Bank of America Global Markets — Labor and Related Expense increased by 22.8% to $1.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $1.05B to $1.16B. Over 3 years (FY 2022 to FY 2025), Global Markets — Labor and Related Expense shows an upward trend with a 6.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising costs may indicate headcount growth or increased performance-based compensation, which should be weighed against revenue growth.
This metric encompasses all personnel-related costs for the segment, including salaries, benefits, bonuses, and incentiv...
Standard operating expense category; peers report this as personnel or compensation expense.
bac_segment_global_markets_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 | $802.50M | $802.50M | $802.50M | $802.50M | $857.50M | $857.50M | $857.50M | $857.50M | $964.00M | $873.00M | $877.00M | $838.00M | $1.05B | $944.00M | $985.00M | $943.00M | $1.16B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.9% | +0.0% | +0.0% | +0.0% | +12.4% | -9.4% | +0.5% | -4.4% | +25.5% | -10.3% | +4.3% | -4.3% | +22.8% |
| YoY Change | — | — | — | — | +6.9% | +6.9% | +6.9% | +6.9% | +12.4% | +1.8% | +2.3% | -2.3% | +9.1% | +8.1% | +12.3% | +12.5% | +10.1% |