Woodforest National Bank - aVenture Asset Manager Research
Location
The Woodlands, TX, US
Founded
1980
Woodforest National Bank, headquartered in The Woodlands, Texas, is a privately held financial institution with a significant retail banking presence. Operating over 788 branches across 17 states, the bank is notably Walmart's largest retail partner, providing financial services in Walmart stores and Sam's Club locations. Woodforest typically engages in debt financing and post-IPO debt investments.
The bank's portfolio includes investments in diverse sectors such as telecommunications (Bluebird Network, Connext Broadband), biotechnology (iBio), and financial technology (Mocapay). With total assets of $9 billion and a net income of $203.1 million as of 2024, Woodforest National Bank demonstrates a strong financial position. Under the leadership of CEO James Dreibelbis, the bank continues to expand its services and community impact.
Woodforest National Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies6
Current Portfolio Count6
Top Investment Stages
Series B1 (100.0%)
Stage Mix
Series B 100%
Concentration shown as share of disclosed investments by stage.
