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[BUSINESS] · United States · 10 sources

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Wall Street profits surge to $45.9 billion in first half of 2026

Wall Street profits securities industry Thomas DiNapoli artificial intelligence spending New York City budget

Wall Street's securities industry experienced a massive surge in the first half of 2026, with pre-tax profits reaching $45.9 billion. This represents a 51.3% increase compared to the same period in 2025. According to a report by New York State Comptroller Thomas P. DiNapoli, the industry is currently on track to potentially exceed $90 billion in annual profits, which would surpass the previous record of $65.1 billion set in 2025.

Key drivers for this growth include significant spending on artificial intelligence, increased merger and acquisition activity, and elevated trading volumes fueled by market volatility. The industry also saw record employment levels, with over 207,000 workers. Consequently, the bonus pool is expected to rise, contrasting with earlier city projections of a decline.

Beyond corporate profits, the industry remains a vital economic pillar for New York City. In fiscal year 2026, the securities industry contributed at least $7.8 billion to the city's budget, a 15.8% increase from the previous year. However, risks persist, including geopolitical tensions and rising interest rates; the 10-year Treasury yield recently hit 5.35%, its highest level since 2002, which could impact future dealmaking and profitability.

Entities

New York City · New York State · New York Stock Exchange · Thomas DiNapoli · Thomas P. DiNapoli · Trump administration · Wall Street

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Wall Street está nas alturas, mas juros elevados podem balançar seus lucros | CNN Brasil [www.cnnbrasil.com.br]
Wall Street Profits Jump 51. 3% as Deal Activity and Trading Boost Industry – [your]NEWS [yournews.com]
Wall Street eyes record bonuses as trading, dealmaking push profits past USD 90 billion [internationalfinance.com]
DiNAPOLI: WALL STREET FIRST-HALF PROFITS SOAR TO NEARLY $46 BILLION [yonkerstimes.com]
Wall Street profits soar to $45. 9 billion in first half of 2026, report shows [srnnews.com]
未受關稅、戰爭等影響 華爾街上半年利潤創紀錄 [www.epochtimes.com]
Wall Street apunta a ganancias récord de $90,000 millones en 2026: así beneficiaría a las finanzas de NYC [eldiariony.com]
Wall Street is booming. Surging yields could shake things up [kioncentralcoast.com]
Wall Street is booming. Surging yields could shake things up [keyt.com]
Wall Street profits climbed more than 51% in first half of 2026, far surpassing projections [www.newsday.com]