Operating Expenses

Occupancy and equipment

JPMorgan Chase Occupancy and equipment decreased by 1.9% to $1.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $1.30B to $1.45B. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows an upward trend with a 4.9% 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 2025
Last reportedQ1 2026

How to read this metric

An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.

Detailed definition

This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...

Peer comparison

Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.

Metric ID: occupancy_and_equipment

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$1.09B$1.11B$1.20B$1.13B$1.13B$1.16B$1.27B$1.12B$1.07B$1.20B$1.21B$1.21B$1.25B$1.26B$1.31B$1.30B$1.26B$1.42B$1.48B$1.45B
QoQ Change+1.7%+8.4%-5.7%-0.4%+2.9%+9.4%-12.3%-4.0%+11.9%+0.9%+0.2%+3.1%+0.8%+4.1%-0.5%-2.9%+12.3%+3.9%-1.9%
YoY Change+3.6%+4.8%+5.7%-1.7%-5.2%+3.0%-5.0%+8.6%+16.6%+5.1%+8.4%+7.5%+1.3%+12.9%+12.7%+11.1%
Range$1.07B$1.48B
CAGR+6.1%
Avg YoY Growth+5.6%
Median YoY Growth+5.4%

Frequently Asked Questions

What is JPMorgan Chase's occupancy and equipment?
JPMorgan Chase (JPM) reported occupancy and equipment of $1.45B in Q1 2026.
How has JPMorgan Chase's occupancy and equipment changed year-over-year?
JPMorgan Chase's occupancy and equipment increased by 11.1% year-over-year, from $1.30B to $1.45B.
What is the long-term trend for JPMorgan Chase's occupancy and equipment?
Over 4 years (2021 to 2025), JPMorgan Chase's occupancy and equipment has grown at a 4.9% compound annual growth rate (CAGR), from $4.52B to $5.46B.
What does occupancy and equipment mean?
The total cost of renting, maintaining, and equipping physical office and branch locations.