Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Commercial Banker Salary (United States)

Average Commercial Bankers in the United States make around $85K annually. In the world of Commercial Bankers, total cash compensation can vary between $48K and $159K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $40K and $10K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Commercial Bankers who took the survey are largely men, dominating at 84 percent. Most workers in this position report moderate levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Commercial Banker Salary (?
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.
)
$50,816 - $136,761
(Median)
51K
66K
85K
110K
140K
MEDIAN: $84,729
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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$60K$120K$180K
Salary
$50,816 - $136,761  
   
Bonus
$2,061 - $40,038  
Profit Sharing
$302.01 - $10,137  
Commission
$2,035 - $15,126  
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).
)
$48,016 - $159,264  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 135
Is Commercial Banker your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Commercial Banker

Many financial institutions work with businesses and corporate clients in addition to individuals, and the person responsible for handling corporate clients is a commercial banker. These specialized bankers maintain and build existing relationships with business clients, while also actively marketing the institution’s services to attract new commercial clients.
Read More...
Commercial Banker Tasks
  • Sell full range of commercial banking services to client base.
  • Originate, negotiate, and close commercial loans.
  • Grow deposits, loans, and fee income in a profitable manner.
  • Develop and expand commercial client relationships, as well as cross sell existing clients.
  • Participate in the business development activities of the bank.

Commercial Banker Job Listings

Search for more jobs:
job title / company
location

Commercial Bankers usually report a few specific skills. Most notably, facility with Sales and Business Development are correlated to pay that is significantly above average, leading to increases of 23 percent and 15 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Commercial Loans, Financial Analysis, and Loan Underwriting. Financial Analysis and Sales are also commonly seen together.

Pay by Experience Level for Commercial Banker

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience is an important factor influencing the compensation of Commercial Bankers. The average inexperienced worker earns $69K, and someone who has worked for five to 10 years can expect a bigger median salary of $86K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $112K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $136K.

Pay Difference By Location

New York
up arrow 49%
Charlotte
up arrow 26%
Chicago
up arrow 1%
National Average
$91,000
Honolulu
up arrow 26%
Larger circles over a city indicate a job is popular in that location.
For Commercial Bankers, working in the bustling city of New York has its advantages, including an above-average pay rate. Commercial Bankers will also find cushy salaries in Charlotte (+26 percent) and Chicago (+1 percent). Location significantly influences compensation, with Honolulu Commercial Bankers earning much less — 26 percent less — than the national average.

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Commercial Banker Salaries

Late-Career
up arrow 49%
Experienced
up arrow 23%
National Average
$91,000
Mid-Career
up arrow 5%
Entry-Level
up arrow 24%

Skills That Affect Commercial Banker Salaries

Sales
up arrow 23%
Business Development
up arrow 15%
National Average
$91,000
Loan Underwriting
up arrow 11%
Commercial Loans
up arrow 18%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 22 votes.

Gender

Female
16%
female alumni
 
Male
84%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
17%
5-9 years
34%
10-19 years
25%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 87%
vision benefits Vision: 77% employee benefits None: 3%