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Banker salary
Average banker salary
$44,463
Average Banker Salary
The average salary for a banker in the United States is approximately $44,463 per year or $21 per hour. This figure can fluctuate based on various factors, including geographic location, years of experience, and specific roles within the banking sector.
How Much Does a Banker Make?
Entry-level positions typically start around $35,000 annually, while experienced bankers can earn upwards of $60,000 or more, especially in high-demand areas. As of October 2025, the banking industry shows a steady demand for qualified professionals.
Where Can a Banker Earn More?
Regions with the highest salaries for bankers include California, New York, and Massachusetts. Cities such as San Francisco and New York City offer some of the most lucrative opportunities within the field.
Banker Salary Estimates from Across the Web
Salary data from multiple sources indicates consistent trends, reinforcing the expected annual income range for banking professionals. It is advisable for job seekers to consider both salary and cost of living when evaluating job offers.
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Where can a Banker earn more?
Banker salary estimates from across the web
Average banker salary by state
The average banker salary in New York, New Hampshire, and Maine are the highest in the U.S. The lowest average banker salary states are Wyoming, Alabama, and Iowa.
- State view
- County view
Highest paying states for bankers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $93,188 | $44.80 |
| 2 | Rhode Island | $63,653 | $30.60 |
| 3 | Connecticut | $66,216 | $31.83 |
| 4 | New Jersey | $59,146 | $28.44 |
| 5 | California | $57,853 | $27.81 |
| 6 | Maine | $66,221 | $31.84 |
| 7 | Pennsylvania | $55,529 | $26.70 |
| 8 | Massachusetts | $59,842 | $28.77 |
| 9 | Delaware | $54,019 | $25.97 |
| 10 | North Carolina | $59,966 | $28.83 |
| 11 | Indiana | $48,740 | $23.43 |
| 12 | New Hampshire | $68,780 | $33.07 |
| 13 | Maryland | $56,552 | $27.19 |
| 14 | Kansas | $49,377 | $23.74 |
| 15 | Texas | $53,692 | $25.81 |
| 16 | Florida | $48,630 | $23.38 |
| 17 | Illinois | $44,994 | $21.63 |
| 18 | Vermont | $47,479 | $22.83 |
| 19 | Virginia | $52,370 | $25.18 |
| 20 | West Virginia | $50,124 | $24.10 |
| 21 | Arizona | $44,692 | $21.49 |
| 22 | Kentucky | $44,432 | $21.36 |
| 23 | South Carolina | $44,538 | $21.41 |
| 24 | Hawaii | $58,535 | $28.14 |
| 25 | Georgia | $45,515 | $21.88 |
| 26 | Michigan | $43,965 | $21.14 |
| 27 | Tennessee | $45,638 | $21.94 |
| 28 | Nevada | $46,308 | $22.26 |
| 29 | Minnesota | $47,477 | $22.83 |
| 30 | District of Columbia | $50,176 | $24.12 |
| 31 | Ohio | $38,770 | $18.64 |
| 32 | Louisiana | $45,012 | $21.64 |
| 33 | Nebraska | $40,938 | $19.68 |
| 34 | Missouri | $42,351 | $20.36 |
| 35 | Oregon | $42,323 | $20.35 |
| 36 | Wisconsin | $39,367 | $18.93 |
| 37 | Washington | $41,170 | $19.79 |
| 38 | Wyoming | $34,102 | $16.40 |
| 39 | Arkansas | $42,328 | $20.35 |
| 40 | North Dakota | $35,966 | $17.29 |
| 41 | New Mexico | $42,288 | $20.33 |
| 42 | Colorado | $32,742 | $15.74 |
| 43 | Mississippi | $42,700 | $20.53 |
| 44 | South Dakota | $34,729 | $16.70 |
| 45 | Utah | $39,870 | $19.17 |
| 46 | Alaska | $34,645 | $16.66 |
| 47 | Alabama | $33,412 | $16.06 |
| 48 | Idaho | $35,391 | $17.01 |
| 49 | Iowa | $33,408 | $16.06 |
| 50 | Oklahoma | $32,714 | $15.73 |
| 51 | Montana | $28,726 | $13.81 |
Highest paying cities for bankers
The highest-paying cities for bankers are New York, NY, Nashua, NH, and Hartford, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $95,822 | $46.07 |
| 2 | Nashua, NH | $69,393 | $33.36 |
| 3 | Hartford, CT | $65,882 | $31.67 |
| 4 | San Francisco, CA | $60,984 | $29.32 |
| 5 | Boston, MA | $59,634 | $28.67 |
| 6 | Charlotte, NC | $57,490 | $27.64 |
| 7 | Philadelphia, PA | $56,639 | $27.23 |
| 8 | Bethesda, MD | $55,799 | $26.83 |
| 9 | Austin, TX | $54,504 | $26.20 |
| 10 | Leesburg, VA | $52,837 | $25.40 |
| 11 | Washington, DC | $50,032 | $24.05 |
| 12 | Kansas City, KS | $49,352 | $23.73 |
| 13 | Sarasota, FL | $48,913 | $23.52 |
| 14 | Minneapolis, MN | $47,423 | $22.80 |
| 15 | Knoxville, TN | $47,223 | $22.70 |
| 16 | Las Vegas, NV | $46,189 | $22.21 |
| 17 | Atlanta, GA | $45,276 | $21.77 |
| 18 | Chicago, IL | $45,227 | $21.74 |
| 19 | Greenville, SC | $43,909 | $21.11 |
| 20 | Youngstown, OH | $41,620 | $20.01 |
Banker salary details
A banker's salary ranges from $20,000 a year at the 10th percentile to $97,000 at the 90th percentile.
