Noninterest Expense
Citigroup Noninterest Expense increased by 3.4% to $14.31B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $13.43B to $14.31B. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows an upward trend with a 3.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.
Detailed definition
This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...
Peer comparison
Standardized across the banking industry as a primary measure of non-interest operating costs.
other_noninterest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $11.47B | $11.78B | $13.53B | $13.17B | $12.39B | $12.75B | $12.99B | $13.29B | $13.57B | $13.51B | $15.60B | $14.11B | $13.25B | $13.14B | $13.07B | $13.43B | $13.58B | $14.29B | $13.84B | $14.31B |
| QoQ Change | — | +2.7% | +14.9% | -2.7% | -5.9% | +2.9% | +1.9% | +2.3% | +2.1% | -0.4% | +15.5% | -9.6% | -6.1% | -0.8% | -0.6% | +2.7% | +1.1% | +5.3% | -3.1% | +3.4% |
| YoY Change | — | — | — | — | +8.0% | +8.3% | -4.0% | +0.9% | +9.5% | +6.0% | +20.1% | +6.2% | -2.4% | -2.7% | -16.2% | -4.8% | +2.5% | +8.7% | +5.9% | +6.6% |
Business Segments
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Markets | — | — | — | $3.47B | $3.51B | $3.49B | $3.61B | $3.84B |
| Services | — | — | — | $2.58B | $2.68B | $2.71B | $2.84B | $2.94B |
| Wealth | — | — | — | $2.39B | $1.56B | $1.65B | $1.65B | $2.42B |
| USCC | — | — | — | $1.69B | $2.38B | $2.37B | $2.52B | $1.71B |
| Banking | — | — | — | $1.03B | $1.14B | $1.14B | $1.15B | $1.24B |
| Institutional Clients Group | $6.97B | $7.29B | $7.18B | — | — | — | — | — |
| Legacy Franchises | $1.75B | $1.78B | $1.79B | — | — | — | — | — |
| Personal Banking and Wealth Management | $4.25B | $4.20B | $4.30B | — | — | — | — | — |
| Total | $13.29B | $13.57B | $13.51B | $13.43B | $13.58B | $14.29B | $13.84B | $14.31B |
Institutional Clients Group, Legacy Franchises, Personal Banking and Wealth Management were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Noninterest Expense at Other Companies
Frequently Asked Questions
- What is Citigroup's noninterest expense?
- Citigroup (C) reported noninterest expense of $14.31B in Q1 2026.
- How has Citigroup's noninterest expense changed year-over-year?
- Citigroup's noninterest expense increased by 6.6% year-over-year, from $13.43B to $14.31B.
- What is the long-term trend for Citigroup's noninterest expense?
- Over 4 years (2021 to 2025), Citigroup's noninterest expense has grown at a 3.4% compound annual growth rate (CAGR), from $48.19B to $55.13B.
- What does noninterest expense mean?
- The total operating expenses incurred by the company excluding interest-related costs.