Post job

Branch manager salary

Average branch manager salary

$56,291

$27.06 hourly rate

Entry-level branch manager salary
$39,000 yearly salary
Updated December 15, 2025

Understanding Branch Manager Salaries

The role of a branch manager is crucial in the financial services industry and beyond. As of October 2025, the average salary for a branch manager is $56,291 per year. Factors influencing salary include geographic location, industry type, and years of experience. States like California and New York tend to offer higher compensation due to cost of living and demand for skilled managers.

Branch managers with extensive experience can expect significantly higher salaries. For instance, those with over ten years of experience may earn upwards of $75,000. Additionally, specialized sectors, such as finance and insurance, often provide the best pay packages.

To enhance earning potential, consider pursuing relevant certifications or advanced degrees, which can set candidates apart in a competitive job market. As job opportunities in management continue to grow, understanding these salary insights can empower professionals to negotiate effectively and plan their career trajectories.

On this page
Branch manager salary by: 

Let Zippia find your next branch manager job

Floating question marks illustration

Let Zippia find your next branch manager job

Floating question marks illustration

Where can a Branch Manager earn more?

Compare salary by location
Vs
79k
59k
39k
19k
Columbus, OH$64,238
Birmingham, AL$49,178
Compare salary by company
Vs
96k
76k
56k
36k
FNB$82,793
Suburban Propane$65,705

Branch manager salaries by experience level

Experience levelAvg. salaryHourly rate
Entry-level branch manager$38,700$18.61
Mid-level branch manager$59,900$28.80
Senior-level branch manager$92,100$44.26

Branch manager salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter, Comparably and Payscale, the average salary for a branch manager typically falls between $56,291 and $123,974.
zippia
$56,291yearly
glassdoor[1]
$102,212yearly
indeed[2]
$69,290yearly
comparably[3]
$123,974yearly
Salary.com[4]
$73,894yearly
ZipRecruiter[5]
$73,974yearly
payscale[6]
$59,229yearly

Average branch manager salary by state

The highest-paying states for branch managers are Alaska, New Jersey, and New Hampshire. The lowest average branch manager salary states are Nebraska, Illinois, and Kentucky.

  • State view
  • County view
Average salary:

Highest paying states for branch managers

RankStateAvg. salaryHourly rate
1New Jersey$68,057$32.72
2Pennsylvania$63,205$30.39
3Maryland$62,436$30.02
4Virginia$62,237$29.92
5Texas$57,520$27.65
6Delaware$60,617$29.14
7California$62,623$30.11
8New Hampshire$64,684$31.10
9Connecticut$60,868$29.26
10Louisiana$60,149$28.92
11Rhode Island$60,683$29.17
12Michigan$56,352$27.09
13Nevada$57,329$27.56
14Alaska$70,977$34.12
15Washington$59,671$28.69
16Vermont$60,891$29.27
17New York$58,792$28.27
18Wyoming$58,105$27.94
19Florida$54,854$26.37
20Massachusetts$59,901$28.80
21South Dakota$57,022$27.41
22Georgia$52,385$25.19
23Oregon$55,972$26.91
24South Carolina$52,012$25.01
25Tennessee$48,616$23.37
26Arizona$52,200$25.10
27District of Columbia$56,128$26.98
28Idaho$54,373$26.14
29North Carolina$49,117$23.61
30Hawaii$56,484$27.16
31Arkansas$49,404$23.75
32Maine$53,971$25.95
33Wisconsin$52,075$25.04
34Alabama$49,482$23.79
35Ohio$48,746$23.44
36Colorado$50,758$24.40
37New Mexico$51,465$24.74
38Minnesota$48,666$23.40
39Missouri$46,014$22.12
40Utah$47,608$22.89
41Illinois$45,281$21.77
42Kansas$47,658$22.91
43Mississippi$48,655$23.39
44Indiana$47,617$22.89
45West Virginia$47,742$22.95
46Montana$47,494$22.83
47Kentucky$43,743$21.03
48Oklahoma$43,707$21.01
49Nebraska$45,832$22.03
50Iowa$42,792$20.57
51North Dakota$42,016$20.20

Highest paying cities for branch managers

The highest-paying cities for branch managers are Oakland, CA, Philadelphia, PA, and Baltimore, MD.

