Business Banker Salary (United States)

The average pay for a Business Banker is $56,455 per year. The highest paying skills associated with this job are Financial Analysis and Business Development. People in this job generally don't have more than 20 years' experience.
Business Banker Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$39,161 - $85,892
(Median)
39K
56K
71K
86K
MEDIAN: $56,455
10%
50%
75%
90%
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Business Banker Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.89 - $26.03
(Median)
13
15
18
24
MEDIAN: $18.00
10%
25%
50%
75%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$39,161 - $85,892  
   
Bonus
$0.70 - $24,764  
Profit Sharing
$-0.49 - $6,840  
Commission
$800 - $34,919  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,152 - $100,341  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 481
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$12.89 - $26.03  
   
Overtime
$17.75 - $51.16  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.70 - $24,764  
   
Commission
$800 - $34,919  
Profit Sharing
$-0.49 - $6,840  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,152 - $100,341  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 481
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Location:
United States (change)
Years in Field/Career:
Job Description for Business Banker
Business bankers work in a financial institution and manage a business loan portfolio that may include small and/or large organizations. They perform careful analysis of prospective clients' needs and best options, working with the client to determine optimal banking solutions. In addition, business bankers are in charge of communicating with current clients to ensure all needs are being met and questions are answered. Individuals in this position may also need to negotiate and set terms for loans. All of these duties must be outlined in regular reports to managers and executives.
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Business Banker Tasks
  • 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.
  • 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.

Business Banker Job Listings

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Popular Employer Salaries for Business Banker
Popular Skills for Business Banker
Pay by Experience Level for Business Banker
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
New Orleans
up arrow 55%
Minneapolis
up arrow 47%
New York
up arrow 21%
Washington
up arrow 20%
Los Angeles
up arrow 13%
National Average
$63,000
Milwaukee
up arrow 30%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Business Banker Salaries

National Average
$63,000

Skills That Affect Business Banker Salaries

Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 120 votes.
Gender
Female
33%
female alumni
 
Male
67%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
32%
5-9 years
37%
10-19 years
21%
20 years or more
8%
Common Health Benefits
medical benefits Medical: 92% dental benefits Dental: 89%
vision benefits Vision: 77% employee benefits None: 7%
Find Out Exactly What You Should Be Paid
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