The WACC of Zions Bancorporation NA (ZION) is 8.0%.
| Range | Selected | |
| Cost of equity | 9.20% - 12.50% | 10.85% |
| Tax rate | 21.70% - 22.20% | 21.95% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.0% - 9.0% | 8.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.15 | 1.36 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.20% | 12.50% |
| Tax rate | 21.70% | 22.20% |
| Debt/Equity ratio | 0.68 | 0.68 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.0% | 9.0% |
| Selected WACC | 8.0% | |