MBWM
Mercantile Bank Corp
Price:  
51.79 
USD
Volume:  
130,547.00
United States | Banks
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MBWM WACC - Weighted Average Cost of Capital

The WACC of Mercantile Bank Corp (MBWM) is 8.6%.

The Cost of Equity of Mercantile Bank Corp (MBWM) is 10.05%.
The Cost of Debt of Mercantile Bank Corp (MBWM) is 5.00%.

Range Selected
Cost of equity 8.80% - 11.30% 10.05%
Tax rate 19.50% - 19.70% 19.60%
Cost of debt 5.00% - 5.00% 5.00%
WACC 7.6% - 9.5% 8.6%
WACC

MBWM WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 1.06 1.16
Additional risk adjustments 0.0% 0.5%
Cost of equity 8.80% 11.30%
Tax rate 19.50% 19.70%
Debt/Equity ratio 0.33 0.33
Cost of debt 5.00% 5.00%
After-tax WACC 7.6% 9.5%
Selected WACC 8.6%