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Jun 30, 2020

Walker & Dunlop Q2 2020 Earnings Report

Walker & Dunlop reported record revenues and increased diluted earnings per share.

Key Takeaways

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.

Total transaction volume of $7.1 billion, down 2% from Q2’19

Record total revenues of $252.8 million, up 26% from Q2’19

Net income of $62.1 million and diluted earnings per share of $1.95, both up 47% from Q2’19

Servicing portfolio of $100.0 billion at June 30, 2020, up 11% from Q2’19

Total Revenue
$253M
Previous year: $200M
+26.2%
EPS
$1.95
Previous year: $1.33
+46.6%
Total Transaction Volume
$7.1B
Previous year: $7.3B
-2.7%
Servicing Portfolio
$100B
Previous year: $89.9B
+11.2%
Debt Financing Volume
$6.68B
Previous year: $6.2B
+7.7%
Gross Profit
$144M
Previous year: $112M
+28.2%
Cash and Equivalents
$275M
Previous year: $74.2M
+271.0%
Total Assets
$3.79B
Previous year: $2.99B
+26.7%

Walker & Dunlop

Walker & Dunlop

Forward Guidance

No specific forward guidance provided in the earnings report.