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Dec 31, 2021
Marcus & Millichap Q4 2021 Earnings Report
Reported record quarterly and annual revenues and eps.
Key Takeaways
Marcus & Millichap reported record financial results for the fourth quarter and the year ended December 31, 2021, driven by increases in real estate brokerage commissions and financing fees.
Total revenues increased by 97.9% to $495.1 million.
Net income increased to $62.0 million, or $1.53 per common share, diluted.
Brokerage commissions more than doubled to $455.5 million.
Financing fees increased by 27.5% to $34.2 million.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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