The WACC of First Financial Bancorp (FFBC) is 7.7%.
Range | Selected | |
Cost of equity | 7.40% - 9.40% | 8.40% |
Tax rate | 15.30% - 16.70% | 16.00% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 6.8% - 8.5% | 7.7% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.77 | 0.81 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.40% | 9.40% |
Tax rate | 15.30% | 16.70% |
Debt/Equity ratio | 0.21 | 0.21 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 6.8% | 8.5% |
Selected WACC | 7.7% | |