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January 1 st – June 30 th , 2017 American Banks Social Media Report

Social Media Report - American Banks 1st January - 30th June, 2017

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Page 1: Social Media Report - American Banks 1st January - 30th June, 2017

January 1st – June 30th, 2017

American BanksSocial Media Report

Page 2: Social Media Report - American Banks 1st January - 30th June, 2017

Table of Contents• Industry Insights

• Leaderboard

• Share of Voice Snapshot

• Audience Size

• Facebook Posts vs. Engagement

• Tweets vs. Engagement

• Instagram Posts vs. Engagement

• LinkedIn Posts vs. Engagement

• Likes and Comments

• Facebook – Reach and Impressions

• Facebook – Organic and Promoted Posts

• Facebook and Twitter Campaigns

• Instagram Hashtags

• Timing Analysis

• Customer Service (Reply Time and Response Rate)

• Most Engaging Content

• Key Takeaways

Brands analyzed in this report include: Bank of America, Bank of the West, BB&T, BBVA Compass, BMO Harris Bank,

Capital One, Chase, Citibank, Citizens Bank, Comerica Bank, Fifth Third Bank, Huntington Bank, Key Bank, M&T Bank,

PNC, Regions Bank, Santander Bank, SunTrust, TD Bank, U.S. Bank, Umpqua Bank, Union Bank, Wells Fargo.

Page 3: Social Media Report - American Banks 1st January - 30th June, 2017

Industry Insights

• With a growth rate of 28%, BB&T enjoyed the highest Fan Growth Rate among the brands analyzed on

Facebook.

• Taking just 43 mins 55 secs on average, TD Bank replies the fastest to Customers' Tweets.

• BBVA Compass published the most number of Posts (229) on Instagram.

• The average length of a YouTube video by a bank is 2 mins 15 secs.

• TD Bank had the highest number of updates (340) on LinkedIn.

Page 4: Social Media Report - American Banks 1st January - 30th June, 2017

Leaderboard

Network

Highest Audience Size

Capital One

(4,272,248)

Citibank

(893,520)

Chase

(37,456)

Citibank

(1,276,377)

Highest Growth

BB&T

(28.08%)

BB&T

(16.23%)

Chase

(31.52%)

Santander Bank

(20.23%)

Highest Engagement

BB&T

(827)

PNC

(895)

Citizens Bank

(887)

Citizens Bank

(448)

Page 5: Social Media Report - American Banks 1st January - 30th June, 2017

Share Of Voice Snapshot

Network

Most Number of Posts

BBVA Compass

(355)

Bank of the West

(761)

BBVA Compass

(228)

TD Bank

(346)

Most Number of Likes

Capital One

(288,749)

Citibank

(91,782)

Bank of America

(13,129)

Citibank

(33,429)

Most Number of

Comments

Bank of America

(13,778)

Capital One

(2,408)

Wells Fargo

(825)

Citibank

(511)

Page 6: Social Media Report - American Banks 1st January - 30th June, 2017

0.00M 1.00M 2.00M 3.00M 4.00M 5.00M

Citibank

Bank of America

Chase

Wells Fargo

Capital One

TD Bank

U.S. Bank

Regions Bank

Huntington Bank

PNC

Linkedin Instagram Twitter Facebook

Audience SizeCapital One had the largest audience size on Facebook (4,272,248) and Citibank had the most number of

followers on Twitter (893,520) and LinkedIn (1,276,377). Chase had the largest audience on Instagram (37,456).

Page 7: Social Media Report - American Banks 1st January - 30th June, 2017

0 100 200 300 400 500 600 700 800 900

BB&T

BMO Harris Bank

U.S. Bank

Citizens Bank

Fifth Third Bank

Santander Bank

Bank of the West

Key Bank

Umpqua Bank

Regions Bank

Number of Facebook Posts Engagement

Facebook Posts vs. EngagementBB&T had the highest engagement (827 out of 1,000) and published 94 Posts. Their most engaging Posts

revolved around holidays like New Year’s, St. Patrick’s Day, and the Fourth of July.

Page 8: Social Media Report - American Banks 1st January - 30th June, 2017

0 100 200 300 400 500 600 700 800

Fifth Third Bank

Capital One

Citizens Bank

Comerica Bank

SunTrust

Key Bank

Huntington Bank

U.S. Bank

Regions Bank

Number of Tweets Engagement

Tweets vs. EngagementFifth Third Bank published 134 Tweets and received an engagement of 753. The most engaging Tweet was

on the brand’s sponsorship of Ricky Stenhouse Jr. in the NASCAR Cup Series.

