As of January 01, 2026, the average salary for a Merchant Banker in District of Columbia is $66,423 per year, which breaks down to an hourly rate of $32.
However, a Merchant Banker's salary can vary significantly. Here’s a look at the typical salary range:
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A Merchant Banker's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Merchant Banker's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Merchant Banker | $65,214 |
| Intermediate Level Merchant Banker | $65,818 |
| Senior Level Merchant Banker | $67,390 |
| Specialist Level Merchant Banker | $69,542 |
| Expert Level Merchant Banker | $70,957 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Merchant Bankers. For example, consider the average annual salaries in these key locations:
Understanding how a Merchant Banker's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on January 01, 2026Ready to take the next step in your career? Browse thousands of current Merchant Banker job openings on our job board. Use the search bar below to find your perfect match.
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