JPMorgan Chase Commercial & Investment Bank — Labor and Related Expense increased by 38.7% to $5.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $5.13B to $5.74B. Over 3 years (FY 2022 to FY 2025), Commercial & Investment Bank — Labor and Related Expense shows an upward trend with a 5.7% CAGR.
Rising costs may indicate headcount growth or increased performance-based incentives, which should ideally be supported by revenue growth.
This includes all costs associated with the segment's workforce, such as salaries, bonuses, benefits, and payroll taxes....
Standard 'Personnel Expense' or 'Compensation and Benefits' line item in financial reporting.
jpm_segment_commercial_investment_bank_labor_and_related_expense| 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 | $4.05B | $4.05B | $4.05B | $4.05B | $4.28B | $4.28B | $4.28B | $4.28B | $4.90B | $4.75B | $4.51B | $4.03B | $5.13B | $5.01B | $4.86B | $4.14B | $5.74B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.5% | +0.0% | +0.0% | +0.0% | +14.5% | -2.9% | -5.1% | -10.6% | +27.1% | -2.2% | -3.0% | -14.9% | +38.7% |
| YoY Change | — | — | — | — | +5.5% | +5.5% | +5.5% | +5.5% | +14.5% | +11.1% | +5.5% | -5.7% | +4.7% | +5.5% | +7.8% | +2.6% | +12.0% |