Banking Analyst Salaries in Massachusetts
How Much Does a Banking Analyst Make in Massachusetts?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Banking Analyst in Massachusetts is $61,783.
While Salary.com is seeing that Banking Analyst salary in MA can go up to $82,468
or down to $40,062, but most earn between $50,413 and $72,610.
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
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Similar Job Salaries to Banking Analyst by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Progress Partners IB Inc
Investment Banking Analyst - Technology
|
$101,642/yr
|
RANGE: $89,489 - $113,796
|
|
BellMark Partners, LLC
Investment Banking Analyst
|
$131,833/yr
|
RANGE: $110,443 - $153,223
|
|
U.S. Bank
Business Banking Credit Analyst
|
$76,601/yr
|
RANGE: $66,694 - $86,508
|
|
Zensar Technologies
Core Banking Business Analyst
|
$120,814/yr
|
RANGE: $106,397 - $135,230
|
|
Make Your Move
Sr. Business Banking Credit Analyst
|
$96,810/yr
|
RANGE: $82,695 - $110,925
|
|
U.S. Bank
Business Banking Credit Analyst 4
|
$92,030/yr
|
RANGE: $80,331 - $103,728
|
|
U.S. Bank National Association
Business Banking Credit Analyst 4
|
$92,030/yr
|
RANGE: $80,331 - $103,728
|
|
Ensunet Technology Group
Analyst - Banking/Finance (IT Generalist)
|
$117,077/yr
|
RANGE: $103,304 - $130,850
|
|
RippleMatch
Banking Analyst Intern, application via RippleMatch
|
$95,422/yr
|
RANGE: $84,426 - $106,417
|
|
Capstone Partners
Buy-Side Analyst - Capstone Investment Banking
|
$107,288/yr
|
RANGE: $95,363 - $119,212
|
Top 10 Highest Paying Cities For Banking Analyst Jobs in Massachusetts
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Banking Analyst can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Banking Analyst job salaries in Massachusetts.
Some cities can pay higher salaries for Banking Analyst jobs, which can indicate that there is a large demand for Banking Analyst positions in this city.
The following table shows top 10 cities where the Banking Analyst salary is higher than other cities in Massachusetts.
Boston takes first place in this list, followed by Cambridge, Waltham.
The Banking Analyst salary is $63,316 in Boston,
which is higher than the national average. There are 36 cities' Banking Analyst salary higher than national average in Massachusetts.
The average salary for a Banking Analyst in Massachusetts is $61,783,
but we found that the city with the highest salary for Banking Analyst jobs is Boston, MA, and it is higher than Cambridge.
Banking Analyst jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Boston | $63,316 | $5,276 | $1,218 | $30 |
| Cambridge | $63,316 | $5,276 | $1,218 | $30 |
| Waltham | $63,316 | $5,276 | $1,218 | $30 |
| Newton | $63,316 | $5,276 | $1,218 | $30 |
| Arlington | $63,316 | $5,276 | $1,218 | $30 |
| Brookline | $63,316 | $5,276 | $1,218 | $30 |
| Lynn | $63,316 | $5,276 | $1,218 | $30 |
| Malden | $63,316 | $5,276 | $1,218 | $30 |
| Medford | $63,316 | $5,276 | $1,218 | $30 |
| Quincy | $63,316 | $5,276 | $1,218 | $30 |
What Does a Banking Analyst Do?
Most investment bankers start out as investment banking analysts and hold that position for 2–3 years before moving on to an associate position.
Updated November 14, 2021
In order to operate as an investment banking analyst, you are required to register as a representative of your bank with the Financial Industry Regulatory Authority (commonly called FINRA).
Updated October 13, 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
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
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Explore JobArchitectFrequently Asked Questions About a Banking Analyst Salaries
What is the average of a Banking Analyst in Massachusetts?
The Banking Analyst salary range is from $50,413 to $72,610, and the average Banking Analyst salary is $61,783/year in Massachusetts.
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 $71,604
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.
