Average Business Banker Salary

$71,309
Avg. Base Salary (USD)
10%
$50k
MEDIAN
$71k
90%
$103k

The average salary for a Business Banker is $71,309 in 2024

Base Salary
$50k - $103k
Bonus
$2k - $23k
Profit Sharing
$568 - $6k
Commission
$3k - $74k
Total Pay
$47k - $115k
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What is the Pay by Experience Level for Business Bankers?

What Do Business Bankers Do?

Business Banker Tasks
  • Analyze banking and loan transactions for new and existing clients with the aim of developing and delivering the best service and largest financial return on investments.
  • Actively monitor and manage banking relationships to ensure that client goals and objectives are being met.
  • Assess client needs and propose useful solutions that will deliver positive financial results.
  • Identify, engage, and welcome new clients/members into the bank family and ensure they understand all that the bank has to offer.
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How do Business Bankers Rate Their Jobs?

3.9 out of 5
(14)
Highly Satisfied
6Reviews
Based on 14 responses, the job of Business Banker has received a job satisfaction rating of 3.92 out of 5. On average, Business Bankers are highly satisfied with their job.

FAQs About Business Bankers

What is the highest pay for Business Bankers?

Our data indicates that the highest pay for a Business Banker is $103k / year

What is the lowest pay for Business Bankers?

Our data indicates that the lowest pay for a Business Banker is $50k / year

How can Business Bankers increase their salary?

Increasing your pay as a Business Banker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Business Banker that oversees more junior Business Bankers, this experience can increase the likelihood to earn more.