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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.
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| Experience level | Avg. salary | Hourly 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 |
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.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $68,057 | $32.72 |
| 2 | Pennsylvania | $63,205 | $30.39 |
| 3 | Maryland | $62,436 | $30.02 |
| 4 | Virginia | $62,237 | $29.92 |
| 5 | Texas | $57,520 | $27.65 |
| 6 | Delaware | $60,617 | $29.14 |
| 7 | California | $62,623 | $30.11 |
| 8 | New Hampshire | $64,684 | $31.10 |
| 9 | Connecticut | $60,868 | $29.26 |
| 10 | Louisiana | $60,149 | $28.92 |
| 11 | Rhode Island | $60,683 | $29.17 |
| 12 | Michigan | $56,352 | $27.09 |
| 13 | Nevada | $57,329 | $27.56 |
| 14 | Alaska | $70,977 | $34.12 |
| 15 | Washington | $59,671 | $28.69 |
| 16 | Vermont | $60,891 | $29.27 |
| 17 | New York | $58,792 | $28.27 |
| 18 | Wyoming | $58,105 | $27.94 |
| 19 | Florida | $54,854 | $26.37 |
| 20 | Massachusetts | $59,901 | $28.80 |
| 21 | South Dakota | $57,022 | $27.41 |
| 22 | Georgia | $52,385 | $25.19 |
| 23 | Oregon | $55,972 | $26.91 |
| 24 | South Carolina | $52,012 | $25.01 |
| 25 | Tennessee | $48,616 | $23.37 |
| 26 | Arizona | $52,200 | $25.10 |
| 27 | District of Columbia | $56,128 | $26.98 |
| 28 | Idaho | $54,373 | $26.14 |
| 29 | North Carolina | $49,117 | $23.61 |
| 30 | Hawaii | $56,484 | $27.16 |
| 31 | Arkansas | $49,404 | $23.75 |
| 32 | Maine | $53,971 | $25.95 |
| 33 | Wisconsin | $52,075 | $25.04 |
| 34 | Alabama | $49,482 | $23.79 |
| 35 | Ohio | $48,746 | $23.44 |
| 36 | Colorado | $50,758 | $24.40 |
| 37 | New Mexico | $51,465 | $24.74 |
| 38 | Minnesota | $48,666 | $23.40 |
| 39 | Missouri | $46,014 | $22.12 |
| 40 | Utah | $47,608 | $22.89 |
| 41 | Illinois | $45,281 | $21.77 |
| 42 | Kansas | $47,658 | $22.91 |
| 43 | Mississippi | $48,655 | $23.39 |
| 44 | Indiana | $47,617 | $22.89 |
| 45 | West Virginia | $47,742 | $22.95 |
| 46 | Montana | $47,494 | $22.83 |
| 47 | Kentucky | $43,743 | $21.03 |
| 48 | Oklahoma | $43,707 | $21.01 |
| 49 | Nebraska | $45,832 | $22.03 |
| 50 | Iowa | $42,792 | $20.57 |
| 51 | North Dakota | $42,016 | $20.20 |
The highest-paying cities for branch managers are Oakland, CA, Philadelphia, PA, and Baltimore, MD.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Oakland, CA | $64,238 | $30.88 |
| 2 | Philadelphia, PA | $63,913 | $30.73 |
| 3 | Baltimore, MD | $62,644 | $30.12 |
| 4 | Richmond, VA | $61,933 | $29.78 |
| 5 | Baton Rouge, LA | $60,344 | $29.01 |
| 6 | Seattle, WA | $60,183 | $28.93 |
| 7 | Boston, MA | $59,799 | $28.75 |
| 8 | New York, NY | $59,050 | $28.39 |
| 9 | San Antonio, TX | $58,532 | $28.14 |
| 10 | Las Vegas, NV | $57,184 | $27.49 |
| 11 | Eugene, OR | $56,693 | $27.26 |
| 12 | Miami, FL | $55,931 | $26.89 |
| 13 | Portland, ME | $54,888 | $26.39 |
| 14 | Savannah, GA | $52,830 | $25.40 |
| 15 | Milwaukee, WI | $52,250 | $25.12 |
| 16 | Phoenix, AZ | $52,245 | $25.12 |
| 17 | Colorado Springs, CO | $51,103 | $24.57 |
| 18 | Cleveland, OH | $50,182 | $24.13 |
| 19 | Raleigh, NC | $49,897 | $23.99 |
