Bank of America H1B Sponsorship 2026

Bank of America is one of the largest banking sector H1B sponsors, filing over 1,200 petitions annually for technology, data engineering, and cybersecurity roles. With 62% at L3 or L4 and a median wage of $128,000, Bank of America's lottery profile is competitive for a large bank, though compensation lags behind tech-sector peers by $30,000–$50,000 for comparable roles.

1,234
FY2024 Filings
85.6%
Approval Rate
$128,000
Median Wage
62%
L3/L4 Filings

Prevailing Wage Level Distribution

Under the FY2021 rule, USCIS selects H1B registrants by wage tier first. Level III and Level IV petitions are prioritized. Bank of America's filing mix shows 62% at L3 or L4 — giving candidates significantly above-average lottery odds.

Level I
16%
Level II
22%
Level III
37%
Level IV
25%

5-Year Filing Trend

$112K
FY2020
$116K
FY2021
$120K
FY2022
$124K
FY2023
$128K
FY2024

Bar height = filing volume. Number above bar = average approved wage for that year. Source: DOL LCA database.

Top H1B Job Titles at Bank of America

Job TitleAvg Wage
Software Engineer$128,000
Senior Software Engineer$148,000
Data Engineer$132,000
Business Systems Analyst$118,000
Cloud Engineer$134,000
Cybersecurity Analyst$125,000

Source: DOL H-1B LCA disclosure data, FY2024. Filings count and wages are from approved LCAs.

Geographic Distribution

StateShare
North Carolina24%
New York22%
New Jersey14%
Texas12%
Delaware8%
Connecticut6%
Other14%

Frequently Asked Questions

Bank of America H1B Quick Facts

Industry
Retail & Investment Banking
Headquarters
Charlotte, NC
FY2024 Filings
1,234
Approval Rate
85.6%
Median Wage
$128,000
L3/L4 Rate
62%

Lottery Odds Context

With 62% of filings at L3/L4, Bank of America candidates have estimated 43–61% lottery selection odds under USCIS's wage-based selection system — compared to 15–28% for L1–L2 filers at IT services firms.

New to H1B Sponsorship?

Our complete guide covers the entire process — from finding sponsors to lottery strategy to green card timelines.

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