A Bank Analyst'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, skills
and company size
can directly affect your earning potential.
How Experience Level Affects Bank Analyst Salaries?
Experience is a primary driver of a Bank Analyst'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:
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:
San Jose: $57,997
San Francisco: $57,362
Oakland: $56,153
San Jose, CA$57,997
San Francisco, CA$57,362
Oakland, CA$56,153
New York, NY$52,943
Paramus, NJ$52,300
Queens Village, NY$52,297
Passaic, NJ$52,254
Bergenfield, NJ$52,250
Stamford, CT$52,148
Huntington, NY$52,130
Newark, NJ$51,790
Bridgeport, CT$51,693
Vallejo, CA$51,601
New Brunswick, NJ$51,583
Petaluma, CA$51,555
Middlesex, NJ$51,468
Somerset, NJ$51,436
Santa Cruz, CA$51,376
Boston, MA$51,095
Monterey, CA$50,934
Seattle, WA$50,829
Santa Rosa, CA$50,820
Los Angeles, CA$50,806
Juneau, AK$50,686
Washington, DC$50,636
Orange, CA$50,472
Santa Ana, CA$50,351
Long Beach, CA$50,305
Anaheim, CA$50,295
Anchorage, AK$50,272
Santa Maria, CA$50,134
Everett, WA$50,125
Danbury, CT$49,963
Bremerton, WA$49,900
Tacoma, WA$49,734
New Suffolk, NY$49,733
Sacramento, CA$49,721
Santa Barbara, CA$49,670
Trenton, NJ$49,619
San Diego, CA$49,619
Brockton, MA$49,569
Fairbanks, AK$49,456
Lompoc, CA$49,339
Lowell, MA$49,302
Ventura, CA$49,293
Nashua, NH$49,284
Stockton, CA$49,279
Modesto, CA$48,943
Poughkeepsie, NY$48,842
Olympia, WA$48,755
Kennewick, WA$48,755
New Haven, CT$48,737
Lawrence, MA$48,571
Hartford, CT$48,525
Riverside, CA$48,516
New Bedford, MA$48,470
Richland, WA$48,470
Bakersfield, CA$48,405
San Bernardino, CA$48,387
New Britain, CT$48,382
Atlantic City, NJ$48,382
New London, CT$48,364
Norwich, CT$48,350
Portsmouth, NH$48,341
Boulder, CO$48,244
Portland, OR$48,180
Worcester, MA$48,176
Minneapolis, MN$48,033
Philadelphia, PA$47,969
Honolulu, HI$47,817
Saint Paul, MN$47,795
Vineland, NJ$47,785
Providence, RI$47,651
Chicago, IL$47,518
Bellingham, WA$47,463
Springfield, MA$47,426
Baltimore, MD$47,412
Chico, CA$47,297
Pittsfield, MA$47,173
Manchester, NH$47,086
Spokane, WA$46,883
Denver, CO$46,879
Albany, NY$46,663
Troy, NY$46,644
Nassau, NY$46,595
Schenectady, NY$46,548
Wilmington, DE$46,511
Burlington, VT$46,447
Salem, OR$46,428
Portland, ME$46,286
Yakima, WA$46,240
Rochester, MN$46,097
Reno, NV$46,074
Fresno, CA$46,074
Milwaukee, WI$46,033
Detroit, MI$45,987
Ann Arbor, MI$45,979
Allentown, PA$45,973
Colorado Springs, CO$45,895
Syracuse, NY$45,872
Carson City, NV$45,872
Houston, TX$45,807
Eugene, OR$45,784
Gary, IN$45,729
Springfield, OR$45,693
Bismarck, ND$45,683
Galveston, TX$45,651
Medford, OR$45,582
Fort Collins, CO$45,564
Concord, NH$45,541
Austin, TX$45,527
Mesa, AZ$45,430
Reading, PA$45,426
Phoenix, AZ$45,421
Dallas, TX$45,407
Saint Cloud, MN$45,363
Madison, WI$45,302
Utica, NY$45,178
Rochester, NY$45,104
Des Moines, IA$45,099
Raleigh, NC$45,095
Atlanta, GA$45,026
Battle Creek, MI$45,012
Salt Lake City, UT$44,998
Lancaster, PA$44,929
Harrisburg, PA$44,865
Kansas City, MO$44,819
Champaign, IL$44,810
Kansas City, KS$44,810
Fort Worth, TX$44,805
Columbus, OH$44,797
Boca Raton, FL$44,787
Pittsburgh, PA$44,768
Richmond, VA$44,750
Indianapolis, IN$44,741
Cleveland, OH$44,736
Las Vegas, NV$44,681
Cincinnati, OH$44,681
Petersburg, VA$44,612
Huntsville, AL$44,543
Lansing, MI$44,512
Lebanon, PA$44,506
Pueblo, CO$44,502
Appleton, WI$44,488
Buffalo, NY$44,469
Dayton, OH$44,456
Racine, WI$44,446
Charlotte, NC$44,442
Saint Louis, MO$44,428
York, PA$44,400
Elkhart, IN$44,400
Gastonia, NC$44,392
Billings, MT$44,381
Beaumont, TX$44,368
Lorain, OH$44,359
Benton Harbor, MI$44,350
Toledo, OH$44,341
Binghamton, NY$44,318
Rock Hill, SC$44,313
Rockford, IL$44,290
Springfield, IL$44,272
Elyria, OH$44,267
Fargo, ND$44,267
Flagstaff, AZ$44,235
Fort Lauderdale, FL$44,207
Duluth, MN$44,180
Miami, FL$44,180
Cheyenne, WY$44,148
Grand Forks, ND$44,148
Bangor, ME$44,046
Cedar Rapids, IA$43,996
Durham, NC$43,976
Louisville, KY$43,973
Grand Rapids, MI$43,964
Hialeah, FL$43,959
Casper, WY$43,895
Scranton, PA$43,839
New Orleans, LA$43,826
Virginia Beach, VA$43,821
Akron, OH$43,798
Peoria, IL$43,738
Sarasota, FL$43,729
Nashville, TN$43,697
Omaha, NE$43,697
Green Bay, WI$43,697
Baton Rouge, LA$43,674
Charleston, SC$43,665
