{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000604","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.799115+00:00","generated_at":"2026-06-16T15:22:06.742646+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First BanCorp Q1 net income $70.7M ($0.39 EPS); net interest margin 4.34%; pauses share buybacks","bullets":["Net income $70.7M ($0.39 diluted EPS) vs $73.2M ($0.40) in Q4 2022 and $82.6M ($0.41) in Q1 2022.","Net interest income $200.9M, down $4.7M QoQ; net interest margin 4.34% vs 4.37%.","Total loans grew $28M to $11.6B; core deposits (ex-brokered/govt) fell $142.7M to $13.1B.","Borrowings increased $347.8M to $1.3B as precautionary liquidity measure; core liquidity $3.2B (16.77% of assets).","Repurchased $50M in shares in Q1; raised quarterly dividend to $0.14/share; paused buybacks in Q2, expects to resume H2 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000604","json":"https://secwatch.observer/filing/0001157523-23-000604.json","markdown":"https://secwatch.observer/filing/0001157523-23-000604.md","text":"https://secwatch.observer/filing/0001157523-23-000604.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000115752323000604/0001157523-23-000604-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000115752323000604/a53386980.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T15:22:06.742646+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":"edf7e605a4e0e89dd010719ce550f082804c8259","claim":"FIRST BANCORP /PR/ reported the quarter ended March 31, 2023 results: net income $70.7 million, EPS $0.39 per diluted share.","evidence_excerpt":"Net income of $70.7 million, or $0.39 per diluted share, for the first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057706/000115752323000604/0001157523-23-000604-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$70.7 million"},{"label":"EPS","value":"$0.39 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"}