H1B Visa Data for Commercial Banking : Top Employers, Top Jobs and Employees Trends

We now have Quarter 4 H1B visa FY 2023 data and Quarter 4 PERM visa FY 2023 data and Quarter 4 H2A visa FY 2023 data.
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Commercial Banking (NAICS code 522110) has an average growth rate of 0.48% as an H1B industry with 41,080 employees hired as of 2024

Top Commercial Banking Employers

Company	Employees	Average Wage
Bank Of America N.a.	8,155	$92,700
State Street Bank And Trust Company	2,114	$104,310
Hsbc Bank Usa, N.a.	1,366	$91,917
Bofa Securities, Inc.	1,310	$110,864
Mufg Union Bank, N.a.	1,274	$109,508
Capital One, National Association	1,121	$84,214
Capital One Services Ii Llc	1,091	$80,465
U.s. Bank National Association	876	$108,486
Truist Bank	748	$101,626
The Northern Trust Company	636	$98,440

Top Commercial Banking Jobs

Job Title	Number of Jobs	Average Wage
Software Developers, Applications	9,840	$104,571
Financial Analysts	4,224	$93,945
Operations Research Analysts	2,917	$70,784
Computer Systems Analysts	1,834	$88,508
Statisticians	1,381	$80,817
Credit Analysts	1,352	$69,396
Computer Occupations, All Other	1,103	$87,939
Software Developers, Systems Software	968	$111,313
Financial Specialists, All Other	893	$72,823
Financial Quantitative Analysts	616	$89,057

Employees Over Time vs Average Salary Over Time

The Commercial Banking industry has been in the H1B Visa program since 2011 where 1,689 employees were hired. They peaked in 2022 with 4,609 employees, and have since been on a decline with the most recent number of employees being 4,022 in 2023.

The Commercial Banking industry has been in the H1B Visa program since 2011 where the average salary was $73,754. The industry peaked in 2023 with an average salary of $116,558, and the recent trend shows the average salary on an incline.