
""Wall Street saw strong performance for much of last year, despite all of the ongoing domestic and international upheavals. When Wall Street does well, it's good for our state and city budgets, which are reliant on the industry's significant tax contributions.""
""The increases in bonuses reflect a growth of more than 30% in Wall Street's profits, which equaled $65.1 billion in 2025. In 2025, Wall Street's profits and bonuses got a boost from busy trading floors and higher client management fees.""
In 2025, the average Wall Street bonus hit a record $246,900, reflecting a 6% increase from 2024. The total bonus pool reached $49.2 billion, a 9% rise fueled by over 30% growth in industry profits, totaling $65.1 billion. Wall Street's performance positively impacted state and city budgets, contributing significantly to tax revenues. Bonuses are expected to generate an additional $199 million in state income tax and $91 million for the city compared to the previous year. Despite a slight job decrease, the industry remains robust.
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