Mercantil Corp Salary

As of August 2026, the average annual salary for employees at Mercantil Corp in the United States is $99,563. This translates to an approximate hourly wage of $48. Salaries at Mercantil Corp typically range from $87,237 to $113,001 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mercantil Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Mercantil Corp. Based on our data, the highest paying job is the Senior Vice President, with an annual salary of $197,238. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Mercantil Corp

Ready for your next career move? Explore current job openings at Mercantil Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Mercantil Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Mercantil Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Second National Bank, Division Of The Park National Bank $105,912
+6.4%
Reflects structural premiums typical of Second National Bank, Division Of The Park National Bank's large-cap national operations.
First Northwest Bancorp $110,205
+10.7%
Supported by First Northwest Bancorp's high-margin contracts allowing higher overhead.
Ny New Medico Holding Co Inc $115,247
+15.8%
Driven by niche technical certifications required for Ny New Medico Holding Co Inc's specialized projects.
Holdings PC $102,885
+3.3%
Reflects a supply-demand imbalance for the specific talent Holdings PC targets.
Financial Services Industry $121,514
+22.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Mercantil Corp

Considering a career at Mercantil Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
This culture of teaching benefits the whole organization. You’re surrounded by experts who are happy to share their knowledge. The inclusive culture fosters teamwork and innovation, making the workplace engaging. Leadership knows employees by name. The environment is inclusive and professional. Touches like quality coffee and fresh fruit make a difference. Workplace culture is respectful but can f...
The company attracts and retains top talent. Leadership invests in employee potential through mentorship and career-path programs. Ergonomic assessments prevent strain. Whether you’re in asset management, consulting, or fintech, you’ll find challenging work and a team that supports your growth.
Feedback is solicited and incorporated. Well-organized and process-driven. The onboarding process is thorough, helping new hires quickly become productive team members. I genuinely appreciate the investment in continuous learning and professional development opportunities provided.
Every day presents a chance to grow. The company favors proven processes over new ideas. Little innovation but solid execution.

Mercantil Corp Overview

Website
www.mercantilbank.com
Founded In
1979
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
433 SE 9th Ave Hialeah Florida FL 33010
Revenue
$50 Million - $200 Million
Phone Number
+1 3054608701
Social Media
About Mercantil Corp
Item 1. Business Our Company We are a bank holding company headquartered in Coral Gables, Florida, with $8.1 billion in assets, $5.9 billion in loans, $6.0 billion in deposits, $747.4 million of shareholders' equity and $1.6 billion in assets under management and custody as of December 31, 2018. We provide individuals and businesses a comprehensive array of deposit, credit, investment, wealth mana

What Benefits Does Mercantil Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mercantil Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Hialeah?

Understanding the cost of living near Hialeah is key to truly evaluating a salary offer or your current compensation at Mercantil Corp.
Hialeah's Cost of Living Index is approximately 111.8 (11.8% more expensive than US average; 8.4% more than FL average). Miami-Dade County city, large Cuban population, housing costs reflect SoFlo market. Miami-Dade Transit. When planning your budget based on a salary from Mercantil Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Mercantil Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,072 - $4,732+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mercantil Corp

1. What is the typical salary range (low to high) for most roles at Mercantil Corp?

The typical annual salary range for most roles at Mercantil Corp is approximately from $87,237 to $113,001. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Mercantil Corp pay compared to Second National Bank, Division Of The Park National Bank?

The average annual salary at Mercantil Corp is $99,563, or an hourly wage of $48, in comparison to Second National Bank, Division Of The Park National Bank which pays $105,912 per year or $51 per hour.

3. How does experience level affect salary at Mercantil Corp?

Experience level is a significant factor in determining salary at Mercantil Corp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Mercantil Corp in Hialeah is fair given the local cost of living?

To determine if a salary offer from Mercantil Corp in Hialeah is fair, first compare the gross salary to our data for similar roles at Mercantil Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Hialeah" to understand its purchasing power.

5. What factors influence salary increases at Mercantil Corp?

Salary increases at Mercantil Corp are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.