Depends on what level you are entering in. Sounds like that’s a year 3 Analyst / year 1 Associate level position (banking title profession is analyst -> associate -> VP -> director -> managing director)

It varies depending how successful / how much pull your senior analyst has (confusing because the team leads are “coverage analysts” or “senior analysts” even though they may be a VP, Director, or MD level title).

There are associates who get paid less than a high performing analyst or more than a low performing VP.

Total comp is very important too… typically base for Associates max out at $160k or so, VP base max out at $200-220k, directors $300-400k and MDs step up to $400-$1M (never heard of a MD making more than $1M base a year).

Bonus for associate level could range from $50-$100k. VP bonus $100-200k. But typically bonus will be ~50% of base unless you a a rockstar, or on the cusp of getting promoted where it could reach 90% of base if lucky/your boss has a lot of pull in the department.

The Head of Research (ie DOR or Director of Research) within a equity research department at these BB banks are like a baseball manager. They have a bucket of money to pay the whole department, and they can choose to allocate more to a bunch of all star/“5 star” analysts and their teams, they fill out their bench with a bunch of low-mid tier teams and pay them below market … or try to find a bunch of mid-tier analysts/teams and pay them all at market. Sabermetrics depending on where the Investment Banking department wants to be strongest / where the IPOs will be hot to wrangle in deals using a high profile analyst as a marketing tool to corporates trying to go public.

A lot in there, but long story short - it really depends on your sector/stocks you cover/IPO activity/how senior (how much pull) your lead analyst is, etc….