By Tatiana Bautzer

People walk along Wall Street near the New York Stock Exchange July 13, 2007. REUTERS/Brendan McDermid

(Reuters) - Bonuses for Wall Street executives jumped 9% to a record $49.2 billion ​in 2025, according to an estimate from New ‌York State Comptroller Tom DiNapoli published on Thursday.

The average bonus climbed 6% to $246,900 as dealmakers, traders and wealth managers ​were buoyed by strong trading, underwriting and management  ​fees, even as geopolitical uncertainty and tariffs ⁠roiled markets. The securities industry's profits surged more ​than 30% to $65.1 billion, according to the state's estimate.

"Wall ​Street saw strong performance for much of last year, despite all of the ongoing domestic and international upheavals," DiNapoli said ​in a statement. "When Wall Street does well, it’s ​good for our state and city budgets, which are reliant on ‌the ⁠industry’s significant tax contributions."

Wall Street accounts for more than 19% of New York state's tax collection.

The financial industry is seeing slower job growth. Preliminary data ​indicate a small ​decrease in ⁠the number of employees last year to 198,200 from a 30-year high of ​201,500 in 2024. Headcount data is likely ​to ⁠be revised higher for 2025 to reflect modest growth, the comptroller added.

The average annual salary in New ⁠York's securities ​industry rose 7.3% to $505,677 in ​2024, including bonuses, which represent around 42% of total wages.

Reporting by ​Tatiana Bautzer, editing by Lananh Nguyen and Nia Williams

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