XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.25.4

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 5 - Goodwill and Other Intangible Assets Goodwill allocated to each reporting unit at December 31, 2025 and 2024 is presented as follows:
(in thousands) | Wholesale Banking Reporting Unit |  | Community Banking Reporting Unit |  | Consumer Banking Reporting Unit |  |  |  | Wealth Management Reporting Unit |  | Total Goodwill
Balance as of December 31, 2023 | $ | 175,833 |  |  | $ | 172,134 |  |  | $ | 114,701 |  |  |  |  | $ | 17,772 |  |  | $ | 480,440 |
Change in goodwill | — |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Balance as of December 31, 2024 | $ | 175,833 |  |  | $ | 172,134 |  |  | $ | 114,701 |  |  |  |  | $ | 17,772 |  |  | $ | 480,440 |
Change in goodwill | — |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Balance as of December 31, 2025 | $ | 175,833 |  |  | $ | 172,134 |  |  | $ | 114,701 |  |  |  |  | $ | 17,772 |  |  | $ | 480,440 |
Goodwill is evaluated for impairment on an annual basis or whenever an event occurs or circumstances change to indicate that it is more likely than not that an impairment loss has been incurred (i.e., a triggering event). As of October 1, 2025, Synovus completed its annual goodwill impairment evaluation by performing a qualitative assessment of goodwill at the reporting unit level. In performing the qualitative assessment, the Company evaluated events and circumstances since the last impairment analysis, recent operating performance including reporting unit performance, changes in market capitalization, changes in the business climate, company-specific factors and trends in the banking industry. The results of the qualitative assessment indicated that it was more likely than not that the estimated fair value of each reporting unit exceeded its carrying amount as of the test date; therefore, a quantitative goodwill impairment test was not necessary. The following table shows the gross carrying amount and accumulated amortization of other intangible assets as of December 31, 2025 and 2024. The CDI is being amortized over its estimated useful life of approximately ten years utilizing an accelerated method. Intangible assets, which primarily included client relationships, partner relationships, and developed technology, are being amortized on a straight-line basis over their estimated useful lives ranging from five to eight years. Aggregate other intangible assets amortization expense for the years ended December 31, 2025, 2024, and 2023 was $10.5 million, $11.6 million, and $10.5 million, respectively, and is included in other operating expense on the consolidated statements of income.
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
December 31, 2025 |  |  |  |  |
CDI | $ | 57,400 |  |  | $ | (51,138) |  |  | $ | 6,262 |
Client Relationships | 22,100 |  |  | (13,331) |  |  | 8,769 |
Partner Relationships | 4,700 |  |  | (2,429) |  |  | 2,271 |
Developed Technology | 11,091 |  |  | (5,730) |  |  | 5,361 |
Other | 3,900 |  |  | (2,754) |  |  | 1,146 |
Total other intangible assets | $ | 99,191 |  |  | $ | (75,382) |  |  | $ | 23,809 |
December 31, 2024 |  |  |  |  |
CDI | $ | 57,400 |  |  | $ | (46,964) |  |  | $ | 10,436 |
Client Relationships | 22,100 |  |  | (10,705) |  |  | 11,395 |
Partner Relationships | 4,700 |  |  | (1,488) |  |  | 3,212 |
Developed Technology | 11,091 |  |  | (3,512) |  |  | 7,579 |
Other | 3,900 |  |  | (2,204) |  |  | 1,696 |
Total other intangible assets | $ | 99,191 |  |  | $ | (64,873) |  |  | $ | 34,318 |
The estimated amortization expense of other intangible assets for the next five years is as follows:
(in thousands) | Amortization Expense
2026 | $ | 9,438 |
2027 | 8,067 |
2028 | 3,826 |
2029 | 1,025 |
2030 | 1,025 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration