Bank Manager Salary in London
Official ONS earnings for London, covering 137,000 jobs.
Median salary — London
£107,433
gross, per year
▲ 8.6% change on the previous year
Mean
£177,813
Jobs measured
137,000
What most bank managers actually earn
Half of bank managers in London earn between £64,817 and £148,127. Earning above £148,127 puts you in the top quarter of the profession.
ONS suppresses the detailed spread for this occupation at regional level, so this range describes the wider “Functional Managers and Directors” group in London.
The full pay range
Each bar is the salary at that percentile — the 25th means a quarter of bank managers earn less than this.
Where this figure comes from
- ONS occupation group
- Financial managers and directors
- SOC 2020 code
- 1131
- Measure
- Gross annual pay, all employees
- Edition
- ONS Annual Survey of Hours and Earnings, 2025 provisional
ONS doesn't measure “bank manager” as its own category. These figures are for the wider group “Financial managers and directors”, which includes this role alongside others.
Source: Office for National Statistics, Annual Survey of Hours and Earnings. Contains public sector information licensed under the Open Government Licence v3.0. Figures are estimates from a survey of PAYE jobs and are not financial advice.
Bank Manager salary FAQs
What is the average Bank Manager salary in London?
The median is £107,433 a year and the mean is £177,813, according to the ONS Annual Survey of Hours and Earnings.
What is a good Bank Manager salary?
Half of bank managers earn between £64,817 and £148,127. Anything above £148,127 is in the top quarter for the role.
Is this figure official?
Yes. It comes from the ONS Annual Survey of Hours and Earnings, an accredited official statistic based on employer PAYE records, covering 137,000 jobs in this occupation.
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