CORAL GABLES, FL--(Marketwire - Sep 10, 2012) - Capital Bank Financial Corp. ("Capital Bank Financial"), formerly known as North American Financial Holdings, Inc., a North Carolina-based national bank holding company, today announced the launch of its initial public offering of 11,363,636 shares of Class A common stock. Capital Bank Financial is offering 5,681,818 shares and certain of its stockholders are offering 5,681,818 shares. The estimated initial public offering price is between $21.00 and $23.00 per share. Capital Bank Financial has applied to list its Class A common stock on The Nasdaq Global Select Market under the symbol "CBF." The underwriters will have the option to purchase from the selling stockholders up to an additional 1,704,545 shares of Class A common stock, on the same terms and conditions, to cover over-allotments, if any. Capital Bank Financial will not receive any proceeds from the sale of shares by the selling stockholders. Capital Bank Financial intends to use its net proceeds from the offering for general corporate purposes. 

Credit Suisse Securities (USA) LLC, BofA Merrill Lynch, Goldman, Sachs & Co., Barclays and FBR are acting as joint book-running managers of the proposed offering. Keefe, Bruyette & Woods and Sandler, O'Neill + Partners, L.P. are acting as co-managers of the proposed offering. The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the proposed offering may be obtained by contacting Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10010, Attention: Prospectus Department, emailing  or calling 1-800-221-1037, or BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department or emailing

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Capital Bank Financial Corp.

Capital Bank Financial is a national bank holding company that was incorporated in the State of Delaware in 2009. Capital Bank Financial has raised approximately $900 million of equity capital with the goal of creating a regional banking franchise in the southeastern region of the United States. Capital Bank Financial has previously invested in First National Bank of the South, MetroBank of Dade Country, Turnberry Bank, TIB Financial Corp., Capital Bank Corporation and Green Bankshares, Inc. Capital Bank Financial is the parent of Capital Bank, National Association, a national banking association with approximately $6.3 billion in total assets and 143 full-service banking offices throughout southern Florida and the Florida Keys, North Carolina, South Carolina, Tennessee and Virginia. Capital Bank Financial is also the parent company of Naples Capital Advisors, Inc., a registered investment advisor.

For more information, contact Christopher G. Marshall, at (704) 554-5901.

Contact Information:

For more information, contact:
Christopher G. Marshall
(704) 554-5901