAICS) | Information (511210) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- TTTeri TolonSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- BankingFirst Bank of OwassoPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First Bank of Owasso PPP 2020 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $474K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Bank Systems, Inc.
American Bank Systems, Inc. is an information company in Oklahoma City, Oklahoma, in business since 1996. Its estimated annual revenue is about $14.5M, with roughly $2.5M of EBITDA. It has about 2 employees. Its estimated business value is $13.6M (likely range $7.2M–$18.7M).
Common questions
- Who owns American Bank Systems, Inc.?
- The owner of American Bank Systems, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does American Bank Systems, Inc. make?
- SeeBITDA estimates American Bank Systems, Inc.'s annual revenue at about $14.5M (likely between $9.5M and $16.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Bank Systems, Inc. worth?
- About $13.6M, roughly 5.5× its estimated EBITDA of $2.5M, typical for a information company its size. Likely range: $7.2M–$18.7M.
- How many employees does American Bank Systems, Inc. have?
- About 2, from its 2024 retirement-plan filing.
- When was American Bank Systems, Inc. founded?
- American Bank Systems, Inc. has been in business since 1996.