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Jupai : Reports First Quarter 2021 Results (Form 6-K)


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In the first quarter 2021, we were pleased to see the gradual recovery of investment sentiment among high net worth individuals in China, said Mr. Jianda Ni, Jupai s chairman of the board and chief executive officer. Jupai s total aggregate value of wealth management products distributed increased to RMB 1.87 billion in the first quarter from RMB 1.16 billion in the fourth quarter of 2020 as we continued to improve client experience and develop our product portfolio in line with our Asset Transparency System strategy. We remain optimistic in the company and the long term prospects of China s wealth management industry.
Ms. Min Liu, Jupai s chief financial officer, said, Jupai continued to improve business performance and profitability. Net profit attributable to ordinary shareholders increased nearly 100% and total number of active clients also resumed growth, increasing 33% compared to the fourth quarter last year. Jupai will continue to imple ....

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BancorpSouth Announces Fourth Quarter 2020 and Annual Financial Results


BancorpSouth Announces Fourth Quarter 2020 and Annual Financial Results
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TUPELO, Miss., Jan. 25, 2021 /PRNewswire/  BancorpSouth Bank (NYSE: BXS) (the Company ) today announced financial results for the quarter and year ended December 31, 2020.
Annual highlights for 2020 included:
Achieved net income available to common shareholders of $218.6 million, or $2.12 per diluted common share, and net operating income available to common shareholders – excluding mortgage servicing rights ( MSR ) – of $237.3 million, or $2.30 per diluted common share.
Recorded provision for credit losses of $86.0 million associated primarily with economic deterioration associated with the COVID-19 pandemic while net charge-offs totaled 0.18 percent of average loans and leases, 0.14 percent of which was related to previously acquired loans; adopted Accounting Standards Update 2016-13 Financial Instruments – Credit L ....

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