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Synovus Financial Corp. – ‘10-K’ for 12/31/23 – ‘EX-32’

On:  Friday, 2/23/24, at 7:40am ET   ·   For:  12/31/23   ·   Accession #:  18349-24-53   ·   File #:  1-10312

Previous ‘10-K’:  ‘10-K’ on 2/24/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   34 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/23/24  Synovus Financial Corp.           10-K       12/31/23  136:28M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   5.86M 
 3: EX-10.34    Material Contract                                   HTML     42K 
 4: EX-10.43    Material Contract                                   HTML     70K 
 5: EX-10.44    Material Contract                                   HTML     71K 
 2: EX-10.9     Material Contract                                   HTML     42K 
 6: EX-14       Code of Ethics                                      HTML     76K 
 7: EX-21.1     Subsidiaries List                                   HTML     67K 
 8: EX-23.1     Consent of Expert or Counsel                        HTML     37K 
12: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     59K 
                Awarded Compensation                                             
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     42K 
10: EX-31.2     Certification -- §302 - SOA'02                      HTML     42K 
11: EX-32       Certification -- §906 - SOA'02                      HTML     40K 
18: R1          Cover Page                                          HTML    114K 
19: R2          Audit Information                                   HTML     43K 
20: R3          Consolidated Balance Sheets                         HTML    156K 
21: R4          Consolidated Balance Sheets (Parenthetical)         HTML     56K 
22: R5          Consolidated Statements of Income                   HTML    178K 
23: R6          Consolidated Statements of Comprehensive Income     HTML    145K 
24: R7          Consolidated Statements of Changes in               HTML    133K 
                Shareholders' Equity                                             
25: R8          Consolidated Statements of Changes in               HTML     43K 
                Shareholders' Equity (Parenthetical)                             
26: R9          Consolidated Statements of Cash Flows               HTML    158K 
27: R10         Summary of Significant Accounting Policies          HTML    148K 
28: R11         Investment Securities Available for Sale            HTML    215K 
29: R12         Loans and Allowance for Loan Losses                 HTML    962K 
30: R13         Premises, Equipment and Software                    HTML     53K 
31: R14         Goodwill and Other Intangible Assets                HTML    100K 
32: R15         Other Assets                                        HTML     59K 
33: R16         Deposits                                            HTML     59K 
34: R17         Other Short-term Borrowings and Long-term Debt      HTML     91K 
35: R18         Shareholders' Equity and Other Comprehensive        HTML    134K 
                Income                                                           
36: R19         Regulatory Capital                                  HTML     93K 
37: R20         Net Income Per Common Share                         HTML     60K 
38: R21         Fair Value Accounting                               HTML    335K 
39: R22         Derivative Instruments                              HTML    189K 
40: R23         Commitments and Contingencies                       HTML     72K 
41: R24         Share-based Compensation and Other Employment       HTML    119K 
                Benefit Plans                                                    
42: R25         Income Taxes                                        HTML    142K 
43: R26         Segment Reporting                                   HTML    138K 
44: R27         Condensed Financial Information of Synovus          HTML    143K 
                Financial Corp. (Parent Company only)                            
45: R28         Subsequent Event                                    HTML     40K 
46: R29         Summary of Significant Accounting Policies          HTML    201K 
                (Policies)                                                       
47: R30         Summary of Significant Accounting Policies          HTML     53K 
                (Tables)                                                         
48: R31         Investment Securities Available for Sale (Tables)   HTML    217K 
49: R32         Loans and Allowance for Loan Losses (Tables)        HTML    948K 
50: R33         Premises, Equipment and Software (Tables)           HTML     52K 
51: R34         Goodwill and Other Intangible Assets (Tables)       HTML    103K 
52: R35         Other Assets (Tables)                               HTML     58K 
53: R36         Deposits (Tables)                                   HTML     58K 
54: R37         Other Short-term Borrowings and Long-term Debt      HTML     94K 
