Average Commercial Banker Salary

$93,222
Avg. SalaryShow Hourly Rate
$17,687
Bonus
$6,000
Commission
$4,936
Profit Sharing
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The average salary for a Commercial Banker is $93,222.
10%
$54k
MEDIAN
$93k
90%
$144k
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United States (change)
Salary
$54k - $144k
Bonus
$3k - $49k
Profit Sharing
$500 - $13k
Commission
$1 - $20k
Total Pay
$55k - $182k

Your Market Worth Over Time

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Job Description for Commercial Banker

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.

Job Satisfaction for Commercial Banker

3.9 out of 5
(54)
Highly Satisfied
2Reviews
The top respondents for the job title Commercial Banker are from the companies J.P. Morgan Chase & Co. (JPMCC), KeyBank and Chase Bank. Reported salaries are highest at Bank of America Corp. (BOFA) where the average pay is $142,500. Other companies that offer high salaries for this role include Regions Bank and J.P. Morgan Chase & Co. (JPMCC), earning around $123,202 and $120,079, respectively. KeyBank pays the lowest at around $73,469. Wells Fargo Bank and Chase Bank also pay on the lower end of the scale, paying $86,358 and $90,824, respectively.

Commercial Banker Job Listings

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Popular Skills for Commercial Banker

Skills in Loan Underwriting and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Business Development, Sales and Financial Analysis.

Pay by Experience Level for Commercial Banker

An entry-level Commercial Banker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $50,386 based on 9 salaries. An early career Commercial Banker with 1-4 years of experience earns an average total compensation of $65,829 based on 65 salaries. A mid-career Commercial Banker with 5-9 years of experience earns an average total compensation of $85,892 based on 74 salaries. An experienced Commercial Banker with 10-19 years of experience earns an average total compensation of $108,784 based on 128 salaries. In their late career (20 years and higher), employees earn an average total compensation of $123,693.
Employees with Commercial Banker in their job title in New York, New York earn an average of 44.4% more than the national average. These job titles also find higher than average salaries in San Diego, California (38.5% more) and Houston, Texas (15.4% more). The lowest salaries can be found in Kansas City, Missouri (19.5% less) and Indianapolis, Indiana (15.3% less).

Years of Experience

This data is based on 340 survey responses.
Entry Level
2.6%
Early Career
19.1%
Mid Career
21.8%
Experienced
37.6%
Late Career
18.8%

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