January 30, 2017

2016 Fourth Quarter Earnings

Investor Presentation

1 1

Forward-looking Statements When used in this presentation and in documents filed with or furnished to the Securities and Exchange Commission (the SEC), or other public shareholder communications, or in oral statements made with the approval of an authorized executive officer, the words or phrases believe, will, should, will likely result, are expected to, will continue, is anticipated, estimate, project, plans, or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made. These statements may relate to future financial performance, strategic plans or objectives, revenue, expense or earnings projections, or other financial items of Banc of California Inc. and its affiliates (BANC, the Company, we, us or our). By their nature, these statements are subject to numerous uncertainties that could cause actual results to differ materially from those anticipated in the statements. Factors that could cause actual results to differ materially from the results anticipated or projected include, but are not limited to, the following: (i) Pending governmental and internal investigations may result in adverse findings, reputational damage, the imposition of sanctions and other negative consequences; (ii) management time and resources may be diverted to address pending governmental and internal investigations as well as any related litigation; (iii) the recent resignation of our chief executive officer might cause a loss of confidence among certain customers who may withdraw their deposits or terminate their business relationships with us; (iv) our performance may be adversely affected by the management transition resulting from the recent resignation of our chief executive officer; (v) risks that the Companys acquisitions and dispositions, including the acquisitions of branches from Banco Popular, The Private Bank of California, and CS Financial, Inc., and the acquisition and disposition of The Palisades Group, may disrupt current plans and operations, the potential difficulties in customer and employee retention as a result of those transactions and the amount of the costs, fees, expenses and charges related to those transactions; (vi) the credit risks of lending activities, which may be affected by further deterioration in real estate markets and the financial condition of borrowers, may lead to increased loan and lease delinquencies, losses and nonperforming assets in our loan portfolio, and may result in our allowance for loan and lease losses not being adequate to cover actual losses and require us to materially increase our loan and lease loss reserves; (vii) the quality and composition of our securities and loan portfolios; (viii) changes in general economic conditions, either nationally or in our market areas; (ix) continuation of the historically low short-term interest rate environment, changes in the levels of general interest rates, and the relative differences between short- and long-term interest rates, deposit interest rates, our net interest margin and funding sources; (x) fluctuations in the demand for loans and leases, the number of unsold homes and other properties and fluctuations in commercial and residential real estate values in our market area; (xi) results of examinations of us by regulatory authorities and the possibility that any such regulatory authority may, among other things, require us to increase our allowance for loan and lease losses, write-down asset values, increase our capital levels, or affect our ability to borrow funds or maintain or increase deposits, which could adversely affect our liquidity and earnings; (xii) legislative or regulatory changes that adversely affect our business, including changes in regulatory capital or other rules; (xiii) our ability to control operating costs and expenses; (xiv) staffing fluctuations in response to product demand or the implementation of corporate strategies that affect our work force and potential associated charges; (xv) errors in our estimates in determining fair value of certain of our assets, which may result in significant declines in valuation; (xvi) the network and computer systems on which we depend could fail or experience a security breach; (xvii) our ability to attract and retain key members of our senior management team; (xviii) costs and effects of litigation, including settlements and judgments; (xix) increased competitive pressures among financial services companies; (xx) changes in consumer spending, borrowing and saving habits; (xxi) adverse changes in the securities markets; (xxii) earthquake, fire or other natural disasters affecting the condition of real estate collateral; (xxiii) the availability of resources to address changes in laws, rules or regulations or to respond to regulatory actions; (xxiv) inability of key third-party providers to perform their obligations to us; (xxv) changes in accounting policies and practices, as may be adopted by the financial institution regulatory agencies or the Financial Accounting Standards Board or their application to our business or final audit adjustments, including additional guidance and interpretation on accounting issues and details of the implementation of new accounting methods; (xxvi) war or terrorist activities; and (xxvii) other economic, competitive, governmental, regulatory, and technological factors affecting our operations, pricing, products and services and the other risks described in this report and from time to time in other documents that we file with or furnish to the SEC. You should not place undue reliance on forward-looking statements, and we undertake 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.

