Wealth Management — Nonpersonnel expense
Wells Fargo & Company Wealth Management — Nonpersonnel expense decreased by 10.9% to $565.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $543.00M to $565.00M. Over 3 years (FY 2022 to FY 2025), Wealth Management — Nonpersonnel expense shows relatively stable performance with a 3.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests rising overhead or investments in technology and infrastructure, while a decrease indicates successful cost management.
Detailed definition
Operating expenses for the wealth management segment excluding employee compensation, such as technology costs, marketin...
Peer comparison
Standard operating expense category; peers use this to measure non-labor operational efficiency.
wfc_segment_wealth_management_nonpersonnel_expenseHistorical Data
| 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 | $562.75M | $562.75M | $562.75M | $562.75M | $579.50M | $579.50M | $579.50M | $579.50M | $552.00M | $667.00M | $603.00M | $638.00M | $543.00M | $615.00M | $665.00M | $634.00M | $565.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.0% | +0.0% | +0.0% | +0.0% | -4.7% | +20.8% | -9.6% | +5.8% | -14.9% | +13.3% | +8.1% | -4.7% | -10.9% |
| YoY Change | — | — | — | — | +3.0% | +3.0% | +3.0% | +3.0% | -4.7% | +15.1% | +4.1% | +10.1% | -1.6% | -7.8% | +10.3% | -0.6% | +4.1% |
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Frequently Asked Questions
- What is Wells Fargo & Company's wealth management — nonpersonnel expense?
- Wells Fargo & Company (WFC) reported wealth management — nonpersonnel expense of $565.00M in Q1 2026.
- How has Wells Fargo & Company's wealth management — nonpersonnel expense changed year-over-year?
- Wells Fargo & Company's wealth management — nonpersonnel expense increased by 4.1% year-over-year, from $543.00M to $565.00M.
- What is the long-term trend for Wells Fargo & Company's wealth management — nonpersonnel expense?
- Over 3 years (2022 to 2025), Wells Fargo & Company's wealth management — nonpersonnel expense has grown at a 3.0% compound annual growth rate (CAGR), from $2.25B to $2.46B.
- What does wealth management — nonpersonnel expense mean?
- Operating costs for the wealth management business excluding staff salaries and benefits.