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positive_eps_streak on M&T BANK CORP (MTB)

SIC 6022 — State Commercial Banks · CIK 36270 · 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 MTB

FYFiling dateEvent date1d5d20d60d252d
FY20252026-02-182026-02-18-1.14%-3.98%-14.37%
FY20242025-02-192025-02-19-0.89%-4.78%-10.50%-5.48%+20.25%
FY20232024-02-212024-02-21+0.63%+0.74%+5.41%+12.97%+45.30%
FY20222023-02-222023-02-22+0.34%-0.01%-23.04%-19.84%-6.82%
FY20212022-02-162022-02-16-1.85%-6.25%-3.11%-9.87%-11.70%
FY20202021-02-222021-02-22+2.65%+0.03%-3.09%+6.52%+20.98%
FY20192020-02-202020-02-20-0.57%-14.66%-37.68%-47.03%-8.18%
FY20182019-02-202019-02-20-1.66%-1.97%-6.40%-6.33%-1.20%
FY20172018-02-222018-02-22+2.12%-0.34%-3.34%-3.66%-7.13%
FY20162017-02-222017-02-22+1.04%+2.49%-7.49%-6.11%+14.88%
FY20152016-02-192016-02-19+2.23%-0.08%+5.90%+7.25%+60.58%
FY20142015-02-202015-02-20-0.12%+0.30%+6.10%+1.55%-7.71%
FY20132014-02-212014-02-21+1.22%+3.34%+7.36%+6.46%+9.26%
FY20122013-02-252013-02-25+0.19%+2.08%+1.62%+5.03%+15.32%
FY20112012-02-232012-02-23-0.41%-0.22%+4.40%-0.85%+28.35%
FY20102011-02-222011-02-22-0.57%-3.03%-2.86%+0.54%-6.51%

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)

Horizonn eventsGross stock retHit rateTrade dirNet PnLCost (bps)r/σ net
1d21,256+0.05%+49.53%long-0.16%22-0.04
5d21,258+0.10%+50.10%long-0.10%22-0.00
20d21,218-0.80%+49.80%long-1.03%22-0.04
60d19,852+1.64%+54.15%long+1.48%22+0.04
252d19,501+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.


Data: /api/company/36270/financials