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Bank consultant salary
Average bank consultant salary
$90,094
Average Bank Consultant Salary
The average salary for a Bank Consultant stands at $90,094 annually, translating to approximately $43 per hour. This figure varies based on factors such as location, level of experience, and the specific financial institution.
How Much Does a Bank Consultant Make?
Bank Consultants typically earn higher salaries with increased experience. For instance, entry-level positions may offer lower compensation, while senior roles can lead to salaries exceeding $110,000.
Where Can a Bank Consultant Earn More?
States with the highest-paying opportunities include California, New York, and Texas, reflecting the demand for financial services professionals in urban areas.
Bank Consultant Salary Estimates from Across the Web
- Glassdoor: $92,000
- PayScale: $89,000
- Indeed: $91,500
This diversity in figures indicates the competitive nature of the banking sector and highlights the potential for growth in this career path.
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Where can a Bank Consultant earn more?
Bank consultant salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level bank consultant | $58,600 | $28.18 |
| Mid-level bank consultant | $96,400 | $46.35 |
| Senior-level bank consultant | $172,000 | $82.74 |
Bank consultant salary estimates from across the web
Average bank consultant salary by state
The highest-paying states for bank consultants are Washington, New Mexico, and Maine. The lowest average bank consultant salary states are Nevada, Tennessee, and Utah.
- State view
- County view
Highest paying states for bank consultants
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Minnesota | $97,685 | $46.96 |
| 2 | Washington | $106,930 | $51.41 |
| 3 | Rhode Island | $96,692 | $46.49 |
| 4 | South Dakota | $90,904 | $43.70 |
| 5 | New Mexico | $106,008 | $50.97 |
| 6 | Vermont | $95,027 | $45.69 |
| 7 | Massachusetts | $97,911 | $47.07 |
| 8 | Wyoming | $90,053 | $43.29 |
| 9 | Maine | $103,878 | $49.94 |
| 10 | Arkansas | $99,800 | $47.98 |
| 11 | Montana | $94,129 | $45.25 |
| 12 | New York | $97,814 | $47.03 |
| 13 | Florida | $95,361 | $45.85 |
| 14 | Oregon | $91,826 | $44.15 |
| 15 | Delaware | $96,231 | $46.26 |
| 16 | Iowa | $93,274 | $44.84 |
| 17 | Texas | $90,929 | $43.72 |
| 18 | District of Columbia | $92,883 | $44.66 |
| 19 | Maryland | $100,482 | $48.31 |
| 20 | Hawaii | $93,741 | $45.07 |
| 21 | Michigan | $84,364 | $40.56 |
| 22 | New Hampshire | $88,556 | $42.58 |
| 23 | Oklahoma | $80,284 | $38.60 |
| 24 | Missouri | $85,720 | $41.21 |
| 25 | Connecticut | $89,057 | $42.82 |
| 26 | Illinois | $84,764 | $40.75 |
| 27 | Alabama | $79,299 | $38.12 |
| 28 | Ohio | $82,578 | $39.70 |
| 29 | South Carolina | $87,149 | $41.90 |
| 30 | North Dakota | $85,935 | $41.31 |
| 31 | Wisconsin | $84,037 | $40.40 |
| 32 | West Virginia | $84,003 | $40.39 |
| 33 | California | $83,186 | $39.99 |
| 34 | Kansas | $77,657 | $37.34 |
| 35 | Georgia | $84,156 | $40.46 |
| 36 | Kentucky | $81,455 | $39.16 |
| 37 | Nebraska | $81,025 | $38.95 |
| 38 | Mississippi | $74,398 | $35.77 |
| 39 | North Carolina | $77,873 | $37.44 |
| 40 | Pennsylvania | $77,164 | $37.10 |
| 41 | Idaho | $78,609 | $37.79 |
| 42 | Alaska | $83,116 | $39.96 |
| 43 | New Jersey | $77,986 | $37.49 |
| 44 | Virginia | $79,374 | $38.16 |
| 45 | Colorado | $67,731 | $32.56 |
| 46 | Nevada | $73,390 | $35.28 |
| 47 | Louisiana | $77,916 | $37.46 |
| 48 | Utah | $70,289 | $33.79 |
| 49 | Arizona | $67,983 | $32.68 |
| 50 | Tennessee | $73,140 | $35.16 |
| 51 | Indiana | $69,244 | $33.29 |
Highest paying cities for bank consultants
The highest-paying cities for bank consultants are Marysville, WA, New York, NY, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Marysville, WA | $107,953 | $51.90 |
| 2 | New York, NY | $98,012 | $47.12 |
| 3 | Boston, MA | $97,953 | $47.09 |
| 4 | Minneapolis, MN | $97,755 | $47.00 |
| 5 | Saint Petersburg, FL | $96,449 | $46.37 |
| 6 | Houston, TX | $92,102 | $44.28 |
| 7 | San Francisco, CA | $89,805 | $43.18 |
| 8 | Shelton, CT | $89,072 | $42.82 |
| 9 | Chicago, IL | $85,019 | $40.87 |
| 10 | Detroit, MI | $84,770 | $40.75 |
| 11 | San Juan, PR | $84,733 | $40.74 |
| 12 | Atlanta, GA | $84,003 | $40.39 |
| 13 | Columbus, OH | $82,134 | $39.49 |
| 14 | McLean, VA | $80,090 | $38.50 |
| 15 | Greenville, NC | $79,586 | $38.26 |
| 16 | Jersey City, NJ | $78,109 | $37.55 |
| 17 | Philadelphia, PA | $77,756 | $37.38 |
| 18 | Indianapolis, IN | $69,125 | $33.23 |
| 19 | Phoenix, AZ | $68,126 | $32.75 |
Bank consultant salary details
A bank consultant's salary ranges from $68,000 a year at the 10th percentile to $118,000 at the 90th percentile.
