MBWM
Mercantile Bank Corp
Price:  
37.85 
USD
Volume:  
44,216.00
United States | Banks
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MBWM WACC - Weighted Average Cost of Capital

The WACC of Mercantile Bank Corp (MBWM) is 7.1%.

The Cost of Equity of Mercantile Bank Corp (MBWM) is 9.05%.
The Cost of Debt of Mercantile Bank Corp (MBWM) is 5.00%.

Range Selected
Cost of equity 7.80% - 10.30% 9.05%
Tax rate 19.50% - 19.70% 19.60%
Cost of debt 5.00% - 5.00% 5.00%
WACC 6.4% - 7.9% 7.1%
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 0.86 0.96
Additional risk adjustments 0.0% 0.5%
Cost of equity 7.80% 10.30%
Tax rate 19.50% 19.70%
Debt/Equity ratio 0.62 0.62
Cost of debt 5.00% 5.00%
After-tax WACC 6.4% 7.9%
Selected WACC 7.1%