BMO US Bonus #s
Heard a lot of bonus numbers were released starting this week - anyone willing to share/provide some insights?
Trending Content - Investment Banking Forum
| +220 | Just One More Year | 17 | 11h |
| +179 | Piper Sandler in talks to acquire PWP | 75 | 4h |
| +124 | UBS Appears to be Exploring Sale | 19 | 3d |
| +90 | Paradise Is Paradise | 8 | 16h |
| +79 | Drunk VP. How to manage? | 27 | 1d |
| +38 | How do I take my foot off the gas? (AN1) | 4 | 1d |
| +38 | Lazard US Views 2026/2027 | 13 | 1d |
| +32 | M&A is Paradise | 1 | 6d |
| +27 | HR is starting to worry me, do I throw a hail mary during an upcoming chat with an MD? | 5 | 1h |
| +25 | Why did EVR succeed vs GHL or PWP that ended up getting acquired? | 8 | 1h |
Career Resources
They're always below street, so gonna be ugly
So far I’ve heard positive things and that at least at the associate level everyone was happy - although no one has given me numbers
U.S. or Canada? Sorry I was talking about the former, perhaps wrongfully.
Not bad, have heard 125-175 range roughly
Guessing these are AS1 bonuses?
Yup as1
Assoc 1 at 125 and assoc 3 at 175?
Worth remembering that Canadian banks' year end is Oct 31, which is why they're paying bonuses now and not next year.
That means they'll have the Nov and Dec of last year (i.e. good results) baked into their numbers and on top of that AFAIK they weren't exposed to huge losses (Citrix, Twitter etc.). So I'd think Canadian banks' bonuses probably won't get hit as hard as BBs.
Interesting and good point, but can’t imagine that would have a massive effect. Difference for 1/6 of the year
Yeah also would think no impact here. Analyst bonuses were still decently impacted despite half of the FY being a record year. Also this would completely assume bonuses are based on LTM performance and banks have no assumptions about go-forward basis.
That in isolation, no, but Canadian banks are massively stable oligopolies that derive the most revenue from their domestic consumer / commercial business vs capital markets so they usually aren't as badly impacted in a downcycle.
AS3 up to $250k bonus. Communication was that AS grid was unchanged from last year
VPs are flat to modestly down from last year. VP1 at $600k TC is the datapoint I heard.
VP1 comp sounds solid
Is it just me or does that sound really f’in good?
It sounds good because it’s inflated with higher stock comp. BMO probably has below street vesting and higher % deferred
and BMO stock sucks so you have that exposure too
Bonus was 80/20 cash/deferred
deferred vests on 3 yr schedule 25/25/50%
so for VP1 cash comp in $520-530k range, up to $600k Tc w stock
That seems very strong
Bingo there it is - most banks do equal vesting over 3 yrs
Feels like you’re splitting hairs over timing of like $10k of compensation. This is why people don’t like sharing more info on WSO. Even though would help with transparency for all.
How'd levfin and other product groups do?
Lol “historically”… okay Analyst 1
My title just says that but I'm not an Analyst 1 haha. I'm quite senior in the industry.
I'm black, have been both an analyst and associate at BMO, and can confirm this is false.
Delete this crap.
Edit: Removed post tried suggesting BMO doesn't fairly compensate black employees.
Any more actual numbers here? Would be helpful if folks can specify if Assoc 1/2/3 etc
Heard top end of AS3 was near 300
Bonus I’m assuming? And not TC
These numbers seem WAYYY better than the RBC thread
Mid-market M&A still thriving off direct lending, limited bridge losses and small ECM revenue mix to begin with?? Just trying to understand the delta
I think that’s right. Also management seems pretty committed to retention (almost to a fault), so lots of messaging around keeping comp “flat” yoy
Esse voluptatem id nam quis veniam. Et accusamus voluptatem eius sit.
Accusamus et aut blanditiis cupiditate. Tenetur ea ut occaecati ducimus odit repellendus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Esse eum ullam qui. Necessitatibus in et error sed iure totam laudantium repellat. Accusantium neque quaerat sed animi.
Molestiae facilis nesciunt accusantium totam voluptatem a. Fuga omnis dolorem velit corporis fugit voluptatum. Voluptatem vitae occaecati commodi et. Vero quam et est sapiente iusto saepe nulla.
Dignissimos aut ipsa est illo in veniam voluptates. Sint cumque ducimus explicabo suscipit rerum debitis. At ipsa similique adipisci ea.
Neque et nisi maiores corporis quia nisi ut. Voluptate sed veniam possimus magni qui impedit eligendi. Sit nihil fugit unde deleniti molestiae nemo.