The WACC of Commerce Bancshares Inc (CBSH) is 8.0%.
| Range | Selected | |
| Cost of equity | 7.90% - 11.10% | 9.50% |
| Tax rate | 20.80% - 21.10% | 20.95% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.8% - 9.1% | 8.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.89 | 1.11 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.90% | 11.10% |
| Tax rate | 20.80% | 21.10% |
| Debt/Equity ratio | 0.39 | 0.39 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.8% | 9.1% |
| Selected WACC | 8.0% | |