| 20 | Birmingham, AL | $49,178 | $23.64 |
Branch Managers are the most in-demand in these five cities:
A branch manager's salary ranges from $39,000 a year at the 10th percentile to $80,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly 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 |
The highest paying types of branch managers are banking center manager, commercial manager, and regional manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Operations Manager, District | $81,574 | $6,798 | $39.22 | 372,271 |
| Business Relationship Manager | $87,741 | $7,312 | $42.18 | 114,003 |
| Area Operations Manager | $49,256 | $4,105 | $23.68 | 340,513 |
| Regional Manager | $97,855 | $8,155 | $47.05 | 156,364 |
| Banking Center Manager | $128,585 | $10,715 | $61.82 | 87,078 |
| Finance Center Manager | $58,763 | $4,897 | $28.25 | 151,642 |
Top companies hiring branch managers now:
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.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | FNB | $82,793 | $39.80 |
| 2 | IBC Bank | $79,841 | $38.39 |
| 3 | BMO Capital Markets | $78,253 | $37.62 |
| 4 | Yoh | $75,533 | $36.31 |
| 5 | Banner Bank | $72,692 | $34.95 |
| 6 | Bangor Savings Bank | $71,870 | $34.55 |
| 7 | Huntington National Bank | $71,002 | $34.14 |
| 8 | Santander Bank | $70,167 | $33.73 |
| 9 | Praxair | $70,150 | $33.73 |
| 10 | Carrier | $69,313 | $33.32 |
| 11 | Northern Trust | $68,730 | $33.04 |
| 12 | First Horizon Bank | $68,714 | $33.04 |
| 13 | Havertys Furniture | $68,596 | $32.98 |
| 14 | Meritage Homes | $68,532 | $32.95 |
| 15 | Bowman Consulting Group | $68,213 | $32.79 |
| 16 | Wintrust Financial | $67,837 | $32.61 |
| 17 | Allied Electronics & Automation | $67,286 | $32.35 |
| 18 | JPMorgan Chase & Co. | $66,016 | $31.74 |
| 19 | Cardinal Financial | $65,978 | $31.72 |
| 20 | Suburban Propane | $65,705 | $31.59 |
The average branch manager salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Professional | $55,380 | $26.63 |
| 2 | Finance | $55,142 | $26.51 |
| 3 | Transportation | $53,066 | $25.51 |
| 4 | Manufacturing | $52,898 | $25.43 |
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.
Compare branch manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly 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% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Carrier | Branch Manager | Spokane, WA | 06/30/2025 | $112,828 |
| Carrier | Branch Manager | Centennial, CO | 06/30/2025 | $112,828 |
| Heights Finance Corporation | Branch Manager | Columbus, MS | 06/30/2025 | $47,000 |
| Heights Finance Corporation | Branch Manager | Oklahoma City, OK | 06/30/2025 | $47,000 |
| Nbtbancorp | Multi-Site Branch Manager | Great Barrington, MA | 06/30/2025 | $79,496 |
| Huntington | Branch Manager | Denver, CO | 06/29/2025 | $80,000 |
| Huntington | Branch Manager | Fridley, MN | 06/29/2025 | $70,000 |
| Huntington | Branch Manager-Uptown Chicago | Chicago, IL | 06/29/2025 | $75,000 |
| Suburban Propane | Branch Manager | Albany, NY | 06/29/2025 | $92,948 |
| World Finance | Branch Manager I | Ottawa, IL | 06/29/2025 | $35,500 |
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