A bank manager salary: Bank Manager Salary | Salary.com
Bank Manager Salary (January 2023)
Updated December 12, 2022
$96,910yearly
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More
$46.59 hourly
Entry level Salary
$65,000
yearly
$65,000
10%
$96,910
Median
$142,000
90%
How much does a Bank Manager make?
Bank managers make $96,910 per year on average, or $46.59 per hour, in the United States. Bank managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $65,000 a year, while the top 10% makes $142,000.
Location impacts how much a bank manager can expect to make. Bank managers make the most in California, New York, Washington, New Jersey, and Maine.
Highest Paying State
California
Highest Paying City
San Francisco, CA
Highest Paying Company
Accenture
What Am I Worth?
Highest Paying State
California
Highest Paying City
San Francisco, CA
Highest Paying Company
Accenture
What Am I Worth?
Highest Paying States For Bank Managers
If both location and money are important to you, then you might want to check out moving to California, New York and Washington, as these three states offer the highest salaries throughout the U. S. for bank managers. Quite opposite of that list is the lowest paying states, which are Minnesota, Iowa, and Missouri.
- State View
- County View
Average Salary:
Bank Manager average salary by State
| Rank | State | Avg. Salary | Hourly Rate | Job Count |
|---|---|---|---|---|
| 1 | New York | $120,519 | $57.94 | 1,932 |
| 2 | California | $126,414 | $60.78 | 4,161 |
| 3 | Washington | $114,969 | $55.27 | 981 |
| 4 | New Jersey | $111,826 | $53.76 | 916 |
| 5 | Delaware | $107,231 | $51.55 | 143 |
| 6 | Nevada | $108,980 | $52.39 | 196 |
| 7 | North Carolina | $104,420 | $50.20 | 944 |
| 8 | Connecticut | $104,575 | $50. 28 |
396 |
| 9 | Georgia | $97,995 | $47.11 | 1,053 |
| 10 | Maine | $111,499 | $53.61 | 66 |
| 11 | Pennsylvania | $96,567 | $46.43 | 1,069 |
| 12 | District of Columbia | $103,706 | $49.86 | 325 |
| 13 | Rhode Island | $101,594 | $48.84 | 92 |
| 14 | Michigan | $94,103 | $45.24 | 730 |
| 15 | Vermont | $103,586 | $49.80 | 49 |
| 16 | Maryland | $100,292 | $48.22 | 704 |
| 17 | Arizona | $91,797 | $44.13 | 688 |
| 18 | Massachusetts | $94,117 | $45.25 | 1,026 |
| 19 | New Hampshire | $95,867 | $46.09 | 119 |
| 20 | Hawaii | $96,985 | $46.63 | 98 |
| 21 | Texas | $90,134 | $43. 33 |
2,018 |
| 22 | Alaska | $96,605 | $46.44 | 67 |
| 23 | Virginia | $94,150 | $45.26 | 892 |
| 24 | Louisiana | $92,354 | $44.40 | 215 |
| 25 | Ohio | $87,229 | $41.94 | 873 |
| 26 | Wisconsin | $90,049 | $43.29 | 390 |
| 27 | Alabama | $90,146 | $43.34 | 273 |
| 28 | Oregon | $90,334 | $43.43 | 378 |
| 29 | West Virginia | $88,233 | $42.42 | 90 |
| 30 | Idaho | $90,836 | $43.67 | 92 |
| 31 | New Mexico | $90,120 | $43.33 | 100 |
| 32 | Tennessee | $85,037 | $40.88 | 399 |
| 33 | Kansas | $83,890 | $40.33 | 229 |
| 34 | Florida | $83,246 | $40. 02 |
1,497 |
| 35 | Oklahoma | $86,549 | $41.61 | 160 |
| 36 | Arkansas | $78,907 | $37.94 | 251 |
| 37 | Utah | $79,774 | $38.35 | 305 |
| 38 | Illinois | $76,537 | $36.80 | 1,603 |
| 39 | South Dakota | $83,772 | $40.27 | 35 |
| 40 | Indiana | $77,911 | $37.46 | 538 |
| 41 | South Carolina | $82,975 | $39.89 | 294 |
| 42 | Missouri | $75,173 | $36.14 | 626 |
| 43 | Minnesota | $75,710 | $36.40 | 656 |
| 44 | Kentucky | $76,265 | $36.67 | 269 |
| 45 | Colorado | $67,782 | $32.59 | 687 |
| 46 | Mississippi | $80,074 | $38.50 | 105 |
| 47 | Iowa | $75,465 | $36. 28 |
299 |
| 48 | Montana | $77,087 | $37.06 | 89 |
| 49 | North Dakota | $77,611 | $37.31 | 42 |
