Compensation Data

Mizuho Securities Analyst & Associate Salary

Complete compensation breakdown for investment banking professionals at Mizuho Securities, including base salary, bonuses, and total compensation at every level.

Last updated April 2026 ยท By the Superday AI editorial team

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AN1 Base Salary

$105,000

AN1 Total Comp

$163,000 - $188,000

ASC1 Total Comp

$280,000 - $320,000

Analysis

Mizuho Securities pays US-based first-year analysts a $105K base salary plus a year-end bonus of roughly $50K-$75K and an $8K signing bonus, bringing total first-year compensation to about $163K-$188K in 2026. The bank has increased pay in recent years to remain competitive for US talent, particularly following the December 2023 acquisition of Greenhill & Co. for approximately $550M, which added a marquee M&A and restructuring advisory franchise that now operates under the 'Mizuho | Greenhill' brand and competes directly with US elite boutiques and bulge brackets for the same candidate pool. Bonus allocation benefits from Mizuho's strong leveraged lending franchise, which generates consistent fee revenue that is less cyclical than pure advisory businesses, plus the Greenhill-derived advisory fee base. Benefits are thorough and include health insurance, 401(k) matching, and vacation policies that reflect a blend of Japanese and American corporate norms. Mizuho also offers some unique cultural perks: the bank's Japanese corporate structure provides greater job security and a longer-term employment orientation than the hire-and-fire culture common at US banks. Associate compensation rises to $185K-$250K, with the trajectory benefiting from the bank's ongoing US expansion, which creates more senior roles for those willing to grow with the platform. For candidates interested in leveraged finance, M&A advisory, restructuring, cross-border deals, and the stability that a Japanese mega-bank balance sheet provides, Mizuho offers an attractive package that balances competitive pay with genuine career longevity.

Analyst Compensation

First-year analysts at Mizuho Securities earn a base salary of $105,000 with a year-end bonus of $50,000 - $75,000, bringing total first-year compensation to approximately $163,000 - $188,000. Second-year analysts earn approximately $185,000 - $210,000 total comp, rising to $205,000 - $235,000 in the third year.

LevelBase SalaryYear-End BonusTotal Comp
Analyst 1$105,000$50,000 - $75,000$163,000 - $188,000
Analyst 2$120,000$65,000 - $90,000$185,000 - $210,000
Analyst 3$130,000$75,000 - $105,000$205,000 - $235,000

Associate Compensation

LevelBase SalaryYear-End BonusTotal Comp
Associate 1$160,000$88,000 - $128,000$280,000 - $320,000
Associate 2$185,000$108,000 - $158,000$293,000 - $343,000

How Mizuho Securities Compares

Mizuho sits in the middle-market tier alongside other international banks like HSBC and Nomura. Bonuses run 35-45% below Goldman and JPMorgan, and 25-35% below Bank of America and Citi.

Benefits & Perks

Meals & Transportation

Dinner allowance, transportation support

Global health benefits
Asia market exposure
Banking perks
Professional development

Mizuho Securities Compensation Overview

Mizuho Securities offers middle-market compensation reflecting its Japanese parent bank heritage and the materially expanded US M&A advisory and restructuring franchise added through the December 2023 acquisition of Greenhill & Co. (operating as 'Mizuho | Greenhill'). Base salaries are competitive with middle-market US peers, while bonuses reflect Mizuho's position as a growing international player. The firm has sector strength in Japanese corporate M&A, cross-border financings, and leveraged finance, plus the Greenhill-derived M&A and restructuring practice. Mizuho's culture blends Japanese formality with US banking norms, emphasizing relationship building and process rigor. Analysts interested in Asia-focused banking, Japanese corporate clients, or building careers in M&A advisory and restructuring find the combined platform unique. Exit opportunities include corporate development at multinational companies and regional private equity.

Frequently Asked Questions

What is the total compensation for a first-year analyst at Mizuho Securities?

First-year analysts at Mizuho Securities earn a base salary of $105,000 with a year-end bonus of $50,000 - $75,000, bringing total compensation to approximately $163,000 - $188,000.

How do Mizuho Securities bonuses compare to other Middle Market banks?

Mizuho sits in the middle-market tier alongside other international banks like HSBC and Nomura. Bonuses run 35-45% below Goldman and JPMorgan, and 25-35% below Bank of America and Citi.

Does Mizuho Securities pay overtime?

Yes, Mizuho Securities does pay overtime to eligible analysts, which can meaningfully increase total compensation.

Sources

  1. Mizuho Securities - Careers. Mizuho Securities (accessed 2026-05-14)
  2. Johnson Associates - Compensation Reports. Johnson Associates (accessed 2026-05-14)
  3. Wall Street Bonus Pool to Grow as Bank Revenue Boosted by Rally (2025). Bloomberg (accessed 2026-05-14)

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