What are the main factors that influence a Merchant Banker's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Merchant Banker's salary?

A Merchant Banker's salary grows with experience: starting around $59,648 for beginners, reaching about $61,639 at mid-level, and approach $64,901 for experts.

What are the highest paying states for a Merchant Banker?

Merchant Banker salary varies significantly by state. The top 3 highest paying states for Merchant Banker roles are District of Columbia $66,423, California $66,171, Massachusetts $65,289. These tech hubs typically pay 10-15% above the national average.

How much do different types of Merchant Banker roles make?

Salaries for Merchant Banker level roles vary by specialization: Merchant Manager: $120,774; Senior Merchant: $113,031; Banker: $101,605; Chief Merchant: $99,629; MERCHANT MARINER: $86,415.

Merchant Banker Salary in Delaware

How much does a Merchant Banker make in Delaware?

As of January 01, 2026, the average salary for a Merchant Banker in Delaware is $60,754 per year, which breaks down to an hourly rate of $29.

However, a Merchant Banker's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $73,239
Majority Range (25th-75th percentile): $52,791 to $67,289
Entry-Level (10th percentile): $45,540

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Merchant Banker Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$67,289	$5,607	$1,294	$32
Average	$60,754	$5,063	$1,168	$29
25th Percentile	$52,791	$4,399	$1,015	$25

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Merchant Banker Salaries

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.

How Experience Level Affects Merchant Banker Salaries?

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:

Entry-Level (less than 1 year): $59,648
Early Career (1-2 years): $60,201
Mid-Level (2-4 years): $61,639
Senior-Level (5-8 years): $63,607
Expert (over 8 years): $64,901

Levels	Salary
Entry Level Merchant Banker	$59,648
Intermediate Level Merchant Banker	$60,201
Senior Level Merchant Banker	$61,639
Specialist Level Merchant Banker	$63,607
Expert Level Merchant Banker	$64,901

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How Do Merchant Banker Salaries Vary from State to State?

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:

District of Columbia: $66,423.
California: $66,171.
Massachusetts: $65,289.

District of Columbia $66,423 California $66,171 Massachusetts $65,289 Washington $65,049 New Jersey $65,025 Alaska $64,941 Connecticut $64,113 New York $63,777

Hawaii $62,703 Rhode Island $62,199 Maryland $61,858 Minnesota $61,390 Colorado $61,210 Illinois $61,150 Oregon $60,922 Delaware $60,754

New Hampshire $60,648 Virginia $60,412 Pennsylvania $59,722 Nevada $59,374 North Dakota $59,260 Michigan $59,080 Wisconsin $59,014 Vermont $58,882

Texas $58,516 Maine $58,492 Arizona $58,456 Ohio $58,414 Georgia $57,862 Indiana $57,586 Wyoming $57,532 Utah $57,448

Iowa $57,412 Kansas $57,124 Louisiana $57,040 North Carolina $57,010 Missouri $56,998 Florida $56,764 Montana $56,638 Nebraska $56,518

Kentucky $56,452 South Carolina $56,212 Tennessee $56,062 Idaho $56,002 New Mexico $55,564 Oklahoma $55,468 Alabama $55,114 South Dakota $54,521

Arkansas $54,197 West Virginia $54,023 Mississippi $53,501

Top Paying Cities for Merchant Bankers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Lincoln: $62,877
Little Creek: $62,295
Magnolia: $62,553

Lincoln, DE $62,877 Little Creek, DE $62,295 Magnolia, DE $62,553 Milford, DE $62,877 Marydel, DE $62,062 Millsboro, DE $62,877 Millville, DE $63,297 Milton, DE $62,877

Nassau, DE $62,877 Ocean View, DE $63,297 Rehoboth Beach, DE $63,297 Seaford, DE $62,217 Selbyville, DE $63,297 Smyrna, DE $61,990 Viola, DE $62,553 Woodside, DE $62,373

Bear, DE $61,534 Newark, DE $61,558 Claymont, DE $61,606 Delaware City, DE $61,558 Hockessin, DE $61,606 Kirkwood, DE $61,558 Middletown, DE $61,864 Montchanin, DE $61,606

New Castle, DE $61,606 Odessa, DE $61,948 Port Penn, DE $61,390 Rockland, DE $61,606 Saint Georges, DE $61,558 Townsend, DE $61,858 Winterthur, DE $61,606 Lewes, DE $62,877

Wilmington, DE $61,606 Dover, DE $62,265 Dover Afb, DE $62,409 Bethany Beach, DE $63,297 Bethel, DE $62,217 Bridgeville, DE $62,877 Camden Wyoming, DE $62,331 Cheswold, DE $62,122

Clayton, DE $61,966 Dagsboro, DE $63,297 Delmar, DE $62,217 Ellendale, DE $62,877 Felton, DE $62,877 Fenwick Island, DE $63,297 Frankford, DE $63,297 Frederica, DE $62,877

Georgetown, DE $62,877 Greenwood, DE $62,877 Harbeson, DE $62,877 Harrington, DE $62,877 Hartly, DE $61,936 Houston, DE $62,877 Kenton, DE $61,966 Laurel, DE $62,217

Yorklyn, DE $61,606

Merchant Banker Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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, 2026

$52,791

Average $60,754/year

$67,289

$4,399

Average $5,063/month

$5,607

$1,015

Average $1,168/week

$1,294

$25

Average $29/hour

$32

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$67,289	$5,607	$1,294	$32
Average	$60,754	$5,063	$1,168	$29
25th Percentile	$52,791	$4,399	$1,015	$25

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