Occupancy and equipment
Wells Fargo & Company Occupancy and equipment decreased by 7.4% to $778.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $761.00M to $778.00M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 1.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
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.
occupancy_and_equipmentHistorical 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 | $735.00M | $738.00M | $725.00M | $722.00M | $705.00M | $732.00M | $722.00M | $713.00M | $707.00M | $724.00M | $740.00M | $714.00M | $763.00M | $786.00M | $789.00M | $761.00M | $766.00M | $784.00M | $840.00M | $778.00M |
| QoQ Change | — | +0.4% | -1.8% | -0.4% | -2.4% | +3.8% | -1.4% | -1.2% | -0.8% | +2.4% | +2.2% | -3.5% | +6.9% | +3.0% | +0.4% | -3.5% | +0.7% | +2.3% | +7.1% | -7.4% |
| YoY Change | — | — | — | — | -4.1% | -0.8% | -0.4% | -1.2% | +0.3% | -1.1% | +2.5% | +0.1% | +7.9% | +8.6% | +6.6% | +6.6% | +0.4% | -0.3% | +6.5% | +2.2% |
Occupancy and equipment at Other Companies
Frequently Asked Questions
- What is Wells Fargo & Company's occupancy and equipment?
- Wells Fargo & Company (WFC) reported occupancy and equipment of $778.00M in Q1 2026.
- How has Wells Fargo & Company's occupancy and equipment changed year-over-year?
- Wells Fargo & Company's occupancy and equipment increased by 2.2% year-over-year, from $761.00M to $778.00M.
- What is the long-term trend for Wells Fargo & Company's occupancy and equipment?
- Over 4 years (2021 to 2025), Wells Fargo & Company's occupancy and equipment has grown at a 1.5% compound annual growth rate (CAGR), from $2.97B to $3.15B.
- What does occupancy and equipment mean?
- The total cost of renting, maintaining, and equipping physical office and branch locations.