Wells Fargo & Company Wholesale Banking — 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), Wholesale Banking — Noninterest expense shows relatively stable performance with a 0.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower expenses relative to revenue indicate higher operational efficiency, while rising expenses may signal investment in growth or inefficient cost management.
Total operating costs incurred by the wholesale banking segment, including personnel expenses, technology costs, profess...
Standard metric for measuring operational efficiency across all banking segments.
wfc_segment_wholesale_banking_noninterest_expense| 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% |