In the last five years the number of women in senior level management positions at large commercial banks increased slightly, but there’s still a long way to go.

According to the Women at the Top Study released Wednesday, women hold 91 out of 523, or 17.4%, of positions at the top 50 banks in the nation, and only eight women hold C-level positions (three are chief operating officers, four are chief financial officers and one is a chief administrative officer). This is an improvement from the 2005 study that found women held just 12.6% of executive level positions, a gain of 4.8% in the last five years. The top 50 banks are those with total assets of over $1 billion. The banks in the study ranged in size from $12.2 billion to $1.7 trillion in assets.

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