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-0.000541952334312662 -0.0018500380890195 -0.00417890956578518 -0.00631189465665468 0.00255740559364457 -0.00892371313527036 -0.00431058874741528 -0.00239416693873108
Stock impact report

Wall Street Banker Bonuses Surged 31% In 2024—Here’s How Much They Made [Forbes]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Forbes
DiNapoli, contributing to a record high bonus pool lifted by a strong performance from Wall Street in 2024. DiNapoli's report was published Wednesday. (Photo by STAN HONDA/AFP via Getty Images) AFP via Getty Images Key Facts Average bonuses within New York City's securities industry jumped 31.5% to $244,700 last year, according to an annual estimate from DiNapoli. The total estimated bonus pool reached a whopping $47.5 billion as dealmaking surged last year, marking a 34% increase from 2023 and the largest amount on record since 1987. The rise in bonuses came as Wall Street's profits rose 90% last year, coinciding with a record year for the S&P 500, and several tech stocks including Nvidia and Palantir. Securities employment also reached its highest annual level in at least 30 years, DiNapoli said, adding there were 201,500 employees in 2024, up from 198,400 in the previous year. DiNapoli estimated last year's bonuses will create $600 million more in state income tax r Show less Read more
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