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

A Banker's salary grows with experience: a Private Banker I (0-2 years)earns $75,233, a Private Banker II (2-4 years)earns $84,905, a Banker (4-7 years)earns $100,846, a Private Banker IV (7+ years)earns $133,116, a Private Banking Manager (7+ years)earns $179,137,

What are the highest paying states for a Banker?

Banker salary varies significantly by state. The top 3 highest paying states for Banker roles are District of Columbia $112,560, California $112,133, Massachusetts $110,639. These tech hubs typically pay 10-15% above the national average.

How much do different types of Banker roles make?

Salaries for Banker level roles vary by specialization: Senior Banker: $137,954; Mortgage Banker: $122,161; Personal Banker: $100,658; Retail Banker: $90,774; Private Banker: $86,044.

How do different companies affect a Banker's salary?

Company size, industry, and compensation structure create significant salary variations for Banker roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Banker Salary in the United States

How much does a Banker make in the United States?

As of May 01, 2026, the average salary for a Banker in the United States is $101,662 per year, which breaks down to an hourly rate of $49.

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

Top Earners (90th percentile): $122,862
Majority Range (25th-75th percentile): $90,724 to $112,759
Entry-Level (10th percentile): $80,766

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Banker Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$112,759	$9,397	$2,168	$54
Average	$101,662	$8,472	$1,955	$49
25th Percentile	$90,724	$7,560	$1,745	$44

You may get higher pay by adjusting the following factors:

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Check out Banker Job Openings in the United States

Personal Banker

PNC - Sandusky, OH

Personal Banker

PNC - Stow, OH

Personal Banker Associate II

Fifth Third Bancorp - Columbus, OH

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Anywhere Real Estate - Columbus, OH

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Key Factors That Influence Banker Salaries

A 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, education and company size can directly affect your earning potential.

How Experience Level Affects Banker Salaries?

Experience is a primary driver of a 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): $75,233
Early Career (1-2 years): $84,905
Mid-Level (2-4 years): $100,846
Senior-Level (5-8 years): $133,116
Expert (over 8 years): $179,137

Levels	Salary
Private B... Level Banker	$75,233
Private B... Level Banker	$84,905
Banker Level Banker	$100,846
Private B... Level Banker	$133,116
Private B... Level Banker	$179,137

View as Graph

What Am I Worth?

How Do 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 Bankers. For example, consider the average annual salaries in these key locations:

District of Columbia: $112,560.
California: $112,133.
Massachusetts: $110,639.

District of Columbia $112,560 California $112,133 Massachusetts $110,639 Washington $110,232 New Jersey $110,191 Alaska $110,049 Connecticut $108,646 New York $108,077

Hawaii $106,257 Rhode Island $105,403 Maryland $104,824 Minnesota $104,031 Colorado $103,726 Illinois $103,624 Oregon $103,238 Delaware $102,953

New Hampshire $102,774 Virginia $102,374 Pennsylvania $101,205 Nevada $100,615 North Dakota $100,422 Michigan $100,117 Wisconsin $100,005 Vermont $99,781

Texas $99,161 Maine $99,120 Arizona $99,059 Ohio $98,988 Georgia $98,053 Indiana $97,585 Wyoming $97,494 Utah $97,352

Iowa $97,291 Kansas $96,803 Louisiana $96,660 North Carolina $96,609 Missouri $96,589 Florida $96,193 Montana $95,979 Nebraska $95,776

Kentucky $95,664 South Carolina $95,257 Tennessee $95,003 Idaho $94,901 New Mexico $94,159 Oklahoma $93,997 Alabama $93,397 South Dakota $92,390

Arkansas $91,841 West Virginia $91,547 Mississippi $90,662

Top Paying Cities for 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:

