How much does a Commercial Credit Analyst make?
Commercial credit analysts play a key role in assessing the creditworthiness of businesses. They analyze financial data to help companies decide whether to lend money to other firms. A commercial credit analyst’s salary can vary based on experience and location. In many areas, the average yearly salary for this job is around $98,895. This role often offers good earning potential, with seasoned analysts making significantly more.
The salary of a commercial credit analyst can grow with experience. Entry-level analysts might earn closer to the lower end of the salary range, around $50,754. As professionals gain experience, they can see their salary increase. Experienced analysts can earn over $100,000 per year. Factors like industry sector, company size, and geographic location can also influence earnings. Major cities and financial hubs often offer higher salaries. Analysts working for large financial institutions may also see higher compensation packages.
What are the highest paying cities for a Commercial Credit Analyst?

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Los Angeles, CA
Average Salary: $178,758
In Los Angeles, you'll find opportunities in diverse industries, from entertainment to tech. The fast-paced environment demands quick and accurate credit assessments to support major companies. Being part of a leading market, you'll work with big names that need reliable financial analysis.
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Boston, MA
Average Salary: $149,705
Boston's rich business landscape offers many roles in finance, healthcare, and education. As a credit analyst here, you will support various sectors with robust credit evaluations. Working for top firms, you'll ensure financial health and stability.
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Chicago, IL
Average Salary: $121,778
Chicago's economy thrives on finance, manufacturing, and trade. As a credit analyst, you’ll engage with large corporations needing precise financial assessments. The city's diverse economy provides many opportunities to apply your skills in varied industries.
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Buffalo, NY
Average Salary: $121,301
Buffalo has a dynamic business environment, with strengths in manufacturing and healthcare. Here, you’ll assess credit risks for companies in key industries. Working in a city known for resilience, you’ll contribute to the stability and growth of local businesses.
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Baltimore, MD
Average Salary: $113,279
Baltimore offers a mix of maritime, legal, and healthcare sectors. As a credit analyst, you'll provide crucial financial insights to businesses in these areas. The city’s strong economic base gives you a solid platform for analyzing and ensuring creditworthiness.
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Charlotte, NC
Average Salary: $112,004
Charlotte is known as a financial hub, with many banking and finance companies. Here, you’ll evaluate credit risks for major institutions. The city's focus on finance makes it an ideal place to enhance your credit analysis skills in a dynamic environment.
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Denver, CO
Average Salary: $103,744
Denver’s growing tech and tourism sectors offer many opportunities. As a credit analyst, you’ll support startups and established companies with vital financial assessments. The city’s vibrant economy lets you apply your skills in various industries.
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Atlanta, GA
Average Salary: $101,817
Atlanta is a key player in logistics and technology. Working here, you’ll assess credit risks for a diverse range of businesses. The city’s rapid growth provides a stimulating environment for credit analysis, supporting many thriving companies.
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Tampa, FL
Average Salary: $95,359
Tampa’s economy thrives on tourism, healthcare, and shipping. As a credit analyst, you'll help businesses in these sectors maintain financial health. The city’s diverse economic activities offer many opportunities to apply your expertise in credit assessment.
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What are the best companies a Commercial Credit Analyst can work for?

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City National Bank
Average Salary: $196,548
City National Bank is well-known for offering competitive salaries to its Commercial Credit Analysts. These professionals work in various locations across the United States, including California, Nevada, and Florida. They focus on evaluating the creditworthiness of commercial clients, assessing financial risks, and helping businesses secure the financing they need.
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Columbia Bank New Jersey
Average Salary: $142,418
Columbia Bank New Jersey provides attractive compensation packages for Commercial Credit Analysts. These professionals often work in New Jersey and the surrounding areas. They analyze financial data, prepare credit reports, and provide recommendations to help businesses grow. The bank values skilled analysts who can navigate complex financial landscapes.
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M&T Bank
Average Salary: $120,871
M&T Bank offers a solid salary for Commercial Credit Analysts. These analysts work in regions like New York, Maryland, and Pennsylvania. They review business credit applications, assess financial statements, and ensure that companies have the credit they need to thrive. M&T Bank's team of analysts plays a crucial role in supporting businesses.
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Altius Search Group
Average Salary: $109,958
Altius Search Group provides competitive pay for Commercial Credit Analysts. They work in various locations across the country. The company focuses on helping businesses find the right financing. Analysts here evaluate credit applications, conduct risk assessments, and contribute to the success of commercial clients.
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BMI FINANCIAL GROUP, INC.
Average Salary: $67,692
BMI FINANCIAL GROUP, INC. offers a solid salary for Commercial Credit Analysts. They operate in several states, including Illinois and Indiana. The company specializes in providing financial solutions to businesses. Analysts here evaluate credit applications, assess financial health, and ensure clients have access to necessary funding.
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United Community
Average Salary: $55,130
United Community provides a fair salary for Commercial Credit Analysts. They work in areas like New Jersey and Pennsylvania. The company focuses on community banking and supporting local businesses. Analysts here review credit applications, assess financial risks, and help businesses secure credit to achieve their goals.
How to earn more as a Commercial Credit Analyst?
A Commercial Credit Analyst can increase their earnings through several strategic actions. Gaining more experience and specialized skills can lead to higher-paying positions. Seeking additional certifications in credit analysis or finance can improve job prospects and salary. Networking with industry professionals also opens up more job opportunities and potential salary increases.
Improving communication and analytical skills helps a Commercial Credit Analyst make better assessments and decisions. Staying updated on market trends and financial regulations allows for more informed credit evaluations. Building a strong professional reputation leads to more trust and better-paying roles. Here are five factors to consider for earning more:
- Professional Certifications: Earning recognized certifications enhances credibility and skills.
- Networking: Connecting with other professionals can lead to new opportunities.
- Advanced Skills: Learning new tools and techniques can improve job performance.
- Experience: Gaining more years in the field usually leads to higher salaries.
- Staying Informed: Keeping up with industry trends can make you more valuable.



