← positive_eps_streak (all companies) · IBCP (all signals) · all methodology
positive_eps_streak on INDEPENDENT BANK CORP /MI/ (IBCP)
SIC 6022 — State Commercial Banks · CIK 39311 · default direction: long
Definition
Fires on companies with consecutive years of positive earnings — quality compounder candidates. Surfaces stable franchises with earnings durability, not speculative growth.
Every time the signal fired on IBCP
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-06 | 2026-03-06 | -1.17% | -2.80% | -1.31% | — | — |
| FY2024 | 2025-03-07 | 2025-03-07 | -4.14% | -2.28% | -11.22% | +1.06% | +10.57% |
| FY2023 | 2024-03-08 | 2024-03-08 | -0.77% | -2.76% | -0.24% | -1.37% | +27.55% |
| FY2022 | 2023-03-03 | 2023-03-03 | -1.76% | -9.53% | -19.70% | -22.72% | +16.73% |
| FY2021 | 2022-03-04 | 2022-03-04 | -2.79% | +0.56% | -4.73% | -13.96% | -4.13% |
| FY2020 | 2021-03-05 | 2021-03-05 | +4.57% | +8.83% | +7.71% | +6.53% | +8.27% |
| FY2019 | 2020-03-06 | 2020-03-06 | -13.79% | -15.96% | -37.49% | -26.05% | +30.20% |
| FY2018 | 2019-03-07 | 2019-03-07 | +0.43% | -0.26% | -4.43% | -7.17% | -15.25% |
| FY2017 | 2018-03-07 | 2018-03-07 | -0.62% | +0.00% | +0.21% | +7.97% | -1.17% |
| FY2016 | 2017-03-07 | 2017-03-07 | -0.94% | -1.64% | -4.45% | -2.13% | +15.05% |
| FY2015 | 2016-03-07 | 2016-03-07 | -0.95% | -0.95% | -1.22% | +2.24% | +47.35% |
| FY2014 | 2015-03-06 | 2015-03-06 | +0.00% | +1.17% | +0.86% | +5.01% | +18.00% |
Forward returns are stock returns from event date (next trading day after filing). Sign is raw stock direction; the trade direction is in the calibration table below.
Universe-wide calibration (this signal across all companies)
| Horizon | n events | Gross stock ret | Hit rate | Trade dir | Net PnL | Cost (bps) | r/σ net |
|---|---|---|---|---|---|---|---|
| 1d | 21,256 | +0.05% | +49.53% | long | -0.16% | 22 | -0.04 |
| 5d | 21,258 | +0.10% | +50.10% | long | -0.10% | 22 | -0.00 |
| 20d | 21,218 | -0.80% | +49.80% | long | -1.03% | 22 | -0.04 |
| 60d | 19,852 | +1.64% | +54.15% | long | +1.48% | 22 | +0.04 |
| 252d | 19,501 | +13.65% | +64.44% | long | +13.47% | 22 | +0.27 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See positive_eps_streak methodology for the full audit.