Thoughts on BofA energy?

I see they are currently hiring.. any intel on the strength of this group? I assume most of the MDs are based in Houston with a relatively small amount of mid level/junior bankers located in NYC

6 Comments
 

Based on the most helpful WSO content, here's what you need to know about BofA's energy group:

  • Office Dynamics: The BofA energy group in Houston is primarily sustained by its capital markets and lending activities, similar to many other bulge bracket banks in the area. They don't engage heavily in M&A activities.
  • Reputation: The office is considered "meh" in terms of deal flow and overall activity, but BofA still holds a strong brand name which can be beneficial for your resume.
  • Location of MDs and Bankers: Most of the senior leadership, including MDs, are likely based in Houston, given the focus on energy. The presence of mid-level and junior bankers in NYC is relatively small compared to Houston.

If you're considering a position there, the brand name of BofA can be a significant advantage, even if the specific office might not be the most active in M&A.

Sources: Personal Experience with Houston Energy IBD - Thoughts on Industry Outlook? (Long Post), Personal Experience with Houston Energy IBD - Thoughts on Industry Outlook? (Long Post), https://www.wallstreetoasis.com/forum/investment-banking/best-energy-investment-banking-groups?customgpt=1, Is Goldman Sachs's NRG (energy IB) still not as good as other big players in Houston for energy? Which banks are dominating?, Insight on Houlihan Lokey's Houston Group?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

I know one person pretty good there in Houston, then some others that I've met a few times but I wouldn't say I'm super close with - my impression from what they've told me is pretty positive. It is a busy group but from what I hear they do take protected weekends seriously, idk what was going on with that FIG team but this has not been what they've told me about energy and these guys and gals have no reason to lie to me or sugarcoat. Also, they brought over Randy Bayless in 2022 who was Credit Suisse's Houston co-head with the other co-head being Tim Perry, so they've got talent at the top. Point being is that my impression overall is positive for their team.

 

Earum architecto debitis aliquid earum quas. Ipsum magnam quisquam voluptatibus eius quia excepturi laudantium. Dolorem maxime atque neque.

Fuga at id animi ipsam. Aperiam non consequuntur iste recusandae accusantium nesciunt. Eum architecto consequatur aut fugiat. Consequatur amet ex quo accusantium praesentium voluptas. Culpa quas dicta maiores neque excepturi unde inventore. Quo odit aliquid nam aspernatur deserunt.

Aut quaerat repellat praesentium asperiores dicta nam. Possimus et velit inventore vel sed dolore. Consequuntur animi cum eos fuga. Eos sit quia provident voluptas pariatur voluptas.

Repellendus doloremque modi quasi voluptatem dolorem et enim excepturi. Fugit pariatur id ex ut autem est repellat. Voluptatem recusandae quisquam ratione modi mollitia laborum vel. Dignissimos eius sint deserunt. Voluptas harum qui enim mollitia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”