Noninterest Expense
JPMorgan Chase Noninterest Expense increased by 12.0% to $26.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $23.60B to $26.85B. Over 4 years (FY 2021 to FY 2025), 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
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 | $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 | $26.85B |
| 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% | +12.0% |
| 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% | +13.8% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial & Investment Bank | $9.17B | $8.75B | $8.71B | $9.84B | $9.64B | $9.72B | $9.01B | $11.14B |
| Consumer & Community Banking | $9.43B | $9.59B | $9.73B | $9.86B | $9.86B | $10.30B | $10.26B | $10.98B |
| Asset & Wealth Management | $3.54B | $3.64B | $3.77B | $3.71B | $3.73B | $3.82B | $4.07B | $4.17B |
| Total | $23.71B | $22.57B | $22.76B | $23.60B | $23.78B | $24.28B | $23.98B | $26.85B |
Commercial Banking was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Noninterest Expense at Other Companies
Frequently Asked Questions
- What is JPMorgan Chase's noninterest expense?
- JPMorgan Chase (JPM) reported noninterest expense of $26.85B in Q1 2026.
- How has JPMorgan Chase's noninterest expense changed year-over-year?
- JPMorgan Chase's noninterest expense increased by 13.8% year-over-year, from $23.60B to $26.85B.
- What is the long-term trend for JPMorgan Chase's noninterest expense?
- Over 4 years (2021 to 2025), JPMorgan Chase's noninterest expense has grown at a 7.6% compound annual growth rate (CAGR), from $71.34B to $95.64B.
- What does noninterest expense mean?
- The total operating expenses incurred by the company excluding interest-related costs.