JPMorgan Chase & Co. deserves some credit for passing on a chunk of savings garnered from U.S. tax cuts to its employees and the community.

But drilling into its January 23rd announcement, a serious portion of the bank's "$20 billion, five-year comprehensive investment" can be simply attributed to business as usual.

Among the initiatives being touted by the Jamie Dimon-led bank is an expansion of its branch network by adding 400 locations in five years in new markets such as Washington, Boston, and Philadelphia. That may sound like a lot, but it fits with the bank's recent strategy of building new branches in specific regions where it has identified opportunities or isn't yet represented.

JPMorgan's pledge to increase lending to small business clients by $4 billion over three years appears to be a path that it embarked on a while ago, in the pursuit of loan growth.

The same goes for its planned effort to bolster lending for affordable housing, where JPMorgan is stretching itself only slightly. The bank is targeting a 25 percent increase over the next five years, shooting for a total of $50 billion, or an increase of $10 billion. But considering that its 2017 outlay of $10.4 billion represents a 20 percent increase from the prior year, the bank is evidently well on its way.

Read the full article on JPMorgan by Gillian Tan at Bloomberg