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Banker salary
Average banker salary
$44,463
How much does a banker make?
The average banker salary in the United States is $44,463. Banker salaries typically range between $20,000 and $97,000 yearly. The average hourly rate for bankers is $21.38 per hour.
Banker salary is impacted by location, education, and experience. Bankers earn the highest average salary in New York.
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Where can a Banker earn more?
Banker salary estimates from across the web
Average banker salary by state
Highest paying states for bankers
Rank  | State | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York | $93,188 | $44.80 |
| 2 | Rhode Island | $63,653 | $30.60 |
| 3 | Connecticut | $66,216 | $31.83 |
| 4 | New Jersey | $59,146 | $28.44 |
| 5 | California | $57,853 | $27.81 |
| 6 | Maine | $66,221 | $31.84 |
| 7 | Pennsylvania | $55,529 | $26.70 |
| 8 | Massachusetts | $59,842 | $28.77 |
| 9 | Delaware | $54,019 | $25.97 |
| 10 | North Carolina | $59,966 | $28.83 |
| 11 | Indiana | $48,740 | $23.43 |
| 12 | New Hampshire | $68,780 | $33.07 |
| 13 | Maryland | $56,552 | $27.19 |
| 14 | Kansas | $49,377 | $23.74 |
| 15 | Texas | $53,692 | $25.81 |
| 16 | Florida | $48,630 | $23.38 |
| 17 | Illinois | $44,994 | $21.63 |
| 18 | Vermont | $47,479 | $22.83 |
| 19 | Virginia | $52,370 | $25.18 |
| 20 | West Virginia | $50,124 | $24.10 |
| 21 | Arizona | $44,692 | $21.49 |
| 22 | Kentucky | $44,432 | $21.36 |
| 23 | South Carolina | $44,538 | $21.41 |
| 24 | Hawaii | $58,535 | $28.14 |
| 25 | Georgia | $45,515 | $21.88 |
| 26 | Michigan | $43,965 | $21.14 |
| 27 | Tennessee | $45,638 | $21.94 |
| 28 | Nevada | $46,308 | $22.26 |
| 29 | Minnesota | $47,477 | $22.83 |
| 30 | District of Columbia | $50,176 | $24.12 |
| 31 | Ohio | $38,770 | $18.64 |
| 32 | Louisiana | $45,012 | $21.64 |
| 33 | Nebraska | $40,938 | $19.68 |
| 34 | Missouri | $42,351 | $20.36 |
| 35 | Oregon | $42,323 | $20.35 |
| 36 | Wisconsin | $39,367 | $18.93 |
| 37 | Washington | $41,170 | $19.79 |
| 38 | Wyoming | $34,102 | $16.40 |
| 39 | Arkansas | $42,328 | $20.35 |
| 40 | North Dakota | $35,966 | $17.29 |
| 41 | New Mexico | $42,288 | $20.33 |
| 42 | Colorado | $32,742 | $15.74 |
| 43 | Mississippi | $42,700 | $20.53 |
| 44 | South Dakota | $34,729 | $16.70 |
| 45 | Utah | $39,870 | $19.17 |
| 46 | Alaska | $34,645 | $16.66 |
| 47 | Alabama | $33,412 | $16.06 |
| 48 | Idaho | $35,391 | $17.01 |
| 49 | Iowa | $33,408 | $16.06 |
| 50 | Oklahoma | $32,714 | $15.73 |
| 51 | Montana | $28,726 | $13.81 |
Highest paying cities for bankers
The highest-paying cities for bankers are New York, NY, Nashua, NH, and Hartford, CT.
| Rank | City | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York, NY | $95,822 | $46.07 |
| 2 | Nashua, NH | $69,393 | $33.36 |
| 3 | Hartford, CT | $65,882 | $31.67 |
| 4 | San Francisco, CA | $60,984 | $29.32 |
| 5 | Boston, MA | $59,634 | $28.67 |
| 6 | Charlotte, NC | $57,490 | $27.64 |
| 7 | Philadelphia, PA | $56,639 | $27.23 |
| 8 | Bethesda, MD | $55,799 | $26.83 |
| 9 | Austin, TX | $54,504 | $26.20 |
| 10 | Leesburg, VA | $52,837 | $25.40 |
| 11 | Washington, DC | $50,032 | $24.05 |
| 12 | Kansas City, KS | $49,352 | $23.73 |
| 13 | Sarasota, FL | $48,913 | $23.52 |
| 14 | Minneapolis, MN | $47,423 | $22.80 |
| 15 | Knoxville, TN | $47,223 | $22.70 |
| 16 | Las Vegas, NV | $46,189 | $22.21 |
| 17 | Atlanta, GA | $45,276 | $21.77 |
| 18 | Chicago, IL | $45,227 | $21.74 |
| 19 | Greenville, SC | $43,909 | $21.11 |
| 20 | Youngstown, OH | $41,620 | $20.01 |
Banker salary details
A banker's salary ranges from $20,000 a year at the 10th percentile to $97,000 at the 90th percentile.
