{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-021197","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.079105+00:00","generated_at":"2026-06-03T11:15:12.619432+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First BanCorp reports Q1 2024 net income of $73.5M, EPS $0.44","bullets":["Net income $73.5M ($0.44 diluted EPS) vs $79.5M ($0.46) in Q4 2023 and $70.7M ($0.39) in Q1 2023.","Net interest income $196.5M, NIM 4.16%; provision for credit losses $12.2M down from $18.8M prior quarter.","Loan portfolio grew for ninth consecutive quarter; core deposit balances stabilized.","Efficiency ratio improved to 52.46% from 54.98% in Q4 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-021197","json":"https://secwatch.observer/filing/0001140361-24-021197.json","markdown":"https://secwatch.observer/filing/0001140361-24-021197.md","text":"https://secwatch.observer/filing/0001140361-24-021197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000114036124021197/0001140361-24-021197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000114036124021197/ef20027430_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:15:12.619432+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d05cdac0e9c5eec568345bf35b972f449149a30","claim":"FIRST BANCORP /PR/ reported the quarter ended March 31, 2024 results: net income $73.5 million, or $0.44 per diluted share.","evidence_excerpt":"On April 23, 2024, First BanCorp. (the “Corporation”), the bank holding company for FirstBank Puerto Rico (“FirstBank” or the “Bank”), issued a press release announcing its unaudited results of operations for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057706/000114036124021197/0001140361-24-021197-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$73.5 million, or $0.44 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}