Citi Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Citi, including base salary, bonuses, and total compensation at every level.
Figures re-verified July 2026 against 2025-26 bonus-cycle data · By the Superday AI editorial team
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$110,000
$165,000 - $195,000
$325,000 - $375,000
Analysis
Citi pays first-year analysts a $110,000 base plus a $10,000 signing bonus and a $45,000 to $75,000 year-end bonus — roughly $165,000 to $195,000 all-in for the 2025-26 cycle — with the firm's global deal platform serving as the differentiator beyond the paycheck.
Key facts
- First-year Citi analysts earn a $110,000 base salary, a $10,000 signing bonus, and a $45,000 to $75,000 year-end bonus, totaling about $165,000 to $195,000.
- By AN3, total analyst compensation reaches $205K to $245K.
- First-year associates earn total compensation of $325K to $375K.
- Citi pay runs below Goldman and JPMorgan, in line with Morgan Stanley, Bank of America, and UBS, and slightly ahead of Barclays.
- The perks package includes overtime pay, dinner stipends, car service, healthcare, and 401(k) matching.
Base & Bonus
Citi first-year investment banking analysts earn a $110,000 base salary plus a year-end bonus of roughly $45,000 to $75,000, alongside a $10,000 signing bonus. Bonus distribution is closely tied to both individual performance and group profitability. Analysts in the firm's strongest franchises, particularly restructuring, credit markets, and FIG, often see bonuses at the top of the range.
Total Compensation
First-year total compensation lands at about $165,000 to $195,000 in the 2025-26 cycle. By AN3, total comp reaches $205K to $245K. Associates earn first-year total comp of $325K to $375K.
How It Compares
Citi sits alongside Bank of America, Morgan Stanley, and UBS in the middle bulge bracket tier. Pay runs below Goldman, the top-paying bulge bracket, and JPMorgan, but is competitive with or slightly ahead of Barclays. The relevant comparison is not just the dollar figure but the breadth of experience and global brand recognition the firm provides.
Beyond The Paycheck
Analysts at Citi often gain exposure to cross-border transactions and international deal types that are less accessible at domestically focused competitors. This experience premium is not reflected in the paycheck, but it creates differentiated exit opportunities, particularly for roles at global PE firms and international corporates. The perks package includes overtime pay, dinner stipends, car service, healthcare, and 401(k) matching, and Citi has invested in analyst experience improvements including more predictable scheduling and enhanced mental health resources.
Analyst Compensation
First-year analysts at Citi earn a base salary of $110,000 with a year-end bonus of $45,000 - $75,000, bringing total first-year compensation to approximately $165,000 - $195,000. Second-year analysts earn approximately $185,000 - $220,000 total comp, rising to $205,000 - $245,000 in the third year.
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $45,000 - $75,000 | $165,000 - $195,000 |
| Analyst 2 | $125,000 | $60,000 - $95,000 | $185,000 - $220,000 |
| Analyst 3 | $135,000 | $70,000 - $110,000 | $205,000 - $245,000 |
Methodology: year-1 totals are base + signing + first full-year bonus for the 2025-26 cycle, compiled from self-reported data (WSO bonus threads, H1B filings, Levels.fyi, Glassdoor). Bucket spread at the same bank can run $30-50K top to bottom; figures for firms with limited public disclosures, and year 2+ and associate rows, are directional estimates.
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $175,000 | $100,000 - $150,000 | $325,000 - $375,000 |
| Associate 2 | $200,000 | $120,000 - $190,000 | $320,000 - $390,000 |
How Citi Compares
Citi sits alongside Bank of America, Morgan Stanley, and UBS in the middle bulge bracket tier. Pay runs below Goldman, the top-paying bulge bracket, and JPMorgan, but is competitive with or slightly ahead of Barclays.
Benefits & Perks
Meals & Transportation
Meal stipend after 7pm, transportation reimbursement
Citi Compensation Overview
Citi's compensation philosophy balances competitiveness with its global platform advantages. Base salaries match the bulge bracket, while bonuses trend toward the middle of the pack, comparable to Bank of America. The firm's international footprint provides unique opportunities in emerging markets and cross-border M&A, which can lead to higher bonuses in those groups. Citi has historically been more conservative with bonus pools during market downturns, but top performers still achieve strong payouts. The firm's restructuring in recent years has focused resources on core strengths, and analysts in flagship groups benefit from improved deal flow. Overtime and meal policies are consistently applied, and the broader Citi platform offers strong exit opportunities into corporate banking and treasury services. Figures reflect Citi's verified 2023 compensation table carried forward with 2025-26 cycle uplifts.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Citi?
First-year analysts at Citi earn a base salary of $110,000 with a year-end bonus of $45,000 - $75,000, bringing total compensation to approximately $165,000 - $195,000.
How do Citi bonuses compare to other Bulge Bracket banks?
Citi sits alongside Bank of America, Morgan Stanley, and UBS in the middle bulge bracket tier. Pay runs below Goldman, the top-paying bulge bracket, and JPMorgan, but is competitive with or slightly ahead of Barclays.
Does Citi pay overtime?
Yes, Citi does pay overtime to eligible analysts, which can meaningfully increase total compensation.
More Citi Resources
Sources
- Citi - Students and Graduates Careers. Citi (accessed 2026-05-14)
- Johnson Associates - Compensation Reports. Johnson Associates (accessed 2026-05-14)
- Citigroup Reorganization Under Jane Fraser - Bloomberg coverage. Bloomberg (accessed 2026-05-14)