The WACC of FIRST BANK (Hamilton) (FRBA) is 8.0%.
| Range | Selected | |
| Cost of equity | 7.50% - 9.80% | 8.65% |
| Tax rate | 23.70% - 24.20% | 23.95% |
| 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 | 0.79 | 0.87 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.50% | 9.80% |
| Tax rate | 23.70% | 24.20% |
| Debt/Equity ratio | 0.14 | 0.14 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.0% | 9.0% |
| Selected WACC | 8.0% | |