Operating Expenses

Compensation and benefits

JPMorgan Chase Compensation and benefits increased by 16.9% to $15.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.8%, from $14.09B to $15.34B. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows an upward trend with a 9.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.81B$9.09B$9.07B$10.79B$10.30B$10.54B$10.01B$11.68B$11.22B$11.73B$11.85B$13.12B$12.95B$12.82B$12.47B$14.09B$13.71B$13.57B$13.12B$15.34B
QoQ Change-7.4%-0.2%+19.0%-4.5%+2.3%-5.0%+16.7%-3.9%+4.5%+1.0%+10.7%-1.3%-1.0%-2.7%+13.0%-2.7%-1.1%-3.3%+16.9%
YoY Change+5.0%+16.0%+10.4%+8.2%+8.9%+11.3%+18.4%+12.4%+15.5%+9.3%+5.3%+7.4%+5.8%+5.8%+5.2%+8.8%
Range$9.07B$15.34B
CAGR+9.9%
Avg YoY Growth+9.6%
Median YoY Growth+8.9%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial & Investment Bank$5.33B$5.01B$4.86B$4.14B$5.74B
Consumer & Community Banking$4.45B$4.34B$4.42B$4.46B$4.62B
Asset & Wealth Management$2.10B$2.11B$2.16B$2.28B$2.34B
Total$14.09B$13.71B$13.57B$13.12B$15.34B

Frequently Asked Questions

What is JPMorgan Chase's compensation and benefits?
JPMorgan Chase (JPM) reported compensation and benefits of $15.34B in Q1 2026.
How has JPMorgan Chase's compensation and benefits changed year-over-year?
JPMorgan Chase's compensation and benefits increased by 8.8% year-over-year, from $14.09B to $15.34B.
What is the long-term trend for JPMorgan Chase's compensation and benefits?
Over 4 years (2021 to 2025), JPMorgan Chase's compensation and benefits has grown at a 9.0% compound annual growth rate (CAGR), from $38.57B to $54.49B.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.