Banc of California to Present Upgraded Guidance at Raymond James Bank Conference

Chairman and CEO Steven Sugarman to Update Investors on Recent Growth and Strategic Partnerships; Total Assets Over $11 billion

IRVINE, Calif., Sept. 7, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), announced that Steven A. Sugarman, Chairman and Chief Executive Officer, will present at the Raymond James U.S. Bank Conference in Chicago, IL at 2:40 p.m. CT on Wednesday, September 7, 2016.

A live audio webcast of the presentation, along with a copy of the presentation slides, will be available via the Investor Relations section of the Company's website at www.bancofcal.com/investor. A replay of the presentation will be accessible for 90 days after the presentation date.

Additionally, the Company announced that its consolidated assets as of August 31, 2016 exceeded $11 billion and, therefore, the Company has increased its guidance for total assets to end 2016 from $10-11 billion to over $11 billion.

"The strong organic growth we continue to see supports our view that there is a secular shift occurring in the California banking landscape," said Sugarman, "Our recently announced partnerships with the Los Angeles Rams, the Los Angeles Football Club, and their respective foundations, make clear our enduring commitment to California and its diverse communities."

Mr. Sugarman was recently named by the Los Angeles Business Journal (LABJ) as one of the 500 Most Influential People in Los Angeles. The LABJ list draws from a dynamic region of over 10 million in order to compile a list that includes the most influential executives, business and real estate professionals, connectors, artists, and nonprofit leaders.

Banc of California is recognized by Forbes Magazine as one of America's Best Banks and is one of the fastest growing banks in America. Banc of California stands as best performing stock of the Forbes list since year-end 2014, with a total shareholder return of 106% through September 2, 2016.

About Banc of California, Inc. 
Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California's diverse businesses, entrepreneurs and communities. Banc of California operates over 100 offices in California and the West.

Forward-Looking Statements 
This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set forth from time to time in the documents filed or furnished by Banc of California, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and Banc of California, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

Investor Relations Inquiries:

Media Inquiries:

Banc of California, Inc.

Vectis Strategies

Timothy Sedabres, (855) 361-2262

David Herbst, (213) 973-4113 x101

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/banc-of-california-to-present-upgraded-guidance-at-raymond-james-bank-conference-300323563.html

SOURCE Banc of California, Inc.

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