Avg. Base Salary (USD)
The average salary for a Commercial Banker is $91,458 in 2023
What is the Pay by Experience Level for Commercial Bankers?
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 $55,000 based on 10 salaries. An early career Commercial Banker with 1-4 years of experience earns an average total compensation of $70,200 based on 46 salaries. A …Read more
What Do Commercial Bankers Do?
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.
For businesses, money management is an essential task. While businesses may leave large lump sums in accounts, most companies prefer …Read more
- 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.
How do Commercial Bankers Rate Their Jobs?
FAQs About Commercial Bankers
What is the highest pay for Commercial Bankers?
Our data indicates that the highest pay for a Commercial Banker is $144k / year
What is the lowest pay for Commercial Bankers?
Our data indicates that the lowest pay for a Commercial Banker is $55k / year
How can Commercial Bankers increase their salary?
Increasing your pay as a Commercial Banker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Commercial Banker that oversees more junior Commercial Bankers, this experience can increase the likelihood to earn more.