EagleBank Adds New Market Executive and Two Relationship Managers to C&I Lending Team

Rhea-AI Summary

EagleBank (NASDAQ: EGBN), a leading community bank in Washington, D.C., has strengthened its Commercial & Industrial (C&I) lending team with three key appointments. Bryan Pynchon joins as C&I Market Executive for Maryland, while Ian Joseph and Andrew Brkic join as Relationship Managers, effective January 6, 2025.

All three executives come from Capital One Bank's Mid-Atlantic Commercial Banking team, bringing significant experience in the DMV (DC, Maryland, Virginia) region. Pynchon served 14 years at Capital One, most recently as Section Manager. Joseph worked there for 8 years as Managing Director, while Brkic spent 11 years as Managing Director, Relationship Manager.

The appointments align with EagleBank's strategic focus on expanding its C&I portfolio, leveraging local decision-making and client-centric approach for growth in 2025.

Positive

• Strategic expansion of C&I lending team with experienced regional banking executives
• Acquisition of talent from major competitor (Capital One) strengthens market position
• Enhanced local market expertise with executives having 20+ years of DMV region experience

Negative

• None.

Insights

Banking Sector Analyst

This strategic hiring move signals EagleBank's focused push to expand its Commercial & Industrial (C&I) lending portfolio in the DMV (DC, Maryland, Virginia) region. The recruitment of a seasoned team from Capital One Bank, particularly with Bryan Pynchon's 14 years of experience as Section Manager, represents a significant talent acquisition that could meaningfully impact loan growth trajectory.

The DMV market presents substantial C&I lending opportunities given its diverse economic base anchored by federal government spending, technology firms and professional services. These new hires bring established relationships and deep market knowledge that typically translate to accelerated loan production within 12-18 months. The team's expertise in middle-market lending should help EagleBank capture larger deals while maintaining its community bank service model.

For context, EagleBank's current market cap of $737 million suggests room for meaningful growth through C&I expansion. The bank's emphasis on local decision-making and relationship-based banking, combined with this experienced team's capabilities, positions it well to compete against larger regional and national banks for quality C&I relationships.

Addition of experienced bankers in the DMV region complements EagleBank’s C&I growth strategy

BETHESDA, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced that Bryan Pynchon will join the Bank as a C&I Market Executive for Maryland and Ian Joseph and Andrew Brkic as Relationship Managers (RMs) under Pynchon’s leadership, as of January 6, 2025. In their respective roles, the new team members will work to advance EagleBank’s goal of expanding its robust, diverse, and stable C&I portfolio.

“The talent that we put in front of clients is a point of pride for Eagle and adding Bryan, Ian and Andrew to the team will even further enhance our position as the go-to commercial lender in the Greater Washington community,” said Evelyn Lee, Chief Lending Officer for C&I at EagleBank. “In 2025, our priority is to leverage Eagle’s truly local decision-making and client-centric approach to drive growth for the Bank. These new members of our team, with their decades of knowledge from large financial institutions and commitment to serving clients with excellence, will be pivotal in supporting our resolute commitment to C&I growth.”

Pynchon and his team of RMs join EagleBank most recently from Capital One Bank, where they served on the Mid-Atlantic Commercial Banking team. Pynchon worked with Capital One for 14 years, most recently as Section Manager, Mid-Atlantic Commercial Banking. Joseph worked at Capital One for eight years, six of those as Managing Director, Mid-Atlantic Commercial Banking, and Brkic worked for 11 years as Managing Director, Relationship Manager, Commercial Banking. The team members are all experts in the DMV region, having each lived and worked in the area for more than 20 years, and their strong dynamic will propel EagleBank’s goals for 2025.

“Alongside my trusted colleagues, we will help lead the charge in growing C&I relationships and deposits at EagleBank,” said Pynchon. “In my decades living and working in the DMV, EagleBank’s long standing commitment to the community has stood out to me, and I look forward to playing a role in strengthening the economic fabric of our region during this time of dynamic growth for the Bank.”

EagleBank Contact
Vikki Kayne
Chief Marketing Officer
301.986.1800

FAQ

Who are the new executives joining EagleBank's (EGBN) C&I lending team in 2025?

Bryan Pynchon joins as C&I Market Executive for Maryland, while Ian Joseph and Andrew Brkic join as Relationship Managers, all effective January 6, 2025.

What is EagleBank's (EGBN) strategic focus for C&I lending in 2025?

EagleBank aims to expand its C&I portfolio by leveraging local decision-making and client-centric approach, focusing on growth in the Greater Washington community.

What experience do the new EagleBank (EGBN) C&I team members bring from Capital One?

Bryan Pynchon worked at Capital One for 14 years as Section Manager, Ian Joseph for 8 years as Managing Director, and Andrew Brkic for 11 years as Managing Director, Relationship Manager.

How does the new C&I team appointment align with EagleBank's (EGBN) growth strategy?

The appointments strengthen EagleBank's position as a leading commercial lender in the Greater Washington area by adding experienced bankers with deep local market knowledge to expand their C&I portfolio.