Exhibit 99.1

FCB Financial Holdings, Inc. Surpasses $8 Billion in Assets and Reports Record Second Quarter 2016 Financial Results

Weston, Fla. – FCB Financial Holdings, Inc. (NYSE:FCB) (the “Company”) today reported second quarter 2016 net income of $23.5 million, or $0.55 per share on a fully diluted basis, and record core net income of $24.2 million, or $0.56 per share on a fully diluted basis. Core net income rose 27% year-over-year and core net income per diluted share rose 28%. These resulted in a ROA of 119 basis points and a core ROA of 123 basis points.

The Company views certain non-recurring items, including but not limited to merger related and restructuring charges, gain/(loss) on investment securities and their corresponding tax effect, as core adjustments to net income. Core adjustments for the second quarter of 2016 include $1.0 million expense related to restructuring of employment contracts and severance expense and $324 thousand gain on sale of investment securities.

The reconciliation of non-GAAP measures (including core net income, core efficiency ratio, core ROA, tangible book value and tangible book value per share), which the Company believes facilitate the assessment of its banking operations and peer comparability, are included in tabular form at the end of this release.

Kent Ellert, Chief Executive Officer and President of FCB Financial Holdings, Inc., commented, “We are pleased by our results this quarter highlighted by surpassing $8 billion in assets, as new loans grew by over $400 million and deposits grew over $550 million. This continued momentum across our fundamental core businesses is all a reflection of our mission to build Florida’s leading independent banking franchise.”

Loan Portfolio and Composition

During the quarter, the total loan portfolio, gross of the allowance for loan losses, grew by $353.5 million to $6.0 billion at June 30, 2016, an increase of 6% from $5.6 billion as of March 31, 2016 and 32% from $4.5 billion as of June 30, 2015.

The Bank’s new loan portfolio totaled $5.5 billion as of June 30, 2016, an increase of 8% from $5.1 billion as of March 31, 2016 and 45% from $3.8 billion as of June 30, 2015. Loan growth during the quarter was a result of $508.5 million of organic new loan fundings, consisting of $185.8 million of commercial and industrial, $174.7 million of commercial real estate and $148.1 million of residential and consumer. As the acquired portfolio continues to resolve, the Bank may periodically supplement organic production with high quality purchased residential mortgages as part of its overall balance sheet management strategy. There were no residential mortgage purchases during the second quarter of 2016. As of June 30, 2016 new loans made up 92% of the total loan portfolio as compared to 91% and 84% as of March 31, 2016 and June 30, 2015, respectively.

The Bank’s acquired loan portfolio totaled $474.1 million as of June 30, 2016, a decrease of 11% from $535.1 million as of March 31, 2016 and a decrease of 34% from $720.2 million as of June 30, 2015. The decrease in the current quarter was driven by the resolution of $24.9 million of loans as well as scheduled loan amortization. As of June 30, 2016, acquired loans made up 8% of our total loan portfolio as compared to 9% and 16% as of March 31, 2016 and June 30, 2015, respectively.

Asset Quality

The provision for loan losses of $2.0 million recorded for the second quarter of 2016 includes a $2.2 million provision for new loans and net recoupment of valuation allowance of $0.2 million for the acquired loan portfolio due to recoveries and better than expected performance on resolution of acquired loans. The provision for new loans served to increase the related allowance to $28.5 million, or 0.52% of the $5.5 billion in new loans outstanding. The nonperforming new loan ratio as of June 30, 2016 was 0.01%.

Deposits and Borrowings

Deposits totaled $6.5 billion as of June 30, 2016, an increase of 10% from $5.9 billion as of March 31, 2016 and an increase of 45% from $4.5 billion as of June 30, 2015. During the second quarter of 2016, demand deposits increased by $129.2 million, or 9%, from March 31, 2016 and increased by $604.1 million, or 66%, from June 30, 2015. Demand deposits represent 23% of total deposits as of June 30, 2016 as compared to 23% and 20% as of March 31, 2016 and June 30, 2015, respectively. The cost of deposits was 69 basis points for the quarter, representing a 3 basis point increase from the first quarter of 2016 and a 12 basis point increase from the second quarter of 2015.

Net Interest Margin and Net Interest Income

The net interest margin for the second quarter of 2016 was 3.51%, a decrease of 14 basis points from the first quarter of 2016 and an increase of 8 basis points from the second quarter of 2015. The decrease from the first quarter of 2016 was due primarily to an increase of cost of time deposits and borrowings as well as the continued attrition of the acquired loan portfolio.

Net interest income totaled $64.9 million in the second quarter of 2016, an increase of 1% from $64.4 million in the first quarter of 2016 and an increase of 29% from $50.2 million in the second quarter of 2015. Interest income totaled $77.2 million for the second quarter of 2016, an increase of 2% from $75.7 million in the first quarter of 2016 and an increase of 34% from $57.4 million in the second quarter of 2015. Interest income from new loans increased by $3.4 million, or 8%, from the first quarter of 2016 due to continued growth in the new loan portfolio. Interest income on acquired loans decreased by $2.0 million, or 11%, from the first quarter as balance runoff more than offset better than expected cash flow performance. Interest expense was $12.3 million for the second quarter of 2016, an increase of 9% from $11.3 million in the first quarter of 2016 and an increase 70% from $7.2 million in the second quarter of 2015. The increase from the first quarter of 2016 was a result of an increase of $235.4 million of average interest-bearing liabilities coupled with increased costs associated with the addition of longer duration deposits and borrowings.

Noninterest Income and Noninterest Expense

Noninterest income totaled $8.2 million for the second quarter of 2016 as compared to $5.4 million for the first quarter of 2016 and 14.2 million for the second quarter of 2015. The primary components of noninterest income for the quarter were loan and other fees, gain on sales of other real estate owned and bank-owned life insurance income of $2.2 million, $2.1 million and $1.3 million, respectively. The Company continues to realize resolution of acquired asset income and gain on sales of other real estate owned stemming from its acquired asset portfolio. As a result of the early termination of the FDIC loss share agreements, the Company recognized all recoveries and gain on sales related to what were previously “covered assets” in its consolidated statement of income as these amounts are no longer shared with the FDIC.

Noninterest expense totaled $34.0 million for the second quarter of 2016, an increase of 2% from $33.3 million in the first quarter of 2016 and an increase of 6% from $32.0 million in the second quarter of 2015. For the quarter, the Company recorded non-core expenses of $1.0 million related to restructuring of employment contracts and severance expense.

Financial Position

Capital ratios continue to be strong and well in excess of regulatory requirements. Our tangible common equity, Tier 1 leverage, and total risk-based capital ratios were 10.3%, 9.8% and 11.3% for the second quarter of 2016 respectively, compared to 10.4%, 9.6% and 11.1% for the first quarter of 2016, respectively. Stockholders’ equity totaled $923.2 million as of June 30, 2016, an increase of 3.8% from $889.3 million as of March 31, 2016 due to net income of $23.5 million and an increase in accumulated other comprehensive income of $13.1 million that was partially offset by $6.7 million in treasury stock repurchases. During the quarter, the Company repurchased 195,986 shares at a cost of $6.7 million. Tangible book value per common share is $20.64 as of June 30, 2016.

Conference Call

The Company will host a conference call today, Thursday, July 21, 2016 at 5:00 p.m. Eastern Time. Presentation materials related to the conference call are available on the Company’s website, www.floridacommunitybank.com, by navigating to Investor Relations.

The number to call for this interactive teleconference is (855) 238-8125, and please ask to join the FCB Financial Holdings, Inc. or FCB teleconference. Please dial in 10 minutes prior to the beginning of the call.

A telephonic replay of the conference call will be available through August 21, 2016, by dialing (877) 344-7529 and entering pass code 10088002.

The live broadcast of the conference call will also be available online at the Company’s website by following the link to Investor Relations. An on-line replay of the call will be available at the Company’s website for 90 days.

Forward-Looking Statements

This release may contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements about our expectations, beliefs, plans, strategies, predictions, forecasts, objectives or assumptions of future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipates,” “believes,” “expects,” “can,” “could,” “may,” “predicts,” “potential,” “opportunity,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “seeks,” “intends” and similar words or phrases. Accordingly, these statements involve estimates, known and unknown risks, assumptions and uncertainties that could cause actual strategies, actions or results to differ materially from those expressed in them, and are not guarantees of timing, future results or other events or performance. Because forward-looking statements are necessarily only estimates of future strategies, actions or results, based on management’s current expectations, assumptions and estimates on the date hereof, and there can be no assurance that actual strategies, actions or results will not differ materially from expectations, you are cautioned not to place undue reliance on such statements. Additional information regarding certain risks, uncertainties and other factors that could cause actual strategies, actions and results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including under the heading “Risk Factors” in our most recent Annual Report on Form 10-K. Any forward-looking statement speaks only as of the date on which it is made, and FCB Financial Holdings, Inc. undertakes no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise.

Use of Non-GAAP Financial Measures

Core net income, core efficiency ratio, core return-on-assets (“core ROA”), tangible book value and tangible book value per share are each non-GAAP financial measures used in this release. A reconciliation to what we believe to be the most directly comparable GAAP financial measures—net income in the case of core net income and core ROA, total net interest income, total noninterest income and total noninterest expense in the case of core efficiency ratio, and total shareholders’ equity in the case of tangible book value and tangible book value per share—appears in tabular form at the end of this release. The Company believes each of core net income, core efficiency ratio, and core ROA is useful for both investors and management to understand the effects of certain noninterest items and provides additional perspective on the Company’s performance over time and in comparison to the Company’s competitors. Neither core net income nor core ROA should be viewed as a substitute for net income, nor should core efficiency ratio be viewed as a substitute for total net interest income, total noninterest income and total noninterest expense. The Company believes that tangible book value and tangible book value per share are useful for both investors and management, among other things, as these are measures commonly used by financial institutions, regulators and investors to measure the capital adequacy of financial institutions. The Company believes these measures facilitate comparison of the quality and composition of the Company’s capital over time and in comparison to its competitors. These measures should not be viewed as a substitute for total stockholders’ equity.

These non-GAAP measures have inherent limitations, are not required to be uniformly applied and are not audited. They should not be considered in isolation or as a substitute for financial results and analyses of results reported under GAAP, and should be read in conjunction with the Company’s financial statements prepared in accordance with GAAP. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies.

About FCB Financial Holdings, Inc.

With over $8.0 billion in assets, Florida Community Bank (FCB) is the third largest Florida-based independent bank. Listed on the New York Stock Exchange, (NYSE: FCB), the bank serves the state with 47 full service banking centers. The presence of FCB blankets both Florida coasts from Daytona Beach to Miami-Dade, Naples through Tampa Bay, as well as the I-4 Corridor. FCB is among the most highly capitalized banks in the state with capital ratios exceeding the regulatory standard to be considered “well capitalized.” Complete information outlining the depth and breadth of the company is found at www.FloridaCommunityBank.com. Equal Housing Lender, Member FDIC.

FCB FINANCIAL HOLDINGS, INC. AND SUBSIDIARIES

Consolidated Statements Of Income

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Consolidated Balance Sheets

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Key Metrics

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Loan Composition

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Deposit Composition

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Quarterly Average Balances and Yields

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Average Balances and Yields

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