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Senior banker salary
Average senior banker salary
$66,444
Average Senior Banker Salary
The average salary for a Senior Banker in the United States is approximately $66,444 per year. This figure can vary significantly based on factors such as geographic location, years of experience, and the specific banking sector. For instance, senior bankers in metropolitan areas often earn more due to higher living costs and demand for financial services.
Salary by State
In states like California and New York, senior bankers can earn upwards of $80,000 annually, while regions with lower living costs may offer salaries closer to the national average. Understanding these differences is crucial for job seekers in the finance sector.
Top Paying Positions
Positions such as Senior Loan Officer or Branch Manager typically command higher salaries. Additionally, benefits and bonuses can greatly enhance overall compensation.
Career Advancement
As you gain experience and specialize in areas like investment banking or wealth management, your earning potential can increase significantly. Continuous education and certifications can also lead to advancement opportunities and higher pay.
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Where can a Senior Banker earn more?
Senior banker salary estimates from across the web
Average senior banker salary by state
The average senior banker salary in New York, Maine, and Massachusetts are the highest in the U.S. The lowest average senior banker salary states are Indiana, Idaho, and Utah.
- State view
- County view
Highest paying states for senior bankers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $102,156 | $49.11 |
| 2 | Rhode Island | $87,164 | $41.91 |
| 3 | Maryland | $87,311 | $41.98 |
| 4 | Delaware | $84,875 | $40.81 |
| 5 | Vermont | $83,462 | $40.13 |
| 6 | Connecticut | $80,173 | $38.54 |
| 7 | Massachusetts | $88,091 | $42.35 |
| 8 | Maine | $90,868 | $43.69 |
| 9 | Pennsylvania | $68,767 | $33.06 |
| 10 | New Jersey | $70,328 | $33.81 |
| 11 | Ohio | $66,223 | $31.84 |
| 12 | South Carolina | $64,282 | $30.90 |
| 13 | Michigan | $67,752 | $32.57 |
| 14 | Florida | $67,997 | $32.69 |
| 15 | New Mexico | $80,160 | $38.54 |
| 16 | Texas | $67,856 | $32.62 |
| 17 | New Hampshire | $79,957 | $38.44 |
| 18 | District of Columbia | $80,901 | $38.89 |
| 19 | Hawaii | $82,643 | $39.73 |
| 20 | Virginia | $68,676 | $33.02 |
| 21 | Oregon | $64,569 | $31.04 |
| 22 | West Virginia | $69,172 | $33.26 |
| 23 | California | $70,430 | $33.86 |
| 24 | North Carolina | $62,126 | $29.87 |
| 25 | Arkansas | $69,230 | $33.28 |
| 26 | Kentucky | $58,991 | $28.36 |
| 27 | Washington | $65,308 | $31.40 |
| 28 | Missouri | $58,520 | $28.13 |
| 29 | Iowa | $59,888 | $28.79 |
| 30 | Illinois | $58,000 | $27.88 |
| 31 | Wisconsin | $56,351 | $27.09 |
| 32 | Alabama | $54,835 | $26.36 |
| 33 | Georgia | $58,474 | $28.11 |
| 34 | South Dakota | $53,415 | $25.68 |
| 35 | Wyoming | $55,810 | $26.83 |
| 36 | Nevada | $58,651 | $28.20 |
| 37 | Oklahoma | $56,177 | $27.01 |
| 38 | Arizona | $56,162 | $27.00 |
| 39 | Kansas | $52,737 | $25.35 |
| 40 | Minnesota | $58,657 | $28.20 |
| 41 | Indiana | $49,595 | $23.84 |
| 42 | Louisiana | $55,914 | $26.88 |
| 43 | Tennessee | $51,529 | $24.77 |
| 44 | North Dakota | $46,285 | $22.25 |
| 45 | Nebraska | $51,898 | $24.95 |
| 46 | Colorado | $45,531 | $21.89 |
| 47 | Montana | $51,021 | $24.53 |
| 48 | Idaho | $49,442 | $23.77 |
| 49 | Mississippi | $52,021 | $25.01 |
| 50 | Utah | $47,354 | $22.77 |
| 51 | Alaska | $35,685 | $17.16 |
Highest paying cities for senior bankers
The highest-paying cities for senior bankers are New York, NY, Boston, MA, and Burlington, VT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $105,753 | $50.84 |
| 2 | Boston, MA | $89,235 | $42.90 |
| 3 | Burlington, VT | $83,261 | $40.03 |
| 4 | Urban Honolulu, HI | $82,712 | $39.77 |
| 5 | Washington, DC | $81,529 | $39.20 |
| 6 | Palo Alto, CA | $74,364 | $35.75 |
| 7 | Hoboken, NJ | $70,473 | $33.88 |
| 8 | Homestead, FL | $69,458 | $33.39 |
| 9 | Austin, TX | $69,377 | $33.35 |
| 10 | Columbus, OH | $65,206 | $31.35 |
| 11 | Portland, OR | $62,817 | $30.20 |
| 12 | Charlotte, NC | $58,744 | $28.24 |
| 13 | Chicago, IL | $58,254 | $28.01 |
| 14 | Atlanta, GA | $58,023 | $27.90 |
| 15 | Henderson, NV | $57,950 | $27.86 |
| 16 | Green Bay, WI | $57,518 | $27.65 |
| 17 | Scottsdale, AZ | $55,586 | $26.72 |
| 18 | Centennial, CO | $45,477 | $21.86 |
Senior banker salary details
A senior banker's salary ranges from $28,000 a year at the 10th percentile to $153,000 at the 90th percentile.
