MBWM
Mercantile Bank Corp
Price:  
36.38 
USD
Volume:  
62,912.00
United States | Banks
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MBWM WACC - Weighted Average Cost of Capital

The WACC of Mercantile Bank Corp (MBWM) is 8.2%.

The Cost of Equity of Mercantile Bank Corp (MBWM) is 10.80%.
The Cost of Debt of Mercantile Bank Corp (MBWM) is 5.00%.

Range Selected
Cost of equity 9.40% - 12.20% 10.80%
Tax rate 19.50% - 19.70% 19.60%
Cost of debt 5.00% - 5.00% 5.00%
WACC 7.3% - 9.1% 8.2%
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 1.2 1.3
Additional risk adjustments 0.0% 0.5%
Cost of equity 9.40% 12.20%
Tax rate 19.50% 19.70%
Debt/Equity ratio 0.61 0.61
Cost of debt 5.00% 5.00%
After-tax WACC 7.3% 9.1%
Selected WACC 8.2%