The WACC of First Commonwealth Financial Corp (FCF) is 8.6%.
Range | Selected | |
Cost of equity | 7.70% - 10.70% | 9.20% |
Tax rate | 19.80% - 20.00% | 19.90% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 7.3% - 10.0% | 8.6% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.83 | 1.05 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.70% | 10.70% |
Tax rate | 19.80% | 20.00% |
Debt/Equity ratio | 0.12 | 0.12 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 7.3% | 10.0% |
Selected WACC | 8.6% | |