SMMF
Summit Financial Group Inc
Price:  
25.70 
USD
Volume:  
34,628.00
United States | Banks
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SMMF WACC - Weighted Average Cost of Capital

The WACC of Summit Financial Group Inc (SMMF) is 7.4%.

The Cost of Equity of Summit Financial Group Inc (SMMF) is 8.50%.
The Cost of Debt of Summit Financial Group Inc (SMMF) is 5.00%.

Range Selected
Cost of equity 7.30% - 9.70% 8.50%
Tax rate 20.00% - 20.60% 20.30%
Cost of debt 5.00% - 5.00% 5.00%
WACC 6.5% - 8.3% 7.4%
WACC

SMMF WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.75 0.86
Additional risk adjustments 0.0% 0.5%
Cost of equity 7.30% 9.70%
Tax rate 20.00% 20.60%
Debt/Equity ratio 0.33 0.33
Cost of debt 5.00% 5.00%
After-tax WACC 6.5% 8.3%
Selected WACC 7.4%