Wall Street bonuses hit a new record in 2025 as profits surged.
S&P 500 index funds, which sit at the heart of many savers’ 401 accounts, returned nearly 18% in 2025 and set a record high on Dec. 24. It was their third straight year of big returns. Chris Connors, a managing director at the compensation consulting firm Johnson Associates, said the bonus estimates were no surprise, given the trends on Wall Street.
“I think 2025 was a great year, probably the best year since 2021 for many firms on Wall Street. Trading, in particular, had an exceptional year,” Connors said. Connors noted that bonuses make up a significant portion of pay for many professionals in the financial services industry, which relies heavily on incentives. Wall Street is a major driver of New York City's economy and a major source of tax revenue for both the city and the state. DiNapoli estimated the 2025 bonuses should generate $199 million more in state income tax revenue and $91 million more for the city, when compared with the previous year. "However, we are seeing slower job growth, and geopolitical conflicts have global repercussions that pose extraordinary risks for the short- and long-term outlook on the financial sector and for broader economic markets.” Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Family of A’hmari Robinson shares stories at candlelight vigil days after his deathDevelopers break ground on affordable housing project in St. AugustineGetting ready for the next GROW ROUND! Tower Garden maintenance...End the month off right with this lineup of events from March 26-29Big: Culture & Arts Festival brings Grammy-nominated rappers, art, culture to Gainesville▶Split Happens Ep. 9: The role of mediation in resolving legal disputes efficientlyBurden of failing roof lifted for Jacksonville veteran through volunteer projectFriends and family gather to remember 19-year-old who died in motorcycle crash on Buckman BridgeAccused shooter in death of 2-year-old boy denied bondJacksonville mentor known as ‘That Lemonade Lady’ fighting for life after electrical shockGardening in a new light. Some recommended updates for healthier seedlings.Families bid farewell as USS Mason heads out for deployment from Naval Station MayportPowerful winds, worsening drought threaten Jacksonville areaYour next beach day find could change someone’s life. 🌊☀️JSO arrests 21-year-old man accused of fatally shooting 2-year-oldNights of Lights dates permanently changed in 3 to 2 voteFormer JEA chief of staff tells City Council committee employees are ‘scared for their job’JSO searching for 21-year-old man accused of fatally shooting 2-year-old at apartment complexHelp spread the word about AI scams targeting service membersFamily identifies 2-year-old boy killed during dispute at Westside apartment complexMechanical issue causes JTA bus to catch fire on Arlington ExpresswayAnother dry day in Northeast Florida. Here's a Monday weather update.Road-rage shootout leaves 1 dead, police searching for 2nd driverLoved ones mourn 'happy baby' after 2-year-old fatally shot during domestic disputePrevious photo
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