Citigroup Wealth — Non-compensation expense increased by 51.9% to $1.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $1.51B to $1.55B. Over 3 years (FY 2022 to FY 2025), Wealth — Non-compensation expense shows an upward trend with a 9.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate strategic investment in technology or infrastructure, while a decrease suggests successful operational efficiency initiatives.
Operating expenses for the wealth management segment excluding personnel costs, such as technology infrastructure, marke...
Commonly tracked as non-personnel operating expenses in banking segment reporting.
c_segment_wealth_non_compensation_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 | $852.75M | $852.75M | $852.75M | $852.75M | $931.75M | $931.75M | $931.75M | $931.75M | $990.00M | $908.00M | $960.00M | $939.00M | $1.51B | $939.00M | $1.02B | $1.02B | $1.55B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.3% | +0.0% | +0.0% | +0.0% | +6.3% | -8.3% | +5.7% | -2.2% | +60.8% | -37.8% | +8.7% | -0.1% | +51.9% |
| YoY Change | — | — | — | — | +9.3% | +9.3% | +9.3% | +9.3% | +6.3% | -2.5% | +3.0% | +0.8% | +52.5% | +3.4% | +6.4% | +8.6% | +2.6% |