| 50 | Wyoming | $70,366 | $33.83 | 41 |
| 51 | Nebraska | $65,535 | $31.51 | 149 |
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Top Bank Manager Jobs Near You
Highest Paying Cities For Bank Managers
| Rank | City | Avg. Salary |
Hourly Rate |
|---|---|---|---|
| 1 | San Francisco, CA | $138,084 | $66.39 |
| 2 | New York, NY | $120,789 | $58.07 |
| 3 | Reno, NV | $116,896 | $56.20 |
| 4 | Jersey City, NJ | $112,365 | $54.02 |
| 5 | Portland, ME | $112,016 | $53.85 |
| 6 | Raleigh, NC | $105,928 | $50.93 |
| 7 | Atlanta, GA | $97,839 | $47.04 |
| 8 | McLean, VA | $96,652 | $46.47 |
| 9 | Boston, MA | $94,338 | $45.35 |
| 10 | Fairbanks, AK | $93,465 | $44.94 |
| 11 | Central, LA | $92,803 | $44.62 |
| 12 | Phoenix, AZ | $91,958 | $44.21 |
| 13 | Houston, TX | $91,140 | $43.82 |
| 14 | Waukesha, WI | $90,079 | $43. 31 |
| 15 | Alabaster, AL | $89,742 | $43.15 |
Bank Manager Salary by Years of Experience
The salary for a bank manager can vary depending on the years of experience that a person has, from entry level to senior level. An accountant with 0-2 years of experience earns an average salary of $66,630, a mid-career professional with 3-6 years of experience makes $96,910 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $158,504. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.
Entry LevelAvg.salary$67k
Senior LevelAvg.salary$159k
Bank Manager Salary By Experience Level
| Experience Level | Avg. Salary | Hourly Rate |
|---|---|---|
| Entry Level | $66,600 | $32. 03 |
| Mid Level | $103,000 | $49.58 |
| Senior Level | $159,000 | $76.20 |
Bank Managers Salary Details
Average Bank Manager Salary Graph, Trends, and Summary
What is a Bank Manager’s Salary?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $142,000 | $11,833 | $68 |
| 75th Percentile | $118,000 | $9,833 | $57 |
| Average | $96,910 | $8,076 | $47 |
| 25th Percentile | $79,000 | $6,583 | $38 |
| 10th Percentile | $65,000 | $5,417 | $31 |
Highest Paying Types of Bank Managers
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Manager Finance Planning And Analysis | $106,888 | $8,907 | $51. 39 |
111,706 |
| Business Manager-Finance Manager | $106,036 | $8,836 | $50.98 | 180,161 |
| Finance And Insurance Manager | $92,250 | $7,687 | $44.35 | 136,188 |
| Management Accounts Manager | $91,681 | $7,640 | $44.08 | 113,871 |
| Business Relationship Manager | $87,741 | $7,312 | $42.18 | 114,003 |
| Portfolio Manager | $114,671 | $9,556 | $55.13 | 43,192 |
Here are the five companies hiring the most now:
- Citi Jobs (12)
- BNY Mellon Jobs (9)
- Standard Chartered Jobs (8)
- Trustco Bank Jobs (13)
- JPMorgan Chase & Co. Jobs (74)
Which Companies Pay Bank Managers The Most?
The highest paying companies for bank managers are Accenture and Pwc according to our most recent salary estimates. In addition, companies like Ernst & Young and Citi report highly competitive wages for bank managers.
Bank Manager Pay Trends
Average Bank Manager Salary Over Time
Compare salaries for individual cities or states with the national average.
Recently Added Bank Manager Salaries
Bank Manager Salaries FAQs
What State Pays Bank Managers The Most?
California pays Bank Managers the most in the United States, with an average salary of $126,414 per year, or $60.78 per hour.
How Do I Know If I’m Being Paid Fairly As A Bank Manager?
You know if you are being paid fairly as a Bank Manager if your pay is close to the average pay for the state you live in. For example, if you live in New York you should be paid close to $120,519 per year.