Jamestown, NY$43,642
Davenport, IA$43,642
Tucson, AZ$43,619
Saint Petersburg, FL$43,591
Tampa, FL$43,582
Evansville, IN$43,554
Port Arthur, TX$43,554
Bradenton, FL$43,536
Santa Fe, NM$43,453
Orlando, FL$43,370
Clearwater, FL$43,357
Canton, OH$43,260
La Crosse, WI$43,260
Albuquerque, NM$43,232
Newport News, VA$43,228
High Point, NC$43,214
Ogden, UT$43,196
Corpus Christi, TX$43,159
Norfolk, VA$43,131
Laramie, WY$43,131
Rock Island, IL$43,104
Saginaw, MI$43,095
Jacksonville, FL$43,090
Salisbury, NC$43,081
Boise, ID$43,072
Moline, IL$43,049
Fort Myers, FL$43,035
Memphis, TN$43,026
Tulsa, OK$43,003
Waterloo, IA$42,975
Spartanburg, SC$42,929
Lincoln, NE$42,906
Fort Wayne, IN$42,897
Provo, UT$42,892
Cedar Falls, IA$42,837
San Antonio, TX$42,819
Greensboro, NC$42,800
South Bend, IN$42,796
Savannah, GA$42,745
Muskegon, MI$42,727
Birmingham, AL$42,722
Winston Salem, NC$42,700
Lake Charles, LA$42,589
Anderson, IN$42,580
Lexington, KY$42,566
Augusta, GA$42,552
Greenville, SC$42,552
Lima, OH$42,515
Wichita, KS$42,511
Tuscaloosa, AL$42,511
Columbia, SC$42,469
Springfield, OH$42,460
Asheville, NC$42,386
Bloomington, IN$42,354
Knoxville, TN$42,189
Shreveport, LA$42,184
Wilmington, NC$42,124
Roanoke, VA$42,124
Topeka, KS$42,042
Frankfort, KY$42,036
Oklahoma City, OK$42,005
Chillicothe, OH$41,986
Longview, TX$41,982
Melbourne, FL$41,977
Sioux Falls, SD$41,904
Mobile, AL$41,899
Terre Haute, IN$41,881
Altoona, PA$41,853
Amarillo, TX$41,821
Killeen, TX$41,807
Fayetteville, AR$41,770
Chattanooga, TN$41,756
Sioux City, IA$41,715
Idaho Falls, ID$41,706
Lynchburg, VA$41,669
Gainesville, FL$41,609
Portsmouth, OH$41,586
Little Rock, AR$41,577
Lafayette, LA$41,559
Youngstown, OH$41,559
Daytona Beach, FL$41,531
Clarksville, TN$41,527
Pensacola, FL$41,522
Temple, TX$41,519
Hopkinsville, KY$41,384
Erie, PA$41,375
Florence, SC$41,356
Charleston, WV$41,283
Great Falls, MT$41,260
Macon, GA$41,195
Tallahassee, FL$41,191
Fayetteville, NC$41,182
Waco, TX$41,172
Helena, MT$41,140
Pine Bluff, AR$41,123
Vincennes, IN$41,067
Lubbock, TX$41,048
Alamogordo, NM$41,021
Twin Falls, ID$40,979
Rapid City, SD$40,966
Jackson, MS$40,883
Huntington, WV$40,880
Greenville, MS$40,878
Parkersburg, WV$40,831
Montgomery, AL$40,823
Wichita Falls, TX$40,777
Springfield, MO$40,777
Biloxi, MS$40,754
Monroe, LA$40,708
Johnstown, PA$40,676
Sumter, SC$40,657
Columbus, GA$40,653
Pascagoula, MS$40,565
Abilene, TX$40,565
Kingsport, TN$40,446
Albany, GA$40,446
Gulfport, MS$40,432
Alexandria, LA$40,280
Fort Smith, AR$40,165
El Paso, TX$40,041
Las Cruces, NM$39,834
Harlingen, TX$39,718
Pocatello, ID$39,710
Florence, AL$39,650
Brownsville, TX$39,641
Mcallen, TX$39,545
Dothan, AL$39,480
Columbus, MS$39,207
Altus, OK$38,993
Lawton, OK$38,906
Pierre, SD$38,740
What Skills Can Increase a Bank Analyst's Salary?
Demanded Skills for the Role:
Customer Service (Mentioned in 8.78% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 1.9% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Microsoft Excel (Mentioned in 1.25% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Bank Analyst's salary.
Budgeting: Can increase your salary by up to 36%.
Building Maintenance: Can increase your salary by up to 30%.
Bank Analyst Salary by Industry: Top Paying Sectors
For Bank Analyst roles, the industry you choose can affect earning potential
by as much as 50% (the gap between the highest and lowest paying industries).
Data shows that the Financial Services and Insurance
sectors offer the strongest compensation, at 30% above the average.
In contrast, Bank Analyst positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay,
as these industries often view Bank Analyst as a support function rather than a direct revenue driver.
The top paying industries for a Bank Analyst
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$54,981
$26.0
30%
Insurance
$46,522
$22.0
10%
Bank Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Bank Analyst'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.
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Where Does Our Salary Data Come From?
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources.
We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right.
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