Business Segments · Noninterest expense

Wholesale Banking — Noninterest expense

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Lower expenses relative to revenue indicate higher operational efficiency, while rising expenses may signal investment in growth or inefficient cost management.

Detailed definition

Total operating costs incurred by the wholesale banking segment, including personnel expenses, technology costs, profess...

Peer comparison

Standard metric for measuring operational efficiency across all banking segments.

Metric ID: wfc_segment_wholesale_banking_noninterest_expense

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$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%
Range$12.86B$16.19B
CAGR+1.5%
Avg YoY Growth+1.0%
Median YoY Growth+0.1%

Frequently Asked Questions

What is Wells Fargo & Company's wholesale banking — noninterest expense?
Wells Fargo & Company (WFC) reported wholesale banking — noninterest expense of $14.33B in Q1 2026.
How has Wells Fargo & Company's wholesale banking — noninterest expense changed year-over-year?
Wells Fargo & Company's wholesale banking — 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 wholesale banking — noninterest expense?
Over 4 years (2021 to 2025), Wells Fargo & Company's wholesale banking — noninterest expense has grown at a 0.5% compound annual growth rate (CAGR), from $53.76B to $54.84B.
What does wholesale banking — noninterest expense mean?
Total operating costs excluding interest expenses.