$91,405
Avg. Salary
$22.31
Avg. Hourly Rate

Average additional compensation:

$18,203

Bonus

$4,500

Profit Sharing

$5,000

Commission

What am I worth?
How should I pay?

The average pay for a Commercial Banker is $22.31 per hour.

The average pay for a Commercial Banker is $91,405 per year.

10%
$14.87
10%
$22.31
50%
$28.54
90%
90%
MEDIAN $22.31
10%
$51k
10%
$91k
50%
$141k
90%
90%
MEDIAN $91,405
$50,736 - $140,568
$51K
$91K
$140K
MEDIAN: $91,405
10%
50%
90%

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$14.87 - $28.54
$22
MEDIAN: $22.31
50%

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$0$172K
Salary $50,736 - $140,568
Bonus $3,012 - $45,302
Profit Sharing $0.00 - $12,774
Commission $0.00 - $20,685
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).
)
$50,966 - $172,729
  • Country: United States
  • Currency: USD
  • Updated: 11 Mar 2019
  • Individuals Reporting: 359
Hourly Data $0$28
Hourly Rate $22.31
Overtime $19.83
Annual Data $0$172K
Bonus $3,012 - $45,302
Commission $0.00 - $20,685
Profit Sharing $0.00 - $12,774
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).
)
$50,966 - $172,729
  • Country: United States
  • Currency: USD
  • Updated: 11 Mar 2019
  • Individuals Reporting: 8

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
  • Develop and expand commercial client relationships, as well as cross sell existing clients.
  • Participate in the business development activities of the bank.
  • Grow deposits, loans, and fee income in a profitable manner.
  • Sell full range of commercial banking services to client base.
  • Originate, negotiate, and close commercial loans.

Commercial Banker Pay By Employer

$0$152K

$122,500

Commercial Banker Job Listings

Pay by Experience Level for Commercial Banker

Pay by Experience for a Commercial Banker has a positive trend. An entry-level Commercial Banker with less than 5 years of experience can expect to earn an average total compensation of $70,000 based on 62 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Banker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $94,000 based on 72 salaries. An experienced Commercial Banker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $121,000 based on 89 salaries. A Commercial Banker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $127,000 based on 39 salaries.

Pay Difference by Location

54%

-35%

National Average: $103,944

Larger city markers indicate a job is popular in that location.

With a pay rate for Commercial Bankers that is 88 percent greater than the national average, Boston offers a comfortable salary for those in this profession. Commercial Bankers will also find cushy salaries in New York (+58 percent), Jacksonville (+53 percent), Seattle (+51 percent), and Louisville (+34 percent). One of the biggest compensable factors for Commercial Bankers is geography, with workers in Honolulu earning a whopping 34 percent below the national average. Workers in Chicago and Kansas City earn salaries that trail the national average for those in this profession (34 percent less and 33 percent less, respectively).

Related Job Salaries

Key Stats for Commercial Banker

Gender

Female
16 %
Male
84 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.
Less than 1 year
3%
1-4 years
18%
5-9 years
22%
10-19 years
39%
20 years or more
19%

Experience Affects Commercial Banker Salaries

▲22%

▲16%

National Average
$104,000

▼9%

▼33%

Skills That Affect Commercial Banker Salaries

Customer Relationship Management (CRM)
▲38%

Business Development
▲15%

National Average
$104,000



▼3%

Commercial Loans
▼28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
22%
10-19 years
39%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 87%
vision benefits
Vision: 75%
no benefits
None: 4%