The WACC of Heritage Commerce Corp (HTBK) is 7.6%.
| Range | Selected | |
| Cost of equity | 6.70% - 9.10% | 7.90% |
| Tax rate | 28.20% - 28.40% | 28.30% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.5% - 8.7% | 7.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.62 | 0.75 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.70% | 9.10% |
| Tax rate | 28.20% | 28.40% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.5% | 8.7% |
| Selected WACC | 7.6% | |