Commercial Banker Salary

Commercial Bankers in the United States tend to be well-versed in their field, and one-half have more than 10 years of experience. Average salary is expected to be around $90K per year, but may range from $48K to $161K per year. Overall cash earnings for Commercial Bankers stretch from $48K on the lower end to $161K near the top, and the heftiest packages can encompass around $50K from bonuses and $12K from profit sharing. Geography and tenure each impact pay for this group, with the former having the largest influence. For the most part, Commercial Bankers enjoy their work and report high levels of job satisfaction. The vast majority of Commercial Bankers (89 percent) who took the survey are men. Almost all report receiving medical coverage from their employers and a large number collect dental insurance.

$49,611 - $143,391
(Median)
$50K
$90K
$140K
MEDIAN: $90,460
10%
50%
90%

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$7.07 - $27.35
(Median)
$7
$17
$27
MEDIAN: $17.00
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$60K$120K$180K
Salary
$49,611 - $143,391  
   
Bonus
$2,959 - $50,335  
Profit Sharing
$257.60 - $11,635  
Commission
$0.00 - $24,468  
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).
)
$47,895 - $161,258  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 243
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$30$60$90
Hourly Rate
$7.07 - $27.35  
   
Overtime
$28.06  
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$60K$120K$180K
Bonus
$2,959 - $50,335  
   
Commission
$0.00 - $24,468  
Profit Sharing
$257.60 - $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).
)
$47,895 - $161,258  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 10
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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.

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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

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Survey results imply that Commercial Bankers put a diverse skill set to use. Most notably, facility with Customer Relationship Management, Sales, and Business Development are correlated to pay that is significantly above average, leading to increases of 27 percent, 7 percent, and 6 percent, respectively. Commercial Loans, on the other hand, is typically associated with much lower pay. Competency in Financial Analysis frequently indicates knowledge of Sales.

Pay by Experience Level for Commercial Banker

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Commercial Bankers with a lot of experience tend to enjoy higher earnings. Workers in their first five years can expect to earn $67K, but people who have been around for five to 10 years earn a noticeably bigger sum of $90K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $120K. 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 $130K.

Related Job Salaries

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Experience Affects Commercial Banker Salaries

Late-Career
up arrow 32%


National Average
$99,000



Skills That Affect Commercial Banker Salaries

Customer Relationship Management (CRM)
up arrow 27%

up arrow 7%

Business Development
up arrow 6%

National Average
$99,000

Financial Analysis
up arrow 1%

Loan Underwriting
up arrow 2%

Commercial Loans
up arrow 24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.

Gender

Female
11 %
Male
89 %

Years of Experience

Less than 1 year
3%
1-4 years
17%
5-9 years
29%
10-19 years
31%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 89%
medical benefits
Vision: 73%
dental benefits
None: 2%
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