Argent Trust Oklahoma (formerly Heritage Trust)
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Argent Trust Oklahoma is Argent Financial Group's Oklahoma-state chartered trust company, serving individuals, families, businesses, and institutions in Oklahoma City, Tulsa and across the region with trust administration, estate planning, investment management, and other fiduciary-based services.
From the company's website. Industry: Finance and insurance.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Argent Trust Oklahoma (formerly Heritage Trust) this business | $2.1M | — |
| Acorn Capital Management Oklahoma City | $1.1M | 0.0 mi |
| BROWN & NUTT INSURANCE AGENCY, INC. Oklahoma City · 2 employees | $445K | 0.0 mi |
| Farmers Insurance Group Of Companies Oklahoma City | $2.4M | 0.0 mi |
| UMB Bank Oklahoma City | $3.8M | 0.0 mi |
| OKC Main Branch and ATM Oklahoma City | $1.9M | 0.0 mi |
| Cortado Ventures Oklahoma City | $1.1M | 0.0 mi |
The full calculation
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 | $3.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.0M – $4.9M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Finance and insurance businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (37%). Treat these as a rough guide.
| Revenue range | $886K – $2.9M |
| EBITDA range | $330K – $1.1M |
| Industry (NAICS) | Finance and insurance (52) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Prior to operating under the Argent brand name, our Oklahoma City group did business as Heritage Trust Company, which was founded in 1998 and combined with Argent in 2015.”
Leadership
- AMAshley Minnich-JarroushExecutive Assistant to the President & CEO Office Manager · Company website · source
- BBBeau BusseyInvestment Analyst · Company website · source
- BHBrooke Henderson, J.D., CFP®Vice President, Relationship Manager · Company website · source
- BCBruce Carson, CPASenior Vice President & Relationship Manager · Company website · source
- DCDavid Cox, J.D.Trust Officer · Company website · source
- DSDeidre S. Waltz, CFP®, CIMA®, CPWA®Senior Vice President, Relationship Manager · Company website · source
- GOGlenda OseiVice President, Operations Manager · Company website · source
- JHJ. Harvie RoeCEO Argent Trust Oklahoma-Tulsa · Company website · source
- JPJacob Purdum J.D.Trust Officer · Company website · source
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.
2 locations
| 621 N Robinson Ave Ste 100 | Oklahoma City | This listing |
| 400 E Central Ave 406 | Ponca City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Argent Trust Oklahoma (formerly Heritage Trust)
Argent Trust Oklahoma (formerly Heritage Trust) is a finance and insurance company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Kyle McDonald (CEO). Its estimated annual revenue is about $2.1M, with roughly $795K of EBITDA. Its estimated business value is $3.0M (likely range $1.0M–$4.9M). It has 2 locations.
Common questions
- Who owns Argent Trust Oklahoma (formerly Heritage Trust)?
- Argent Trust Oklahoma (formerly Heritage Trust) is owned by Kyle McDonald (CEO), according to public sources such as the company's website or filings.
- How much revenue does Argent Trust Oklahoma (formerly Heritage Trust) make?
- SeeBITDA estimates Argent Trust Oklahoma (formerly Heritage Trust)'s annual revenue at about $2.1M (likely between $886K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Argent Trust Oklahoma (formerly Heritage Trust) worth?
- About $3.0M, roughly 3.8× its estimated EBITDA of $795K, typical for a finance and insurance company its size. Likely range: $1.0M–$4.9M.
- When was Argent Trust Oklahoma (formerly Heritage Trust) founded?
- Argent Trust Oklahoma (formerly Heritage Trust) has been in business since 1998.