Income StatementIntermediate📖 7 min read

Other Non-Interest Expense

Miscellaneous Non-Interest Operating Costs in Financial Institutions

Primary Sector
Banking and financial services
Common Items
Professional fees, IT, marketing, supplies
Key Metric
Efficiency ratio component
Behavior
Largely fixed overhead

Other Non-Interest Expense is a key operating expense category for banks, insurance companies, and other financial institutions, capturing a wide range of overhead and administrative costs that are not directly tied to interest-bearing activities. This line item includes expenses such as professional fees, technology and data processing, marketing, insurance (non-claims), travel, office supplies, charitable contributions, and various miscellaneous overheads. Distinct from interest expense and provision for credit losses, it reflects the day-to-day cost of running the institution and is critical for calculating the efficiency ratio (non-interest expense / revenue), a primary measure of operational efficiency in banking. Controlling this expense is essential for improving profitability in a low-margin environment.

Table of Contents

What is Other Non-Interest Expense?

Other Non-Interest Expense aggregates miscellaneous operating costs that are not interest-related or provision for credit losses in financial institutions.

It is reported as part of non-interest expense in bank income statements, separate from net interest income and provision for loan losses. This category is the residual after more specific non-interest lines (e.g., personnel, occupancy).

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A lower other non-interest expense contributes to a better efficiency ratio, a key banking profitability metric.

Common Components

Typical items in Other Non-Interest Expense for financial institutions:

Key Items

  • Professional and legal fees: Outside counsel, consultants, regulatory compliance
  • Technology and data processing: Software licenses, cloud services, cybersecurity
  • Marketing and advertising: Brand campaigns, customer acquisition
  • Travel and entertainment: Employee business travel
  • Office supplies and equipment: Non-capitalized items
  • Communication expenses: Telephone, postage, internet
  • Insurance (non-claims related, e.g., D&O, property)
  • Charitable contributions and community relations
  • Training and education programs
  • FDIC assessment fees (for banks)

One-time items (e.g., merger costs) may be included or broken out separately.

How It Appears in the Income Statement

Bank income statement structure:

Non-Interest Expense Flow
Non-Interest Expense = Personnel Compensation + Occupancy & Equipment + **Other Non-Interest Expense** + Specific Items (e.g., amortization)

Reduces pre-provision net revenue and impacts efficiency ratio.

Tip: Efficiency Ratio = Non-Interest Expense / (Net Interest Income + Non-Interest Income); target <60%.

Examples

Example 1: Large Bank

Professional/consulting: $2B Technology/data processing: $3B Marketing: $1B Travel/supplies/other: $1.5B Other Non-Interest Expense: $7.5B.

Example 2: Regional Bank

IT services: $200M Legal/compliance: $150M Marketing: $80M Miscellaneous overhead: $100M Other Non-Interest Expense: $530M.

Digital banks have lower occupancy but higher tech/marketing in this line.

Importance in Financial Analysis

Analysts scrutinize other non-interest expense to: - Calculate efficiency ratio and cost control - Assess digital transformation spend (IT heavy) - Identify regulatory burden (compliance fees) - Compare operating leverage across peers

Rising expense without revenue growth erodes profitability; declines signal efficiency gains.

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Warning: Merger/integration costs often buried here—review footnotes for adjusted figures.

Key Takeaways

1

Other Non-Interest Expense covers miscellaneous overhead in financial institutions.

2

Includes professional fees, IT, marketing, supplies—key efficiency ratio driver.

3

Separate from interest expense and credit provisions.

4

Lower expense improves profitability in low-margin banking environment.

5

Monitor trends and as % of revenue/assets for operational efficiency insights.

Related Terms

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