Total noninterest expense

Operating Expenses

JPMorgan Chase Total noninterest expense decreased by 1.2% to $23.98B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $22.76B to $23.98B. Over 4 years (FY 2021 to FY 2025), Total noninterest expense shows an upward trend with a 7.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

A lower ratio relative to revenue indicates higher operational efficiency and better cost management.

Detailed definition

This metric aggregates all operating costs incurred by the bank excluding interest expense, such as personnel, technolog...

Peer comparison

Standardized across all major financial institutions as a key component of the efficiency ratio.

Metric ID: is_total_noninterest_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$17.67B$17.06B$17.89B$19.19B$18.75B$19.18B$19.02B$20.11B$20.82B$21.76B$24.49B$22.76B$23.71B$22.57B$22.76B$23.60B$23.78B$24.28B$23.98B
QoQ Change-3.4%+4.8%+7.3%-2.3%+2.3%-0.8%+5.7%+3.6%+4.5%+12.5%-7.1%+4.2%-4.8%+0.9%+3.7%+0.8%+2.1%-1.2%
YoY Change+6.1%+12.4%+6.3%+4.8%+11.1%+13.4%+28.7%+13.2%+13.9%+3.7%-7.0%+3.7%+0.3%+7.6%+5.4%
Range$17.06B$24.49B
CAGR+7.0%
Avg YoY Growth+8.2%
Median YoY Growth+6.3%

Frequently Asked Questions

What is JPMorgan Chase's total noninterest expense?
JPMorgan Chase (JPM) reported total noninterest expense of $23.98B in Q4 2025.
How has JPMorgan Chase's total noninterest expense changed year-over-year?
JPMorgan Chase's total noninterest expense increased by 5.4% year-over-year, from $22.76B to $23.98B.
What is the long-term trend for JPMorgan Chase's total noninterest expense?
Over 4 years (2021 to 2025), JPMorgan Chase's total noninterest expense has grown at a 7.6% compound annual growth rate (CAGR), from $71.34B to $95.64B.
What does total noninterest expense mean?
The total cost of running the business excluding interest payments.

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