Walker & Dunlop delivered a strong Q4 2024 with a 45% YoY increase in transaction volume, driving revenue growth of 24% and net income growth of 42%. The company benefited from higher origination fees and mortgage servicing rights income, despite a decline in adjusted EPS due to increased expenses.
Walker & Dunlop reported a strong third quarter in 2024, with a 36% increase in total transaction volume driving a 33% increase in diluted earnings per share. The company's key financial results improved, reflecting the ongoing recovery and strong fundamentals in the commercial real estate market.
Walker & Dunlop reported a flat transaction volume of $8.4 billion and revenues of $270.7 million, a 1% decrease year-over-year. Net income was $22.7 million, down 18% year-over-year, while adjusted core EPS increased by 26% to $1.23.
Walker & Dunlop reported a mixed Q1 2024 with a 4% decrease in total revenues to $228.1 million and a 55% decrease in net income to $11.9 million, or $0.35 per diluted share. However, adjusted EBITDA increased by 9% to $74.1 million, and adjusted core EPS rose by 2% to $1.19, demonstrating the strength of recurring revenue streams despite market headwinds.
Walker & Dunlop reported Q4 2023 results with total revenues of $274.3 million, a decrease of 3% year over year. The company's net income was $31.6 million, or $0.93 per diluted share, down 24% and 25%, respectively, year over year. Total transaction volume was $9.3 billion, down 17% year over year.
Walker & Dunlop reported a decrease in total transaction volume by 49% year-over-year, resulting in a 15% decrease in total revenues. Net income also decreased by 54%. However, adjusted EBITDA declined only 1% due to the stability of revenues from the servicing and asset management segment.
Walker & Dunlop reported a decrease in total transaction volume by 63% year-over-year due to Federal Reserve tightening. Despite this, total revenues decreased by only 20% due to strength in recurring servicing and asset management revenues. Net income was $27.6 million, a 49% decrease year-over-year.
Walker & Dunlop reported a 25% decrease in total revenues, totaling $238.7 million for Q1 2023, compared to the same period last year. Net income and diluted earnings per share both decreased by 63%. Adjusted EBITDA increased by 9%, and adjusted core EPS increased by 10%.
Walker & Dunlop reported a 31% decrease in total revenues, totaling $282.9 million for Q4 2022. Net income was $41.5 million, with diluted earnings per share at $1.24, a decrease of 48% and 49% respectively. Despite macroeconomic headwinds, the company's servicing portfolio reached $123.1 billion, up 6% year over year.
Walker & Dunlop reported a decrease in total revenues of 9% year-over-year, with net income and diluted earnings per share also declining. However, adjusted EBITDA increased by 4% driven by growth in cash revenues from the company's services businesses. The company's servicing portfolio continued to expand, reaching $120.8 billion.
Walker & Dunlop reported a 21% increase in total revenues, reaching $340.8 million for the second quarter of 2022. Transaction volume increased by 67% year over year, totaling $22.5 billion. Net income was $54.3 million, with diluted earnings per share of $1.61.
Walker & Dunlop reported strong first-quarter results with a 42% increase in total revenues, driven by a 40% increase in total transaction volume. Diluted earnings per share grew by 18%, reflecting the company's robust platform and strategic acquisitions.
Walker & Dunlop's Q4 2021 results showcased record total revenues of $407.2 million, a 16% increase year-over-year, and a record total transaction volume of $27.1 billion, up 91% from Q4 2020. Net income was $79.9 million, with diluted earnings per share at $2.42. Adjusted EBITDA reached a record $109.7 million, marking an 89% increase from the same period last year.
Walker & Dunlop reported a 35% increase in net income and a 60% increase in adjusted EBITDA, driven by a 40% increase in revenues. The company achieved a record total transaction volume of $18.5 billion, up 120% from Q3 2020, and a record adjusted EBITDA of $72.4 million, up 60% from Q3 2020. The servicing portfolio reached $113.9 billion, up 10% from the previous year.
Walker & Dunlop reported an 11% increase in total revenues, reaching $281.4 million for the second quarter of 2021. This growth was driven by record volumes in brokered debt and property sales. Net income stood at $56.1 million, with diluted earnings per share at $1.73.
Walker & Dunlop reported a net income of $58.1 million, or $1.79 per diluted share, up 20% from the first quarter of 2020. Total revenues reached $224.3 million. Total transaction volume was $9.0 billion, down 20% from the first quarter of 2020.
Walker & Dunlop reported a strong fourth quarter in 2020, with total revenues increasing by 61% and net income increasing by 94% compared to the fourth quarter of 2019. The company's total transaction volume also increased by 45% during the same period. For the full year 2020, Walker & Dunlop reported record total revenues of $1.1 billion, up 33% from 2019.
Walker & Dunlop reported a 16% increase in total revenues, reaching $247 million for Q3 2020. Net income increased by 21% to $53.2 million, with diluted earnings per share up 19% to $1.66. The servicing portfolio grew to $103.4 billion, a 13% increase year-over-year.
Walker & Dunlop reported a record total revenue of $252.8 million, up 26% year-over-year, and diluted earnings per share of $1.95, up 47% year-over-year. The company's Q2 total transaction volume was $7.1 billion, and the servicing portfolio reached $100.0 billion.
Walker & Dunlop reported a record total revenue of $234.2 million, up 25% from Q1 2019. Net income was $47.8 million, or $1.49 per diluted share, up 8% and 7%, respectively, from the first quarter of last year. The company's total transaction volume grew 91% year-over-year to a record $11.4 billion.
Walker & Dunlop reported a record total transaction volume of $9.8 billion and record total revenues of $217.2 million for Q4 2019. Net income was $42.9 million, and diluted earnings per share was $1.34. The company's servicing portfolio reached $93.2 billion.