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JPMorgan Chase JPM Asset & Wealth Management — Labor and Related Expense

Other segment segments

Commercial & Investment Bank
$5.74B+12.0%
Consumer & Community Banking
$4.62B+5.6%

Similar metrics at other companies

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CBUWealth Management Services — Labor And Related Expense
$5.92M+3.3%
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$229K-1.3%
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$65M+14.0%
Peapack-Gladstone Financial logo
PGCWealth Management Division — Labor And Related Expense
$6.63M-1.2%
Trustmark logo
TRMKWealth Management — Labor And Related Expense
$6.15M+9.3%

Other financials

Income statement

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Revenue$49.8B+10.0%
Net income$16.5B+12.6%
EPS (diluted)$5.94+17.2%

Balance sheet

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Cash & equivalents$312.14B-26.7%
Total debt$526.11B+9.3%
Total equity$364.04B+3.6%
Total assets$4.90T+12.5%

Cash flow

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Operating cash flow-$211.76B+15.9%

Valuation

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Market cap$898.9B+10.8%
Enterprise value$1.11T+25.7%
P/E15.3×+0.9×
P/S4.8×+0.2×

Profitability

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Net margin31.5%-1.5pp

Returns & leverage

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Return on equity16.5%-0.9pp
Debt / equity1.4×+0.1×

Where this comes from

Reported directly by JPMorgan Chase in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: JPMorgan Chase’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JPMorgan Chase's asset & wealth management — labor and related expense?
JPMorgan Chase (JPM) reported asset & wealth management — labor and related expense of $2.34B in Q1 2026.
How has JPMorgan Chase's asset & wealth management — labor and related expense changed year-over-year?
JPMorgan Chase's asset & wealth management — labor and related expense increased by 13.2% year-over-year, from $2.07B to $2.34B.
What is the long-term trend for JPMorgan Chase's asset & wealth management — labor and related expense?
Over 3 years (2022 to 2025), JPMorgan Chase's asset & wealth management — labor and related expense has grown at a 10.8% compound annual growth rate (CAGR), from $6.34B to $8.62B.
What does asset & wealth management — labor and related expense mean?
The total costs associated with employee compensation, including salaries, benefits, bonuses, and payroll taxes within the Asset and Wealth Management segment. This represents the largest component of operating expenses for a human-capital-intensive business. It reflects the cost of attracting and retaining investment talent and advisory staff.