Industries - Commercial Banking

We now have Quarter 3 H1B visa FY 2022 data and Quarter 3 PERM visa FY 2022 data.

Commercial Banking (NAICS code 522110) has an average growth rate of 0.86% as an H1B industry with 43,012 employees hired as of 2022

Top Commercial Banking Employers

Company	Employees	Average Wage
Bank Of America N.a.	9,149	$94,023
State Street Bank And Trust Company	2,582	$104,322
Mufg Union Bank N.a.	1,641	$110,291
Hsbc Bank Usa, N.a.	1,405	$92,209
Bofa Securities, Inc.	1,402	$113,866
U.s. Bank National Association	1,378	$108,412
Capital One, National Association	1,306	$85,409
Capital One Services Ii Llc	1,265	$80,890
Truist Bank	1,040	$102,580
The Northern Trust Company	886	$99,691

Top Commercial Banking Jobs

Job Title	Number of Jobs	Average Wage
Software Developers, Applications	12,484	$106,144
Financial Analysts	4,500	$93,105
Operations Research Analysts	3,196	$70,902
Computer Systems Analysts	2,161	$89,865
Statisticians	1,579	$81,259
Credit Analysts	1,432	$69,418
Computer Occupations, All Other	1,291	$89,651
Software Developers, Systems Software	1,193	$112,540
Financial Specialists, All Other	976	$73,741
Financial Managers	657	$151,825

Employees Over Time vs Average Salary Over Time

The Commercial Banking industry has been in the H1B Visa program since 2011 where 1,849 employees were hired. They peaked in 2021 with 6,549 employees, and have since been on a decline with the most recent number of employees being 6,538 in 2022.

The Commercial Banking industry has been in the H1B Visa program since 2011 where the average salary was $73,929. The industry peaked in 2022 with an average salary of $110,517, and the recent trend shows the average salary on an incline.