                (Tables)                                                         
55: R38         Shareholders' Equity and Other Comprehensive        HTML    129K 
                Income (Tables)                                                  
56: R39         Regulatory Capital (Tables)                         HTML     89K 
57: R40         Net Income Per Common Share (Tables)                HTML     58K 
58: R41         Fair Value Accounting (Tables)                      HTML    344K 
59: R42         Derivative Instruments (Tables)                     HTML    179K 
60: R43         Commitments and Contingencies (Tables)              HTML     57K 
61: R44         Share-based Compensation and Other Employment       HTML    118K 
                Benefit Plans (Tables)                                           
62: R45         Income Taxes (Tables)                               HTML    146K 
63: R46         Segment Reporting (Tables)                          HTML    129K 
64: R47         Condensed Financial Information of Synovus          HTML    147K 
                Financial Corp. (Parent Company only) (Tables)                   
65: R48         Summary of Significant Accounting Policies          HTML    129K 
                (Details)                                                        
66: R49         Investment Securities Available for Sale - Summary  HTML     80K 
                Of Available For Sale Investment Securities                      
                (Details)                                                        
67: R50         Investment Securities Available for Sale -          HTML     59K 
                Narrative (Details)                                              
68: R51         Investment Securities Available for Sale -          HTML     87K 
                Schedule Of Unrealized Loss On Investments                       
                (Details)                                                        
69: R52         Investment Securities Available for Sale -          HTML    107K 
                Amortized Cost And Estimated Fair Value By                       
                Contractual Maturity Of Investment Securities                    
                Available For Sale (Details)                                     
70: R53         Investment Securities Available for Sale - Summary  HTML     44K 
                Of Sales Transactions In The Investment Securities               
                Available For Sale Portfolio (Details)                           
71: R54         Loans and Allowance for Loan Losses - Schedule Of   HTML    152K 
                Current, Accruing Past Due And Nonaccrual Loans                  
                (Details)                                                        
72: R55         Loans and Allowance for Loan Losses - Narrative     HTML     96K 
                (Details)                                                        
73: R56         Loans and Allowance for Loan Losses - Loan          HTML    369K 
                Portfolio Credit Exposure (Details)                              
74: R57         Loans and Allowance for Loan Losses - Schedule of   HTML     60K 
                Allowances For Loan Losses and Recorded Investment               
                In Loans (Details)                                               
75: R58         Loans and Allowance for Loan Losses - Amortized     HTML    147K 
                Cost of Loans by Loan Portfolio Class (Details)                  
76: R59         Loans and Allowance for Loan Losses - Financial     HTML     79K 
                Effect of Loan Modifications Made To Borrowers                   
                Experiencing Financial Difficulty (Details)                      
77: R60         Loans and Allowance for Loan Losses - Aging         HTML    127K 
                Analysis (Details)                                               
78: R61         Loans And Allowance For Loan Losses - Troubled      HTML    112K 
                Debt Restructurings (Details)                                    
79: R62         Premises, Equipment and Software - Schedule of      HTML     57K 
                Premises Equipment and Software (Details)                        
80: R63         Premises, Equipment and Software - Narrative        HTML     44K 
                (Details)                                                        
81: R64         Goodwill and Other Intangible Assets - Narrative    HTML     77K 
                (Details)                                                        
82: R65         Goodwill and Other Intangible Assets - Schedule of  HTML     61K 
                Goodwill (Details)                                               
83: R66         Goodwill and Other Intangible Assets - Other        HTML     59K 
                Intangible Assets (Details)                                      
84: R67         Goodwill and Other Intangible Assets -              HTML     49K 
                Amortization Expense (Details)                                   
85: R68         Other Assets - Schedule of Other Assets (Details)   HTML     73K 
