This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Eagle Bancorp Chair Susan Riel will retire in 2026, the Bethesda, Maryland-based lender announced Monday. The bank holding company’s board elected Jim Soltesz, previously its lead independent director, as chair. Riel will remain on the board and in the CEO role at EagleBank during the search for her successor – for which the bank has engaged an execut ...

Core Points - Susan G. Riel, the President and CEO of Eagle Bancorp, Inc., will retire in 2026, and the Board is conducting a search for her successor [1][2] - James A. Soltesz has been appointed as the independent Chair of the Board, and Louis P. Mathews Jr. as Vice Chair, effective immediately [2][3] - The Board expresses gratitude for Ms. Riel's leadership over the past seven years and emphasizes the importance of a seamless transition [3] Leadership Transition - The Board has engaged an executive search firm to assist in finding a successor for Ms. Riel [1] - Mr. Soltesz, who has been with the Board since 2007, aims to ensure the company's strategic direction remains focused on sustainable profitability and long-term growth during the transition [3][4] - Ms. Riel will continue to serve as a director while working with the Board to facilitate the transition [2][3] Background of New Leadership - James A. Soltesz has extensive experience in engineering and real estate development, having served as President and CEO of Soltesz, Inc. since 2001 [4][5] - Louis P. Mathews Jr. has over 45 years of experience in banking, previously serving as Senior Executive Vice President at M&T Bank [7][8] - Both new leaders bring significant industry experience and community involvement to their roles [5][9] Company Overview - Eagle Bancorp, Inc. is the holding company for EagleBank, which has been operational since 1998 and is headquartered in Bethesda, Maryland [10] - The bank operates through twelve banking offices and four lending offices in Suburban Maryland, Washington, D.C., and Northern Virginia [10] - The company focuses on building relationships with businesses and individuals while promoting a culture of respect and inclusion [10]

Core Points - Eagle Bancorp, Inc. will host a teleconference on October 23, 2025, at 10:00 a.m. (ET) to discuss third quarter 2025 earnings [1] - The earnings report will be released after the close of business on October 22, 2025 [1] - The call will feature CEO Susan Riel and CFO Eric Newell discussing the financial results [1] Registration and Access - Interested parties must register at a specified URL to participate in the call [2] - Participants will receive a dial-in number and unique PIN after registration [2] - The call will also be available live via webcast on the Company's website, with a replay accessible until November 6, 2025 [2] Company Overview - Eagle Bancorp, Inc. is the holding company for EagleBank, which began operations in 1998 [4] - The bank is headquartered in Bethesda, Maryland, and operates 12 offices in Suburban Maryland, Washington, D.C., and Northern Virginia [4] - EagleBank focuses on building relationships with businesses, professionals, and individuals in its marketplace [4]

Core Insights - Freedom Financial Holdings, Inc. has appointed Scott Clark as Executive Vice President and Chief Financial Officer, enhancing the bank's leadership team with his extensive experience in community banking and finance [1][4][6] Company Overview - The Freedom Bank of Virginia is a next-generation community bank based in Fairfax, Virginia, offering a range of banking solutions including commercial, personal, and mortgage banking [7] Leadership and Strategy - Scott Clark will oversee all financial operations, including budgeting, financial reporting, asset liability management, investment performance, regulatory compliance, and investor relations, positioning the bank for growth and profitability [3][4] - The bank's President and CEO, Joe Thomas, expressed confidence in Clark's ability to enhance operational efficiency and balance sheet management, aligning with the bank's values and commitment to community banking [4][5] Experience and Qualifications - Scott Clark has a significant background in financial strategy, regulatory compliance, and capital management, having previously served as Treasurer for Sandy Spring Bank and EagleBank [6] - His focus on long-term sustainability and customer satisfaction positions him uniquely to guide Freedom Bank through a rapidly changing financial environment [6]