Business Segments · Labor and Related Expense

Asset & Wealth Management — Labor and Related Expense

JPMorgan Chase Asset & Wealth Management — Labor and Related Expense increased by 2.5% to $2.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.2%, from $2.07B to $2.34B. Over 3 years (FY 2022 to FY 2025), Asset & Wealth Management — Labor and Related Expense shows an upward trend with a 10.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase may signal investment in talent or higher performance-based compensation, while a decrease may indicate cost-cutting or reduced headcount.

Detailed definition

The total costs associated with employee compensation, including salaries, benefits, bonuses, and payroll taxes within t...

Peer comparison

Standard operating expense category; peers report this as 'Personnel Expense' or 'Compensation and Benefits'.

Metric ID: jpm_segment_asset_wealth_management_labor_and_related_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.58B$1.58B$1.58B$1.58B$1.78B$1.78B$1.78B$1.78B$1.97B$1.96B$1.99B$2.06B$2.07B$2.11B$2.16B$2.28B$2.34B
QoQ Change+0.0%+0.0%+0.0%+12.3%+0.0%+0.0%+0.0%+10.9%-0.6%+1.7%+3.2%+0.4%+2.2%+2.0%+5.9%+2.5%
YoY Change+12.3%+12.3%+12.3%+12.3%+10.9%+10.2%+12.1%+15.7%+4.8%+7.8%+8.1%+10.9%+13.2%
Range$1.58B$2.34B
CAGR+10.2%
Avg YoY Growth+11.0%
Median YoY Growth+12.1%
Current Streak7 quarters growth

Frequently Asked Questions

What is JPMorgan Chase's asset & wealth management — labor and related expense?
JPMorgan Chase (JPM) reported asset & wealth management — labor and related expense of $2.34B in Q1 2026.
How has JPMorgan Chase's asset & wealth management — labor and related expense changed year-over-year?
JPMorgan Chase's asset & wealth management — labor and related expense increased by 13.2% year-over-year, from $2.07B to $2.34B.
What is the long-term trend for JPMorgan Chase's asset & wealth management — labor and related expense?
Over 3 years (2022 to 2025), JPMorgan Chase's asset & wealth management — labor and related expense has grown at a 10.8% compound annual growth rate (CAGR), from $6.34B to $8.62B.
What does asset & wealth management — labor and related expense mean?
The total cost of salaries, bonuses, and benefits for employees in the wealth management division.