What is a banker's salary?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $97,000 | $8,083 | $47 |
| 75th Percentile | $67,000 | $5,583 | $32 |
| Average | $44,463 | $3,705 | $21 |
| 25th Percentile | $29,000 | $2,417 | $14 |
| 10th Percentile | $20,000 | $1,667 | $10 |
Highest paying banker jobs
The highest paying types of bankers are finance & sales representative, banking associate, and finance associate.
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Finance Sales Consultant | $45,562 | $3,797 | $21.90 | 101,031 |
| Finance Service Representative | $38,361 | $3,197 | $18.44 | 220,519 |
| Finance & Sales Representative | $86,114 | $7,176 | $41.40 | 175,031 |
| Finance Service Advisor | $50,706 | $4,225 | $24.38 | 118,612 |
| Finance Representative | $41,765 | $3,480 | $20.08 | 124,645 |
| Merchant | $74,999 | $6,250 | $36.06 | 15,395 |
Top companies hiring bankers now:
Which companies pay bankers the most?
Banker salaries at Citi and Goldman Sachs are the highest-paying according to our most recent salary estimates. In addition, the average banker salary at companies like Morgan Stanley and BMO Capital Markets are highly competitive.
| Rank | Company | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Citi | $165,713 | $79.67 |
| 2 | Goldman Sachs | $141,478 | $68.02 |
| 3 | Morgan Stanley | $134,712 | $64.77 |
| 4 | BMO Capital Markets | $122,763 | $59.02 |
| 5 | First Republic Bank | $119,761 | $57.58 |
| 6 | Wipro Limited | $115,997 | $55.77 |
| 7 | Santander Bank | $100,088 | $48.12 |
| 8 | Busey | $85,568 | $41.14 |
| 9 | Bulltick | $85,305 | $41.01 |
| 10 | UBS | $85,241 | $40.98 |
| 11 | City National Bank | $81,143 | $39.01 |
| 12 | Banco Bilbao Vizcaya Argentaria | $80,960 | $38.92 |
| 13 | Deutsche Bank | $80,864 | $38.88 |
| 14 | Natixis North America LLC | $80,523 | $38.71 |
| 15 | BNP Paribas | $78,916 | $37.94 |
| 16 | J.P. Morgan | $69,612 | $33.47 |
| 17 | Volt Systems LLC | $60,435 | $29.06 |
| 18 | Banco Itaú | $59,998 | $28.85 |
| 19 | Pyramid Consulting Group | $58,499 | $28.12 |
| 20 | L3Harris | $58,254 | $28.01 |
Wage gap by gender, race and education
Banker salary trends
The average banker salary has fallen by $-5,005 over the last ten years. In 2014, the average banker earned $49,468 annually, but today, they earn $44,463 a year. That works out to a -4% change in pay for bankers over the last decade.
Compare banker salaries for cities or states with the national average over time.
Average banker salary over time
Compare banker salaries for individual cities or states with the national average.
- National Average
- Columbus, OH
Banker salary by year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2025 | $44,500 | $21.38 | +3.9% |
| 2024 | $42,700 | $20.55 | -3.0% |
| 2023 | $44,000 | $21.16 | +0.5% |
| 2022 | $43,800 | $21.05 | -5.5% |
| 2021 | $46,200 | $22.21 | -6.3% |
Recently added banker salaries
| Company | Job | Location | Date Added | Salary |
|---|---|---|---|---|
| First Western Trust Bank | Private Banker I | Jackson, WY | 12/18/2024 | $48,168 |
| JP Morgan Chase | Private Client Banker-Bryant Park-New | New York, NY | 12/16/2024 | $52,175 |
| Citizens | Citizens Banker | Philadelphia, PA | 12/16/2024 | $48,210 |
| Citizens Financial Group | Citizens Banker | Cranston, RI | 12/15/2024 | $41,740 |
| Citizens Financial Group | Citizens Banker | New York, NY | 12/15/2024 | $50,839 |
| M&T Bank Corporation | Market Banker | New York, NY | 12/15/2024 | $43,827 |
| Western Alliance Bank | Preferred Banker | Phoenix, AZ | 12/15/2024 | $54,910 |
| Citizens | Citizens Banker | South Plainfield, NJ | 12/15/2024 | $50,839 |
| Candidate.Guru Inc. | Citizens Banker | Detroit, MI | 12/15/2024 | $46,415 |
| Candidate.Guru Inc. | Citizens Banker | New York, NY | 12/15/2024 | $50,839 |
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