The WACC of Business First Bancshares Inc (BFST) is 8.3%.
| Range | Selected | |
| Cost of equity | 8.10% - 10.30% | 9.20% |
| Tax rate | 20.20% - 21.10% | 20.65% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.4% - 9.3% | 8.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.91 | 0.96 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.10% | 10.30% |
| Tax rate | 20.20% | 21.10% |
| Debt/Equity ratio | 0.19 | 0.19 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.4% | 9.3% |
| Selected WACC | 8.3% | |