86: R69         Other Assets - Narrative (Details)                  HTML     45K 
87: R70         Deposits (Details)                                  HTML     65K 
88: R71         Other Short-term Borrowings and Long-term Debt -    HTML     45K 
                Schedule of Short-term Borrowings (Details)                      
89: R72         Other Short-term Borrowings and Long-term Debt -    HTML     49K 
                Additional Information on Synovus' Short-term                    
                Borrowings (Details)                                             
90: R73         Other Short-term Borrowings and Long-term Debt -    HTML     96K 
                Schedule of Long-term Debt Instruments (Details)                 
91: R74         Other Short-term Borrowings and Long-term Debt -    HTML     70K 
                Principal Payments on Long-term Debt (Details)                   
92: R75         Shareholders' Equity and Other Comprehensive        HTML     82K 
                Income - Changes in Shares by Class (Details)                    
93: R76         Shareholders' Equity and Other Comprehensive        HTML     76K 
                Income - Preferred Stock (Details)                               
94: R77         Shareholders' Equity and Other Comprehensive        HTML     59K 
                Income - Common Stock (Details)                                  
95: R78         Shareholders' Equity and Other Comprehensive        HTML     73K 
                Income - OCI (Details)                                           
96: R79         Regulatory Capital (Details)                        HTML    104K 
97: R80         Net Income Per Common Share - Schedule of Basic     HTML     69K 
                and Diluted Earnings Per Share (Details)                         
98: R81         Net Income Per Common Share - Narrative (Details)   HTML     40K 
99: R82         Fair Value Accounting - Financial Instruments       HTML    165K 
                Measured At Fair Value On A Recurring Basis                      
                (Details)                                                        
100: R83         Fair Value Accounting - Changes in Fair Value       HTML     45K  
                Included in Consolidated Statements of Income                    
                (Details)                                                        
101: R84         Fair Value Accounting - Changes In Level 3 Fair     HTML     49K  
                Value Measurements (Details)                                     
102: R85         Fair Value Accounting - Fair Value Measurements     HTML     44K  
                and Valuation Techniques (Details)                               
103: R86         Fair Value Accounting - Assets And Liabilities      HTML     59K  
                Measured At Fair Value On A Non-Recurring Basis                  
                (Details)                                                        
104: R87         Fair Value Accounting - Valuation Techniques and    HTML     63K  
                Significant Unobservable Inputs (Details)                        
105: R88         Fair Value Accounting - Carrying And Estimated      HTML    142K  
                Fair Values Of Financial Instruments Carried On                  
                Balance Sheet (Details)                                          
106: R89         Derivative Instruments - Narrative (Details)        HTML     70K  
107: R90         Derivative Instruments - Impact Of Derivatives On   HTML     78K  
                Balance Sheet (Details)                                          
108: R91         Derivative Instruments - Effect Of Fair Value       HTML     75K  
                Hedges On Consolidated Statements Of Income                      
                (Details)                                                        
109: R92         Derivative Instruments - Schedule of the Carrying   HTML     55K  
                Amount and Associated Cumulative Basis Adjustment                
                Related to the Application of Hedge Accounting                   
                (Details)                                                        
110: R93         Derivative Instruments - Effect of Fair Value       HTML     56K  
                Hedges on Consolidated Statements of Income                      
                (Details)                                                        
111: R94         Commitments and Contingencies - Narrative           HTML     70K  
                (Details)                                                        
112: R95         Commitments and Contingencies - Small Business      HTML     72K  
                Loans (Details)                                                  
113: R96         Share-based Compensation and Other Employment       HTML     79K  
                Benefit Plans - Narrative (Details)                              
114: R97         Share-based Compensation and Other Employment       HTML     47K  
