The WACC of Heritage Financial Corp (HFWA) is 8.5%.
| Range | Selected | |
| Cost of equity | 7.40% - 9.80% | 8.60% |
| Tax rate | 16.50% - 17.40% | 16.95% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.3% - 9.7% | 8.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.77 | 0.89 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.40% | 9.80% |
| Tax rate | 16.50% | 17.40% |
| Debt/Equity ratio | 0.03 | 0.03 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.3% | 9.7% |
| Selected WACC | 8.5% | |