Herring Bank - Altus Walmart
How we got $1.9M
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)
From public records and the company's website, not a statement that it's for sale.
What they do
Herring Bank is a community bank serving personal, business, wealth management, mortgage, and student customers in Texas, Oklahoma and Colorado.
From the company's website. Industry: Banks & credit unions.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WEST OAK COMMODITIES INC · Weatherford, 69 mi · $3.7M
- LISBALL CAVAN, LLC · Lawton, 55 mi · $2.6M
- GIBRALTAR ROCK LLC · Lawton, 48 mi · $1.9M
- MT. SCOTT INVESTMENTS, INC · Lawton, 53 mi · $994K
- L.T. SMITH AND ASSOCIATES · Lawton, 53 mi · $403K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Herring Bank - Altus Walmart this business | $1.9M | — |
| MidFirst Bank Altus | $1.9M | 0.2 mi |
| Red River Federal Credit Union Altus | $10.6M | 0.2 mi |
| Shamrock Bank NA Altus | $9.6M | 0.2 mi |
| AgPreference Altus | $1.9M | 0.4 mi |
| Greenbucks Altus | $1.9M | 0.4 mi |
| Frazer Bank Altus | $1.9M | 0.6 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.
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Depository credit intermediation businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (45%). Treat these as a rough guide.
| Revenue range | $580K – $2.9M |
| EBITDA range | $261K – $1.3M |
| Industry (NAICS) | Depository credit intermediation (5221) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Herring Bank - Altus Walmart
Herring Bank - Altus Walmart is a banks & credit unions company in Altus, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.9M, with roughly $863K of EBITDA.
Common questions
- Who owns Herring Bank - Altus Walmart?
- The owner of Herring Bank - Altus Walmart 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 Herring Bank - Altus Walmart make?
- SeeBITDA estimates Herring Bank - Altus Walmart's annual revenue at about $1.9M (likely between $580K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- When was Herring Bank - Altus Walmart founded?
- Herring Bank - Altus Walmart has been in business since 1998.