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Commercial Banker Salary

Average Commercial Bankers in the United States make around $87K annually. Total cash compensation for Commercial Bankers runs from $49K to $161K depending on bonuses that can occasionally exceed $40K and profit sharing that can reach almost $10K. 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. The vast majority (86 percent) of Commercial Bankers who answered the questionnaire are male. Job satisfaction is reported as high by the vast majority of workers.

$50,280 - $137,006
(Median)
$50K
$87K
$140K
MEDIAN: $87,161
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
$50,280 - $137,006  
   
Bonus
$2,073 - $40,440  
Profit Sharing
$484.79 - $10,391  
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).
)
$48,689 - $160,590  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 172

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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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Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Sales, Business Development, Loan Underwriting, and Financial Analysis are correlated to pay that is above average. Skills that seem to negatively impact pay include Commercial Loans and Financial Analysis. Employees educated in Financial Analysis are typically practiced in Sales, too.

Pay by Experience Level for Commercial Banker

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. 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 — $88K 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 $119K. Commercial Bankers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $132K.

Related Job Salaries

United States (change)

Experience Affects Commercial Banker Salaries

Late-Career
up arrow 41%

Experienced
up arrow 27%

National Average
$94,000

Mid-Career
up arrow 6%

Entry-Level
up arrow 28%

Skills That Affect Commercial Banker Salaries

up arrow 15%

Business Development
up arrow 12%

National Average
$94,000

Loan Underwriting
up arrow 1%

Financial Analysis
up arrow 3%

Commercial Loans
up arrow 20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
3%
1-4 years
17%
5-9 years
33%
10-19 years
27%
20 years or more
20%

Common Health Benefits

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