JPMorgan Chase Asset & Wealth Management — Noninterest Expense increased by 2.4% to $4.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $3.71B to $4.17B. Over 4 years (FY 2021 to FY 2025), Asset & Wealth Management — Noninterest Expense shows an upward trend with a 8.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower values relative to revenue indicate higher operational efficiency.
The sum of all operating expenses for the Asset and Wealth Management segment, including both compensation and non-compe...
Standard segment-level expense metric; peers report this as 'Total Operating Expenses'.
jpm_segment_asset_wealth_management_noninterest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.59B | $2.76B | $3.00B | $2.86B | $2.92B | $3.03B | $3.02B | $3.09B | $3.16B | $3.14B | $3.39B | $3.46B | $3.54B | $3.64B | $3.77B | $3.71B | $3.73B | $3.82B | $4.07B | $4.17B |
| QoQ Change | — | +6.8% | +8.5% | -4.6% | +2.1% | +3.7% | -0.2% | +2.3% | +2.3% | -0.8% | +8.0% | +2.1% | +2.4% | +2.7% | +3.7% | -1.6% | +0.5% | +2.3% | +6.5% | +2.4% |
| YoY Change | — | — | — | — | +12.9% | +9.6% | +0.8% | +8.1% | +8.4% | +3.6% | +12.1% | +11.9% | +12.0% | +16.0% | +11.3% | +7.3% | +5.4% | +4.9% | +7.8% | +12.2% |