{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-000496","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2022-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.541226+00:00","generated_at":"2026-06-26T03:03:56.883304+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"First BanCorp Q1 2022 net income $82.6M ($0.41 EPS); new $350M buyback, 20% dividend increase","bullets":["Net income $82.6M ($0.41 diluted EPS) vs Q4 2021 $73.6M ($0.35); pre-tax pre-provision income record $111.8M.","Net interest margin expanded to 3.81% from 3.61% on lower MBS premium amortization and reduced long-term debt.","Loan growth inflection: total loans $11.1B (+$29.8M QoQ); commercial/construction ex-PPP up $91M, consumer up $88M.","Board approved $350M stock repurchase program over next 4 quarters; quarterly dividend increased 20% to $0.12/share.","Non-performing assets declined to $156.5M; annualized net charge-offs 0.24% (vs 0.26% prior quarter)."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-000496","json":"https://secwatch.observer/filing/0001157523-22-000496.json","markdown":"https://secwatch.observer/filing/0001157523-22-000496.md","text":"https://secwatch.observer/filing/0001157523-22-000496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000115752322000496/0001157523-22-000496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000115752322000496/a52700160.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T03:03:56.883304+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}