Wall Street companies are anticipated to offer larger bonuses this year, marking the first increase since the exceptionally profitable year of 2021—here's why.

Wall Street bonuses are expected to be extra fat this year, with annual payouts of as much as 35% in some business groups, led by bond and stock underwriting. Not only is this the first time since 2021 that year-end bonuses will increase industrywide,

Investment bankers in the debt-issuance business could see their bonuses rise by as much as 35%, as Wall Street banks are expected to increase bonuses for most for the first time in three years.

For the first time since 2021, banks are gearing up to give bigger end-of-year bonuses to many employees, Johnson Associates says.

A bump in dealmaking, lower interest rates and a booming stock market converge in a forecast of heftier pay packets for the finance sector.

Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates.

Katherine Doherty, Bloomberg Finance Reporter joins Bloomberg Intelligence to discuss how Wall Street bonuses are expected to climb across almost all sectors for the first time since 2021. Some debt bankers could see increases of up to 35%.

Investment bankers, traders and asset- and wealth-management professionals are all poised to see increases reaching into the double digits.