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$9.5 billion 2016 loan originations, $4.3 billion from commercial banking segment

Nonperforming assets / total assets declined to 0.16%

$6.0 ($0.1)

$30.2

$62.1

$115.4

2012 2013 2014 2015 2016

$1.7

$3.6

$6.0

$8.2

$11.0

2012 2013 2014 2015 2016

1 Dollars in billions 2 Dollars in millions

Net Income2 Total Assets1

Earnings Growth Rate Exceeding Pace of Asset Growth by Nearly 2x

CAGR +60% CAGR +110%

Compelling 2016 Financial Results Named to Forbes List of Americas Best Banks for Second Straight Year

1.1% ROAA in 4Q

17.3% ROATCE in 4Q

3 3

$0.39

($0.15)

$0.91

$1.34

$1.94

2012 2013 2014 2015 2016

$6.5 $7.9 $26.5

$104.3

$180.9

2012 2013 2014 2015 2016

0.4%

0.0%

0.7%

0.9%

1.1%

2012 2013 2014 2015 2016

3%

0%

10%

14%

17%

2012 2013 2014 2015 20161 Diluted 2 Dollars in millions, excludes expenses associated with investments in alternative energy partnerships 3 Return on Assets and Return on Tangible Common Equity based on average assets and average tangible common equity, respectively, over stated time periods

Track-Record of Consistently Improving Financial Results Profitable Year-over-Year Growth

Pre-Tax Net Income2 Earnings per Share1

Return on Tangible Common Equity3 Return on Assets3

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Strategic Actions to Focus & Optimize Balance Sheet Proactive Risk Management Demonstrates Flexibility and Strength of Balance Sheet

1. Completed divestiture of Commercial Equipment Finance division, representing $243 million of loans, to reduce credit risk within loan portfolio and to refocus on California and its communities.

2. Optimized balance sheet through the sale of $604 million of seasoned residential mortgage loans to support more traditional client relationship originations by unlocking capital and balance sheet capacity.

3. Reduced risk through disposition of $18 million of nonperforming loans.

4. Increased contingent liquidity by reducing FHLB borrowings by 36% during the fourth quarter to 4% of total assets.

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Asset Quality Remains Strong and Stable Proactive Risk Reduction Continues to Strengthen Asset Quality

$46.2 $44.5 $45.4 $35.5

$17.4

.56% .46% .45%

.32%

.16%

4Q15 1Q16 2Q16 3Q16 4Q16

NPAs NPAs/Assets

NPAs/Equity Nonperforming Assets1

ALLL and NPL Coverage

7.1%

5.1% 4.8% 3.7%

1.8%

4Q15 1Q16 2Q16 3Q16 4Q16

.7% .7% .6% .6% .7%

79% 81% 83% 114%

271%

4Q15 1Q16 2Q16 3Q16 4Q16

ALLL/Total Loans ALLL/NPLs

Total Delinquent Loans/Total Loans

2.1% 2.2% 2.2% 1.6%

1.0%

4Q15 1Q16 2Q16 3Q16 4Q16

-75%

-52%

1 Dollars in millions

6 6

0.84%

0.58% 0.55% 0.53% 0.51% 0.48% 0.48%

0.37% 0.32%

0.27%

0.16% 0.14%

0.07%

PACW OPB BOFI CATY WAL HOPE WAFD EWBC BANCQ316

SIVB BANCQ416

CVBF FRC

NPAs to Assets Among Best in Peer Group NPAs/Assets Trending Down in 2016 Towards a Best in Class Ranking Relative to Peers1

NPAs/Assets2

1 Peer group figures contain the most recently available public data as of 01/29/17. 2 Source: SNL Financial; Non-performing assets ex restructured loans / Total Assets

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Lending Platforms

We Empower Californias Businesses and Entrepreneurs Funded Over $9 Billion in Loans to Clients in 2016

Commercial Lending

Commercial Real Estate

Multi-Family

Residential

SBA

Asset-Backed Lines of Credit

Warehouse

Construction and Rehabilitation

Entertainment and Private

Banking Platforms

Commercial

Private

Retail

Institutional

Payment Solutions

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$1.3

$2.9

$4.7

$6.3

$9.1

2012 2013 2014 2015 2016

CAGR +63%

Total Deposits1 (Annual)

Continued Strong Deposit Growth Strong and Competitive Funding is Key to Continued Long-Term Growth

Annual deposit growth of $2.8 billion

$6.3 $6.8

$7.9

$9.1 $9.1

4Q15 1Q16 2Q16 3Q16 4Q16

+45%

Total Deposits1 (Quarterly)