What is a bank consultant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $118,000 | $9,833 | $57 |
| 75th Percentile | $104,000 | $8,667 | $50 |
| Average | $90,094 | $7,508 | $43 |
| 25th Percentile | $77,000 | $6,417 | $37 |
| 10th Percentile | $68,000 | $5,667 | $33 |
Highest paying bank consultant jobs
The highest paying types of bank consultants are mortgage broker, banking associate, and bank officer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Escrow Officer | $50,270 | $4,189 | $24.17 | 62,077 |
| Mortgage Underwriter | $55,721 | $4,643 | $26.79 | 9,260 |
| Loan Officer | $45,817 | $3,818 | $22.03 | 63,663 |
| Loan Originator | $41,291 | $3,441 | $19.85 | 10,716 |
| Mortgage Banker | $27,331 | $2,278 | $13.14 | 24,297 |
| Closer | $29,291 | $2,441 | $14.08 | 7,560 |
Top companies hiring bank consultants now:
Which companies pay bank consultants the most?
Bank consultant salaries at Inter-American Development Bank and J.P. Morgan are the highest-paying according to our most recent salary estimates. In addition, the average bank consultant salary at companies like SAP and Pwc are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Inter-American Development Bank | $109,883 | $52.83 |
| 2 | J.P. Morgan | $106,358 | $51.13 |
| 3 | SAP | $105,615 | $50.78 |
| 4 | Pwc | $104,581 | $50.28 |
| 5 | FNB | $99,177 | $47.68 |
| 6 | Guidehouse | $96,191 | $46.25 |
| 7 | Deloitte | $89,611 | $43.08 |
| 8 | Capco | $88,877 | $42.73 |
| 9 | First Hawaiian Bank | $87,871 | $42.25 |
| 10 | First Financial Northwest Bank | $86,920 | $41.79 |
| 11 | IBM | $86,528 | $41.60 |
| 12 | Core10 | $86,457 | $41.57 |
| 13 | Accenture | $85,828 | $41.26 |
| 14 | Raymond James Financial | $83,679 | $40.23 |
| 15 | JPMorgan Chase & Co. | $80,605 | $38.75 |
| 16 | U.S. Bank | $77,125 | $37.08 |
| 17 | Wells Fargo | $71,287 | $34.27 |
| 18 | Popular | $65,130 | $31.31 |
| 19 | Lakeland Bank | $63,825 | $30.69 |
Wage gap by gender, race and education
Bank Consultant salary by industry
The average bank consultant salary varies across industries:
- The average bank consultant salary in the technology industry is $89,515, the highest of any industry.
- The average bank consultant salary in the finance industry is $88,314.
- Bank consultants in the professional industry earn an average salary of $85,785, the lowest of any industry.
Highest paying industries for bank consultants
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Technology | $89,515 | $43.04 |
| 2 | Finance | $88,314 | $42.46 |
| 3 | Automotive | $86,329 | $41.50 |
| 4 | Professional | $85,785 | $41.24 |
High paying bank consultant jobs
Bank consultant salary trends
The average bank consultant salary has risen by $8,353 over the last ten years. In 2014, the average bank consultant earned $81,741 annually, but today, they earn $90,094 a year. That works out to a 0% change in pay for bank consultants over the last decade.
Compare bank consultant salaries for cities or states with the national average over time.
Average bank consultant salary over time
Compare bank consultant salaries for individual cities or states with the national average.
Bank consultant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $90,100 | $43.31 | +1.1% |
| 2024 | $89,100 | $42.85 | +0.4% |
| 2023 | $88,800 | $42.69 | -2.6% |
| 2022 | $91,100 | $43.79 | +1.6% |
| 2021 | $89,700 | $43.10 | +0.3% |
Recently added bank consultant salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Flagstar Bank | Branch Banking Client Consultant I | New York, NY | 06/27/2025 | $39,924 |
| Flagstar Bank | Branch Banking Client Consultant I | Deer Park, TX | 06/27/2025 | $35,479 |
| Magnifi Financial | Banking Consultant Hours/Week) | Sartell, MN | 06/26/2025 | $35,729 |
| Jpmorgan Chase & Co | Treasury Consultant-Multi-National Corporates and Non-Bank Payment Intermediaries | Plano, TX | 06/25/2025 | $118,750 |
| Jpmorgan Chase & Co | Treasury Consultant-Multi-National Corporates and Non-Bank Payment Intermediaries | New York, NY | 06/25/2025 | $118,750 |
| Flagstar Bank | Branch Banking-Client Consultant I | Montclair, NJ | 06/21/2025 | $35,479 |
| Flagstar Bank | Branch Banking-Client Consultant I | Cuyahoga Falls, OH | 06/12/2025 | $35,479 |
| Flagstar Bank | Branch Banking-Client Consultant II | Victorville, CA | 06/12/2025 | $39,924 |
| First Hawaiian Bank | Banking Consultant (Kapahulu Branch) | Urban Honolulu, HI | 06/11/2025 | $39,653 |
| Jpmorgan Chase | Treasury Consultant-Multi-National Corporates and Non-Bank Payment Intermediaries | Chicago, IL | 06/08/2025 | $118,750 |
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