1Q26 noninterest expense of $18.5B

ir_statement / Sep 17, 2026 / receipt

Efficiency ratio improved ~170 bps from 1Q25 to 61%; 2.9% operating leverage in 1Q26

ir_statement / Sep 17, 2026 / receipt

investments in people and technology

ir_statement / Sep 17, 2026 / receipt

Efficiency ratio 61%

ir_statement / Sep 17, 2026 / receipt

Noninterest expense of $4.4B increased 15% vs. 1Q25, driven by higher revenue-related expenses and investments in the business, including people and technology

ir_statement / Sep 17, 2026 / receipt

Headcount 212,134

ir_statement / Sep 17, 2026 / receipt

Noninterest expense 18,531

ir_statement / Sep 17, 2026 / receipt

2Q26 noninterest expense of $18.6B

ir_statement / Sep 17, 2026 / receipt

Efficiency ratio of 59% improved 359 bps from 2Q25 and 220 bps from 1Q26

ir_statement / Sep 17, 2026 / receipt

Increased $1.4B, or 8%, from 2Q25, driven equally by revenue-related expenses and investments in people, brand, and technology

ir_statement / Sep 17, 2026 / receipt

Operating leverage of 6.6% in 2Q26 and 4.7% in 1H26

ir_statement / Sep 17, 2026 / receipt

Efficiency ratio improved to 51%

ir_statement / Sep 17, 2026 / receipt