CMA
Comerica Inc
Price:  
54.87 
USD
Volume:  
2,737,595.00
United States | Banks
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Comerica WACC - Weighted Average Cost of Capital

The WACC of Comerica Inc (CMA) is 8.2%.

The Cost of Equity of Comerica Inc (CMA) is 9.50%.
The Cost of Debt of Comerica Inc (CMA) is 5.00%.

Range Selected
Cost of equity 8.00% - 11.00% 9.50%
Tax rate 21.80% - 21.90% 21.85%
Cost of debt 5.00% - 5.00% 5.00%
WACC 7.0% - 9.4% 8.2%
WACC

Comerica WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.89 1.1
Additional risk adjustments 0.0% 0.5%
Cost of equity 8.00% 11.00%
Tax rate 21.80% 21.90%
Debt/Equity ratio 0.29 0.29
Cost of debt 5.00% 5.00%
After-tax WACC 7.0% 9.4%
Selected WACC 8.2%