The WACC of Independent Bank Group Inc (IBTX) is 7.5%.
| Range | Selected | |
| Cost of equity | 6.70% - 9.00% | 7.85% |
| Tax rate | 20.30% - 20.30% | 20.30% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.4% - 8.5% | 7.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.62 | 0.74 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.70% | 9.00% |
| Tax rate | 20.30% | 20.30% |
| Debt/Equity ratio | 0.12 | 0.12 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.4% | 8.5% |
| Selected WACC | 7.5% | |