JPMorgan is well positioned for raising rates, which will drive its net interest income. Further, JPMorgan intends to invest significantly in its credit card business and become more technologically focused to remain competitive amid growing customer needs. Notably, JPMorgan affirmed its long term-targets of cost-to-revenue ratio of 55% (despite continued investments in franchise), return on tangible common equity (ROTCE) of nearly 15% and net payout ratio of 55–75% (read more: What Lies Ahead for JPMorgan Amid Improving Economy? ). 2. Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported fourth-quarter 2016 earnings of $43.7 billion, up 7.7% year over year. Notably, community banks, constituting 93% of all FDIC-insured institutions, reported net income of $5.3 billion, up 10.5% year over year. Banks' earnings were driven by higher revenues, loan growth and lower loan-loss provisions.