Page 9: Social Media Report - American Banks 1st January - 30th June, 2017

0 100 200 300 400 500 600 700 800 900 1,000

Citizens Bank

BMO Harris Bank

Wells Fargo

TD Bank

U.S. Bank

Citibank

Capital One

Chase

BBVA Compass

Bank of America

Number of Instagram Posts Engagement

Instagram Posts vs. EngagementCitizens Bank published 39 Posts and received an engagement of 887 out of 1,000 on Instagram.

The bank’s most engaging Post featured their baseball park situated in Philadelphia.

Page 10: Social Media Report - American Banks 1st January - 30th June, 2017

0 50 100 150 200 250 300 350 400 450 500

Citizens Bank

Key Bank

BB&T

Fifth Third Bank

SunTrust

PNC

U.S. Bank

Capital One

Regions Bank

Chase

Number of LinkedIn Posts Engagement

LinkedIn Posts vs. EngagementCitizens Bank, which published the least number of updates (4) had the highest engagement (448) on

LinkedIn. The most engaging Post was on the bank’s ground-breaking corporate campus in Johnston,

Rhode Island.

Page 11: Social Media Report - American Banks 1st January - 30th June, 2017

Total LikesCapital One had the most number of likes on Facebook (288,749). Citibank received the most number of

likes on Twitter (91,782) and LinkedIn (33,429). Bank of America had the most number of likes on

Instagram (13,129).

0 50,000 100,000 150,000 200,000 250,000 300,000 350,000

Bank of America

Chase

Citibank

Wells Fargo

BBVA Compass

Capital One

TD Bank

U.S. Bank

BB&T

Citizens Bank

LinkedIn Instagram Twitter Facebook

Page 12: Social Media Report - American Banks 1st January - 30th June, 2017

Total CommentsBank of America had the most number of comments on Facebook (13,778). Capital One received the most

number of comments on Twitter. Wells Fargo had the highest number of comments on Instagram (825) while

Citibank raked in the most number of comments on LinkedIn (511).

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Citibank

Wells Fargo

Bank of America

U.S. Bank

Fifth Third Bank

BB&T

Regions Bank

Chase

Capital One

Citizens Bank

LinkedIn Instagram Twitter Facebook

Page 13: Social Media Report - American Banks 1st January - 30th June, 2017

Facebook – Estimated Reach and ImpressionsCapital One had the highest estimated Reach and Impressions (15,763,755 and 26,156,710 respectively).

0.00M 5.00M 10.00M 15.00M 20.00M 25.00M 30.00M

Capital One

Bank of America

Citibank US

U.S. Bank

Fifth Third Bank

BB&T

Citizens Bank

Regions Bank

Chase

Santander Bank US

Estimated Reach Estimated Impressions

Page 14: Social Media Report - American Banks 1st January - 30th June, 2017

Facebook –Organic and Promoted PostsFifth Third Bank had the most number of Promoted Posts (77) while BBVA Compass had the most number of

Organic Posts (323).

0 50 100 150 200 250 300 350

Fifth Third Bank

Citibank US

BB&T

Capital One

Regions Bank

Bank of the West

U.S. Bank

BBVA Compass

Bank of America

Comerica Bank

Number of Organic Posts Number of Promoted Posts

Page 15: Social Media Report - American Banks 1st January - 30th June, 2017

Facebook CampaignsBank of America’s “#MLBmemorybank” campaign generated the most engagement (804) and had only 4

Posts. The campaign invited fans to share and celebrate their MLB memories.

0 200 400 600 800 1,000

#MLBmemorybank (Bank of America)

#BBTBallpark (BB&T)

#JamFest 2017 (Capital One)

It's time to refinance student loans (Citizens Bank)

#onUpMoment (SunTrust)

#PNCGrowUpGreat (PNC)

#53Babies (Fifth Third Bank)

#JoanneTour (Citibank US)

#Togetherisbeautiful (Wells Fargo)

#TDFBBT (TD)

Number of Facebook Posts Engagement

Page 16: Social Media Report - American Banks 1st January - 30th June, 2017

Twitter CampaignsCapital One’s “#SnackHoodieSweepstakes2017” brought in the highest engagement (926) even though the

brand used it only once. The brand launched a contest inviting their followers to tweet using the hashtag

#SnackHoodie in order to win a ‘Snack Hoodie’.

