F & M Bancshares, Inc.
How we got $33.6M
Based on 96 employees on its 2024 401(k) filing.
Employees over time
▼ 5% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 101 | $27.5M |
| 2021 | Form 5500 | 102 | $27.8M |
| 2022 | Form 5500 | 98 | $26.7M |
| 2023 | Form 5500 | 103 | $28.1M |
| 2024 | Form 5500 | 96 | $26.2M |
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| F & M BANCSHARES, INC. this business | $33.6M | — |
| City National Bank & Trust Oklahoma City | $1.8M | 0.3 mi |
| CU One of Oklahoma Oklahoma City | $1.8M | 0.3 mi |
| RCB Bank Oklahoma City | $1.8M | 0.4 mi |
| MIDSTATE BANCORP, INC. Oklahoma City | $70.2M | 0.4 mi |
| Municipal Employee's Credit Union of Oklahoma City Oklahoma City | $9.2M | 0.6 mi |
| MidFirst Bank Oklahoma City | $1.8M | 0.7 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Employees in its retirement plan (2024 Form 5500) | 96 |
| Industry revenue per employee | $273K |
| Revenue = employees × revenue per employee | $33.6M |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $15.1M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $21.9M – $41.1M |
| EBITDA range | $9.9M – $18.5M |
| Industry (NAICS) | Commercial Banking (522110) |
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 the company's Form 5500 retirement-plan filing. Full methodology
About F & M Bancshares, Inc.
F & M Bancshares, Inc. is a banks & credit unions company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $33.6M, with roughly $15.1M of EBITDA. It has about 96 employees.
Common questions
- Who owns F & M Bancshares, Inc.?
- The owner of F & M Bancshares, 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 F & M Bancshares, Inc. make?
- SeeBITDA estimates F & M Bancshares, Inc.'s annual revenue at about $33.6M (likely between $21.9M and $41.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does F & M Bancshares, Inc. have?
- About 96, from its 2024 retirement-plan filing.