Wells Fargo & Company Commercial Banking — Total noninterest expense increased by 11.4% to $1.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.7%, from $1.67B to $1.61B. Over 4 years (FY 2021 to FY 2025), Commercial Banking — Total noninterest expense shows relatively stable performance with a 0.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower values relative to revenue indicate higher operational efficiency and better cost control.
The aggregate of all operating expenses for the commercial banking segment, including personnel costs, technology, occup...
Standard banking metric; used to calculate the efficiency ratio across the industry.
wfc_segment_commercial_banking_total_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 | $1.44B | $1.40B | $1.26B | $1.53B | $1.48B | $1.53B | $1.52B | $1.75B | $1.63B | $1.54B | $1.63B | $1.68B | $1.51B | $1.48B | $1.53B | $1.67B | $1.52B | $1.45B | $1.44B | $1.61B |
| QoQ Change | — | -3.3% | -10.0% | +21.8% | -3.5% | +3.2% | -0.2% | +15.0% | -7.0% | -5.3% | +5.6% | +3.0% | -10.3% | -1.7% | +3.0% | +9.5% | -9.0% | -4.9% | -0.1% | +11.4% |
| YoY Change | — | — | — | — | +2.4% | +9.3% | +21.2% | +14.4% | +10.3% | +1.1% | +7.0% | -4.2% | -7.6% | -4.1% | -6.4% | -0.5% | +0.9% | -2.4% | -5.4% | -3.7% |