RankCityAvg. salaryHourly rate
1Oakland, CA$64,238$30.88
2Philadelphia, PA$63,913$30.73
3Baltimore, MD$62,644$30.12
4Richmond, VA$61,933$29.78
5Baton Rouge, LA$60,344$29.01
6Seattle, WA$60,183$28.93
7Boston, MA$59,799$28.75
8New York, NY$59,050$28.39
9San Antonio, TX$58,532$28.14
10Las Vegas, NV$57,184$27.49
11Eugene, OR$56,693$27.26
12Miami, FL$55,931$26.89
13Portland, ME$54,888$26.39
14Savannah, GA$52,830$25.40
15Milwaukee, WI$52,250$25.12
16Phoenix, AZ$52,245$25.12
17Colorado Springs, CO$51,103$24.57
18Cleveland, OH$50,182$24.13
19Raleigh, NC$49,897$23.99
20Birmingham, AL$49,178$23.64

Branch Managers are the most in-demand in these five cities:

  1. Oakland, CA
  2. Philadelphia, PA
  3. Baltimore, MD
  4. Richmond, VA
  5. Baton Rouge, LA

Branch manager salary details

A branch manager's salary ranges from $39,000 a year at the 10th percentile to $80,000 at the 90th percentile.

Average branch manager salary graph
Average branch manager salary graph, trends, and summary

What is a branch manager's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$80,000$6,667$38
75th Percentile$68,000$5,667$33
Average$56,291$4,691$27
25th Percentile$46,000$3,833$22
10th Percentile$39,000$3,250$19

Highest paying branch manager jobs

The highest paying types of branch managers are banking center manager, commercial manager, and regional manager.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Operations Manager, District$81,574$6,798$39.22372,271
Business Relationship Manager$87,741$7,312$42.18114,003
Area Operations Manager$49,256$4,105$23.68340,513
Regional Manager$97,855$8,155$47.05156,364
Banking Center Manager$128,585$10,715$61.8287,078
Finance Center Manager$58,763$4,897$28.25151,642

Which companies pay branch managers the most?

Branch manager salaries at FNB and IBC Bank are the highest-paying according to our most recent salary estimates. In addition, the average branch manager salary at companies like BMO Capital Markets and Yoh are highly competitive.

RankCompanyAverage salaryHourly rate
1FNB$82,793$39.80
2IBC Bank$79,841$38.39
3BMO Capital Markets$78,253$37.62
4Yoh$75,533$36.31
5Banner Bank$72,692$34.95
6Bangor Savings Bank$71,870$34.55
7Huntington National Bank$71,002$34.14
8Santander Bank$70,167$33.73
9Praxair$70,150$33.73
10Carrier$69,313$33.32
11Northern Trust$68,730$33.04
12First Horizon Bank$68,714$33.04
13Havertys Furniture$68,596$32.98
14Meritage Homes$68,532$32.95
15Bowman Consulting Group$68,213$32.79
16Wintrust Financial$67,837$32.61
17Allied Electronics & Automation$67,286$32.35
18JPMorgan Chase & Co.$66,016$31.74
19Cardinal Financial$65,978$31.72
20Suburban Propane$65,705$31.59

Wage gap by gender, race and education

$59,000$57,800$56,600$55,400$54,200$53,000
MaleFemale

Branch Manager salary by industry

The average branch manager salary varies across industries:

  • The average branch manager salary in the professional industry is $55,380, the highest of any industry.
  • The average branch manager salary in the finance industry is $55,142.
  • Branch managers in the manufacturing industry earn an average salary of $52,898, the lowest of any industry.

Highest paying industries for branch managers

RankIndustryAverage salaryHourly rate
1Professional$55,380$26.63
2Finance$55,142$26.51
3Transportation$53,066$25.51
4Manufacturing$52,898$25.43

High paying branch manager jobs

Branch manager salary trends

The average branch manager salary has risen by $11,335 over the last ten years. In 2014, the average branch manager earned $44,956 annually, but today, they earn $56,291 a year. That works out to a 10% change in pay for branch managers over the last decade.

Compare branch manager salaries for cities or states with the national average over time.

Average branch manager salary over time

Compare branch manager salaries for individual cities or states with the national average.

Branch manager salary by year

YearAvg. salaryHourly rate% Change
2025$56,300$27.06+3.2%
2024$54,500$26.20+1.5%
2023$53,700$25.81+2.3%
2022$52,500$25.23+2.7%
2021$51,100$24.56+3.1%

Recently added branch manager salaries

CompanyJobLocationDate addedSalary
CarrierBranch ManagerSpokane, WA06/30/2025$112,828
CarrierBranch ManagerCentennial, CO06/30/2025$112,828
Heights Finance CorporationBranch ManagerColumbus, MS06/30/2025$47,000
Heights Finance CorporationBranch ManagerOklahoma City, OK06/30/2025$47,000
NbtbancorpMulti-Site Branch ManagerGreat Barrington, MA06/30/2025$79,496
HuntingtonBranch ManagerDenver, CO06/29/2025$80,000
HuntingtonBranch ManagerFridley, MN06/29/2025$70,000
HuntingtonBranch Manager-Uptown ChicagoChicago, IL06/29/2025$75,000
Suburban PropaneBranch ManagerAlbany, NY06/29/2025$92,948
World FinanceBranch Manager IOttawa, IL06/29/2025$35,500

Branch manager salary FAQs

Search for branch manager jobs

Browse executive management jobs