The WACC of Bank of N.T. Butterfield & Son Ltd (NTB) is 7.2%.
| Range | Selected | |
| Cost of equity | 6.20% - 8.40% | 7.30% |
| Tax rate | 1.30% - 1.60% | 1.45% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.1% - 8.2% | 7.2% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.51 | 0.63 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.20% | 8.40% |
| Tax rate | 1.30% | 1.60% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.1% | 8.2% |
| Selected WACC | 7.2% | |