                Benefit Plans - Expenses (Details)                               
115: R98         Share-based Compensation and Other Employment       HTML     61K  
                Benefit Plans - Stock Options (Details)                          
116: R99         Share-based Compensation and Other Employment       HTML     54K  
                Benefit Plans - Fair Value Assumptions-RSUs                      
                (Details)                                                        
117: R100        Share-based Compensation and Other Employment       HTML     71K  
                Benefit Plans - Restricted Stock Units Activity                  
                (Details)                                                        
118: R101        Share-based Compensation and Other Employment       HTML     48K  
                Benefit Plans - Other Employee Benefit Plans                     
                (Details)                                                        
119: R102        Income Taxes - Components of Income Tax Expense     HTML     61K  
                (Details)                                                        
120: R103        Income Taxes - Effective Income Tax Reconciliation  HTML     61K  
                (Details)                                                        
121: R104        Income Taxes - Deferred Tax Assets and Liabilities  HTML     89K  
                (Details)                                                        
122: R105        Income Taxes - Narrative (Details)                  HTML     47K  
123: R106        Income Taxes - Tax Carryforwards (Details)          HTML     59K  
124: R107        Income Taxes - Unrecognized Tax Benefits (Details)  HTML     58K  
125: R108        Segment Reporting - Narrative (Details)             HTML     65K  
126: R109        Segment Reporting - Schedule of Segment Reporting   HTML     88K  
                Information, by Segment (Details)                                
127: R110        Condensed Financial Information of Synovus          HTML    117K  
                Financial Corp. (Parent Company only) - Condensed                
                Balance Sheets (Details)                                         
128: R111        Condensed Financial Information of Synovus          HTML     90K  
                Financial Corp. (Parent Company only) - Condensed                
                Statements Of Income (Details)                                   
129: R112        Condensed Financial Information of Synovus          HTML     64K  
                Financial Corp. (Parent Company only) - Condensed                
                Statements of Comprehensive Income (Details)                     
130: R113        Condensed Financial Information of Synovus          HTML    100K  
                Financial Corp. (Parent Company only) - Condensed                
                Statements of Cash Flows (Details)                               
131: R114        Subsequent Event (Details)                          HTML     54K  
133: XML         IDEA XML File -- Filing Summary                      XML    251K  
136: XML         XBRL Instance -- syn-20231231_htm                    XML   8.93M  
132: EXCEL       IDEA Workbook of Financial Report Info              XLSX    369K  
14: EX-101.CAL  XBRL Calculations -- syn-20231231_cal                XML    449K 
15: EX-101.DEF  XBRL Definitions -- syn-20231231_def                 XML   1.61M 
16: EX-101.LAB  XBRL Labels -- syn-20231231_lab                      XML   3.28M 
17: EX-101.PRE  XBRL Presentations -- syn-20231231_pre               XML   2.24M 
13: EX-101.SCH  XBRL Schema -- syn-20231231                          XSD    338K 
134: JSON        XBRL Instance as JSON Data -- MetaLinks              848±  1.34M  
135: ZIP         XBRL Zipped Folder -- 0000018349-24-000053-xbrl      Zip   1.06M  


‘EX-32’   —   Certification — §906 – SOA’02


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Exhibit 32
CERTIFICATION OF PERIODIC REPORT
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, Kevin S. Blair, the Chief Executive Officer of Synovus Financial Corp. (the “Company”), and Andrew J. Gregory, Jr., the Chief Financial Officer of the Company, hereby certify that, to the best of their knowledge:
(1) The Company's Annual Report on Form 10-K for the period ended December 31, 2023 (the “Report”) fully complies with the requirements of section 13(a) or section 15(d) of the Securities Exchange Act of 1934; and
(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
 
Date:February 23, 2024BY:/s/ Kevin S. Blair
Kevin S. Blair
Chairman of the Board, Chief Executive Officer, and President
Date:February 23, 2024BY:/s/ Andrew J. Gregory, Jr.
Andrew J. Gregory, Jr.
Executive Vice President and Chief Financial Officer
This certification “accompanies” the Form 10-K to which it relates, is not deemed filed with the SEC and is not to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended (whether made before or after the date of the Form 10-K, irrespective of any general incorporation contained in such filing.)