San Jose: $128,226
San Francisco: $126,822
Oakland: $124,150

San Jose, CA $128,226

San Francisco, CA $126,822

Oakland, CA $124,150

New York, NY $117,053

Paramus, NJ $115,629

Queens Village, NY $115,624

Passaic, NJ $115,528

Bergenfield, NJ $115,519

Stamford, CT $115,295

Huntington, NY $115,253

Newark, NJ $114,502

Bridgeport, CT $114,287

Vallejo, CA $114,085

New Brunswick, NJ $114,044

Petaluma, CA $113,983

Middlesex, NJ $113,790

Somerset, NJ $113,719

Santa Cruz, CA $113,587

Boston, MA $112,967

Monterey, CA $112,610

Seattle, WA $112,377

Santa Rosa, CA $112,357

Los Angeles, CA $112,326

Juneau, AK $112,062

Washington, DC $111,950

Orange, CA $111,588

Santa Ana, CA $111,320

Long Beach, CA $111,218

Anaheim, CA $111,198

Anchorage, AK $111,147

Santa Maria, CA $110,842

Everett, WA $110,822

Danbury, CT $110,464

Bremerton, WA $110,324

Tacoma, WA $109,958

New Suffolk, NY $109,956

Sacramento, CA $109,927

Santa Barbara, CA $109,815

Trenton, NJ $109,703

San Diego, CA $109,703

Brockton, MA $109,592

Fairbanks, AK $109,343

Lompoc, CA $109,083

Lowell, MA $109,001

Ventura, CA $108,982

Nashua, NH $108,961

Stockton, CA $108,951

Modesto, CA $108,209

Poughkeepsie, NY $107,985

Olympia, WA $107,792

Kennewick, WA $107,792

New Haven, CT $107,752

Lawrence, MA $107,386

Hartford, CT $107,284

Riverside, CA $107,264

New Bedford, MA $107,162

Richland, WA $107,162

Bakersfield, CA $107,020

San Bernardino, CA $106,979

New Britain, CT $106,969

Atlantic City, NJ $106,969

New London, CT $106,928

Norwich, CT $106,898

Portsmouth, NH $106,877

Boulder, CO $106,662

Portland, OR $106,521

Worcester, MA $106,511

Minneapolis, MN $106,196

Philadelphia, PA $106,054

Honolulu, HI $105,718

Saint Paul, MN $105,670

Vineland, NJ $105,647

Providence, RI $105,352

Chicago, IL $105,058

Bellingham, WA $104,936

Springfield, MA $104,854

Baltimore, MD $104,824

Chico, CA $104,570

Pittsfield, MA $104,295

Manchester, NH $104,102

Spokane, WA $103,655

Denver, CO $103,644

Albany, NY $103,167

Troy, NY $103,126

Nassau, NY $103,017

Schenectady, NY $102,912

Wilmington, DE $102,831

Burlington, VT $102,689

Salem, OR $102,648

Portland, ME $102,333

Yakima, WA $102,231

Rochester, MN $101,916

Reno, NV $101,865

Fresno, CA $101,865

Milwaukee, WI $101,774

Detroit, MI $101,672

Ann Arbor, MI $101,655

Allentown, PA $101,642

Colorado Springs, CO $101,469

Syracuse, NY $101,418

Carson City, NV $101,418

Houston, TX $101,276

Eugene, OR $101,225

Gary, IN $101,103

Springfield, OR $101,022

Bismarck, ND $101,001

Galveston, TX $100,930

Medford, OR $100,778

Fort Collins, CO $100,737

Concord, NH $100,686

Austin, TX $100,656

Mesa, AZ $100,442

Reading, PA $100,432

Phoenix, AZ $100,422

Dallas, TX $100,391

Saint Cloud, MN $100,294

Madison, WI $100,157

Utica, NY $99,883

Rochester, NY $99,720

Des Moines, IA $99,710

Raleigh, NC $99,700

Atlanta, GA $99,547

Battle Creek, MI $99,517

Salt Lake City, UT $99,486

Lancaster, PA $99,334

Harrisburg, PA $99,192

Kansas City, MO $99,090

Champaign, IL $99,070

Kansas City, KS $99,070

Fort Worth, TX $99,059

Columbus, OH $99,042

Boca Raton, FL $99,019

Pittsburgh, PA $98,978

Richmond, VA $98,937

Indianapolis, IN $98,917

Cleveland, OH $98,907

Las Vegas, NV $98,785

Cincinnati, OH $98,785

Petersburg, VA $98,632

Huntsville, AL $98,480

Lansing, MI $98,412

Lebanon, PA $98,399

Pueblo, CO $98,388

Appleton, WI $98,358

