How many employees work at Coronation Merchant Bank?
Coronation Merchant Bank Ltd. has approximately 335 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Coronation Merchant Bank’s total headcount has declined 3.0% from 346 employees in 2023 to 335 in 2026.
Is Coronation Merchant Bank hiring right now?
Yes, Coronation Merchant Bank is actively hiring. Coronation Merchant Bank had 5 active job postings in 2026, a 200.0% increase from 2025 — see job openings & hiring trends.
About Coronation Merchant Bank’s Workforce
Coronation Merchant Bank Ltd. is a Financial Services company that employs 335 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1993, the company is headquartered in Lagos, Nigeria.
Coronation Merchant Bank's workforce has declined 3.0% from 2023 to 2026, down 1.6% year over year in 2026. It fell to a low of 327 in 2025 Q1 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (98.0%), followed by Northern Europe (1.3%) and North America (0.7%).
Coronation Merchant Bank's functional groups are Finance and Operations (52.7%), Engineering (25.4%), and Sales and Marketing (21.9%), with Sales and Marketing growing fastest (up 0.8%). The average salary is $14,973, ranging from a median of $58,000 in Northern Europe to $10,000 in Sub-Saharan Africa, down 0.5% year over year in 2026.
Coronation Merchant Bank's active job postings rose 200.0% in 2026 to 5, with new postings per month climbing from 0 in 2023 to 2 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Lagos, Nigeria
- Founded
- 1993
- Industry
- Financial Services
- Employees
- 335
- YoY
- -1.6% (+8)
As of March 2026
Coronation Merchant Bank workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Coronation Merchant Bank. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsCoronation Merchant Bank Annual Employee Count (2023-2026)
- Coronation Merchant Bank had 335 employees in 2026, a 1.6% decline (+8) from 2025.
- Coronation Merchant Bank had 335 employees in 2025, a 3.0% decline (+7) from 2024.
- Coronation Merchant Bank had 328 employees in 2024, a 0.6% increase (-13) from 2023.
- Coronation Merchant Bank had 341 employees in 2023, a 1.9% increase (+1) from 2022.
Coronation Merchant Bank's total workforce has grown from 327 employees in 2025 to 335 in 2026. Coronation Merchant Bank's headcount peaked at 355 in 2023 before declining in 2025 and recovering through 2026.
Coronation Merchant Bank Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 335 | +8 | -1.6% |
| 2025 | Q4 | 335 | +7 | -3.0% |
| 2025 | Q3 | 330 | -20 | -6.6% |
| 2025 | Q2 | 341 | +2 | -3.6% |
| 2025 | Q1 | 327 | -14 | -2.2% |
| 2024 | Q4 | 328 | -13 | +0.6% |
| 2024 | Q3 | 350 | -5 | +1.8% |
| 2024 | Q2 | 339 | -7 | +2.3% |
| 2024 | Q1 | 341 | -11 | -0.8% |
| 2023 | Q4 | 341 | +1 | +1.9% |
| 2023 | Q3 | 355 | +30 | +6.4% |
| 2023 | Q2 | 346 | +21 | +3.1% |
See Coronation Merchant Bank's complete headcount history, including quarterly breakdowns.
Get the DataCoronation Merchant Bank Employee Count by Region (2026)
Sub-Saharan Africa accounts for the largest share of Coronation Merchant Bank's global workforce with approximately 98% of total employees, followed by Northern Europe and North America.
Coronation Merchant Bank employees by region
| Region | Employees | % of Total |
|---|---|---|
| Sub-Saharan Africa | 326 | 98.0% |
| Northern Europe | 4 | 1.3% |
| North America | 2 | 0.7% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataCoronation Merchant Bank Employee Count by Department (2026)
Coronation Merchant Bank's employee groups are Finance and Operations (52.7%), Engineering (25.4%), and Sales and Marketing (21.9%).
Coronation Merchant Bank employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 176 | 52.7% |
| Engineering | 85 | 25.4% |
| Sales and Marketing | 73 | 21.9% |
Compare Coronation Merchant Bank's department mix to industry peers.
See Full DataCoronation Merchant Bank Employee Salary by Region (2026)
Coronation Merchant Bank's average employee salary is $14,973 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 3.9x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $10,000.
Coronation Merchant Bank median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $58,000 |
| Sub-Saharan Africa | $10,000 |
Unlock salary by role, level, and city — and compare to Coronation Merchant Bank's industry peers.
Unlock Salary DataCoronation Merchant Bank Job Openings and Hiring Trends (2023-2026)
- Coronation Merchant Bank had 5 active job postings in 2026, a 200.0% increase (+1) from 2025.
- Coronation Merchant Bank had 4 active job postings in 2025, a 200.0% increase (+4) from 2024.
- Coronation Merchant Bank had 0 active job postings in 2024, a 0% no change from 2023.
- Coronation Merchant Bank had 0 active job postings in 2023, a 200.0% decline from 2022.
- Hiring velocity in 2026: 2 new roles/month, up from 1 in 2025 and 0 in 2024.
Coronation Merchant Bank's hiring is accelerating: active job postings rose 200.0% in 2026 to 5, with new postings per month climbing from 0 in 2023 to 2 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataCoronation Merchant Bank Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Coronation Merchant Bank's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
Similar Financial Services Companies by Employee Count
Frequently Asked Questions About Coronation Merchant Bank
- How fast is Coronation Merchant Bank growing?
- In 2026, Coronation Merchant Bank's headcount shrank 1.6% to 335 employees, up from 327 in 2025.
- See the full headcount history
- Where are Coronation Merchant Bank employees located?
- Most Coronation Merchant Bank employees are based in Sub-Saharan Africa (98.0% of headcount), followed by Northern Europe and North America.
- Explore where the workforce is based
- What is the average salary at Coronation Merchant Bank?
- The average employee salary at Coronation Merchant Bank is approximately $15k per year.
- Analyze the salary distribution
- How many new job postings does Coronation Merchant Bank open per year?
- In Q1 2026, Coronation Merchant Bank opened 6 new job postings. In 2025, Coronation Merchant Bank opened 6 new job postings — about 1 per month.
- Track hiring trends by role
- When was Coronation Merchant Bank founded and where is it headquartered?
- Coronation Merchant Bank was founded in 1993 and is headquartered in Lagos, Nigeria.
- Compare Coronation Merchant Bank to industry peers
Speak with a workforce expert about Coronation Merchant Bank.
Book a DemoSee something that doesn't look right? Reach out and our team will review it.