What is a senior banker's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $153,000 | $12,750 | $74 |
| 75th Percentile | $103,000 | $8,583 | $50 |
| Average | $66,444 | $5,537 | $32 |
| 25th Percentile | $42,000 | $3,500 | $20 |
| 10th Percentile | $28,000 | $2,333 | $13 |
Highest paying senior banker jobs
The highest paying types of senior bankers are mortgage broker, specialist-small business, and business banker.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Sales Consultant | $45,562 | $3,797 | $21.90 | 101,031 |
| Escrow Officer | $50,270 | $4,189 | $24.17 | 62,077 |
| Loan Originator | $41,291 | $3,441 | $19.85 | 10,716 |
| Mortgage Consultant | $38,934 | $3,245 | $18.72 | 24,057 |
| Closer | $29,291 | $2,441 | $14.08 | 7,560 |
| Mortgage Underwriter | $55,721 | $4,643 | $26.79 | 9,260 |
Top companies hiring senior bankers now:
Which companies pay senior bankers the most?
Senior banker salaries at Citi and First Republic Bank are the highest-paying according to our most recent salary estimates. In addition, the average senior banker salary at companies like Northern Trust and Ernst & Young are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Citi | $173,824 | $83.57 |
| 2 | First Republic Bank | $134,127 | $64.48 |
| 3 | Northern Trust | $127,011 | $61.06 |
| 4 | Ernst & Young | $125,504 | $60.34 |
| 5 | BMO Capital Markets | $123,190 | $59.23 |
| 6 | Deloitte | $110,957 | $53.34 |
| 7 | First Commonwealth Bank | $106,569 | $51.24 |
| 8 | Raymond James Financial | $104,701 | $50.34 |
| 9 | Natixis North America LLC | $87,913 | $42.27 |
| 10 | BNP Paribas | $86,574 | $41.62 |
| 11 | Banco Itaú | $84,030 | $40.40 |
| 12 | JPMorgan Chase & Co. | $66,037 | $31.75 |
| 13 | M&T Bank | $64,762 | $31.14 |
| 14 | Wells Fargo | $60,593 | $29.13 |
| 15 | Capital One | $54,207 | $26.06 |
| 16 | U.S. Bank | $54,135 | $26.03 |
| 17 | Fifth Third Bank | $53,482 | $25.71 |
| 18 | Northfield Savings Bank | $52,966 | $25.46 |
| 19 | KeyBank | $49,057 | $23.59 |
| 20 | Charles Schwab | $48,366 | $23.25 |
Wage gap by gender, race and education
Senior banker salary trends
The average senior banker salary has risen by $6,160 over the last ten years. In 2014, the average senior banker earned $60,284 annually, but today, they earn $66,444 a year. That works out to a 0% change in pay for senior bankers over the last decade.
Compare senior banker salaries for cities or states with the national average over time.
Average senior banker salary over time
Compare senior banker salaries for individual cities or states with the national average.
Senior banker salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $66,400 | $31.94 | +1.1% |
| 2024 | $65,700 | $31.60 | +0.4% |
| 2023 | $65,500 | $31.48 | -2.6% |
| 2022 | $67,200 | $32.29 | +1.6% |
| 2021 | $66,100 | $31.79 | +0.3% |
Recently added senior banker salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Bank of America | Senior Banker-Bridgeport-North End Financial Center | Bridgeport, CT | 06/27/2025 | $50,088 |
| Bank of America | Senior Banker-Brooklyn Chinatown Financial Center *Bilingual Mandarin Required | New York, NY | 06/27/2025 | $50,088 |
| Bank of America | Senior Banker-Bilingual Cantonese Required | Los Angeles, CA | 06/25/2025 | $50,088 |
| Bank of America | Senior Banker Maplewood-Parker Hilton Financial Center | Maplewood, MN | 06/24/2025 | $50,088 |
| Bank of America | Senior Banker-Medford Financial Center *Bilingual Spanish Required | Medford, OR | 06/20/2025 | $50,088 |
| Bank of America | Senior Banker-Taunton AVE. Financial Center | East Providence, RI | 06/20/2025 | $50,088 |
| Bank of America | Senior Banker-Rockdale Financial Center | Baltimore, MD | 06/14/2025 | $50,088 |
| Bank of America | Senior Banker | Chicago, IL | 06/14/2025 | $50,088 |
| Bank of America | Senior Banker-Bilingual Spanish Language Required | Seattle, WA | 06/12/2025 | $50,088 |
| Bank of America | Senior Banker-Foothill-Rosemead Financial Center | Pasadena, TX | 06/08/2025 | $50,088 |
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