The WACC of First Midwest Bancorp Inc (FMBI) is 7.8%.
Range | Selected | |
Cost of equity | 7.10% - 9.30% | 8.20% |
Tax rate | 24.70% - 25.50% | 25.10% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 6.8% - 8.8% | 7.8% |
Category | Low | High |
Long-term bond rate | 3.2% | 3.7% |
Equity market risk premium | 4.2% | 5.2% |
Adjusted beta | 0.94 | 0.98 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.10% | 9.30% |
Tax rate | 24.70% | 25.50% |
Debt/Equity ratio | 0.1 | 0.1 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 6.8% | 8.8% |
Selected WACC | 7.8% | |