What Type Of Bank Manager Gets Paid The Most?
Senior Finance Manager gets paid the most. Senior Finance Manager made a median salary of $133,358. The best-paid 10 percent make $158,000, while the lowest-paid 10 percent make $111,000.
Have more questions? See all answers to common executive management questions.
Search For Bank Manager Jobs
Updated December 12, 2022
Regional Bank Manager Salary the United States
Average Base Salary
Average Hourly Rate
$47.66 (USD)/hr
Average Bonus
$6,821 (USD)/yr
Compensation Data Based on Experience
The average regional bank manager gross salary in United States is $99,142 or an equivalent hourly rate of $48. In addition, they earn an average bonus of $6,821. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States. An entry level regional bank manager (1-3 years of experience) earns an average salary of $69,794. On the other end, a senior level regional bank manager (8+ years of experience) earns an average salary of $122,948.
Quickly search for salaries in other careers and locations in our salary database.
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City, State, Country or US Zip Code
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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Estimated Salary in 2028:
$120,158 (USD)
5 Year Change:
21 %
Based on our compensation data, the estimated salary potential for Regional Bank Manager will increase 21 % over 5 years.
Directs activities
100%
Heads staff
100%
Assigns responsibility
67%
Develops plans
67%
Develops reports
67%
This chart displays the highest level of education for:
Regional Bank Manager, the majority at 40% with bachelors.
See how education can impact your salary
-
Boston
11.5 % -
Los Angeles
11.
7 %
-
New York-Manhattan
18.5 % -
Iowa
7.4 % -
Pennsylvania
1. 4 %
-
California
10.5 %
7 %
4 %
-
Bahamas
74.9 % -
India
246. 3 %
-
Japan
91.5 % -
Switzerland
9.8 % -
United States
0 %
3 %
the United States
Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living Page
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world’s third-largest…
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Quickly search for salaries in other careers and locations in our salary database.
Job Title
City, State, Country or US Zip Code
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Directs activities
100%
Heads staff
100%
Assigns responsibility
67%
Develops plans
67%
Develops reports
67%
See how skills can impact your salary
-
Boston
11. 5 %
-
Los Angeles
11.7 % -
New York-Manhattan
18.5 % -
Iowa
7. 4 %
-
Pennsylvania
1.4 % -
California
10.5 %
5 %
4 %
-
Bahamas
74. 9 %
-
India
246.3 % -
Japan
91.5 % -
Switzerland
9. 8 %
-
United States
0 %
9 %
8 %
Learn About Our Products
SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
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Profession: Bank Manager and Financial Services – description, salary and where to learn
(Betriebswirt/in (Hochschule) – Bank und Finanzdienstl)
-
Type
Profession after diploma
-
Specialty
Management / Administration, Finance
nine0011
-
Salary
4509-5073 € per month
Bank and financial services managers plan, organize and control the business activities of a bank or financial services company.
Share:
Responsibilities of a Bank and Finance Manager
Bank and finance managers support economic decision-making processes in various functional areas. They create analyzes and concepts, implement projects and monitor the success of their proposals. nine0010
They analyze and develop market-oriented products and services for clients of credit institutions such as banks, clearing houses, savings banks or building societies and financial services companies, as well as financial investment advice. Once the concepts are agreed and approved, the bank or financial services managers implement them, monitor their success and, if necessary, adapt them to the changed circumstances in product management. Managers ensure that all business processes are optimally supported by information and communication technology. They also attract and advise private and corporate clients. To do this, they analyze their individual economic situation and develop investment and financing concepts tailored to their needs.
They conduct risk analysis or ratings as well as credit checks. In the treasury, they keep track of the financial situation and control financial transactions such as financial investments or loans. nine0010
Where Bank and Financial Services Managers Work
Bank and Financial Services Managers Find Jobs First
- Banks and Credit Institutions
- in financial companies
They also find work
- in management consulting
- in tax consulting and audit companies
Salary of a Bank and Financial Services Manager
The salary level received by Bank and Financial Services Managers in Germany is
- from €4509 to €5073 per month
(according to various statistical and employment offices in Germany)
Tasks and Responsibilities of a Bank and Finance Manager in Detail
What is the Profession of a Bank and Finance Manager
Bank and finance managers plan, organize and control the business activities of a bank or financial services company.
