{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001169","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.038372+00:00","generated_at":"2026-06-12T23:39:06.456633+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 Q2 net income $70.7M flat QoQ; announces $225M share repurchase program","bullets":["Net income $70.7M ($0.39 diluted EPS), consistent with Q1; ROAA 1.51% vs 1.55% prior quarter.","Net interest margin 4.23%, down from 4.34% QoQ, reflecting higher deposit costs; provision increased to $22.2M from $15.5M.","Total loans grew $140.4M to $11.7B; core deposits (ex-brokered & gov't) decreased $104.3M.","Board approved new $225M share repurchase program to be executed by Q3 2024; also resumed prior $75M authorization.","Non-performing assets down $7.9M to $121.1M; capital ratios well above 'well capitalized' thresholds."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001169","json":"https://secwatch.observer/filing/0001157523-23-001169.json","markdown":"https://secwatch.observer/filing/0001157523-23-001169.md","text":"https://secwatch.observer/filing/0001157523-23-001169.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000115752323001169/0001157523-23-001169-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000115752323001169/a53487339.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:39:06.456633+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":"bfb609b4fa58bc173704a4adcc199092bc41f2da","claim":"FIRST BANCORP /PR/ reported the quarter ended June 30, 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 second quarter of 2023, consistent with the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057706/000115752323001169/0001157523-23-001169-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 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"}