0 100 200 300 400 500 600 700 800 900 1,000

#SnackHoodie Sweepstakes 2017 (@CapitalOne)

#BravesAreBack (@SunTrust)

#StandWithUs (@fifththird)

#SecureYourself (@PNCBank)

#MLKDay 2017 (@citizensbank)

#CityAccelerator (@Citi)

#CarryTheLoad (@Chase)

#pickuphope (@bankofamerica)

#SpecialOlympics (@TDBank_US)

#DailyChangeApp (@WellsFargo)

Number of Tweets Engagement

Page 17: Social Media Report - American Banks 1st January - 30th June, 2017

Instagram HashtagsBBVA Compass posted the most using their hashtag #bbvacompass (193) while Santander Bank used their

#prosperandthrive hashtag 16 times.

0 50 100 150 200 250

bbvacompass (BBVA Compass)

bank (TD)

citivolunteers (Citi)

bettermoneyhabits (Bank Of America)

prosperandthrive (Santander Bank)

Number of Posts

Page 18: Social Media Report - American Banks 1st January - 30th June, 2017

Most Engaging Day of the Week Snapshot

Network

Bank of America Monday Friday Tuesday

Bank of the West Wednesday Sunday Thursday

BB&T Sunday Monday Monday

BBVA Compass Tuesday Thursday Wednesday

BMO Harris Bank Sunday Saturday Friday

Capital One Saturday Saturday Thursday

Chase Tuesday Tuesday Wednesday

Citibank Tuesday Saturday Sunday

Page 19: Social Media Report - American Banks 1st January - 30th June, 2017

Most Engaging Day of the Week Snapshot

Network

Citizens Bank Saturday Thursday Wednesday

Comerica Bank Sunday Saturday Wednesday

Fifth Third Bank Thursday Friday Tuesday

Huntington Bank Saturday Friday Thursday

Key Bank Tuesday Wednesday Friday

M&T Bank Monday Friday Friday

PNC Thursday Monday Wednesday

Regions Bank Saturday Wednesday Wednesday

Page 20: Social Media Report - American Banks 1st January - 30th June, 2017

Most Engaging Time of the Day Snapshot

Network

Bank of America 9 PM-10 PM 3 PM-6 PM 5 PM-6 PM

Bank of the West 12 PM-1 PM 6 PM-9 PM 12 AM-1 AM

BB&T 12 AM-1 AM 6 AM-9 AM 5 PM-6 PM

BBVA Compass 12 AM-1 AM 3 AM-6 AM 12 AM-1 AM

BMO Harris Bank 5 PM-6 PM 3 PM-6 PM 12 AM-1 AM

Capital One 9 PM-10 PM 9 PM-12 AM 12 AM-1 AM

Chase 9 PM-10 PM 3 PM-6 PM 12 AM-1 AM

Citibank 3 PM-4 PM 9 AM-12 PM 12 AM-1 AM

Page 21: Social Media Report - American Banks 1st January - 30th June, 2017

Most Engaging Time of the Day Snapshot

Network

Citizens Bank 8 PM-9 PM 6 AM-9 AM 12 AM-1 AM

Comerica Bank 9 PM-10 PM 12 PM-3 PM 12 AM-1 AM

Fifth Third Bank 11 AM-12 PM 6 AM-9 AM 12 AM-1 AM

Huntington Bank 5 PM-6 PM 6 PM-9 PM 12 AM-1 AM

Key Bank 1 PM-2 PM 3 PM-6 PM 12 AM-1 AM

M&T Bank 11 AM-12 PM 12 PM-3 PM 12 AM-1 AM

PNC 9 AM-10 AM 12 PM-3 PM 12 AM-1 AM

Regions Bank 10 AM-11 AM 12 PM-3 PM 12 AM-1 AM

Page 22: Social Media Report - American Banks 1st January - 30th June, 2017

Customer Service –Reply Time (in minutes)

TD had the fastest reply time on both Facebook (52 minutes) and Twitter (43 minutes).

