← positive_eps_streak (all companies) · MBWM (all signals) · all methodology
positive_eps_streak on MERCANTILE BANK CORP (MBWM)
SIC 6022 — State Commercial Banks · CIK 1042729 · 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 MBWM
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-27 | 2026-02-27 | +1.70% | -1.84% | -3.79% | — | — |
| FY2024 | 2025-03-03 | 2025-03-03 | -3.58% | -8.14% | -8.93% | -7.03% | +13.16% |
| FY2023 | 2024-03-01 | 2024-03-01 | +5.66% | +2.34% | +2.97% | +3.93% | +30.49% |
| FY2022 | 2023-03-03 | 2023-03-03 | -1.07% | -5.19% | -11.26% | -22.58% | +17.04% |
| FY2021 | 2022-03-04 | 2022-03-04 | -1.63% | -0.63% | -3.79% | -9.97% | -1.50% |
| FY2020 | 2021-03-05 | 2021-03-05 | +4.49% | +7.50% | +1.95% | +2.83% | +19.48% |
| FY2019 | 2020-03-02 | 2020-03-02 | -3.38% | -19.45% | -32.36% | -17.57% | +4.72% |
| FY2018 | 2019-03-04 | 2019-03-04 | -0.43% | -1.63% | -3.64% | -7.73% | -13.21% |
| FY2017 | 2018-03-05 | 2018-03-05 | +1.18% | +3.07% | -2.07% | +4.51% | +2.08% |
| FY2016 | 2017-03-06 | 2017-03-06 | -0.06% | -4.62% | +3.69% | -6.81% | +7.73% |
| FY2015 | 2016-03-07 | 2016-03-07 | -2.37% | -2.37% | -8.86% | +5.26% | +47.61% |
| FY2014 | 2015-03-10 | 2015-03-10 | +0.69% | +3.44% | +4.98% | +5.51% | +25.75% |
| FY2013 | 2014-02-28 | 2014-02-28 | -0.74% | +0.99% | +1.08% | +13.95% | +6.13% |
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.