Buffalo, NY $98,317

Dayton, OH $98,287

Racine, WI $98,266

Charlotte, NC $98,256

Saint Louis, MO $98,226

York, PA $98,165

Elkhart, IN $98,165

Gastonia, NC $98,146

Billings, MT $98,121

Beaumont, TX $98,094

Lorain, OH $98,073

Benton Harbor, MI $98,053

Toledo, OH $98,033

Binghamton, NY $97,982

Rock Hill, SC $97,972

Rockford, IL $97,921

Springfield, IL $97,880

Elyria, OH $97,870

Fargo, ND $97,870

Flagstaff, AZ $97,799

Fort Lauderdale, FL $97,738

Duluth, MN $97,677

Miami, FL $97,677

Cheyenne, WY $97,606

Grand Forks, ND $97,606

Bangor, ME $97,382

Cedar Rapids, IA $97,270

Durham, NC $97,228

Louisville, KY $97,219

Grand Rapids, MI $97,199

Hialeah, FL $97,189

Casper, WY $97,047

Scranton, PA $96,925

New Orleans, LA $96,894

Virginia Beach, VA $96,884

Akron, OH $96,833

Peoria, IL $96,701

Sarasota, FL $96,681

Nashville, TN $96,609

Omaha, NE $96,609

Green Bay, WI $96,609

Baton Rouge, LA $96,559

Charleston, SC $96,538

Jamestown, NY $96,487

Davenport, IA $96,487

Tucson, AZ $96,437

Saint Petersburg, FL $96,376

Tampa, FL $96,355

Evansville, IN $96,294

Port Arthur, TX $96,294

Bradenton, FL $96,254

Santa Fe, NM $96,071

Orlando, FL $95,888

Clearwater, FL $95,857

Canton, OH $95,644

La Crosse, WI $95,644

Albuquerque, NM $95,583

Newport News, VA $95,572

High Point, NC $95,542

Ogden, UT $95,501

Corpus Christi, TX $95,420

Norfolk, VA $95,359

Laramie, WY $95,359

Rock Island, IL $95,298

Saginaw, MI $95,278

Jacksonville, FL $95,267

Salisbury, NC $95,247

Boise, ID $95,227

Moline, IL $95,176

Fort Myers, FL $95,145

Memphis, TN $95,125

Tulsa, OK $95,074

Waterloo, IA $95,013

Spartanburg, SC $94,912

Lincoln, NE $94,861

Fort Wayne, IN $94,840

Provo, UT $94,830

Cedar Falls, IA $94,708

San Antonio, TX $94,668

Greensboro, NC $94,627

South Bend, IN $94,617

Savannah, GA $94,505

Muskegon, MI $94,464

Birmingham, AL $94,454

Winston Salem, NC $94,404

Lake Charles, LA $94,159

Anderson, IN $94,139

Lexington, KY $94,109

Augusta, GA $94,078

Greenville, SC $94,078

Lima, OH $93,997

Wichita, KS $93,987

Tuscaloosa, AL $93,987

Columbia, SC $93,895

Springfield, OH $93,875

Asheville, NC $93,712

Bloomington, IN $93,641

Knoxville, TN $93,275

Shreveport, LA $93,265

Wilmington, NC $93,133

Roanoke, VA $93,133

Topeka, KS $92,950

Frankfort, KY $92,938

Oklahoma City, OK $92,868

Chillicothe, OH $92,828

Longview, TX $92,817

Melbourne, FL $92,807

Sioux Falls, SD $92,645

Mobile, AL $92,634

Terre Haute, IN $92,594

Altoona, PA $92,533

Amarillo, TX $92,462

Killeen, TX $92,431

Fayetteville, AR $92,350

Chattanooga, TN $92,319

Sioux City, IA $92,228

Idaho Falls, ID $92,207

Lynchburg, VA $92,126

Gainesville, FL $91,994

Portsmouth, OH $91,943

Little Rock, AR $91,923

Lafayette, LA $91,882

Youngstown, OH $91,882

Daytona Beach, FL $91,821

Clarksville, TN $91,811

Pensacola, FL $91,801

Temple, TX $91,794

Hopkinsville, KY $91,496

Erie, PA $91,475

Florence, SC $91,435

Charleston, WV $91,272

Great Falls, MT $91,221

Macon, GA $91,079

Tallahassee, FL $91,069

Fayetteville, NC $91,048

Waco, TX $91,028

Helena, MT $90,957

Pine Bluff, AR $90,918

Vincennes, IN $90,794

Lubbock, TX $90,754

Alamogordo, NM $90,693

Twin Falls, ID $90,601

Rapid City, SD $90,571

Jackson, MS $90,388

Huntington, WV $90,381

Greenville, MS $90,378

Parkersburg, WV $90,274

Montgomery, AL $90,256

Wichita Falls, TX $90,154

Springfield, MO $90,154

Biloxi, MS $90,103