1 Dollars in billions

9 9

$46.6

$97.2

$155.3

$223.7

$325.5

2012 2013 2014 2015 2016

CAGR +63%

Growing Commercial Loans and Net Interest Income Consistent Performance in Spread-Based Revenue Complemented by Increased Commercial Mix

1 Dollars in millions

High quality earnings driven by increased commercial loan balances

Loans Held for Investment1

22% 26%

33%

37%

44%

35% 2%

2% $5,184

$6,035

YE 2015 YE 2016

C&I CRE & MF Residential Other

Net Interest Income1

+16%

10 10

C&I2 33%

Residential 32%

CRE & Multifamily

35%

Loan Growth Offset by Balance Sheet Optimization Strong Loan Production Diversified Across Asset Classes

1 Dollars in millions 2 C &I Loans include C&I, SBA and Lease loans 3 Total 4Q16 loan balance before sales

100% = $1.0 billion

4Q16 Commercial Banking Segment Loan Production 4Q16 Net Loan Growth1

$6,900

$6,035 $(604)

$(243) $(18)

$6,569

$331

3Q16 NetQuarterlyGrowth

4Q16 SFR PoolSales

CEF Sale NPL Sale 4Q16

+5%

11 11

92%

88%

75%

67%

FY 2013 FY 2014 FY 2015 FY 2016

Improving Long-Term Efficiency Trend Continued Scalability Facilitates Increased Asset Productivity

1 Adjusted efficiency ratio for 4Q16 including the pre-tax effect of investments in alternative energy partnerships 2 Dollars in millions

Adjusted Efficiency Ratio1

-27%

$2.6

$4.0

$4.8

$6.1

YE 2013 YE 2014 YE 2015 YE 2016

Assets / FTE2

12 12

7.4% 8.1%

9.2% 8.9% 9.4%

7.0%

3.3%

5.1% 3.9%

3.6% 3.8%

1.5%

10.7%

13.2% 13.1% 12.5%

13.2%

8.5%

4Q15 1Q16 2Q16 3Q16 4Q16 Basel III FullyPhased In

Common Equity Tier 1 (CET1) Additional Tier 1

Strong Capital Ratios Exceeding Basel III Guidelines Common Equity Tier 1 Ratio and Tier 1 Risk-Based Ratio at Highest Levels in Over a Year

BANC Capital Ratios

1 Dollars in millions

13 13

$6.0 ($0.1)

$30.2

$62.1

$115.4

2012 2013 2014 2015 2016

$1.7 $3.6

$6.0

$8.2

$11.0

2012 2013 2014 2015 2016

$(0.15)

$1.34

$0.39

$0.91

$1.94

2012 2013 2014 2015 2016

$1.3

$2.9

$4.7 $6.3

$9.1

2012 2013 2014 2015 2016

Deposits1

Earnings per Share3 Net Income2

Assets1

CAGR +60% CAGR +63%

CAGR +110% CAGR +49%

Banc of California: Our Mission & Vision in Action

1 Dollars in billions 2 Dollars in millions 3 Diluted

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Guiding Principles: Fresh Perspective on Business Outlook Four Pillar Approach Supports Shareholders, Clients, Employees and Communities

Mission & Vision

We are Californias Bank

Responsible & Disciplined

Growth

Strong & Stable Asset

Quality

Focus & Optimization

Growing Spread-Based Revenue

Demonstrating Expense Management & Efficiency

Investing in Scalable Products & Businesses

Shareholders Clients Employees Communities

Strong Corporate

Governance

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Metric FY 2016

Guidance FY 2016 Actual

Met Commitment

ROAA 1%+ 1.1%

ROATCE 15% 17.3%

Earnings Per Share1 $1.85+ $1.94

1 Excluding costs associated with capital transactions and M&A activity

FY 2016 Performance vs Guidance Exceeded Managements Guidance for FY 2016 on ROAA, ROATCE, and EPS

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Metric FY 2017

Guidance

ROAA 1%+

ROATCE 15%

Earnings Per Share1 Meet or Exceed

Consensus Estimate2

1 Excluding costs associated with capital transactions and M&A activity 2 Source: Analyst Reports: 2017 EPS consensus of $2.00 as of 1/30/2017, excluding low end estimate of $1.07

Establishing 2017 Guidance Maintain ROAA and ROATCE Targets; Establishing EPS Guidance Above Consensus