The WACC of Texas Capital Bancshares Inc (TCBI) is 8.5%.
| Range | Selected | |
| Cost of equity | 8.50% - 11.00% | 9.75% |
| Tax rate | 23.20% - 23.90% | 23.55% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.5% - 9.4% | 8.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.01 | 1.09 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.50% | 11.00% |
| Tax rate | 23.20% | 23.90% |
| Debt/Equity ratio | 0.27 | 0.27 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.5% | 9.4% |
| Selected WACC | 8.5% | |