Commercial Banker Salary

Commercial Bankers in the United States can expect wages of $89K per year on average. With some bonuses approaching $40K and certain profit sharing proceeds approaching $10K, overall incomes of Commercial Bankers spread between $49K and $157K depending on individual performance. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Among survey respondents, men are more common than women; 85 percent of Commercial Bankers are male. The majority of workers are highly satisfied with their job. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. This report is based on answers to PayScale's salary questionnaire.

$50,853 - $137,552
(Median)
$51K
$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
$50,853 - $137,552  
   
Bonus
$2,517 - $39,799  
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).
)
$49,104 - $157,069  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 185
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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 narrow range of specific skills. Most notably, skills in Sales, Business Development, Financial Analysis, and Loan Underwriting are correlated to pay that is above average. Commercial Loans, on the other hand, is typically associated with much lower pay. Experience with Financial Analysis is often linked with knowledge of Sales.

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. Relatively untried employees who have fewer than five years of experience earn around $68K on average. People who have worked for five to 10 years can expect a higher median salary of $89K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $117K. Commercial Bankers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $122K on average.

Related Job Salaries

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Experience Affects Commercial Banker Salaries

Late-Career
up arrow 26%

Experienced
up arrow 21%

National Average
$97,000

Mid-Career
up arrow 8%

Entry-Level
up arrow 29%

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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