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Bank of America BAC Global Wealth & Investment Management — Other Noninterest Expense

Other segment segments

Consumer Banking
$4.25B-0.2%
Global Markets
$3.21B+16.4%
Global Banking
$2.01B+3.4%
Global Wealth And Investment Management
$32M+45.5%

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$96K-24.4%
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ALRSWealth Management — Other Noninterest Expense
$853K+100%
Orange County Bancorp logo
OBTWealth Management — Other Noninterest Expense
$387K+15.2%
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BUSEWealth Management — All other noninterest expense
$852K+15.6%
FRA
FRAFWealth — Other Non Interest Expense Excluding Salaries And Benefits
$308K+12.0%

Other financials

Income statement

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Revenue$31.6B+19.3%
Net income$9.1B+27.5%
EPS (diluted)$1.21+36.0%

Balance sheet

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Cash & equivalents$229.75B-13.6%
Total debt$339.86B+5.4%
Total equity$301.09B+0.5%
Total assets$3.50T+1.7%

Cash flow

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Operating cash flow$41.8B+2,013%

Valuation

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Market cap$430.06B+19.5%
Enterprise value$540.18B+29.8%
P/E12.8×-0.1×
P/S3.6×+0.3×

Profitability

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Net margin27.8%+2.3pp

Returns & leverage

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Return on equity11.2%+1.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Bank of America in its filing.

Tagged under the XBRL concept us-gaap:OtherNoninterestExpense.

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 — other noninterest expense?
Bank of America (BAC) reported global wealth & investment management — other noninterest expense of $1.68B in Q1 2026.
How has Bank of America's global wealth & investment management — other noninterest expense changed year-over-year?
Bank of America's global wealth & investment management — other noninterest expense increased by 3.1% year-over-year, from $1.63B to $1.68B.
What is the long-term trend for Bank of America's global wealth & investment management — other noninterest expense?
Over 3 years (2022 to 2025), Bank of America's global wealth & investment management — other noninterest expense has grown at a 5.6% compound annual growth rate (CAGR), from $5.57B to $6.56B.
What does global wealth & investment management — other noninterest expense mean?
Operating expenses for the wealth management segment excluding labor costs and credit loss provisions, such as technology, marketing, occupancy, and professional services. This captures the overhead required to support the segment's infrastructure and client services.