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2023 Consolidated US Investment Banking Analyst Bonuses (Self Reported)
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Source: Wallstreet Oasis, consolidated by Analyst 2 in IB-M&A as of August 19th, 2023.
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Note: Sourced from Master 2023 US Analyst WSO Bonus Thread, various firm-specific threads, and recent salary data submissions on WSO.
Order is roughly the highest to lowest paying bands. Assumes numbers contributed by WSO users are accurate and honest. Only includes bands with reported data.
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https://www.wallstreetoasis.com/forum/investment-banking/2023-consolidated-ib-analyst-bonuses
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Summarized in excel by Peter Su @ The Investment Banking Bootcamp
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https://www.youtube.com/petersu
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Analyst 1
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FirmLowMidTop
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MTS Partners$73$85
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Nomura$59$85
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Leerin$73$80
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PWP$60$70$80
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Moelis$15$63$80
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Evercore$50$65$75
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Citi$28$60$74
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JP Morgan$55$68
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Goldman Sachs$25$50$70
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Oppenheimer$50$70
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Harris Williams$60
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Bank of America$40$55$63
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Piper$58
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Wells Fargo$60
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Mizuho$55
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Truist$55
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Lazard$40$50
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Morgan Stanley$25$39$60
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Jefferies$15$43$60
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Houlihan$40$57
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Raymond James$45
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Barclays$20$35$55
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UBS$35$45$55
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Stifel$10$20$50
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MUFG$47
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RBC$45
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Deutsche$40
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BMO$10$30$50
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Credit Suisse$35$45
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Rothschild$30
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Stifel$10$20
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Low$10$20$45
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Median$28$50$65
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Average$30$50$66
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High$60$73$85
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Analyst 2
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FirmLowMidTop
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Citi$25$80$103
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TD Cowen$115
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Moelis$75$110
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JP Morgan$15$90
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Truist$83$105
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Goldman$100
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UBS$60$75$95
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MTS Partners$73$85
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Harris Williams$80$95
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RBC$65$95
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Evercore$40$80$90
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Wells Fargo$80$90
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PWP$75$90
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Nomura$75
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Oppenheimer$65$90
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Morgan Stanley$0$50$85
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Bank of America$85
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TD$90
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Credit Suisse$80
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Lincoln$80
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Houlihan$77
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BMO$25$45$73
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Lazard$53$70
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Deutsche$60$70
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Raymond James$70
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Piper$35
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Barclays$34$55
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Low$0$34$55
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Median$30$75$90
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Average$33$68$87
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High$65$83$115
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Analyst 3
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FirmLowMidTop
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Truist$125
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TD Cowen$125
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Citi$20$100$120
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RBC$100
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Low$20$100$120
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Median$20$100$123
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Average$20$108$123
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High$20$125$125
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