The expansion plan is a significant strategic move for Chase, indicating a strong commitment to growth and community support. By entering new markets and underserved areas, Chase is likely to see an increase in customer base and deposits, which can positively impact its financial performance. The emphasis on local hiring and economic contributions through construction and community investments further strengthens the bank's ties to the communities it serves, potentially enhancing its reputation and customer loyalty. The overall impact on JPM's stock is likely positive in the short term, as investors may view this expansion as a sign of strength and a driver of future revenue growth.