Business Segments · Overhead ratio
Commercial & Investment Bank — Overhead ratio
JPMorgan Chase Commercial & Investment Bank — Overhead ratio decreased by 2.0% to 48.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from 50.0% to 48.0%. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 1, 2026
Rolls up toOverhead ratio
How to read this metric
A lower ratio is favorable, indicating better cost control and operational leverage, while a higher ratio suggests rising costs relative to income.
Detailed definition
The overhead ratio represents the proportion of noninterest expenses relative to total net revenues for the commercial a...
Peer comparison
Commonly referred to as the efficiency ratio in banking, used to benchmark operational discipline against peers.
Metric ID:
jpm_segment_commercial_investment_bank_overhead_ratioHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 49% | 47% | 1% | 54% | 57% | 56% | 55% | 50% | 56% | 1% | 50% | 51% | 51% | 50% | 49% | 49% | 48% |
| QoQ Change | — | -4.1% | -97.9% | >999% | +5.6% | -1.8% | -1.8% | -9.1% | +12.0% | -98.2% | >999% | +2.0% | +0.0% | -2.0% | -2.0% | +0.0% | -2.0% |
| YoY Change | — | — | — | — | +16.3% | +19.1% | +1.9% | -12.3% | +0.0% | — | -9.1% | +2.0% | -8.9% | +0.0% | -3.9% | -3.9% | -4.0% |
Range1% – 57%
CAGR-0.5%
Avg YoY Growth-0.2%
Median YoY Growth-2.0%
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Frequently Asked Questions
- What is JPMorgan Chase's commercial & investment bank — overhead ratio?
- JPMorgan Chase (JPM) reported commercial & investment bank — overhead ratio of 48.0% in Q1 2026.
- How has JPMorgan Chase's commercial & investment bank — overhead ratio changed year-over-year?
- JPMorgan Chase's commercial & investment bank — overhead ratio decreased by 4.0% year-over-year, from 50.0% to 48.0%.
- What does commercial & investment bank — overhead ratio mean?
- The ratio of operating expenses to total revenue, showing how much it costs to generate each dollar of income.