Bank of America BAC Global Wealth & Investment Management — Labor and Related Expense
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Where this comes from
Reported directly by Bank of America in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
The official record: Bank of America’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Bank of America's global wealth & investment management — labor and related expense?
- Bank of America (BAC) reported global wealth & investment management — labor and related expense of $3.26B in Q1 2026.
- How has Bank of America's global wealth & investment management — labor and related expense changed year-over-year?
- Bank of America's global wealth & investment management — labor and related expense increased by 7.6% year-over-year, from $3.03B to $3.26B.
- What is the long-term trend for Bank of America's global wealth & investment management — labor and related expense?
- Over 3 years (2022 to 2025), Bank of America's global wealth & investment management — labor and related expense has grown at a 6.7% compound annual growth rate (CAGR), from $9.92B to $12.06B.
- What does global wealth & investment management — labor and related expense mean?
- The total costs associated with employee compensation, including salaries, benefits, incentives, and payroll taxes within the wealth management segment. This is typically the largest component of noninterest expense for service-oriented wealth management businesses.