Business Banker Salary

The average pay for a Business Banker is $66,787 per year. The highest paying skills associated with this job are Account Sales, Business Development, Financial Analysis, and Customer Relationship Management (CRM). People in this job generally don't have more than 20 years' experience.

$43,775 - $94,278
$44K
$70K
$94K
MEDIAN: $69,778
10%
50%
90%

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$14.44 - $25.15
$14
$20
$25
MEDIAN: $19.87
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$43,775 - $94,278  
   
Bonus
$1,041 - $24,240  
Profit Sharing
$-0.50 - $11,635  
Commission
$48.48 - $20,134  
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).
)
$40,295 - $103,331  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 203
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$14.44 - $25.15  
   
Overtime
$27.49  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$1,041 - $24,240  
   
Commission
$48.48 - $20,134  
Profit Sharing
$-0.50 - $11,635  
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).
)
$40,295 - $103,331  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 50

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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.

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

Pay by Experience for a Business Banker has a positive trend. An entry-level Business Banker with less than 5 years of experience can expect to earn an average total compensation of $53,000 based on 100 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Banker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $67,000 based on 83 salaries. An experienced Business Banker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $83,000 based on 67 salaries. A Business Banker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $90,000 based on 25 salaries.

Pay Difference by Location

National Average: $65,728

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Business Banker

Gender

Female
38 %
Male
62 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 34 votes.
Less than 1 year
4%
1-4 years
31%
5-9 years
23%
10-19 years
31%
20 years or more
10%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Banker Salaries

▲37%

▲27%

▲1%

National Average
$66,000

▼19%

Skills That Affect Business Banker Salaries

Account Sales
▲25%




▲5%

National Average
$66,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 34 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
4%
1-4 years
31%
5-9 years
23%
10-19 years
31%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 80%
vision benefits
Vision: 67%
no benefits
None: 15%
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