Noninterest Expense
Wells Fargo & Company Noninterest Expense increased by 4.4% to $14.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $13.89B to $14.33B. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows relatively stable performance with a 0.5% 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 | $13.34B | $13.30B | $13.13B | $13.85B | $12.86B | $14.31B | $16.19B | $13.68B | $12.99B | $13.11B | $15.79B | $14.34B | $13.29B | $13.07B | $13.90B | $13.89B | $13.38B | $13.85B | $13.73B | $14.33B |
| QoQ Change | — | -0.3% | -1.3% | +5.5% | -7.1% | +11.2% | +13.1% | -15.5% | -5.0% | +1.0% | +20.4% | -9.2% | -7.3% | -1.7% | +6.4% | -0.1% | -3.7% | +3.5% | -0.9% | +4.4% |
| YoY Change | — | — | — | — | -3.6% | +7.5% | +23.3% | -1.3% | +1.0% | -8.3% | -2.5% | +4.8% | +2.4% | -0.4% | -11.9% | -3.1% | +0.6% | +6.0% | -1.3% | +3.2% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer Banking and Lending | $5.70B | $5.62B | $5.93B | $6.34B | $5.80B | $5.97B | $5.82B | $6.59B |
| Wealth And Investment Management | $3.19B | $3.15B | $3.31B | $2.95B | $3.25B | $3.42B | $3.49B | $3.26B |
| Corporate and Investment Banking | $2.17B | $2.23B | $2.30B | $2.48B | $2.25B | $2.36B | $2.35B | $2.69B |
| Commercial Banking | $1.51B | $1.48B | $1.53B | $1.67B | $1.52B | $1.45B | $1.44B | $1.61B |
| Total | $13.29B | $13.07B | $13.90B | $13.89B | $13.38B | $13.85B | $13.73B | $14.33B |
Noninterest Expense at Other Companies
Frequently Asked Questions
- What is Wells Fargo & Company's noninterest expense?
- Wells Fargo & Company (WFC) reported noninterest expense of $14.33B in Q1 2026.
- How has Wells Fargo & Company's noninterest expense changed year-over-year?
- Wells Fargo & Company's noninterest expense increased by 3.2% year-over-year, from $13.89B to $14.33B.
- What is the long-term trend for Wells Fargo & Company's noninterest expense?
- Over 4 years (2021 to 2025), Wells Fargo & Company's noninterest expense has grown at a 0.5% compound annual growth rate (CAGR), from $53.76B to $54.84B.
- What does noninterest expense mean?
- The total operating expenses incurred by the company excluding interest-related costs.