The WACC of Old National Bancorp (ONB) is 8.6%.
| Range | Selected | |
| Cost of equity | 8.20% - 10.50% | 9.35% |
| Tax rate | 18.00% - 19.40% | 18.70% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.6% - 9.5% | 8.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.94 | 1.01 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.20% | 10.50% |
| Tax rate | 18.00% | 19.40% |
| Debt/Equity ratio | 0.18 | 0.18 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.6% | 9.5% |
| Selected WACC | 8.6% | |