How Much Does a Banking Analyst Make in Chicago, IL?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Banking Analyst in Chicago, IL is $59,108. While Salary.com is seeing that Banking Analyst salary in Chicago, IL can go up to $78,897 or down to $38,336, but most earn between $48,235 and $69,466. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Banking Analyst
Investment Banking Analyst
$122,676
Chicago, IL
Per Year
Banking Business Analyst
$53,874
Chicago, IL
Per Year
Banking Operations Analyst
$54,018
Chicago, IL
Per Year
Commercial Banking Analyst
$62,507
Chicago, IL
Per Year
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Similar Job Salaries to Banking Analyst by Company

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Company average base salary in (usd) range
Kforce Technology Staffing
Commercial Banking Application Analyst
$88,697/yr
$73,901
$103,494
RANGE: $73,901 - $103,494
JPMorgan Chase
Public Finance Banking Analyst
$96,976/yr
$86,378
$107,574
RANGE: $86,378 - $107,574
Selby Jennings
Investment Banking Analyst/Associate - Technology
$121,460/yr
$101,652
$141,268
RANGE: $101,652 - $141,268
CIBC World Markets Corp
Analyst II, Global Investment Banking
$113,719/yr
$95,717
$131,720
RANGE: $95,717 - $131,720
Kforce Inc
ACH, Swift, Wires Banking Analyst
$57,474/yr
$48,315
$66,634
RANGE: $48,315 - $66,634
Kforce Inc
Business Analyst II with Commercial Banking
$106,734/yr
$95,243
$118,226
RANGE: $95,243 - $118,226
William Blair
Investment Banking Summer Analyst, Summer 2026 Program
$121,460/yr
$101,652
$141,268
RANGE: $101,652 - $141,268
Societe Generale
2025 Investment Banking Summer Analyst Program - Chicago - Corporate & Investment banking - Chicago, United States
$121,460/yr
$101,652
$141,268
RANGE: $101,652 - $141,268
Brown Gibbons Lang & Company
Services, Infrastructure and Environment Investment Banking (Experienced) Senior Analyst
$107,256/yr
$89,657
$124,855
RANGE: $89,657 - $124,855
JPMorgan Chase
Research Analyst- Middle Market Banking and Specialized Industries- Vice President
$103,135/yr
$90,442
$115,829
RANGE: $90,442 - $115,829

Open Banking Analyst Jobs in Chicago, IL

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What Does a Banking Analyst Do?

Banking teaches analysts the ins-and-outs of corporate finance and how to work and survive in a stressful, intense work environment.
Updated December 17, 2021
If you have just graduated with a degree in finance and want to work in an investment bank, your most likely entry point will be as a financial banking analyst.
Updated December 22, 2021
The qualifications needed for a career as a banking analyst include a bachelor’s degree in business, economics, or finance.
Updated December 22, 2021
Read on to learn more about investment banking, investment banking careers, and how to become an investment banking analyst.
Updated December 16, 2021
Many people also “predicted” that Investment Banking Analysts would go extinct after Excel was developed and adopted by everyone, and that didn’t exactly happen.
Updated December 13, 2021

Frequently Asked Questions About a Banking Analyst Salaries

What is the average of a Banking Analyst in Chicago, IL?

The Banking Analyst salary range is from $48,235 to $69,466, and the average Banking Analyst salary is $59,108/year in Chicago, IL. The Banking Analyst's salary will change in different locations.

Which location pays the highest Banking Analyst salary in the United States?

The Banking Analyst salary in San Jose, CA is $70,715 which is the highest in the US.

What kinds of reasons will influence the Banking Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Banking Analyst.

What is the growth rate of the Banking Analyst's salary?

If you are thinking of becoming a Banking Analyst or planning the next step in your career, find the detailed salary report of a Banking Analyst.