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/23/24
For Period end:12/31/2313F-HR
 List all Filings 


34 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/24/23  Synovus Financial Corp.           10-K       12/31/22  133:29M
 2/16/23  Synovus Financial Corp.           8-K:1,2,9   2/16/23   12:3.8M
 8/11/22  Synovus Financial Corp.           8-K:2,9     8/11/22   13:2.9M
 2/25/22  Synovus Financial Corp.           10-K       12/31/21  128:29M
11/03/21  Synovus Financial Corp.           10-Q        9/30/21   78:21M
 5/06/21  Synovus Financial Corp.           10-Q        3/31/21   79:18M
 3/01/21  Synovus Financial Corp.           10-K       12/31/20  130:29M
10/29/20  Synovus Financial Corp.           8-K:1,2,9  10/29/20   13:361K
 4/24/20  Synovus Financial Corp.           8-K:3,5,9   4/24/20   14:559K
 3/02/20  Synovus Financial Corp.           10-K       12/31/19  141:36M
 7/01/19  Synovus Financial Corp.           8-K:3,5,8,9 7/01/19    4:161K                                   Broadridge Fin’l So… Inc
 2/28/19  Synovus Financial Corp.           10-K       12/31/18  128:29M
 2/07/19  Synovus Financial Corp.           8-K:1,2,9   2/07/19    3:302K
 6/21/18  Synovus Financial Corp.           8-K:3,5,8   6/20/18    4:146K
 2/28/18  Synovus Financial Corp.           10-K       12/31/17  151:32M
 8/04/17  Synovus Financial Corp.           10-Q        6/30/17   84:21M
 2/27/17  Synovus Financial Corp.           10-K       12/31/16  149:31M
 5/05/16  FCB Financial Holdings, Inc.      8-K:8       5/05/16    1:13K                                    Donnelley … Solutions/FA
 4/05/16  FCB Financial Holdings, Inc.      DEF 14A     5/16/16    1:1M                                     Donnelley … Solutions/FA
 2/18/16  Synovus Financial Corp.           8-K:5       2/11/16    3:102K                                   Donnelley … Solutions/FA
12/07/15  Synovus Financial Corp.           8-K:1,2,9  12/02/15    5:656K                                   Donnelley … Solutions/FA
 7/22/14  FCB Financial Holdings, Inc.      S-1/A                 11:10M                                    Int’l Print Group/FA
 6/20/14  FCB Financial Holdings, Inc.      S-1                   27:20M                                    Int’l Print Group/FA
 5/19/14  Synovus Financial Corp.           8-K:3,5,8,9 5/16/14    5:551K                                   Donnelley … Solutions/FA
 2/28/14  Synovus Financial Corp.           10-K       12/31/13  148:43M                                    Workiva Inc.
 1/24/14  Synovus Financial Corp.           8-K:5,9     1/22/14    4:119K                                   Donnelley … Solutions/FA
12/13/13  Synovus Financial Corp.           8-K:5,9    12/11/13    2:67K                                    Donnelley … Solutions/FA
 6/20/13  Synovus Financial Corp.           8-K:5,9     6/18/13    5:162K                                   Donnelley … Solutions/FA
 3/01/13  Synovus Financial Corp.           10-K       12/31/12  143:40M                                    Workiva Inc.
 2/13/12  Synovus Financial Corp.           8-K:1,8,9   2/08/12    5:556K                                   Donnelley … Solutions/FA
 8/10/09  Synovus Financial Corp.           10-Q        6/30/09    7:1M                                     Donnelley … Solutions/FA
 8/08/08  Synovus Financial Corp.           10-Q        6/30/08    7:815K                                   Bowne of Atlanta Inc./FA
 7/26/07  Synovus Financial Corp.           8-K:1,5,9   7/26/07    2:97K
 7/21/05  Synovus Financial Corp.           S-4                   13:778K                                   Bowne of Atlanta Inc./FA
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