Exhibit 99.1

FCB Financial Holdings, Inc. Surpasses $9 Billion in Assets and Reports Record Fourth Quarter 2016 Financial Results

Weston, Fla. – FCB Financial Holdings, Inc. (NYSE:FCB) (the “Company”) today reported fourth quarter 2016 net income of $27.9 million, or $0.64 per share on a fully diluted basis, and record core net income of $27.2 million, or $0.62 per share on a fully diluted basis. Core net income rose 21% year-over-year and core net income per diluted share rose 20%. This resulted in a ROA of 126 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 fourth quarter of 2016 include $132 thousand of severance expense, $43 thousand of cease use expense, $66 thousand of other operating expense and $800 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, “This was, yet again, a record quarter for FCB and a great way to punctuate our second full year as a public company. The fourth quarter of 2016 marks 16 consecutive quarters, or four straight years, of improving core operating results. We are pleased by our results this quarter highlighted by our organic growth, as record new loan fundings of $549 million and core deposit growth of $465 million continue our momentum into the New Year.”

Loan Portfolio and Composition

During the quarter, the total loan portfolio, gross of the allowance for loan losses, grew by $365.4 million to $6.6 billion at December 31, 2016, an increase of 6% from $6.3 billion as of September 30, 2016 and 28% from $5.2 billion as of December 31, 2015.

The Bank’s new loan portfolio totaled $6.3 billion as of December 31, 2016, an increase of 7% from $5.8 billion as of September 30, 2016 and 36% from $4.6 billion as of December 31, 2015. Loan growth during the quarter was a result of $549.0 million of organic new loan fundings, consisting of $244.5 million of commercial and industrial, $166.7 million of commercial real estate and $137.8 million of residential and consumer. There were no residential mortgage purchases during the fourth quarter of 2016. As of December 31, 2016 new loans made up 94% of the total loan portfolio as compared to 93% and 89% as of September 30, 2016 and December 31, 2015, respectively.

The Bank’s acquired loan portfolio totaled $375.5 million as of December 31, 2016, a decrease of 13% from $431.7 million as of September 30, 2016 and a decrease of 36% from $582.4 million as of December 31, 2015. The decrease in the current quarter was driven by the resolution of $22.9 million of loans as well as scheduled loan amortization. As of December 31, 2016, acquired loans made up 6% of our total loan portfolio as compared to 7% and 11% as of September 30, 2016 and December 31, 2015, respectively.

Asset Quality

The provision for loan losses of $2.2 million recorded for the fourth quarter of 2016 includes a $3.0 million provision for new loans and net recoupment of valuation allowance of $0.8 million for the acquired loan portfolio. The provision for new loans served to increase the related allowance to $33.5 million, or 0.54% of the $6.3 billion in new loans outstanding. The nonperforming new loan ratio as of December 31, 2016 was 0.04%.

Deposits and Borrowings

Deposits totaled $7.3 billion as of December 31, 2016, an increase of 6% from $6.9 billion as of September 30, 2016 and an increase of 35% from $5.4 billion as of December 31, 2015. During the fourth quarter of 2016, demand deposits increased by $173.8 million, or 10%, from September 30, 2016 and increased by $664.9 million, or 53%, from December 31, 2015. Demand deposits represent 26% of total deposits as of December 31, 2016 as compared to 25% and 23% as of September 30, 2016 and December 31, 2015, respectively. The cost of deposits was 72 basis points for the quarter, representing a basis point increase from the third quarter of 2016 and a 12 basis point increase from the fourth quarter of 2015.

Net Interest Margin and Net Interest Income

The net interest margin for the fourth quarter of 2016 was 3.41%, a decrease of 3 basis points from the third quarter of 2016 and a decrease of 28 basis points from the fourth quarter of 2015. The decrease from the third quarter of 2016 was due primarily to the continued attrition of the acquired loan portfolio.

Net interest income totaled $71.1 million in the fourth quarter of 2016, an increase of 6% from $67.3 million in the third quarter of 2016 and an increase of 15% from $62.0 million in the fourth quarter of 2015. Interest income totaled $85.6 million for the fourth quarter of 2016, an increase of 6% from $80.8 million in the third quarter of 2016 and an increase of 20% from $71.2 million in the fourth quarter of 2015. Interest income from new loans increased by $4.2 million, or 8%, from the third quarter of 2016 due to continued growth in the new loan portfolio. Interest income on acquired loans decreased by $1.4 million, or 9%, from the third quarter as balance runoff offset better than expected cash flow performance. Interest expense was $14.5 million for the fourth quarter of 2016, an increase of 7% from $13.5 million in the third quarter of 2016 and an increase of 58% from $9.2 million in the fourth quarter of 2015. The increase from the third quarter of 2016 was a result of a 7%, or $433.0 million, increase of average interest-bearing liabilities.

Noninterest Income and Noninterest Expense

Noninterest income totaled $7.9 million for the fourth quarter of 2016 as compared to $8.1 million for the third quarter of 2016 and $7.5 million for the fourth quarter of 2015. The primary components of noninterest income for the quarter were loan and other fees, bank-owned life insurance income and income from the resolution of acquired assets of $2.5 million, $1.3 million and $1.1 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 $33.6 million for the fourth quarter of 2016, an increase of 2% from $33.0 million in the third quarter of 2016 and an increase of 1% from $33.2 million in the fourth quarter of 2015. For the quarter, the Company recorded non-core expenses of $241 thousand consisting of $132 thousand of severance expense, $43 thousand of cease use expense and $66 thousand of other operating 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 10.0%, 10.3% and 12.5% for the fourth quarter of 2016 respectively, compared to 10.4%, 10.3% and 12.0% for the third quarter of 2016, respectively. Stockholders’ equity totaled $982.4 million as of December 31, 2016, an increase of 1.7% from $966.1 million as of September 30, 2016 due to net income of $27.9 million that was partially offset by a decrease in accumulated other comprehensive income of $20.2 million. The Company did not repurchase common stock during the quarter. Tangible book value per common share is $21.78 as of December 31, 2016.

Conference Call

The Company will host a conference call today, Wednesday, January 25, 2017 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 February 25, 2017, by dialing (877) 344-7529 and entering pass code 10098372.

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.

FCB Financial Holdings, Inc. (NYSE: FCB) is the third largest Florida-based independent bank, and among the most highly capitalized banks in the state. Awarded a five-star rating from Bauer Financial™, FCB assets are more than $9 billion, with capital ratios that exceed regulatory standards. Since its founding in 2010, FCB has been steadfast in its commitment to delivering personalized service, innovation, and products and services equal to those offered by the national banks. Similarly, FCB recognizes the importance of community, fostering a corporate culture that promotes employee volunteerism at all levels, while supporting community-based programs and partnerships that help promote greater financial independence and improved quality of life for families. FCB serves individuals, businesses and communities across the state with 46 full-service banking centers from east to west, and from Daytona Beach to Miami-Dade. For more information, visit 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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