WD
Walker & Dunlop, Inc.62.41
+0.09+0.14%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.13BP/E (TTM)
18.52Basic EPS (TTM)
3.37Dividend Yield
0.04%Recent Filings
8-K
Q3 volume up 34%
Walker & Dunlop reported Q3 2025 results with transaction volume surging 34% to $15.5 billion, fueled by 64% growth in GSE lending and 30% in property sales amid recovering commercial real estate markets. Revenues climbed 16% to $337.7 million, net income rose 16% to $33.5 million ($0.98 diluted EPS), and the servicing portfolio expanded 4% to $139.3 billion. Yet adjusted EBITDA edged up just 4% to $82.1 million, pressured by higher personnel costs. The board declared a $0.67 quarterly dividend.
10-Q
Q3 FY2025 results
Walker & Dunlop posted solid Q3 FY2025 results, with total revenues climbing 16% y/y to $337.7M, fueled by a 36% surge in debt financing volume to $10.8B that lifted loan origination fees 33% y/y to $97.8M, while property sales broker fees jumped 37% y/y to $26.5M on 30% higher sales volume. Operating income rose 22% y/y to $45.9M, with diluted EPS steady at $0.98 amid stable diluted shares of 33.4M; yet investment management fees dipped 47% y/y to $6.2M due to softer LIHTC dispositions. Servicing fees edged up 4% y/y to $85.2M on a 3% larger average portfolio, while the $139.3B servicing portfolio grew 4% y/y. Liquidity stayed robust at $274.8M cash and $2.2B warehouse availability, with total debt at $3.0B including a $447.8M term loan and $400M senior notes, both compliant with covenants. No M&A closed this quarter. Elevated interest rates still crimp pricing power.
8-K
WD extends repo facility
Walker & Dunlop extended its master repurchase agreement with JPMorgan Chase Bank to September 10, 2026, while temporarily boosting the facility amount to $1.5 billion through November 20, 2025, before reverting to $1 billion. This secures ongoing funding for multifamily mortgage originations, easing liquidity pressures amid market volatility. The tweak drops the upfront fee but adds a non-usage charge on underutilized capacity. Yet, it locks in favorable terms.
8-K
Board elects finance expert
Walker & Dunlop expanded its board from seven to eight members on September 11, 2025, electing Ernest M. Freedman as an independent director and Audit and Risk Committee member. Freedman brings extensive CFO experience from Invitation Homes, Aimco, and HEI Hotels, plus rental housing and capital markets expertise. This bolsters financial oversight. His compensation prorates from the election date.
8-K
Temporary repo facility boost
Walker & Dunlop amended its repurchase agreement with JPMorgan Chase on August 26, 2025, temporarily boosting the uncommitted facility amount to $1.45 billion through November 20, 2025, before reverting to $950 million. This expansion enhances liquidity for mortgage financing operations amid market demands. The facility supports ongoing transactions. Yet, its uncommitted nature leaves funding at the bank's discretion.
IPO
Website
Employees
Sector
Industry
COOP
Mr. Cooper Group Inc.
210.79+0.00
FMCC
Freddie Mac
10.35+0.16
FNMA
Fannie Mae
10.85+0.11
LADR
Ladder Capital Corp
11.21-0.12
LDI
loanDepot, Inc.
2.40-0.06
LOAN
Manhattan Bridge Capital, Inc
4.80-0.06
MMI
Marcus & Millichap, Inc.
27.95+0.17
NLY
Annaly Capital Management Inc.
22.12-0.24
VEL
Velocity Financial, Inc.
19.66+0.02
WFC
Wells Fargo & Company
92.19-0.71