How we got $1.8M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| IBC Bank this business | $1.8M | — |
| Bank Of Oklahoma Grove | $1.8M | 0.1 mi |
| Grand Savings Bank Grove | $71.2M | 0.5 mi |
| BancFirst Grove | $1.8M | 0.7 mi |
| Bank of Grand Lake Grove | $15.0M | 1.0 mi |
| The First National Bank Afton | $1.8M | 11.3 mi |
| METHOD BANK INC. Wyandotte | $15.7M | 11.6 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 | $570K – $2.6M |
| EBITDA range | $256K – $1.2M |
| 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
About IBC Bank
IBC Bank is a banks & credit unions company in Grove, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $813K of EBITDA.
Common questions
- Who owns IBC Bank?
- The owner of IBC Bank 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 IBC Bank make?
- SeeBITDA estimates IBC Bank's annual revenue at about $1.8M (likely between $570K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.