The WACC of First Mid Bancshares Inc (FMBH) is 7.0%.
| Range | Selected | |
| Cost of equity | 7.10% - 9.20% | 8.15% |
| Tax rate | 22.60% - 23.40% | 23.00% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.3% - 7.8% | 7.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.7 | 0.77 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.10% | 9.20% |
| Tax rate | 22.60% | 23.40% |
| Debt/Equity ratio | 0.35 | 0.35 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.3% | 7.8% |
| Selected WACC | 7.0% | |