The WACC of First Internet Bancorp (INBK) is 8.4%.
| Range | Selected | |
| Cost of equity | 8.40% - 10.90% | 9.65% |
| Tax rate | 12.40% - 13.80% | 13.10% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.5% - 9.4% | 8.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.98 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.40% | 10.90% |
| Tax rate | 12.40% | 13.80% |
| Debt/Equity ratio | 0.29 | 0.29 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.5% | 9.4% |
| Selected WACC | 8.4% | |