Business Segments · Noninterest Expense

Asset & Wealth Management — Noninterest Expense

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 1, 2026

How to read this metric

Lower values relative to revenue indicate higher operational efficiency.

Detailed definition

The sum of all operating expenses for the Asset and Wealth Management segment, including both compensation and non-compe...

Peer comparison

Standard segment-level expense metric; peers report this as 'Total Operating Expenses'.

Metric ID: jpm_segment_asset_wealth_management_noninterest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$2.59B$4.17B
CAGR+10.6%
Avg YoY Growth+9.0%
Median YoY Growth+9.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is JPMorgan Chase's asset & wealth management — noninterest expense?
JPMorgan Chase (JPM) reported asset & wealth management — noninterest expense of $4.17B in Q1 2026.
How has JPMorgan Chase's asset & wealth management — noninterest expense changed year-over-year?
JPMorgan Chase's asset & wealth management — noninterest expense increased by 12.2% year-over-year, from $3.71B to $4.17B.
What is the long-term trend for JPMorgan Chase's asset & wealth management — noninterest expense?
Over 4 years (2021 to 2025), JPMorgan Chase's asset & wealth management — noninterest expense has grown at a 8.9% compound annual growth rate (CAGR), from $10.92B to $15.33B.
What does asset & wealth management — noninterest expense mean?
The total operating costs required to run the wealth management business.