Monroe, LA $90,001

Johnstown, PA $89,930

Sumter, SC $89,890

Columbus, GA $89,879

Pascagoula, MS $89,686

Abilene, TX $89,686

Kingsport, TN $89,422

Albany, GA $89,422

Gulfport, MS $89,391

Alexandria, LA $89,056

Fort Smith, AR $88,802

El Paso, TX $88,527

Las Cruces, NM $88,070

Harlingen, TX $87,812

Pocatello, ID $87,795

Florence, AL $87,663

Brownsville, TX $87,643

Mcallen, TX $87,429

Dothan, AL $87,287

Columbus, MS $86,683

Altus, OK $86,209

Lawton, OK $86,016

Pierre, SD $85,650

What Skills Can Increase a Banker's Salary?

Demanded Skills for the Role:

Products and Services (Mentioned in 11.29% Job Postings): Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Client Service (Mentioned in 2.35% Job Postings): Client services are the processes and interactions organizations and members of their staff have with their clients.
Benefits Management (Mentioned in 1.97% Job Postings): Benefits management involves identifying, planning, measuring and tracking benefits from the start of the programme or project investment until realisation of the last projected benefit.

See More Skills

Skills	Demand Percentage
Products and Services	11.29%
Client Service	2.35%
Benefits Management	1.97%

What skills can make your compensation higher?

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 Banker's salary.

Partnering: Can increase your salary by up to 14%.
Planning: Can increase your salary by up to 9%.
Small Business Banking: Can increase your salary by up to 8%.

Skill	Salary	Salary % Increase
Partnering	$115,895	14%
Planning	$110,812	9%
Small Business Banking	$109,795	8%
Commitment	$107,762	6%
Credit Reports	$107,762	6%
Customer Contact	$107,762	6%

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How Education impacts a Banker's Salary?

Your level of education can impact your salary potential. While many Bankers enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Banker with a High School Diploma or Technical Certificate is between $96,501 and $104,055).

Banker Salaries by Degree Level

Typical Education for Banker

No Diploma 13.2%

High School 13.2%

Associates 3.3%

Bachelors 42.9%

Masters 40.7%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	13.2%
High School	13.2%
Associates	3.3%
Bachelors	42.9%
Masters	40.7%
Doctorate	0.0%

view as graph

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

Understanding how a 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 May 01, 2026

$90,724

Average $101,662/year

$112,759

$7,560

Average $8,472/month

$9,397

$1,745

Average $1,955/week

$2,168

$44

Average $49/hour

$54

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$112,759	$9,397	$2,168	$54
Average	$101,662	$8,472	$1,955	$49
25th Percentile	$90,724	$7,560	$1,745	$44

Salaries of jobs related to Banker

Salary Trends for Banker

Salaries for a Banker can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $89,644 in 2023 to around $89,106 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Banker salary trends, .

Average Annual Salary of Banker Over Time

2022

$???

2023

$89,644

2024

$89,838

2025

$89,106

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$89,644
2024	$89,838
2025	$89,106
2026	View More
2027	View More

Most common benefits for Banker

Social Security

401(k)

Disability

Healthcare

Pension

Time Off (days)

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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