0 500 1,000 1,500 2,000

TD Bank

BMO Harris Bank

M&T Bank

Chase

Citizens Bank

Huntington Bank

Bank of the West

BB&T

Umpqua Bank

Regions Bank

Reply Time on Twitter Reply Time on Facebook

Page 23: Social Media Report - American Banks 1st January - 30th June, 2017

Customer Service –Response RateWells Fargo had the best response rate on Facebook (93%). Umpqua Bank and Regions Bank responded to

the most user Tweets as a percentage (58%).

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Wells Fargo

Regions Bank

Fifth Third Bank

BMO Harris Bank

TD Bank

U.S. Bank

Santander Bank

BB&T

Umpqua Bank

Union Bank

Response Rate on Twitter Response Rate on Facebook

Page 24: Social Media Report - American Banks 1st January - 30th June, 2017

Most Engaging Facebook PostsKey Bank

Click here for Key Bank’s Post

For the fourth consecutive year, KeyBank is

recognized by Points of Light as one of the

50 most comm..

ENGMT. LIKES COMMENTS SHARES

1,000 6,487 99 283

Citizens Bank

Click here for Citizens Bank’s Post

3, 2, 1… Welcome Home!

Watch as Retired Staff Sergeant Shawn

Jones sees his home for the first tim..

BBVA Compass

Click here for BBVA Compass’ Post

Despite what others said, you stayed true

to who you are. You took a risk and seized

an opportunity...

ENGMT. LIKES COMMENTS SHARES

1,000 6,046 206 522

ENGMT. LIKES COMMENTS SHARES

1,000 5,572 398 564

Page 25: Social Media Report - American Banks 1st January - 30th June, 2017

Vote now! You could be entered to win

$100 while helping someone win

$25,000 to make their dreams c..

Click here for Citizens Bank’s Tweet

ENGMT. FAV. REPLIES RETWEETS

1,000 675 47 138

Most Engaging Tweets

We believe everyone deserves to live a

Fifth Third better. We proudly stand

with the LGBT community..

RT for a chance to win four tickets to see

@ElvisCostello at @SummerStage on

6/15! #contest https:/..

Click here for Fifth Third Bank’s Tweet

ENGMT. FAV. REPLIES RETWEETS

1,000 6,126 314 870

Click here for Capital One’s Tweet

ENGMT. FAV. REPLIES RETWEETS

1,000 469 24 1,093

Citizens Bank Fifth Third Bank Capital One

Page 26: Social Media Report - American Banks 1st January - 30th June, 2017

Wells Fargo has celebrated its history with

museums free and open to public

since the 1920s. San Fr..

Click here for Wells Fargo’s Post

ENGMT. LIKES COMMENTS FILTER

781 349 223 Normal

Most Engaging Instagram Posts

#Citi Center is the 1st building on Paulista

avenue, in Sao Paulo, Brazil & for Citi

in Latin Ameri..

Click here for Chase’s Post

ENGMT. LIKES COMMENTS FILTER

688 934 94 Normal

Click here for Citibank’s Post

ENGMT. LIKES COMMENTS FILTER

603 457 21 Normal

Wells Fargo Chase Citibank

Are you #TeamStephen or #TeamSerena

for the Battle of the Paddle? Two

great athletes. One epic matc..

Page 27: Social Media Report - American Banks 1st January - 30th June, 2017

We are excited to announce Patrick Jancsy

as the new Director of Citizens

Private Wealth Advisor Gr..

Click here for Citizens Bank’s Post

ENGMT. LIKES COMMENTS

915 225 39

Most Engaging LinkedIn Posts

Our President and COO Andy Cecere

(pictured) will succeed Richard Davis

as CEO on April 18, 2017. D..

Click here for U.S Bank’s Post

ENGMT. LIKES COMMENTS

913 1,110 19

Click here for U.S Bank’s Post

ENGMT. LIKES COMMENTS

832 948 23

Citizens Bank U.S. Bank U.S. Bank

Congratulations to our new CEO and

longtime U.S. Banker Andy Cecere.

Page 28: Social Media Report - American Banks 1st January - 30th June, 2017

Key Takeaways

• American banking brands received the best engagement on Facebook. This was 1.7x better than their

engagement on Twitter, 1.5x more than Instagram and 6x more than on LinkedIn.

• Banking brands promoted 29% of their Facebook Posts in the given time period.

• On Facebook, brands received the best engagement on Posts that centered around holidays and

occasions.

• On Twitter, Tweets centered around sports and contests received the best engagement.

Page 29: Social Media Report - American Banks 1st January - 30th June, 2017

Thank You

For more information, please contact us at [email protected].