Commercial Banker Salary

Pay for Commercial Bankers in the United States sits in the ballpark of $89K annually. In the world of Commercial Bankers, total cash compensation can vary between $48K and $157K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $40K and $10K, respectively. Location is the biggest factor affecting pay for this group, followed by experience level. Medical benefits are awarded to nearly all, and most earn dental coverage. Male Commercial Bankers far outnumber their female contemporaries among those who completed the questionnaire. For the most part, Commercial Bankers enjoy their work and report high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$50,498 - $137,291
(Median)
$50K
$89K
$140K
MEDIAN: $89,032
10%
50%
90%

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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$60K$120K$180K
Salary
$50,498 - $137,291  
   
Bonus
$2,534 - $39,766  
Profit Sharing
$493.16 - $10,332  
Commission
$1,000 - $15,000  
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).
)
$48,432 - $156,775  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 187
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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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Commercial Bankers report a focused set of job skills. Most notably, skills in Sales, Business Development, Financial Analysis, and Loan Underwriting are correlated to pay that is above average. Those listing Commercial Loans as a skill should be prepared for drastically lower pay. It is not unusual for someone who knows Financial Analysis to be familiar with Sales as well.

Pay by Experience Level for Commercial Banker

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


Commercial Bankers with a rich background of experience are typically rewarded with larger paychecks. Relatively untried employees who have less than five years' experience have a median salary of $68K. Those who have been around for five to 10 years can expect to take home more — $89K on average. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $117K. More than 20 years of experience mean a somewhat bigger median paycheck of $123K, but it's not much more than what less experienced people make.

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Experience Affects Commercial Banker Salaries

Late-Career
up arrow 27%

Experienced
up arrow 21%

National Average
$97,000

Mid-Career
up arrow 8%

Entry-Level
up arrow 30%

Skills That Affect Commercial Banker Salaries

up arrow 11%

Business Development
up arrow 9%

National Average
$97,000

Financial Analysis
up arrow 1%

Loan Underwriting
up arrow 2%

Commercial Loans
up arrow 22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
15 %
Male
85 %

Years of Experience

Less than 1 year
4%
1-4 years
16%
5-9 years
32%
10-19 years
27%
20 years or more
21%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 87%
vision benefits Vision: 75% employee benefits None: 3%
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