What is a banker's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $97,000 | $8,083 | $47 |
| 75th Percentile | $67,000 | $5,583 | $32 |
| Average | $44,463 | $3,705 | $21 |
| 25th Percentile | $29,000 | $2,417 | $14 |
| 10th Percentile | $20,000 | $1,667 | $10 |
Highest paying banker jobs
The highest paying types of bankers are finance & sales representative, banking associate, and finance associate.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Sales Consultant | $45,562 | $3,797 | $21.90 | 101,031 |
| Finance Service Representative | $38,361 | $3,197 | $18.44 | 220,519 |
| Finance & Sales Representative | $86,114 | $7,176 | $41.40 | 175,031 |
| Finance Service Advisor | $50,706 | $4,225 | $24.38 | 118,612 |
| Finance Representative | $41,765 | $3,480 | $20.08 | 124,645 |
| Merchant | $74,999 | $6,250 | $36.06 | 15,395 |
Top companies hiring bankers now:
Which companies pay bankers the most?
Banker salaries at Citi and Goldman Sachs are the highest-paying according to our most recent salary estimates. In addition, the average banker salary at companies like Morgan Stanley and BMO Capital Markets are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Citi | $165,713 | $79.67 |
| 2 | Goldman Sachs | $141,478 | $68.02 |
| 3 | Morgan Stanley | $134,712 | $64.77 |
| 4 | BMO Capital Markets | $122,763 | $59.02 |
| 5 | First Republic Bank | $119,761 | $57.58 |
| 6 | Wipro Limited | $115,997 | $55.77 |
| 7 | Santander Bank | $100,088 | $48.12 |
| 8 | Busey | $85,568 | $41.14 |
| 9 | Bulltick | $85,305 | $41.01 |
| 10 | UBS | $85,241 | $40.98 |
| 11 | City National Bank | $81,143 | $39.01 |
| 12 | Banco Bilbao Vizcaya Argentaria | $80,960 | $38.92 |
| 13 | Deutsche Bank | $80,864 | $38.88 |
| 14 | Natixis North America LLC | $80,523 | $38.71 |
| 15 | BNP Paribas | $78,916 | $37.94 |
| 16 | J.P. Morgan | $69,612 | $33.47 |
| 17 | Volt Systems LLC | $60,435 | $29.06 |
| 18 | Banco Itaú | $59,998 | $28.85 |
| 19 | Pyramid Consulting Group | $58,499 | $28.12 |
| 20 | L3Harris | $58,254 | $28.01 |
Wage gap by gender, race and education
Banker salary trends
The average banker salary has fallen by $-5,005 over the last ten years. In 2014, the average banker earned $49,468 annually, but today, they earn $44,463 a year. That works out to a -4% change in pay for bankers over the last decade.
Compare banker salaries for cities or states with the national average over time.
Average banker salary over time
Compare banker salaries for individual cities or states with the national average.
Banker salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $44,500 | $21.38 | +3.9% |
| 2024 | $42,700 | $20.55 | -3.0% |
| 2023 | $44,000 | $21.16 | +0.5% |
| 2022 | $43,800 | $21.05 | -5.5% |
| 2021 | $46,200 | $22.21 | -6.3% |
Recently added banker salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Citizens Financial Group | Citizens Banker | Philadelphia, PA | 06/29/2025 | $51,132 |
| Citizens Financial Group | Citizens Banker | Dearborn Heights, MI | 06/29/2025 | $51,132 |
| Banner Bank | Banker I | Eugene, OR | 06/29/2025 | $37,566 |
| Oneaz Credit Union | Virtual Banker I or II (DOE)-NOT Remote | Phoenix, AZ | 06/29/2025 | $48,001 |
| Park State Bank | Virtual Banker | Minneapolis, MN | 06/28/2025 | $39,653 |
| Bally's Corporation | Cage-Main Banker | Black Hawk, CO | 06/28/2025 | $35,479 |
| Teksystems | Banker | Telluride, CO | 06/27/2025 | $52,000 |
| Citizens | Citizens Banker | New Castle, DE | 06/27/2025 | $51,132 |
| Citigroup | Banker | New York, NY | 06/26/2025 | $275,000 |
| Citizens Financial Group, Inc. | Citizens Banker | New Castle, DE | 06/26/2025 | $51,132 |
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