About Industrial Bank
Industrial Bank is a publicly listed company based in Washington (United States) founded in 1934. Commercial banking services are provided to businesses and individuals. Its chief executive, as recorded, is Doyle Mitchell. Its website industrial-bank.com draws about 16 thousand monthly visits. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
Industrial Bank was established in 1934 as a commercial bank. Core operations involve deposit accounts, lending, and transaction services within the financial sector. Various banking products are offered to support business and personal finance needs. Leadership is held by Doyle Mitchell in the roles of CEO and President. The bank maintains a focus on standard commercial activities without specified geographic details.
- Headquarters Washington, United States
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website industrial-bank.com
- Social LinkedIn X Facebook
- Legal Name Ibw Financial Corp.
- Annual Revenue$41.48 M (USD)as on Dec 31, 2025
- Net Profit$432 K (USD)-76.17as on Dec 31, 2025
- InvestorsMorgan Stanley
& 1 more
Apps and channels of Industrial Bank
Industrial Bank publishes 1 mobile app with over 500 downloads.
Funding Insights of Industrial Bank
- Total Rounds 2
- First Round $5M
(Jun 2020)
- Investors Count 2
All 2 funding rounds of Industrial Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | Unspecified | – | – | ||
| Jun 2020 | $5M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Industrial Bank
Industrial Bank has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Morgan Stanley and Wells Fargo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
Investor details for Industrial Bank
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People of Industrial Bank
1 people are tracked at Industrial Bank (1 in leadership).
| Name | Role | Group |
|---|---|---|
Doyle Mitchell | CEO & President | Leadership |
Complete people profiles for Industrial Bank
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IPO & Listings of Industrial Bank
Industrial Bank is a publicly listed company on the OTC with ticker symbol IBWC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Jun 2001
- Listed onOTC: IBWC
- Listed entityIBW Financial Corp.
- Exchange sectorFinance
- ISINUS4489392070
- Share price$47.25 (+0.53% on the day) · 2026-05-11
- Market capitalisation$31.6M
- Dividend yield0.27%
- Volume (last session)1,925
- Analyst consensusNo rating
Financials of Industrial Bank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $41.5M | $432,000 | |
| 2024 | $41.5M | $1.8M | |
| 2023 | $42.4M | $2.7M | |
| 2022 | $29.2M | $1.4M | |
| 2021 | $30.7M | $2.5M |
Detailed financial statements for Industrial Bank
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Industrial Bank
4 dated milestones of Industrial Bank across 87 years, from founding to its latest funding, stage changes and deals.
- Founded Industrial Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $5.0M.
- Funding Latest funding round, Unspecified,.
Competitors of Industrial Bank
Industrial Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of Industrial Bank
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Web traffic of Industrial Bank
The website of Industrial Bank (industrial-bank.com) receives about 16.5K visits a month.
- Monthly visits16.5K
Websites whose visitors overlap most with Industrial Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ifsb.com | ifsb.com | 100% | #2,165,078 | – | |
| providence.bank | 82% | #1,956,984 | View details | ||
web13.secureinternetbank.com | web13.secureinternetbank.com | 81% | – | ||
| sunrisebanks.com | 79% | 74.3K | #559,235 | View details | |
nationalcapitalbank.com | nationalcapitalbank.com | 76% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Industrial Bank
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Related news about Industrial Bank
Complete news archive for Industrial Bank
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Frequently Asked Questions about Industrial Bank
Industrial Bank was founded in 1934 and raised its 1st funding round 86 years after it was founded.
Industrial Bank is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Doyle Mitchell is the CEO of Industrial Bank, as recorded in our data.
Annual revenue of Industrial Bank is $41.48M as on Dec 31, 2025.
Industrial Bank was established in 1934 as a commercial bank. Core operations involve deposit accounts, lending, and transaction services within the financial sector. Various banking products are offered to support business and personal finance needs. Leadership is held by Doyle Mitchell in the roles of CEO and President. The bank maintains a focus on standard commercial activities without specified geographic details.
Industrial Bank's top competitors include Truist, Citi and Equity Bank.
Yes, Industrial Bank is publicly traded on OTC under the ticker symbol IBWC.
Industrial Bank has 2 investors. Key investors include Morgan Stanley, and Wells Fargo.
Yes. Industrial Bank publishes Industrial Business Bank of WA, with over 500 downloads.