The WACC of Heritage Financial Corp (HFWA) is 8.7%.
| Range | Selected | |
| Cost of equity | 7.60% - 10.10% | 8.85% |
| Tax rate | 16.10% - 17.10% | 16.60% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.5% - 10.0% | 8.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.81 | 0.94 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.60% | 10.10% |
| Tax rate | 16.10% | 17.10% |
| Debt/Equity ratio | 0.03 | 0.03 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.5% | 10.0% |
| Selected WACC | 8.7% | |