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As of August 01, 2026, the average salary for a Commercial Banking Manager in Virginia is $203,814 per year, which breaks down to an hourly rate of $98.
However, a Commercial Banking Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Commercial Banking Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $222,034 | $18,503 | $4,270 | $107 |
| Average | $203,814 | $16,984 | $3,919 | $98 |
| 25th Percentile | $183,501 | $15,292 | $3,529 | $88 |
Bank of America - Richmond, VA
Vets Hired - Richmond, VA
Fulton Bank - Richmond, VA
First Horizon Bank - Onancock, VA
A Commercial Banking Manager'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.
Experience is a primary driver of a Commercial Banking Manager'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:
| Levels | Salary |
|---|---|
| Loan Work... Level Commercial Banking Manager | $77,440 |
| Loan Work... Level Commercial Banking Manager | $107,359 |
| Loan Work... Level Commercial Banking Manager | $139,007 |
| Loan Work... Level Commercial Banking Manager | $150,121 |
| Commercia... Level Commercial Banking Manager | $202,474 |
What Am I Worth?
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 Commercial Banking Managers. For example, consider the average annual salaries in these key locations:
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:
For Commercial Banking Manager roles, the industry you choose can impact your earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Commercial Banking Manager positions in Business Services typically offer lower base pay, as this sector often view Commercial Banking Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $244,577 | $118.0 | 20% |
| Edu., Gov't. & Nonprofit | $214,004 | $103.0 | 5% |
Understanding how a Commercial Banking Manager'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $222,034 | $18,503 | $4,270 | $107 |
| Average | $203,814 | $16,984 | $3,919 | $98 |
| 25th Percentile | $183,501 | $15,292 | $3,529 | $88 |
Ready to take the next step in your career? Browse thousands of current Commercial Banking Manager job openings on our job board. Use the search bar below to find your perfect match.
First Horizon
Onancock, VA
First Horizon | Onancock, VA
Location: On site at location listed in job posting.Schedule: Monday through Friday, 8:30AM to 5:15PMSummaryIf you're a natural leader and want to lead a t... more
7 Days Ago
Bank of America
Richmond, VA
Bank of America | Richmond, VA
Bank Of America Financial Solutions Specialist. At Bank of America, we are guided by a common purpose to help make financial lives better through the power... more
7 Days Ago
Citizens Financial Group
Suffolk, VA
Citizens Financial Group | Suffolk, VA
Job Description. At Citizens, tailored advice, personalized experiences, and innovative ideas, products, and solutions, are central to helping clients navi... more
6 Days Ago
Bank of America
Mc Lean, VA
Bank of America | Mc Lean, VA
Bank Of America Business Banking Client Advisor. At Bank of America, we are guided by a common purpose to help make financial lives better through the powe... more
6 Days Ago
Critter Control
Sterling, VA
Critter Control | Sterling, VA
Commercial Pest Control Account Manager. Are you a hungry commercial pest control account manager or sales professional looking to grow. Fox Pest Control i... more
4 Days Ago
Guaranteed Cleaning Services Inc.
Charlottesville, VA
Guaranteed Cleaning Services Inc. | Charlottesville, VA
Candidates should have hands-on knowledge of:Location:Shenandoah Valley, VA (Waynesboro, Staunton, Fishersville, Harrisonburg, Charlottesville, Lexington, ... more
7 Days Ago
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