Key Takeaways
- • Eagle Bancorp, Inc. (NASDAQ: EGBN), the Bethesda, Maryland-based holding company for EagleBank, appointed Cesar "Ces" Escamilla as First Senior Vice President and Senior Director of Commercial Real Estate Strategic Growth, a newly created position.
- • Escamilla brings more than 20 years of commercial real estate banking experience, most recently as Senior Vice President of National Real Estate for the Mid-Atlantic Region at Truist Bank, where he previously led the Greater Washington commercial real estate business.
- • The role will lead initiatives to develop, launch and expand specialized commercial real estate financing solutions and new business lines in the Washington, D.C. metropolitan region.
- • EagleBank did not disclose specific new lending products, financial targets or a timeline for the planned expansion.
- • Chief Real Estate Lending Officer Ryan Riel said Escamilla's experience will accelerate growth of the bank's commercial real estate business.
Summary
Escamilla brings more than two decades of commercial and institutional real estate banking experience, spanning lending operations, portfolio management, credit and risk management, capital markets and business development. Before joining EagleBank, he held senior leadership roles at Truist Bank, most recently as Senior Vice President of National Real Estate for the Mid-Atlantic Region. Prior to that, he led Truist's Greater Washington commercial real estate business, overseeing a substantial CRE lending and deposit portfolio and managing banking relationships across the region, including with institutional property owners, developers and sponsors.
In the new role, Escamilla will identify strategic growth opportunities, broaden the bank's lending capabilities and develop financial solutions for CRE clients. He will lead initiatives to develop, launch and expand specialized CRE financing products and new business lines that complement EagleBank's established lending operations. The appointment is part of the bank's effort to strengthen its CRE platform and pursue long-term growth in the Washington, D.C. metropolitan region, where EagleBank is one of the largest community banks.
Ryan Riel, Senior Executive Vice President and Chief Real Estate Lending Officer, said Escamilla's experience developing lending businesses and managing institutional relationships will support the bank's expansion strategy. Riel said Escamilla "brings the experience, relationships and business development expertise to help accelerate the growth of our commercial real estate business." Escamilla said EagleBank has built a strong CRE franchise and deep market relationships that provide a foundation for new lines of business.
Escamilla holds an MBA from the UCLA Anderson School of Management and a BBA in Finance from Texas State University. The company did not identify specific new products or business lines, financial targets or a timeline for the expansion.
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