Business Segments · Noninterest Expense

Commercial & Investment Bank — Noninterest Expense

JPMorgan Chase Commercial & Investment Bank — Noninterest Expense increased by 23.6% to $11.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.1%, from $9.84B to $11.14B. Over 4 years (FY 2021 to FY 2025), Commercial & Investment Bank — Noninterest Expense shows an upward trend with a 10.6% 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 expenses relative to revenue indicate improved operational efficiency and higher profit margins.

Detailed definition

This is the sum of all operating expenses for the segment, including both compensation and non-compensation costs. It re...

Peer comparison

Standard 'Operating Expense' metric used to calculate efficiency ratios across the banking sector.

Metric ID: jpm_segment_commercial_investment_bank_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$6.52B$5.87B$6.06B$7.36B$6.81B$6.68B$11.21B$7.48B$8.19B$8.82B$8.17B$8.72B$9.17B$8.75B$8.71B$9.84B$9.64B$9.72B$9.01B$11.14B
QoQ Change-10.0%+3.1%+21.6%-7.5%-1.9%+67.8%-33.3%+9.5%+7.6%-7.4%+6.8%+5.1%-4.5%-0.4%+13.0%-2.0%+0.8%-7.3%+23.6%
YoY Change+4.4%+13.8%+85.2%+1.6%+20.3%+32.0%-27.2%+16.6%+11.9%-0.8%+6.6%+12.8%+5.2%+11.1%+3.4%+13.1%
Range$5.87B$11.21B
CAGR+11.9%
Avg YoY Growth+13.1%
Median YoY Growth+11.5%

Frequently Asked Questions

What is JPMorgan Chase's commercial & investment bank — noninterest expense?
JPMorgan Chase (JPM) reported commercial & investment bank — noninterest expense of $11.14B in Q1 2026.
How has JPMorgan Chase's commercial & investment bank — noninterest expense changed year-over-year?
JPMorgan Chase's commercial & investment bank — noninterest expense increased by 13.1% year-over-year, from $9.84B to $11.14B.
What is the long-term trend for JPMorgan Chase's commercial & investment bank — noninterest expense?
Over 4 years (2021 to 2025), JPMorgan Chase's commercial & investment bank — noninterest expense has grown at a 10.6% compound annual growth rate (CAGR), from $25.55B to $38.22B.
What does commercial & investment bank — noninterest expense mean?
The total operating expenses of the segment, excluding interest-related costs.