Last year wasn’t the most lucrative for Wall Street bankers, but their bonus payouts still easily trounced US median household income.
The average Wall Street bonus for 2023 was $176,500, according to estimates that will be released Tuesday morning by New York State Comptroller Thomas DiNapoli. That’s down 2% from the $180,000 recorded in 2022. Both those averages were well below the $240,000 paid out in 2021.
That the average bonus was slightly down isn’t surprising. Wall Street earnings last year were mixed, and merger and acquisition activity was underwhelming. “Wall Street’s
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