nine0010
Bank and finance managers in preparation for decisions
If, for example, new laws come into force that affect taxes and duties, bank and finance managers investigate whether product adjustments are economically viable or necessary in terms of content. They develop a new investment product, an updated tax-saving model, or an innovative financing concept, and test which clients, such as companies and high-net-worth individuals, can be reached with their help. They also check whether the services offered are in line with the market. They carefully collect the current status, for example based on customer surveys, and describe the initial situation. Bank and finance managers assess the potential of technical developments in the context of e-banking, develop creative ideas for customer loyalty programs, and analyze competitors’ product and service offerings. nine0010
Supervision and control of business processes
Banking and financial services managers ensure the smooth operation of business processes in the customer-oriented area as well as in the administration area.
If they are looking for an investment or financial product, they use metrics to track how well it is marketed. Managers create promotional materials and implement marketing activities, provide information materials to service providers, and improve the product based on market feedback. Together with IT and graphics specialists, bank and finance managers develop information and communication technologies that support all business processes. nine0010
Because banks and financial service providers must adhere to strict laws and guidelines—from risk protection for deposits to accounting rules and regulations in international payment transactions—managers perform administrative and supervisory functions. For example, they identify and assess the risks of banking or corporate activities and take measures to minimize them or optimize income.
Client advisory
In the client-oriented area, bank and finance managers take care of important clients or complex system concepts. They may also specialize in a particular area, such as private or corporate client support, real estate and equity trading, investment or financing advice, portfolio management, rating analysis or risk management.
They contact private or corporate clients in the office or in the field and try to convince them of the benefits of their products. Depending on the principles of corporate policy established by management or the board of directors, they purposefully address specific groups of clients, position their company in the bancassurance business, or specialize in certain niches. In retail business, they inform clients about funding models, options for investing money and capital, or debt restructuring programs, which they tailor to the client’s individual situation. In the corporate clients business, they also work on restructuring concepts, they assess the ability of companies to restructure, analyze and evaluate loan documents, existing restructuring agreements and balance sheets. Finally, managers of banks and financial services, together with the customer, develop solutions and prepare draft solutions. To ensure that a potential business entails only an acceptable level of risk for the company, they always carry out prescribed risk analysis or ratings, as well as credit checks.
nine0010
Various areas of activity of bank and financial managers
In addition to specialized tasks, managers also take on managerial activities. They are responsible for a banking or financial unit, such as a real estate fund or direct banking business, for a project or for an administrative area. In addition, they may work as management consultants for banks and financial service providers. They are also tasked with conducting foreign business on behalf of clients or at the expense of a bank, they conduct transactions in securities, foreign exchange or precious metals, or advise companies on the issues of listing. As treasurers, managers undertake the acquisition and management of capital, formulate medium-term financial plans, and protect the company from financial risks. The purpose of their work is to ensure the profitability and liquidity of the company. nine0010
Statistics
Sign up for a consultation on admission to a university in Germany by profession
Manager of the Bank and Financial Services
Examples of highly paid vacancies for the Manager of the Bank and Financial Services in German companies
Current vacancies of the Manager of the Bank and Financial Services: //www.
gehalt.de/einkommen/suche/bank+und+finanzdienstl
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Original title:
Betriebswirt/in (Hochschule) – Rechnungswesen u. Controlling
Type:
Profession after diploma
Salary:
4604-5581 € per month
Accounting and control managers coordinate and organize financial and accounting, as well as the concepts of control and approval of financial decisions.
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Forschungsreferent/in
9000 support researchers in their work.
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|
COUNTRY nine0192 |
Every employed person on the world should know this website. It is translated into 35 languages. The average salary for Bank Manager / Russia is 3,024,868 RUB per year. The most typical income is 1,014,475 RUB . All data are based on salary surveys 6 . The wages of men and women are different. Men receive an average salary of 4,105,642 RUB . Women receive a salary of 1,539,616 RUB . People with a bachelor’s degree with a salary of 9 receive the highest salaries in terms of educational attainment0064 3,431,314 RUB . Second highest level of education – Master’s degree with salary 3,001,654 RUB . Different experience also affects earnings. People with 4-8 years of experience receive a salary of 6,015,244 RUB .
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Employees with 12-16 years of experience receive 4,457,725 RUB . 
67%
67%
67%
33% 
699 USD
